Is Blackstone still a good investment? (2024)

Is Blackstone still a good investment?

Out of 14 analysts, 5 (35.71%) are recommending BX as a Strong Buy, 0 (0%) are recommending BX as a Buy, 9 (64.29%) are recommending BX as a Hold, 0 (0%) are recommending BX as a Sell, and 0 (0%) are recommending BX as a Strong Sell. If you're new to stock investing, here's how to buy Blackstone stock.

Is Blackstone a good stock to buy now?

Is Blackstone stock a Buy, Sell or Hold? Blackstone stock has received a consensus rating of buy. The average rating score is and is based on 63 buy ratings, 25 hold ratings, and 4 sell ratings.

Is Blackstone a good place to invest?

Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019. Blackstone Inc has a Quality Score of 73, which is Strong.

What is the prediction for Blackstone?

Blackstone Stock Forecast

The 19 analysts with 12-month price forecasts for Blackstone stock have an average target of 120.34, with a low estimate of 70.5 and a high estimate of 147. The average target predicts an increase of 0.02% from the current stock price of 120.32.

Why is Blackstone stock down so much?

Blackstone stock was down about 3% in recent trading after President Jonathan Gray told analysts on a conference call that it could take time for distributable earnings to come out of "hibernation."

Should I invest in BlackRock or Blackstone?

You may want to consider BlackRock if you're looking for a more traditional investment firm. The Blackstone Group caters mostly to high-net-worth individuals and exclusively manages alternative assets. If you require a more exclusive approach to investing, this could be a good fit.

Is Blackstone dividend safe?

With that being said, Blackstone Mortgage Trust's dividend should be well-covered, and I do not foresee or predict a dividend adjustment in 2024. The stock sells for an excessively big discount to book value, which incorporates a high margin of dividend safety.

Is Blackstone in debt?

Blackstone long term debt for 2022 was $12.35B, a 58.2% increase from 2021.

Who are the biggest investors in Blackstone?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Capital World Investors, State Street Corp, Morgan Stanley, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Capital International Investors, VFINX - Vanguard 500 Index Fund Investor Shares, Charles Schwab Investment Management Inc, and ...

Is Blackstone a powerful company?

Blackstone is the world's largest alternative asset manager, with more than $1 trillion in AUM. We serve institutional and individual investors by building strong businesses that deliver lasting value.

What is the Blackstone forecast for 2024?

According to our current BX stock forecast, the value of The Blackstone Group shares will drop by -3.43% and reach $ 116.85 per share by April 23, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

How much money do you need to invest in Blackstone?

Minimum initial investment for Class D, S and T shares is $2,500.

How often does Blackstone pay dividends?

( BX ) pays dividends on a quarterly basis.

Why did Blackstone sell BlackRock?

Fink wanted to share equity with new hires, to lure talent from banks, unlike Schwarzman, who did not want to further lower Blackstone's stake. They agreed to part ways, and Schwarzman sold BlackRock, a decision he later called a "heroic mistake."

Is Blackstone bigger than BlackRock?

Although its presence does not span the globe with the magnitude of Blackrock, it is currently the largest private equity firm in the world. Blackstone stands out mainly for its role in private equity investments, often with a controversial tinge, and has made headlines for its aggressive moves.

Is BX in trouble?

Blackstone's odds of distress is under 6% at this time. It has tiny probability of undergoing some form of financial crunch in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions.

Is it safe to invest in BlackRock?

BlackRock currently has an average brokerage recommendation (ABR) of 1.34, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 16 brokerage firms.

How many houses does Blackstone own?

Originally funded by the private equity giant Blackstone, the company has since become its own publicly traded company. The company owns 84,567 homes, of which 11,862 are in California, according to its most recent filing with the Securities and Exchange Commission.

Is BlackRock overpriced?

Valuation metrics show that BlackRock, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of BLK, demonstrate its potential to underperform the market.

Why invest in Blackstone stock?

Key Points. Blackstone is up nearly 30% since the start of the year. This alternative asset management company has outperformed the broader market for the last 15 years. Even with its slightly elevated pricing, it's a great buy for income and growth.

What is the safest dividend paying stock?

What is the most reliable dividend stock?

Is Blackstone the richest company in the world?

Blackstone is the world's largest alternative asset manager with $1.04 trillion in assets under management as of Dec. 31, up 7% in 2023 to a record high. It specializes in "alternatives," the likes of real estate, private equity and infrastructure investments, rather than conventional stocks and bonds.

What major companies does Blackstone own?

Blackstone Group Inc's top holdings are Cheniere Energy Partners, L.P. - Limited Partnership (US:CQP) , Energy Transfer LP - Limited Partnership (US:ET) , Corebridge Financial, Inc. (US:CRBG) , Gates Industrial Corporation plc (US:GTES) , and FirstEnergy Corp. (US:FE) .

Who invests in Blackstone?

We invest on behalf of the world's largest institutional investors, including endowments, sovereign wealth funds and pension funds that provide retirement benefits for over 100 million teachers, firefighters, nurses and others.