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: $361.68
  • 50 Day Moving Average: $368.60
  • 200 Day Moving Average: $355.84
  • 52-Week Range: $280.55 - $376.65
  • Trailing P/E Ratio: 19.07
  • Foreward P/E Ratio: 15.99
  • P/E Growth: 1.70
  • Market Cap: $58.86B
  • Outstanding Shares: 164,463,000
  • Beta: 1.45
Profitability:
  • Net Margins: 28.12%
  • Return on Equity: 11.07%
  • Return on Assets: 1.41%
Debt:
  • Debt-to-Equity Ratio: 1.25%
  • Current Ratio: 3.03%
  • Quick Ratio: 3.03%
Additional Links:
Companies Related to BlackRock:

Analyst Ratings

Consensus Ratings for BlackRock (NYSE:BLK) (?)
Ratings Breakdown: 6 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $381.00 (6.65% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
Show:
DateFirmActionRatingPrice TargetDetails
9/9/2016Deutsche Bank AGBoost Price TargetBuy$404.00 -> $414.00View Rating Details
8/24/2016Barclays PLCBoost Price TargetEqual Weight$364.00 -> $375.00View Rating Details
8/8/2016Goldman Sachs Group Inc.DowngradeConviction-Buy -> Buy$390.00 -> $400.00View Rating Details
8/5/2016Jefferies GroupReiterated RatingHoldView Rating Details
7/15/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$390.00 -> $383.00View Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingBuyView Rating Details
7/11/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
6/16/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
6/7/2016Morgan StanleyReiterated RatingBuyView Rating Details
4/17/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
1/21/2016SusquehannaLower Price TargetNeutral$320.00 -> $304.00View Rating Details
1/15/2016ArgusLower Price TargetBuy$400.00 -> $360.00View Rating Details
1/14/2016JPMorgan Chase & Co.Lower Price Target$385.00 -> $371.00View Rating Details
1/8/2016Credit Agricole SAReiterated RatingOutperformView Rating Details
1/7/2016Sanford C. BernsteinLower Price TargetOutperform$430.00 -> $415.00View Rating Details
10/15/2015Piper Jaffray Cos.Reiterated RatingHold$357.00 -> $365.00View Rating Details
9/16/2015GabelliUpgradeHold -> Buy$362.00 -> $362.00View Rating Details
2/10/2015Bank of America Corp.Reiterated RatingBuy$405.00 -> $415.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for BlackRock (NYSE:BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/12/2016        
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)

