1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
While there was little in narrow-moat Blackstone's fourth-quarter results that would alter our long-term view of the firm, we are likely to reduce our fair value estimate slightly to adjust for weaker flows in the near term than we had been previously projecting. We view Blackstone as being moderately undervalued relative to our revised fair value estimate.
Blackstone is one of the world's largest alternative asset managers with $950.9 billion in total asset under management, including $705.9 billion in fee-earning asset under management, at the end of September 2022. The company has four core business segments: private equity (24% of fee-earning AUM and 31% of base management fees); real estate (39% and 40%); credit & insurance (27% and 20%); and hedge fund solutions (10% and 9%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Yes. BX has a forward dividend yield of 4.60%.
See
BX’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
BX’s market cap is 70.28 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
BX’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
BX’s price/sales is 9.94.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
BX’s price/forward earnings is 18.66.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
BX’s price/book is 9.29.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See BX’s valuation ratios compared to the Market Index.
BX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare BX’s historical performance against its industry peers and the overall market.
