On 2016-07-21, The Blackstone Group L.P. (NYSE:BX) confirmed the dividend disbursement of $0.36 a share to shareholders as on record 2016-08-01. The firm will release dividend on 2016-08-08 while ex-dividend date is reported to be 2016-07-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, The Blackstone Group L.P. (NYSE:BX) paid a total of $0.36 per share in dividends. This figure stood at $0.36 a share in the same period a year ago indicating a deviation of 82.2917%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $32.125 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $38 and $26, respectively.
Taking the mathematical rating formula, the price for The Blackstone Group L.P. (NYSE:BX) stands at 1.86. Earnings Review The Blackstone Group L.P. (NYSE:BX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.6.
Coming to the quarter ending on 2015-12-31, The Blackstone Group L.P. (NYSE:BX) recorded EPS of $0.44. The reported numbers came lower than the analysts’ estimates of $0.4, demonstrating a miss of $0.04 as against reported figures.
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