Currently, there are 731.93M common shares owned by the public and among those 722.28M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -4.13% and -19.99% over the past three months. BX shares are trading -12.28% year to date (YTD), with the 12-month market performance up to 19.44% higher. It has a 12-month low price of $114.76 and touched a high of $200.28 over the same period. BX has an average intraday trading volume of 3.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.68%, -11.56%, and -1.70% respectively.
Institutional ownership of Blackstone Inc (NYSE: BX) shares accounts for 42.51% of the company’s 731.93M shares outstanding.
It has a market capitalization of $183.69B and a beta (3y monthly) value of 1.58. The stock’s trailing 12-month PE ratio is 41.59, while the earnings-per-share (ttm) stands at $3.62. The company has a PEG of 1.99 and the debt-to-equity ratio at 1.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.59% over the week and 3.20% over the month.
Earnings per share for the fiscal year are expected to increase by 22.21%, and 22.54% over the next financial year. EPS should grow at an annualized rate of 20.92% over the next five years, compared to 3.62% over the past 5-year period.
Looking at the support for the BX, a number of firms have released research notes about the stock. Wells Fargo stated their Equal Weight rating for the stock in a research note on December 12, 2024, with the firm’s price target at $188-$195. TD Cowen coverage for the Blackstone Inc (BX) stock in a research note released on December 09, 2024 offered a Buy rating with a price target of $230. Piper Sandler was of a view on October 09, 2024 that the stock is Neutral, while Wells Fargo gave the stock Overweight rating on September 12, 2024, issuing a price target of $163. Redburn Atlantic on their part issued Neutral rating on August 27, 2024.
