BlackRock Company Profile (NYSE:BLK)

About BlackRock

BlackRock logoBlackRock, Inc. is an investment management company. The Company provides a range of investment and risk management services to institutional and retail clients across the world. Its offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. The Company offers its BlackRock Solutions (BRS) investment and risk management technology platform, Aladdin; risk analytics, and advisory services and solutions to institutional investors. BRS also offers risk reporting capabilities via the Green Package and risk management advisory services; interactive fixed income analytics through its Web-based calculator, AnSer; outsourcing services, and investment accounting.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: BLK
  • CUSIP: 09247X10
Key Metrics:
  • Previous Close: $390.61
  • 50 Day Moving Average: $381.32
  • 200 Day Moving Average: $371.12
  • 52-Week Range: $311.09 - $399.46
  • Trailing P/E Ratio: 20.44
  • Foreward P/E Ratio: 16.05
  • P/E Growth: 1.58
  • Market Cap: $63.48B
  • Outstanding Shares: 163,121,000
  • Beta: 1.72
  • Net Margins: 28.44%
  • Return on Equity: 11.20%
  • Return on Assets: 1.44%
  • Debt-to-Equity Ratio: 1.21%
  • Current Ratio: 2.90%
  • Quick Ratio: 2.90%
Additional Links:
Companies Related to BlackRock:

Analyst Ratings

Consensus Ratings for BlackRock (NYSE:BLK) (?)
Ratings Breakdown: 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $404.50 (3.94% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetDetails
2/9/2017Credit Suisse GroupReiterated RatingBuy$464.00View Rating Details
1/25/2017Citigroup Inc.Boost Price TargetBuy$425.00 -> $430.00View Rating Details
1/17/2017Barclays PLCLower Price TargetEqual Weight$411.00 -> $396.00View Rating Details
1/11/2017Jefferies Group LLCReiterated RatingHold$383.00View Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$410.00 -> $403.00View Rating Details
12/17/2016Morgan StanleyReiterated RatingMarket PerformView Rating Details
10/21/2016Wells Fargo & CoReiterated RatingMarket PerformView Rating Details
10/21/2016ArgusReiterated RatingBuy$400.00View Rating Details
10/19/2016Deutsche Bank AGReiterated RatingBuy$415.00 -> $416.00View Rating Details
10/14/2016Keefe, Bruyette & WoodsSet Price TargetHold$393.00View Rating Details
4/17/2016Royal Bank of CanadaReiterated RatingBuyView Rating Details
1/21/2016Susquehanna Bancshares IncLower Price TargetNeutral$320.00 -> $304.00View Rating Details
1/14/2016J P Morgan Chase & CoLower Price Target$385.00 -> $371.00View Rating Details
1/7/2016Sanford C. BernsteinLower Price TargetOutperform$430.00 -> $415.00View Rating Details
10/15/2015Piper Jaffray CompaniesReiterated RatingHold$357.00 -> $365.00View Rating Details
9/16/2015GabelliUpgradeHold -> Buy$362.00 -> $362.00View Rating Details
(Data available from 2/25/2015 forward)