Estimates

Earnings Estimates for BlackRock (NYSE:BLK)
Current Year EPS Consensus Estimate: $19.21 EPS
Next Year EPS Consensus Estimate: $22.34 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$5.03$5.11$5.07
Q4 20163$5.35$5.43$5.40
Q1 20171$5.25$5.25$5.25
Q2 20171$5.62$5.62$5.62
Q3 20171$5.85$5.85$5.85
Q4 20171$6.33$6.33$6.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for BlackRock (NYSE:BLK)
Annual Dividend:$9.16
Dividend Yield:2.56%
Dividend Growth:13.30% (3 Year Average)
Payout Ratio:48.83% (Based on Trailing 12 Months of Earnings)
47.68% (Based on Current Year Consensus EPS Estimate)
41.00% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for BlackRock (NYSE:BLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2016quarterly$2.292.55%8/31/20169/2/20169/23/2016
5/25/2016quarterly$2.292.52%6/2/20166/6/20166/23/2016
1/15/2016$2.293/3/20163/7/20163/26/2016
1/15/2016quarterly$2.292.97%3/3/20163/7/20163/23/2016
11/17/2015quarterly$2.182.42%12/1/201512/3/201512/23/2015
7/30/2015quarterly$2.182.59%8/31/20159/2/20159/22/2015
5/28/2015quarterly$2.182.38%6/5/20156/9/20156/23/2015
1/15/2015quarterly$2.182.51%3/4/20153/6/20153/24/2015
11/19/2014quarterly$1.932.22%12/1/201412/3/201412/23/2014
7/23/2014quarterly$1.932.43%8/28/20149/2/20149/22/2014
5/29/2014quarterly$1.932.52%6/5/20146/9/20146/23/2014
1/16/2014quarterly$1.932.44%3/5/20143/7/20143/24/2014
11/21/2013quarterly$1.682.21%11/29/201312/3/201312/23/2013
7/25/2013quarterly$1.682.35%8/29/20139/2/20139/23/2013
5/30/2013quarterly$1.682.41%6/5/20136/7/20136/24/2013
1/18/2013quarterly$1.682.87%3/5/20133/7/20133/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 81.58%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline
feeds.reuters.com logoUPDATE 1-BlackRock to offer infrastructure funds via independent advisers (NYSE:BLK)
feeds.reuters.com - September 29 at 4:39 PM
News IconLatest Analyst Ratings For BlackRock, Inc. (NYSE:BLK) - The De Soto Edge (NYSE:BLK)
desotoedge.com - September 29 at 3:24 PM
wsj.com logoEx-BlackRock Fund Manager Mark Lyttleton Charged With Insider Trading - Wall Street Journal (NYSE:BLK)
www.wsj.com - September 29 at 3:24 PM
finance.yahoo.com logoMorning Meeting: Developments in Asian Markets (NYSE:BLK)
finance.yahoo.com - September 29 at 3:24 PM
wsj.com logo[$$] Former BlackRock Manager Charged With Insider Trading (NYSE:BLK)
www.wsj.com - September 29 at 3:24 PM
stocksdaily.net logoBlackRock, Inc. (NYSE:BLK) Held $6231 In Short-Term Investments And Cash - Stocks Daily (NYSE:BLK)
www.stocksdaily.net - September 29 at 8:34 AM
reuters.com logoFormer BlackRock fund manager charged with insider dealing in UK - Reuters (NYSE:BLK)
www.reuters.com - September 29 at 8:34 AM
marketwatch.com logoFinancial News: Former BlackRock fund manager Mark Lyttleton charged with insider trading (NYSE:BLK)
www.marketwatch.com - September 29 at 8:19 AM
News IconBlackRock issues warning on Treasuries (NYSE:BLK)
www.sltrib.com - September 28 at 8:59 AM
News IconBuilding a case for increased infrastructure spending (NYSE:BLK)
www.blackrockblog.com - September 28 at 8:59 AM
News IconTop Gainers of the Day: BlackRock, Inc. (NYSE:BLK) from Asset Management (NYSE:BLK)
twincountynews.com - September 28 at 8:59 AM
finance.yahoo.com logoBank of America Sees China Crisis, BlackRock Only Bumps in Road (NYSE:BLK)
finance.yahoo.com - September 28 at 8:59 AM
marketrealist.com logoBlackRock Expects Its Funds to See Retail Contribution in 3Q16 (NYSE:BLK)
marketrealist.com - September 28 at 8:59 AM
bizjournals.com logoBono, others back Peninsula genetic cancer test startup's $45 million round (NYSE:BLK)
feeds.bizjournals.com - September 27 at 4:27 PM
thecountrycaller.com logoBlackRock, Inc. (BLK) Recommends Short-Term Treasuries, Gold: Here is Why - TCC (NYSE:BLK)
www.thecountrycaller.com - September 27 at 4:07 PM
marketwatch.com logoWhy Warren would bar execs from BlackRock, and not Goldman, from a Clinton administration - MarketWatch (NYSE:BLK)
www.marketwatch.com - September 26 at 4:03 PM
News IconUpcoming Earnings Report: BlackRock, Inc. (NYSE:BLK) - The Voice Registrar (NYSE:BLK)
voiceregistrar.com - September 26 at 4:03 PM
blogs.barrons.com logoBlackRock Gets Cautious on Long-Term Treasuries (NYSE:BLK)
blogs.barrons.com - September 26 at 4:03 PM
News IconBlackRock Grows Cautious About Long-Term Treasury Notes and Bonds (NYSE:BLK)
