Is BX a good stock to Buy now?

The consensus among 5 Wall Street analysts covering (NYSE: BX) stock is to Buy BX stock. Out of 5 analysts, 3 (60%) are recommending BX as a Strong Buy, 0 (0%) are recommending BX as a Buy, 2 (40%) are recommending BX as a Hold, 0 (0%) are recommending BX as a Sell, and 0 (0%) are recommending BX as a Strong Sell.

Similarly Is BX stock overvalued? Using a discounted cash flow analysis forecast, BX is fairly valued and has some downside potential to $126 per share based on its price at the time of research. The company’s $2.80 annual dividend yield, which works out to about 2.25 percent, won’t compensate for the downdraft in share price should it materialize.

How do analysts rate BX stock? Stock Price Forecast

The 12 analysts offering 12-month price forecasts for Blackstone Inc have a median target of 149.50, with a high estimate of 186.00 and a low estimate of 117.00. The median estimate represents a +28.39% increase from the last price of 116.44.

Additionally, Is BX a stock or ETF?

Blackstone Inc. is a company in the U.S. stock market and it is a holding in 154 U.S.-traded ETFs. BX has around 30.5M shares in the U.S. ETF market. The largest ETF holder of BX is the Vanguard Total Stock Market ETF (VTI), with approximately 4.34M shares.

Is BX a buy Zacks?

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

(Delayed Data from NYSE)

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Is BX stock a REIT? BREIT is a non-listed REIT that invests primarily in stabilized income-generating commercial real estate investments across asset classes in the United States and, to a lesser extent, real estate debt investments, with a focus on current income.

Is BX an LP? BX-LP (Low Power)

What type of stock is BX? BX Stock Price | Blackstone Inc.

What is BX invested?

About Blackstone Inc

Its Blackstone Real Estate Partners (BREP) business makes investments in logistics, office, rental housing, hospitality and retail properties, as well as in a variety of real estate operating companies.

Does Blackstone Group issue a K1? Does Blackstone Group Issue A K1 For 2020? The company has decided that it no longer will issue K-1 forms in its entirety, and shareholders will no longer have to pay taxes on the underlying income for the company.

What is a stock PE?

The price-to-earnings (P/E) ratio relates a company’s share price to its earnings per share. A high P/E ratio could mean that a company’s stock is overvalued, or else that investors are expecting high growth rates in the future.

Is BX on Nasdaq? Geared towards retail order flow, Nasdaq BX Options (BX Options) is accessible using existing Nasdaq connectivity options. BX Options features the world-renowned low latency technology found on other Nasdaq trading platforms.

Is BX in the sp500?

The S&P 500 is not just the largest 500 U.S. companies, as the members of the index are determined by a committee at S&P.

The 200 largest U.S. stocks that are not in the S&P 500 Index.

Symbol BX
GICS Sector Financials
Market cap $78,969,652,341
Dividend yield 3.49%
Country USA

What companies does BX own?

Blackstone’s most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres.

What do BlackRock do? BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions.

Is BX a partnership? Blackstone converted from a publicly traded partnership to a corporation on July 1, 2019.

Is Blackstone a PTP?

Blackstone has $512 billion in assets under management as of the latest report. The firm has been a publicly traded partnership since its IPO in 2007.

When did Blackstone become a corporation? On June 21, 2007, Blackstone became a public company via an initial public offering, selling a 12.3% stake in the company for $4.13 billion, in the largest U.S. IPO since 2002.

Is 30 a good PE ratio?

A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company’s early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.

What is a good PE ratio to buy at? A “good” P/E ratio isn’t necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.

What is BV per share?

Book value per share (BVPS) is the ratio of equity available to common shareholders divided by the number of outstanding shares. This figure represents the minimum value of a company’s equity and measures the book value of a firm on a per-share basis.

What companies do Blackstone own? Blackstone’s most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres.

Does Philadelphia have a stock exchange? The Philadelphia Stock Exchange (PHLX), located in Philadelphia, Pennsylvania, was the first official U.S. securities exchange, formed in 1790. However, it currently focuses on equity, currency, and index options rather than stock trading.

What stock market is in Chicago?

NYSE Chicago, formerly known as the Chicago Stock Exchange (CHX), is a stock exchange in Chicago, Illinois, US. The exchange is a national securities exchange and self-regulatory organization, which operates under the oversight of the U.S. Securities and Exchange Commission (SEC).

 

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