Blackstone (BX) Expected to Announce Quarterly Earnings on Thursday

Blackstone (NYSE:BX) is anticipated to release its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Blackstone to post earnings of $1.33 per share and revenue of $3.3629 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 9:00 AM ET.

Blackstone (NYSE:BX) last announced its earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.45 billion. During the same quarter last year, the firm earned $1.11 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts expect Blackstone to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Blackstone Trading Up 2.0%

NYSE:BX opened at $127.03 on Thursday. The stock has a market cap of $94.37 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 1.34 and a beta of 1.58. Blackstone has a 52 week low of $101.73 and a 52 week high of $190.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. The company’s 50 day moving average price is $119.73 and its 200-day moving average price is $126.08.

Blackstone Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were paid a $1.16 dividend. The ex-dividend date was Monday, May 4th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.7%. Blackstone’s payout ratio is currently 118.67%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on BX shares. Zacks Research upgraded shares of Blackstone from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. TD Cowen lowered their price objective on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. JPMorgan Chase & Co. lowered their target price on Blackstone from $142.00 to $136.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Sanford C. Bernstein assumed coverage on Blackstone in a research report on Monday, June 8th. They set an “outperform” rating on the stock. Finally, Morgan Stanley reduced their target price on shares of Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.52.

Insider Activity

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of Blackstone stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total value of $28,264,950.00. Following the completion of the transaction, the insider owned 19,374 shares in the company, valued at approximately $73,233.72. The trade was a 99.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ruth Porat acquired 355 shares of the business’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $123.04 per share, for a total transaction of $43,679.20. Following the transaction, the director directly owned 41,818 shares of the company’s stock, valued at approximately $5,145,286.72. The trade was a 0.86% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 10,252,345 shares of company stock worth $209,789,893. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Morgan Stanley boosted its holdings in Blackstone by 2.0% during the 4th quarter. Morgan Stanley now owns 32,862,165 shares of the asset manager’s stock valued at $5,065,374,000 after acquiring an additional 636,613 shares during the period. State Street Corp increased its stake in Blackstone by 1.3% in the third quarter. State Street Corp now owns 31,362,796 shares of the asset manager’s stock worth $5,358,334,000 after purchasing an additional 412,281 shares during the period. Northern Trust Corp boosted its stake in shares of Blackstone by 4.7% during the third quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager’s stock valued at $1,251,474,000 after purchasing an additional 329,379 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Blackstone by 8.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,381,300 shares of the asset manager’s stock worth $675,334,000 after purchasing an additional 323,155 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Blackstone by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,351,951 shares of the asset manager’s stock valued at $670,810,000 after buying an additional 84,334 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

About Blackstone

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.