Earnings History for BlackRock (NYSE:BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/13/2017Q416$5.02$5.14$2.93 billion$2.89 billionViewN/AView Earnings Details
10/18/2016Q316$4.98$5.14$1.01 billion$2.84 billionViewListenView Earnings Details
7/14/2016Q216$4.82$4.78$2.81 billion$2.80 billionViewListenView Earnings Details
4/14/2016Q116$4.29$4.25$2.73 billion$2.62 billionViewListenView Earnings Details
1/15/2016Q415$4.80$4.75$2.86 billionViewListenView Earnings Details
10/14/2015Q315$4.51$5.00$2.82 billion$2.91 billionViewListenView Earnings Details
7/15/2015Q215$4.80$4.96$2.85 billion$2.91 billionViewListenView Earnings Details
4/16/2015Q115$4.51$4.89$2.81 billion$2.72 billionViewListenView Earnings Details
1/15/2015Q4$4.70$4.82$2.89 billion$2.78 billionViewListenView Earnings Details
10/15/2014Q314$4.72$5.21$2.84 billion$2.85 billionViewListenView Earnings Details
7/16/2014Q214$4.43$4.89$2.71 billion$2.78 billionViewListenView Earnings Details
4/17/2014Q114$4.15$4.43$2.67 billion$2.67 billionViewListenView Earnings Details
1/16/2014Q413$4.34$4.92$2.69 billion$2.78 billionViewListenView Earnings Details
10/16/2013Q313$3.84$3.88$2.47 billion$2.47 billionViewListenView Earnings Details
7/18/2013Q2 2013$3.87$4.15$2.51 billion$2.48 billionViewListenView Earnings Details
4/16/2013Q1 2013$3.50$3.65$2.42 billion$2.45 billionViewListenView Earnings Details
1/17/2013Q4 2012$3.73$3.96$2.48 billion$2.54 billionViewListenView Earnings Details
10/17/2012$3.29$3.47ViewN/AView Earnings Details
7/18/2012$3.03$3.10ViewN/AView Earnings Details
4/18/2012$3.02$3.16ViewN/AView Earnings Details
1/19/2012$3.02$3.06ViewN/AView Earnings Details
10/19/2011$2.70$2.83ViewN/AView Earnings Details
7/20/2011$2.89$3.00ViewN/AView Earnings Details
4/21/2011$2.77$2.96ViewN/AView Earnings Details
1/25/2011$2.91$3.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for BlackRock (NYSE:BLK)
Current Year EPS Consensus Estimate: $21.36 EPS
Next Year EPS Consensus Estimate: $24.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$4.23$4.27$4.25
Q2 20163$4.74$4.86$4.78
Q3 20163$5.01$5.10$5.05
Q4 20164$5.03$5.35$5.14
Q1 20172$4.93$5.11$5.02
Q2 20172$5.16$5.47$5.32
Q3 20172$5.30$5.71$5.51
Q4 20172$5.51$6.24$5.88
(Data provided by Zacks Investment Research)


Current Dividend Information for BlackRock (NYSE:BLK)
Annual Dividend:$9.16
Dividend Yield:2.35%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:48.11% (Based on Trailing 12 Months of Earnings)
42.88% (Based on Current Year Consensus EPS Estimate)
37.79% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

