BX: Blackstone, Inc.
About
Blackstone, Inc. engages in the provision of investment and fund management services. It operates through the following segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions. The Real Estate segment includes management of opportunistic real estate funds, Core+ real estate funds, high-yield real estate debt funds, and liquid real estate debt funds. The Private Equity segment consists of management of flagship corporate private equity funds, sector and geographically focused corporate private equity funds, core private equity funds, an opportunistic investment platform, a secondary fund of funds business, infrastructure-focused funds, a life sciences investment platform, a growth equity investment platform, a multi-asset investment program for eligible high net worth investors and a capital markets services business. The Credit and Insurance segment refers to Blackstone Credit, which is organized into two overarching strategies: private credit which includes mezzanine direct lending funds, private placement strategies, stressed and distressed strategies and energy strategies, and liquid credit which consists of CLOs, closed-ended funds, open ended funds and separately managed accounts. In addition, the segment includes an insurer-focused platform, an asset-based finance platform, and publicly traded master limited partnership investment platform. The Hedge Fund Solutions segment focuses on Blackstone Alternative Asset Management, which manages a broad range of commingled and customized hedge fund of fund solutions. It also includes a GP Stakes business and investment platforms that invest directly, as well as investment platforms that seed new hedge fund businesses and create alternative solutions through daily liquidity products. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York, NY.
Key Details
Market Cap
$224.27B
P/E Ratio
63.57
1Y Stock Return
74.81%
1Y Revenue Growth
5.69%
Dividend Yield
2.54%
Price to Book
32.2
Strategies that include BX
Stock's related to BX
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BN | 71.30% | $85.61B | +67.30% | 0.55% |
| BAM | 70.87% | $23.31B | +66.79% | 2.62% |
| CG | 68.77% | $18.29B | +59.36% | 3.41% |
| WD | 68.09% | $3.61B | +30.99% | 2.42% |
| TPG | 67.22% | $6.62B | +96.76% | 2.43% |
| KKR | 66.47% | $135.70B | +123.95% | 0.45% |
| APAM | 65.69% | $3.25B | +26.70% | 6.08% |
| IVZ | 65.47% | $7.76B | +25.60% | 4.72% |
| CNS | 65.32% | $5.06B | +77.73% | 2.35% |
| BNT | 65.22% | $7.31B | +67.22% | 0.00% |
| SFBS | 64.96% | $5.11B | +85.58% | 1.29% |
| JLL | 64.01% | $12.26B | +68.32% | 0.00% |
| TROW | 63.96% | $26.20B | +21.60% | 4.19% |
| IIPR | 63.84% | $3.01B | +33.85% | 7.00% |
| BLK | 63.84% | $159.23B | +41.88% | 1.96% |
| ARE | 63.79% | $18.26B | +0.69% | 4.97% |
| PIPR | 63.69% | $5.96B | +121.67% | 0.73% |
| TFC | 63.69% | $61.90B | +47.66% | 4.44% |
| CVCO | 63.64% | $3.82B | +69.11% | 0.00% |
| UFPI | 63.58% | $7.78B | +17.42% | 1.01% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LMT | -0.03% | $126.40B | +18.99% | 2.36% |
| WHLM | -0.05% | $17.64M | -29.34% | 0.00% |
| KHC | -0.05% | $36.98B | -10.45% | 5.23% |
| XBIO | -0.08% | $6.01M | +21.36% | 0.00% |
| BTCT | -0.08% | $42.61M | +353.33% | 0.00% |
| STVN | 0.11% | $4.95B | -32.48% | 0.32% |
| HQY | -0.12% | $8.97B | +52.15% | 0.00% |
| STG | -0.13% | $35.67M | +7.92% | 0.00% |
| WM | 0.16% | $87.92B | +27.58% | 1.34% |
| CYCN | -0.16% | $4.77M | -16.19% | 0.00% |
| PRPH | 0.19% | $18.14M | -82.61% | 0.00% |
| MMC | 0.26% | $108.41B | +10.89% | 1.37% |
| KSPI | 0.27% | $20.86B | +18.06% | 3.37% |
| NAPA | 0.32% | $1.63B | +9.61% | 0.00% |
| GAN | -0.34% | $83.39M | +21.19% | 0.00% |
| RNR | 0.35% | $13.74B | +23.09% | 0.58% |
| FATBB | 0.35% | $81.94M | -12.91% | 11.69% |
| INSM | 0.37% | $13.19B | +202.50% | 0.00% |
| NEUE | -0.38% | $40.93M | -34.13% | 0.00% |
| CME | 0.39% | $82.76B | +9.21% | 1.98% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -17.98% | $21.46B | +15.84% | 1.11% |
| HUSA | -17.11% | $16.69M | -11.56% | 0.00% |
| MCK | -12.82% | $78.15B | +35.51% | 0.42% |
| MNR | -9.38% | $1.66B | -10.71% | 15.90% |
| TCTM | -8.10% | $8.10M | -42.99% | 0.00% |
| CYD | -8.03% | $364.46M | -2.94% | 4.26% |
| GIS | -7.65% | $34.85B | -2.91% | 3.78% |
| CAH | -6.47% | $28.64B | +12.14% | 1.70% |
| COR | -6.05% | $47.48B | +21.20% | 0.86% |
| CPB | -5.92% | $12.96B | +7.08% | 3.40% |
| PGR | -5.72% | $149.10B | +57.29% | 0.45% |
| ZTO | -5.72% | $12.58B | -4.71% | 4.73% |
| QTTB | -5.64% | $354.34M | +188.64% | 0.00% |
| PG | -5.59% | $402.15B | +14.14% | 2.33% |
| CHD | -5.51% | $27.18B | +19.50% | 1.03% |
| MNOV | -5.03% | $93.19M | +2.15% | 0.00% |
| K | -3.36% | $27.77B | +52.50% | 2.79% |
| LUMO | -3.30% | $37.45M | +41.97% | 0.00% |
| ASPS | -3.07% | $22.36M | -80.26% | 0.00% |
| LITB | -2.48% | $35.48M | -75.45% | 0.00% |
ETF's related to BX
News
SeekingAlpha
The RiverPark Long/Short Opportunity Fund returned 0.66% in Q3 '24 vs. the S&P 500 Total Return Index, which returned 5.89%. Click here to read the full fund letter.
Yahoo
(Bloomberg) -- Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in West Texas with an eye on supplying the booming energy demand for artificial intelligence applications, according to people familiar with the matter.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus
Finnhub
The private equity owner of Freddy's Frozen Custard & Steakburgers is exploring a sale of the fast-casual restaurant chain that could value it at more than $1 billion, including debt, according to...
Yahoo
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition. FOX Business takes a look at some other well-known companies that Blackstone owns or has a stake in.
Yahoo
Blackstone will assist the sandwich chain in its expansion efforts in the US and internationally.
SeekingAlpha
Investment activity in October focused on Business Development Companies. Check out my portfolio, my main picks, and my target for 2024.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.