Blackstone (BX) to Release Earnings on Thursday

Blackstone (NYSE:BX) is expected to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $2.77 billion for the quarter.

Blackstone (NYSE:BX) last posted its earnings results on Thursday, April 17th. The asset manager reported $1.09 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.13). Blackstone had a return on equity of 19.84% and a net margin of 19.83%. The firm had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter last year, the company posted $0.98 EPS. On average, analysts expect Blackstone to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Blackstone Price Performance

NYSE BX opened at $166.10 on Thursday. Blackstone has a 52 week low of $115.66 and a 52 week high of $200.96. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.67. The stock has a market cap of $121.19 billion, a price-to-earnings ratio of 50.03, a price-to-earnings-growth ratio of 1.44 and a beta of 1.65. The company has a 50-day moving average price of $145.35 and a two-hundred day moving average price of $150.72.

Analyst Ratings Changes

Several research analysts have commented on BX shares. Cowen restated a “buy” rating on shares of Blackstone in a research report on Monday, April 21st. Evercore ISI increased their price objective on shares of Blackstone from $152.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Citizens Jmp upgraded shares of Blackstone from a “market perform” rating to an “outperform” rating and set a $165.00 price objective for the company in a report on Tuesday, April 8th. Morgan Stanley decreased their price objective on shares of Blackstone from $222.00 to $150.00 and set an “overweight” rating for the company in a report on Monday, April 14th. Finally, UBS Group decreased their price objective on shares of Blackstone from $180.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $162.18.

Insider Activity at Blackstone

In related news, insider John G. Finley sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $138.47, for a total value of $3,461,750.00. Following the completion of the sale, the insider owned 475,336 shares in the company, valued at approximately $65,819,775.92. This represents a 5.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ruth Porat bought 237 shares of the business’s stock in a transaction on Monday, May 5th. The stock was bought at an average price of $136.33 per share, with a total value of $32,310.21. Following the transaction, the director owned 37,067 shares in the company, valued at approximately $5,053,344.11. This represents a 0.64% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Blackstone

An institutional investor recently raised its position in Blackstone stock. Brighton Jones LLC grew its holdings in shares of Blackstone Inc. (NYSE:BX) by 34.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,917 shares of the asset manager’s stock after purchasing an additional 2,035 shares during the quarter. Brighton Jones LLC’s holdings in Blackstone were worth $1,365,000 as of its most recent filing with the Securities and Exchange Commission. 70.00% of the stock is owned by hedge funds and other institutional investors.

About Blackstone

Blackstone 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.