Dividend History for BlackRock (NYSE:BLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 80.82%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2017J. Richard KushelInsiderSell8,573$374.92$3,214,189.16View SEC Filing  
2/3/2017Gary ShedlinCFOSell2,417$375.00$906,375.00View SEC Filing  
2/3/2017Jeff A. SmithInsiderSell5,250$377.00$1,979,250.00View SEC Filing  
2/3/2017Robert L. GoldsteinCOOSell10,374$377.31$3,914,213.94View SEC Filing  
10/27/2016William S DemchakDirectorBuy1,200$341.11$409,332.00View SEC Filing  
10/19/2016Jeff A. SmithInsiderSell125$355.22$44,402.50View SEC Filing  
8/30/2016Mark MccombeDirectorSell1,400$374.92$524,888.00View SEC Filing  
8/29/2016James GrosfeldDirectorSell25,379$374.22$9,497,329.38View SEC Filing  
8/23/2016James GrosfeldDirectorSell25,710$372.97$9,589,058.70View SEC Filing  
8/22/2016James GrosfeldDirectorSell10,911$371.98$4,058,673.78View SEC Filing  
8/3/2016Susan WagnerDirectorSell25,000$368.29$9,207,250.00View SEC Filing  
8/1/2016Ryan StorkInsiderSell1,400$367.24$514,136.00View SEC Filing  
7/29/2016Susan WagnerDirectorSell79,346$366.35$29,068,407.10View SEC Filing  
7/15/2016J. Richard KushelDirectorSell8,000$356.55$2,852,400.00View SEC Filing  
6/1/2016Susan WagnerDirectorSell8,665$365.39$3,166,104.35View SEC Filing  
5/31/2016J. Richard KushelDirectorSell6,039$363.02$2,192,277.78View SEC Filing  
5/9/2016Robert W FairbairnDirectorSell2,000$355.28$710,560.00View SEC Filing  
4/15/2016Jeff A SmithDirectorSell2,650$354.25$938,762.50View SEC Filing  
3/1/2016Laurence FinkCEOSell37,600$321.79$12,099,304.00View SEC Filing  
2/19/2016Robert L. GoldsteinCOOSell10,783$314.85$3,395,027.55View SEC Filing  
2/18/2016Ryan StorkDirectorSell3,000$318.36$955,080.00View SEC Filing  
2/12/2016Robert W. FairbairnDirectorSell5,000$306.21$1,531,050.00View SEC Filing  
11/5/2015Laurence FinkCEOSell42,800$357.56$15,303,568.00View SEC Filing  
10/26/2015Robert KapitoPresidentSell116,069$336.95$39,109,449.55View SEC Filing  
8/31/2015Robert KapitoPresidentSell50,000$303.49$15,174,500.00View SEC Filing  
7/23/2015Laurence FinkCEOSell102,722$350.44$35,997,897.68View SEC Filing  
1/26/2015Jeff A SmithDirectorSell1,000$355.40$355,400.00View SEC Filing  
8/14/2014Mark MccombeDirectorSell3,500$314.00$1,099,000.00View SEC Filing  
4/21/2014Joseph FelicianiInsiderSell1,716$305.67$524,529.72View SEC Filing  
5/30/2013Laurence FinkCEOSell52,616$285.08$14,999,769.28View SEC Filing  
4/18/2013Thomas K MontagDirectorBuy5,000$248.64$1,243,200.00View SEC Filing  
2/4/2013Dennis D DammermanDirectorSell1,794$234.41$420,531.54View SEC Filing  
11/1/2012James GrosfeldDirectorBuy3,600$189.48$682,128.00View SEC Filing  
10/31/2012James GrosfeldDirectorBuy42,400$189.10$8,017,840.00View SEC Filing  
10/25/2012James GrosfeldDirectorBuy41,900$187.18$7,842,842.00View SEC Filing  
10/24/2012James GrosfeldDirectorBuy108,098$189.01$20,431,602.98View SEC Filing  
10/19/2012James GrosfeldDirectorBuy99,998$189.47$18,946,621.06View SEC Filing  
10/18/2012James GrosfeldDirectorBuy200,002$190.66$38,132,381.32View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline logoWhy BlackRock and Fidelity Are Betting on Brazil - Investopedia (NYSE:BLK) - February 24 at 8:55 PM logoVanguard Cuts ETF Fees as Race-to-Zero With BlackRock Heats Up (NYSE:BLK) - February 24 at 8:55 PM logoBlackRock's Koesterich Explains Why He Invests in Gold (NYSE:BLK) - February 24 at 8:55 PM logoWhy the U.S. Equity Market Is Stretched (NYSE:BLK) - February 24 at 8:55 PM logoFull Show: What'd You Miss? (02/24) (NYSE:BLK) - February 24 at 8:55 PM
News IconBlackrock Inc. (NYSE:BLK) is Attracting Smart Money - Small Cap Exclusive (press release) (NYSE:BLK) - February 24 at 3:55 PM logoWhy BlackRock and Fidelity Are Betting on Brazil (NYSE:BLK) - February 24 at 3:55 PM
News IconFinancial giant BlackRock, Thurman Thomas' 3480 Group among newest Start-Up NY companies in Buffalo (NYSE:BLK) - February 24 at 11:31 AM
News IconEmerging market valuations call for pause (NYSE:BLK) - February 24 at 11:31 AM
