- Blackstone’s distributable income per share was $1.21, surpassing the estimate of $1.10 and significantly higher than last year’s $0.96.
- Total assets under management grew 13% year-over-year to $1.21 trillion, exceeding the estimate of $1.19 trillion.
- Real estate assets under management decreased by 3.3% to $324.99 billion, but still met the estimated figure of $322.09 billion.
- Private equity assets increased by 18% to $388.91 billion, surpassing the estimate of $379.95 billion.
- Multi-asset investing assets rose by 13% to $90.01 billion, exceeding the expected $89.04 billion.
- Credit and insurance assets saw a significant increase of 23% to $407.30 billion, surpassing the $402.12 billion estimate.
- Total segment revenue was $3.07 billion, a 22% increase year-over-year, outpacing the estimate of $2.83 billion.
- Fee-related earnings rose 31% to $1.46 billion, beating the estimate of $1.34 billion.
- Fee-related earnings per share were $1.19, compared to $0.91 the previous year, topping the estimate of $1.10.
- Inflows totaled $52.08 billion, exceeding the estimated $45.05 billion.
- Total outflows amounted to $10.77 billion.
- Blackstone’s total dry powder was $181.2 billion.
- Realizations reached $23.35 billion.
- Deployment activity was $33.1 billion, above the estimated $28.9 billion.
- Net realizations were $325.9 million, a 5.7% increase year-over-year.
- Blackstone declared a quarterly dividend of $1.03 per share for common stockholders as of close of business on August 4th.
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Blackstone on Smartkarma
Analysts on Smartkarma have been closely monitoring Blackstone’s market movement and investment activities. Brian Freitas, in his report “Select Sector Indices and S&P Equal Weight Rebalance Preview: US$17bn Round-Trip Trade,” highlights that Blackstone is among the key players expected to see significant flows during an upcoming rebalance, along with other major companies like Exxon Mobil and Alphabet. This indicates a potential impact on Blackstone’s stock performance due to the anticipated market activity.
Additionally, the Asia Real Estate Tracker reports shed light on Blackstone’s real estate dealings. In one instance, Bain Capital’s acquisition of worker housing in Singapore from Blackstone for $555M, as detailed in the report “Asia Real Estate Tracker (14-Feb-2025),” showcases Blackstone’s divestment strategy in the real estate sector and Bain Capital’s expansion plans in the region through this transaction. The involvement of Blackstone in such significant deals underscores its influence in the real estate market, attracting attention from both investors and analysts.
A look at Blackstone Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Blackstone Inc., an investment company known for its diverse portfolio in real estate, hedge funds, private equity, and more, has a positive long-term outlook based on Smartkarma’s Smart Scores. With a high Momentum score of 5, Blackstone is showing strong upward trends in performance and investor interest, indicating a promising future. Its Resilience score of 4 further solidifies its stability and ability to weather market uncertainties, making it a reliable choice for long-term investors.
While Blackstone’s Value score is moderate at 2, its Dividend and Growth scores both stand at a respectable 3, highlighting its potential for steady returns and future expansion. Overall, the company’s strong performance in key areas bodes well for its future prospects and reinforces its position as a prominent player in the investment industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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