Blackstone Inc. (BX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this investment manager have returned -5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Financial - Miscellaneous Services industry, to which Blackstone Inc. belongs, has lost 0.3% over this period. Now the key question is: Where could the stock be head ...

Blackstone Mortgage Trust (NYSE: BMXT) stock has one of the highest dividends yields in Wall Street. It has a dividend yield of 13.6%, higher than the S&P 500 return of 1.35%, and the iShares Core High Dividend ETF (HDV), which yields about 3.5%.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What is Blackstone Mortgage Trust?Copy link to sectionBlackstone Mortgage Trust is a leading Real Estate Investment Trust (REIT) that has a portfolio of over $21 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33551 Blackstone Inc. (Exact name of registrant as specified in its charter) Delaware 20-8875684 (State or ot ...

deepblue4you An ongoing debate in the world of real estate is whether to invest in public or private real estate. We have written on this topic before, but it is time for an updated thesis because of the sharp contrast in opportunity between the modes of investment. Specifically, one is about 20% cheaper than the other right now. We shall begin by looking at the mechanical differences in function between the investment vehicles, and follow by looking at where each stands today. Definition of public vers ...

Financial Data and Key Metrics Changes - The company reported GAAP net income of $1.6 billion for Q1 2024, with distributable earnings of $1.3 billion or $0.98 per common share, and declared a dividend of $0.83 [5][6] - Fee related earnings increased 12% year-over-year to $1.2 billion, the highest level in six quarters, driven by double-digit growth in fee revenues [18][19] - Distributable earnings remained stable year-over-year at $1.3 billion, with net realizations reported at $293 million [19][20] Business Line Data and Key Metrics Changes - The Private Wealth channel saw inflows of $34 billion in Q1 and $87 billion over the past two quarters, with sales for perpetual life vehicles increasing over 80% from the previous quarter to $6.6 billion [6][7] - The infrastructure segment led appreciation with a 4.8% increase in Q1 and 19% over the last 12 months, driven by strong performance in digital, transportation, and energy infrastructure [20][21] - The corporate private equity funds appreciated 3.4% in Q1 and 13% for the last twelve months, while the BXMA platform reported a 4.6% gross return for the quarter [20][22] Market Data and Key Metrics Changes - The company noted a strengthening transaction environment, with borrowing spreads tightening significantly and increased availability of debt capital [12][13] - The firm raised $7.6 billion for its new flagship vehicle in Europe as of quarter end, indicating strong market demand [13] - The company highlighted a significant decline in new starts in logistics and multifamily sectors, which may lay the groundwork for future investment opportunities [31] Company Strategy and Development Direction - The company is focused on long-term investment performance, with a thematic approach to deployment in sectors like digital infrastructure, logistics, and energy transition [8][9] - The firm aims to leverage its knowledge advantage in identifying trends early, particularly in high-conviction areas such as AI and digital infrastructure [9][10] - The company plans to activate several drawdown funds throughout the year, which will generate management fees and performance revenues [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of the economy, despite geopolitical uncertainties and inflation trends, and noted that the firm is well-positioned with nearly $200 billion in dry powder [10][11] - The outlook for 2024 remains complex, with expectations of continued investment opportunities in compelling sectors, particularly in private credit and infrastructure [10][23] - Management emphasized the importance of delivering strong performance to attract and retain investors, particularly in the private wealth channel [16][34] Other Important Information - The company has established a significant first mover advantage in the Private Wealth sector, with a leading market share in major products [7][8] - The firm reported a substantial pipeline of future development in data centers, with $50 billion in prospective projects [9] - The company has a robust balance sheet with minimal net debt, allowing for flexibility in capital deployment [11][19] Q&A Session Summary Question: Update on infrastructure platform growth - Management highlighted the infrastructure platform's growth to $44 billion AUM, emphasizing strong performance and potential for geographic expansion [25][26] Question: Real estate investment cycle and capital deployment - Management noted that the market has stabilized, with reduced costs of capital and significant dry powder available for opportunistic investments in real estate [29][30] Question: Vision for BXPE product and its growth potential - Management expressed confidence in BXPE's potential for significant growth, leveraging Blackstone's scale and diverse investment strategies [33][34] Question: Outlook for margins and performance - Management reiterated stability in margins and the potential for long-term operating leverage, while acknowledging variability in performance revenues [35][48] Question: Impact of rising interest rates on investment activity - Management indicated that higher rates may extend the investment window but could also create opportunities for attractive capital deployment [39][41]

For the quarter ended March 2024, Blackstone Inc. (BX) reported revenue of $2.55 billion, up 2.6% over the same period last year. EPS came in at $0.98, compared to $0.97 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.51 billion, representing a surprise of +1.73%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.98.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

Blackstone’s (BX) first-quarter 2024 distributable earnings of 98 cents per share were in line with the Zacks Consensus Estimate. The figure reflects a rise of 1% from the prior-year quarter.Results have benefited from a rise in segment revenues and improvement in the assets under management (AUM) balance. However, higher GAAP expenses have hurt the results to some extent.Net income attributable to Blackstone was $847.4 million compared with $85.8 million in the year-ago quarter.Segment Revenues Improve, GA ...

Blackstone Inc. (BX) came out with quarterly earnings of $0.98 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this investment manager would post earnings of $0.95 per share when it actually produced earnings of $1.11, delivering a surprise of 16.84%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Blackstone Inc., which ...

Exhibit 99.1 Blackstone Reports First Quarter 2024 Results New York, April 18, 2024: Blackstone (NYSE:BX) today reported its first quarter 2024 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, "Blackstone reported strong first-quarter results, highlighted by accelerating momentum in our private credit and private wealth businesses. We are seeing a strengthening transaction environment and attractive opportunities to deploy capital. We are well positioned to navigate today's dynami ...

Blackstone (BX) is scheduled to report first-quarter 2024 results on Apr 18, before the opening bell. Its revenues and earnings are likely to have improved in the to-be-reported quarter on a year-over-year basis.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate. Results benefited from a rise in segment revenues and improvement in assets under management (AUM) balance. Further, GAAP expenses declined during the quarter.Blackstone has a decent earnings surprise history. It ...