News IconInvestor Circle: Watching the Numbers on Shares of BlackRock, Inc. (NYSE:BLK) - SKV News (NYSE:BLK) - February 23 at 3:31 PM logoBlackRock's Carney Says Tax Reform Won’t Hurt Munis (NYSE:BLK) - February 23 at 3:31 PM logoLe Pen Aides Met UBS, BlackRock, Barclays to Explain Euro Exit (NYSE:BLK) - February 23 at 3:31 PM
News IconWatching the Technicals on Shares of BlackRock Inc (BLK) - SKV News (NYSE:BLK) - February 23 at 2:04 AM logoBlackRock® Canada Announces Final February Cash Distributions for the iShares® Premium Money Market ETF (NYSE:BLK) - February 22 at 9:03 PM
News IconWhat are Research Firms Saying About BlackRock, Inc. (NYSE:BLK ... - Aiken Advocate (NYSE:BLK) - February 22 at 4:02 PM logoBlackRock : ETFs could be making trading EM stocks cheaper - Greenwich (NYSE:BLK) - February 22 at 12:05 PM logoBlackRock: Don't Shy Away From China's Stock Rally (NYSE:BLK) - February 22 at 12:05 PM logoBlackRock's Moore Sees Markets at Mercy of Tax Reform (NYSE:BLK) - February 22 at 12:05 PM logoBlackRock, Fidelity Bet Big on Brazil's Booming Equities Market (NYSE:BLK) - February 22 at 12:05 PM logoETFs could be making trading EM stocks cheaper - Greenwich (NYSE:BLK) - February 22 at 12:05 PM logoHSBC : Notification of major interest in shares BlackRock Inc (6-page PDF 92KB) (NYSE:BLK) - February 21 at 3:16 PM
News IconGlobal corporate earnings: wind beneath my wings (NYSE:BLK) - February 21 at 3:16 PM logoBlackRock Says Satellite Images Can Help Track Chinese Companies (NYSE:BLK) - February 21 at 9:32 AM
News IconEurope, not just a vacation opportunity (NYSE:BLK) - February 20 at 11:09 AM
News IconThe BlackRock Inc. Buys 895 Shares of LifePoint Health, Inc. (LPNT) (NYSE:BLK) - February 20 at 11:09 AM logoFixed income ETF usage jumps among Asian investors - survey (NYSE:BLK) - February 20 at 11:09 AM
News IconBlackRock buys India bonds lured by carry gains, budget promise (NYSE:BLK) - February 19 at 3:43 PM
News IconBlackRоck’s largеst mutual fund sоurs оn Gооglе (NYSE:BLK) - February 19 at 11:18 AM logo[$$] Amundi CEO denies jobs 'bloodbath' will follow Pioneer deal (NYSE:BLK) - February 19 at 11:18 AM logoBlackRock's largest mutual fund sours on Google (NYSE:BLK) - February 18 at 10:00 AM logoBlackRock's Rosenberg Senses Shift in Fed's Message (NYSE:BLK) - February 18 at 10:00 AM logoBlackRock (BLK) Up 2.7% Since Earnings Report: Can It Continue? - Nasdaq (NYSE:BLK) - February 17 at 6:12 PM logoBlackRock, Inc. (BLK) Stock Is the Best Investment of the Century - (NYSE:BLK) - February 17 at 6:12 PM logoThe Most Attractive Market Picks as Funds Flow Back to Asia (NYSE:BLK) - February 16 at 9:02 PM logoBlackRock: Investors should be nervous; backs buy gold (NYSE:BLK) - February 16 at 4:02 PM logoBlackRock (BLK) Up 2.7% Since Earnings Report: Can It Continue? (NYSE:BLK) - February 16 at 4:02 PM logoBlackRock Backs Gold to Hedge Market Risk (NYSE:BLK) - February 16 at 4:02 PM
News IconBlackRock, Inc. (BLK) Stock Is the Best Investment of the Century (NYSE:BLK) - February 16 at 9:58 AM logoBlackRock : adds to its UK solar investments by snapping up two more projects (NYSE:BLK) - February 16 at 5:42 AM logoChina Bears in Hong Kong Ditch ETF Shorts on Upbeat Economy (NYSE:BLK) - February 16 at 5:42 AM logoBlackRock Says Focus on Facts, Not Tweets, in Emerging Markets (NYSE:BLK) - February 16 at 5:42 AM logoBlackRock strategist: We're more bullish on foreign markets than the U.S. (NYSE:BLK) - February 15 at 10:48 AM logoCan BlackRock's Larry Fink Make Snap's Voting Rights Reappear? (NYSE:BLK) - February 14 at 9:32 PM logoManager of $22 billion BlackRock stock fund to exit this year: memo (NYSE:BLK) - February 14 at 9:32 PM logoBlackRock May Be Late to Argentina Party With New ETF Launch (NYSE:BLK) - February 14 at 9:32 PM logoConfused by the Reflation Debate? You've Got Company at BlackRock (NYSE:BLK) - February 14 at 9:32 PM logoManager of $22 bln BlackRock stock fund to exit this year -memo (NYSE:BLK) - February 14 at 9:32 PM logoBlackRock: March Interest Rate Hike Looks Likely (NYSE:BLK) - February 14 at 4:30 PM logoThese 3 Stocks Just Raised Their Dividends (NYSE:BLK) - February 14 at 4:30 PM logoBlackRock's Hayes Says Trump Unlikely to End Muni-Bond Tax Break (NYSE:BLK) - February 14 at 4:30 PM