feedproxy.google.com - September 26 at 12:37 PM
News IconBlackRock, Vanguard Hail Regulatory Shift on Too-Big-to-Fail (NYSE:BLK)
wealthmanagement.com - September 26 at 8:38 AM
fool.com logoBlackRock Equity Dividend Fund: Right for You? (NYSE:BLK)
www.fool.com - September 26 at 6:46 AM
ft.com logo[$$] Asset managers accused of climate change hypocrisy (NYSE:BLK)
www.ft.com - September 25 at 3:36 PM
News IconBlackRock, Inc. (BLK) Earns Buy Rating from Credit Suisse - Daily ... - DailyQuint (NYSE:BLK)
dailyquint.com - September 23 at 3:19 PM
News IconToday's Top Gainers in the Market BlackRock, Inc. (NYSE:BLK) from Financial - The Daily Leicester (NYSE:BLK)
thedailyleicester.com - September 23 at 8:58 AM
finance.yahoo.com logoBlackrock's Rick Rieder comments on Wednesday's fed statement (NYSE:BLK)
finance.yahoo.com - September 23 at 8:58 AM
finance.yahoo.com logoIn Search of Yield: Active Versus Passive Investing (NYSE:BLK)
finance.yahoo.com - September 22 at 4:01 PM
stocksdaily.net logoBlackRock, Inc. (NYSE:BLK) Had $6231 In Cash And Short-Term Investments - Stocks Daily (NYSE:BLK)
www.stocksdaily.net - September 22 at 8:06 AM
seekingalpha.com logoBloomberg: BlackRock considering bid for TerraForm Power (NYSE:BLK)
seekingalpha.com - September 21 at 5:19 PM
News IconBlackRock, Inc. (BLK) Stock Rating Reaffirmed by Morgan Stanley - DailyQuint (NYSE:BLK)
dailyquint.com - September 21 at 3:18 PM
seekingalpha.com logoCiti's Katz mulls next phase of ETFs - Seeking Alpha (NYSE:BLK)
seekingalpha.com - September 21 at 3:18 PM
reuters.com logoPeru, BlackRock in talks on infrastructure financing - Reuters (NYSE:BLK)
www.reuters.com - September 21 at 8:25 AM
publicnow.com logoBLACKROCK EMERGING EUROPE PLC - Net Asset Value(s) (NYSE:BLK)
www.publicnow.com - September 21 at 8:24 AM
investing.com logoPeru, BlackRock in talks on infrastructure financing (NYSE:BLK)
www.investing.com - September 19 at 4:45 PM
News IconHigh Market Cap Stock of the Day – BlackRock, Inc. (NYSE:BLK) (NYSE:BLK)
twincountynews.com - September 19 at 4:45 PM
ft.com logo[$$] More companies put price on their carbon emissions (NYSE:BLK)
www.ft.com - September 19 at 4:45 PM
marketrealist.com logoBerkshire’s Valuations Fell on Expected Performance in 3Q16 (NYSE:BLK)
marketrealist.com - September 19 at 8:38 AM
News IconFiling Analysis: Alerus Investment Advisors Corp Has Trimmed Position in Blackrock INC (BLK) by $5.43 Million - Chester News (NYSE:BLK)
www.chesterindependent.com - September 18 at 8:38 AM
thestreet.com logoBlackRock May Be a Better Bet Than Any of the Funds It Sells (NYSE:BLK)
www.thestreet.com - September 17 at 8:40 AM
finance.yahoo.com logoBlackRock’s Rieder Pushes Case for Inflation Hedge as TIPS Gain (NYSE:BLK)
finance.yahoo.com - September 17 at 8:40 AM
cnbc.com logoAt BlackRock, a Wall Street rock star’s $5 trillion comeback (NYSE:BLK)
www.cnbc.com - September 16 at 4:01 PM
seekingalpha.com logoBehind BlackRock: Aladdin - Seeking Alpha (NYSE:BLK)
seekingalpha.com - September 16 at 3:48 PM
marketwatch.com logoBlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETF (NYSE:BLK)
www.marketwatch.com - September 16 at 12:23 PM
News IconBlackRock, Inc. (NYSE:BLK) from Asset Management – Todays Top Gains - Twin County News (NYSE:BLK)
twincountynews.com - September 15 at 3:40 PM
ft.com logo[$$] BlackRock joins investor lawsuit against Volkswagen (NYSE:BLK)
www.ft.com - September 15 at 3:40 PM
stocksdaily.net logoBlackRock, Inc. (NYSE:BLK) Held $6231 In Cash And Short-Term Investments - Stocks Daily (NYSE:BLK)
www.stocksdaily.net - September 15 at 12:46 PM
News IconA look at a High Market Cap Stock: BlackRock, Inc., BLK – The Daily ... - The Daily Leicester (NYSE:BLK)
thedailyleicester.com - September 15 at 12:46 PM
nasdaq.com logoBlackRock Urges Feds to Better Regulate Robo-Advisors (NYSE:BLK)
www.nasdaq.com - September 14 at 3:52 PM
finance.yahoo.com logoTurnill: Long-Term Rates Picture Still 'Extremely Low' (NYSE:BLK)
finance.yahoo.com - September 14 at 3:52 PM
finance.yahoo.com logoiShares EM ETFs Are Raking In Cash (NYSE:BLK)
finance.yahoo.com - September 14 at 3:52 PM
forbes.com logoWhen A Retirement Fund Isn't 'Safe' (NYSE:BLK)
www.forbes.com - September 14 at 3:52 PM

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BlackRock (NYSE:BLK) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff