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How to buy The Blackstone Group stock in Canada
Own The Blackstone Group shares in just a few minutes.
The Blackstone Group is an asset management business based in the US. The Blackstone Group stocks (BX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $98.26 – a decrease of 9.16% over the previous week. The Blackstone Group employs 3,165 staff and has a trailing 12-month revenue of around $20.2 billion.
How to buy shares in The Blackstone Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – BX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy The Blackstone Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in The Blackstone Group?
- Has coronavirus impacted The Blackstone Group shares?
- The Blackstone Group shares summary
- Compare share dealing platforms
- Is The Blackstone Group stock a buy or sell?
- The Blackstone Group performance over time
- Is The Blackstone Group suitable for ethical investing?
- Are The Blackstone Group shares over-valued?
- The Blackstone Group's financials
- How volatile are The Blackstone Group shares?
- Does The Blackstone Group pay a dividend?
- Other common questions
How has Coronavirus impacted The Blackstone Group's stock price?
Since the stock market crash in March caused by coronavirus, The Blackstone Group's stock price has had significant positive movement.
Its last market close was $135.25, which is 54.71% up on its pre-crash value of $61.25 and 309.85% up on the lowest point reached during the March crash when the stocks fell as low as $33.
If you had bought $1,000 worth of The Blackstone Group stocks at the start of February 2020, those stocks would have been worth $595.38 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,234.33.
The Blackstone Group stock price (NYSE: BX)Use our graph to track the performance of BX stocks over time.
The Blackstone Group shares at a glance
|Latest market close||$135.25|
|52-week range||$59.06 - $149.78|
|50-day moving average||$133.32|
|200-day moving average||$105.46|
|Wall St. target price||$148.82|
|Dividend yield||$3.57 (2.53%)|
|Earnings per share (TTM)||$7.28|
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Note: The dollar amounts in the table below are in Canadian dollars.
The Blackstone Group price performance over time
|1 week (2021-11-29)||-9.16%|
|1 month (2021-11-05)||-5.12%|
|3 months (2021-09-03)||4.84%|
|6 months (2021-06-02)||N/A|
|1 year (2020-12-04)||118.00%|
|2 years (2019-12-06)||150.83%|
|3 years (2018-12-06)||321.34%|
|5 years (2016-12-06)||409.42%|
Is The Blackstone Group under- or over-valued?
Valuing The Blackstone Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Blackstone Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
The Blackstone Group's P/E ratio
The Blackstone Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 73x. In other words, The Blackstone Group shares trade at around 73x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
The Blackstone Group's PEG ratio
The Blackstone Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9413. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into The Blackstone Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
The Blackstone Group financials
|Revenue TTM||$20.2 billion|
|Operating margin TTM||58.5%|
|Gross profit TTM||$5.5 billion|
|Return on assets TTM||35.11%|
|Return on equity TTM||6837.09%|
|Market capitalisation||$162.1 billion|
TTM: trailing 12 months
The Blackstone Group's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like The Blackstone Group.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
The Blackstone Group's total ESG risk score
Total ESG risk: 29.04
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and The Blackstone Group's overall score of 29.04 (as at 01/01/2019) is nothing to write home about – landing it in it in the 57th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like The Blackstone Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
The Blackstone Group's environmental score
Environmental score: 0.2/100
The Blackstone Group's environmental score of 0.2 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that The Blackstone Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
The Blackstone Group's social score
Social score: 12.52/100
The Blackstone Group's social score of 12.52 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that The Blackstone Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
The Blackstone Group's governance score
Governance score: 15.21/100
The Blackstone Group's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that The Blackstone Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
The Blackstone Group's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. The Blackstone Group scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that The Blackstone Group has, for the most part, managed to keep its nose clean.
The Blackstone Group share dividends
Dividend payout ratio: 85.2% of net profits
Recently The Blackstone Group has paid out, on average, around 85.2% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The Blackstone Group shareholders could enjoy a 2.64% return on their shares, in the form of dividend payments. In The Blackstone Group's case, that would currently equate to about $3.57 per share.
The Blackstone Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The Blackstone Group's most recent dividend payout was on 8 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 October 2021 (the "ex-dividend date").
The Blackstone Group share price volatility
Over the last 12 months, The Blackstone Group's shares have ranged in value from as little as $59.0628 up to $149.78. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while The Blackstone Group's is 1.3896. This would suggest that The Blackstone Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
The Blackstone Group overview
The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The fund considers investment in Asia and Latin America.
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