Are Things Looking Up For Blackstone Inc (NYSE: BX)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the Asset Management industry segment. The current market capitalization of Blackstone Inc is $206.80B. A total of 3.39 million shares were traded on the day, compared to an average of 3.34M shares.

In the most recent transaction, Baratta Joseph sold 116,448 shares of BX for 150.81 per share on Oct 01 ’24. After the transaction, the Director now owns 799,749 company shares. In a previous transaction on Oct 01 ’24, Baratta Joseph bought 116,448 shares at 150.81 per share.

Among the insiders who sold shares, Blackstone Inc. disposed of 30,539,203 shares on Aug 21 ’24 at a per-share price of $16.58. This resulted in the 10% Owner holding 31,805 shares of BX after the transaction. In another insider transaction, Finley John G sold 35,000 shares at $131.74 per share on Aug 07 ’24. Company shares held by the Chief Legal Officer now total 429,386.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Blackstone Inc pays an annual dividend of $1.49, resulting in a dividend yield of 0.87%, and it has a price to earnings (P/E) ratio of 58.71. BX’s most recent ex-dividend date was 10/28/2024 when it declared a $0.86 quarterly dividend that was paid in cash on 11/4/2024. Previously, the company paid the dividend on 8/5/2024 with an ex-dividend date of 7/29/2024. The BX stock dividend was $0.82 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, BX has a high of $175.94 and a low of $87.55.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $5.74, while its Total Shareholder’s Equity was $21.71B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BX is Buy with a score of 3.50.

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