What is BlackRock's stock symbol?

BlackRock trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLK."

How often does BlackRock pay dividends? What is the dividend yield for BlackRock?

BlackRock declared a quarterly dividend on Friday, January 13th. Stockholders of record on Monday, March 6th will be paid a dividend of $2.50 per share on Thursday, March 23rd. This represents a $10.00 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Thursday, March 2nd. This is a positive change from BlackRock's previous quarterly dividend of $2.29.

Where is BlackRock's stock going? Where will BlackRock's stock price be in 2017?

11 equities research analysts have issued 12 month price objectives for BlackRock's stock. Their forecasts range from $368.00 to $464.00. On average, they expect BlackRock's stock price to reach $404.50 in the next twelve months.

When will BlackRock announce their earnings?

BlackRock is scheduled to release their next quarterly earnings announcement on Wednesday, April, 12th 2017.

What are analysts saying about BlackRock stock?

Here are some recent quotes from research analysts about BlackRock stock:

  • According to Zacks Investment Research, "BlackRock’s third-quarter 2016 earnings surpassed the Zacks Consensus Estimate, primarily due to a decline in total expenses. However, lower revenues acted as a headwind. Further, increased dependence on overseas revenue and regulatory restrictions can negatively affect the company’s financials. In addition, increase in regulatory compliance costs, compensation costs as well as higher marketing costs are expected to keep expenses high, going forward. Nonetheless, the company has expanded largely via acquisitions, with most of its AUM growth attributable to the same. Moreover, the company remains well positioned to capitalize on opportunistic acquisitions, driven by its strong liquidity position. Also, its initiatives to gain market share in the ETF business are expected to drive revenue growth, going forward." (10/19/2016)

  • Citigroup Inc. analysts commented, "technology, globality, scale, and solutions orientation position the firm well ahead of peers in the increasingly elusive search for growth." The analyst views the recent weakness in stock as perfect entry point.BlackRock's management reiterated their 5 percent long-term organic growth. Katz expects growth to be primarily driven by iShares and Global Retail.Related Link: Right After MSCI Snub, A New A-Shares ETF DebutsOne of BlackRock's main focus is technology as it is focused on "increased distribution offerings from new FutureAdvisor acquisition" (6/16/2016)

  • Credit Suisse Group analysts commented, "Wednesday, June 15. We expect the six hour event to highlight the firm’s deep bench of talented senior executives, and also help us better understand where the firm is investing to prepare for the rapidly changing landscape." (6/10/2016)

Who owns BlackRock stock?

BlackRock's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.27%), FMR LLC (2.31%), Franklin Resources Inc. (0.56%), Federated Investors Inc. PA (0.26%), Edge Asset Management Inc. (0.23%) and RidgeWorth Capital Management LLC (0.22%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Mark Mccombe, Robert Kapito, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William S Demchak.

Who sold BlackRock stock? Who is selling BlackRock stock?

BlackRock's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Franklin Resources Inc., Silvercrest Asset Management Group LLC, Federated Investors Inc. PA, Prudential PLC, AMF Pensionsforsakring AB, New York State Teachers Retirement System and Aberdeen Asset Management PLC UK. Company insiders that have sold BlackRock stock in the last year include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork and Susan Wagner.

Who bought BlackRock stock? Who is buying BlackRock stock?

BlackRock's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Russell Investments Group Ltd., Asset Management One Co. Ltd., RidgeWorth Capital Management LLC, Renaissance Technologies LLC, Empire Life Investments Inc., Alyeska Investment Group L.P. and GFI Investment Counsel Ltd..

How do I buy BlackRock stock?

Shares of BlackRock can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of BlackRock stock cost?

One share of BlackRock stock can currently be purchased for approximately $389.16.

BlackRock (NYSE:BLK) Chart for Saturday, February, 25, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

Earnings History Chart

Earnings by Quarter for BlackRock (NYSE:BLK)

Dividend History Chart

Dividend Payments by Quarter for BlackRock (NYSE:BLK)

Last Updated on 2/25/2017 by Staff