Blackstone Inc
BX
Market Cap$85.99B
Close$
Earnings Call Q4 2023
January 25, 2024 - AI Summary
Blackstone reported strong results for the fourth quarter of 2023, with distributable earnings reaching their highest level in six quarters.
The firm believes that real estate values are bottoming and expects a recovery in the sector as borrowing spreads tighten and new construction starts decline.
Momentum in the private wealth channel is building, with significant inflows and fundraising success for perpetual vehicles like BCRED and BREIT.
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$59.47
50.6% downside
Current Fair Value
50.6% downsideOvervalued by 50.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $85.99 Billion |
|---|---|
| Enterprise Value | $94.33 Billion |
| Dividend Yield | $3.3118 (2.75%) |
| Earnings per Share | $1.84 |
| Beta | 1.68 |
| Outstanding Shares | 714,644,445 |
| Avg 30 Day Volume | 3,163,037 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 61.82 |
|---|---|
| PEG | -84.93 |
| Price to Sales | 10.94 |
| Price to Book Ratio | 13.37 |
| Enterprise Value to Revenue | 11.76 |
| Enterprise Value to EBIT | 27.83 |
| Enterprise Value to Net Income | 67 |
| Total Debt to Enterprise | 0.12 |
| Debt to Equity | 1.66 |
Revenue Sources
No data
ESG Score
No data