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: $341.54
  • 50 Day Moving Average: $359.61
  • 200 Day Moving Average: $357.99
  • 52-Week Range: $280.55 - $376.65
  • Trailing P/E Ratio: 17.86
  • Foreward P/E Ratio: 15.35
  • P/E Growth: 1.69
  • Market Cap: $55.72B
  • Outstanding Shares: 163,858,000
  • Beta: 1.46
  • Net Margins: 28.59%
  • Return on Equity: 11.07%
  • Return on Assets: 1.42%
  • 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: 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $386.46 (13.15% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetDetails
10/21/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
10/21/2016Wells Fargo & Co.Reiterated 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
10/13/2016Barclays PLCBoost Price TargetEqual Weight$375.00 -> $378.00View Rating Details
10/11/2016Jefferies GroupBoost Price TargetHold$357.00 -> $367.00View Rating Details
8/8/2016Goldman Sachs Group Inc.DowngradeConviction-Buy -> Buy$390.00 -> $400.00View Rating Details
7/12/2016Credit Suisse Group AGReiterated 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
1/14/2016JPMorgan 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 10/26/2014 forward)


Earnings History for BlackRock (NYSE:BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $19.24 EPS
Next Year EPS Consensus Estimate: $22.25 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 20163$5.35$5.50$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)


Current Dividend Information for BlackRock (NYSE:BLK)
Annual Dividend:$9.16
Dividend Yield:2.68%
Dividend Growth:13.30% (3 Year Average)
Payout Ratio:48.16% (Based on Trailing 12 Months of Earnings)
47.61% (Based on Current Year Consensus EPS Estimate)
41.17% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 81.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 logoBlackRock's Richardson: Market Is Sitting on Sidelines (NYSE:BLK) - October 25 at 9:07 PM
News IconNewsmaking Penny Stock: Investors Checking Out BlackRock, Inc. (NYSE:BLK) - Duncan Research (NYSE:BLK) - October 25 at 3:53 PM logoStrong Inflows , Cost Focus Helps BlackRock's Results, But Industry Headwinds To Hurt Profits (NYSE:BLK) - October 25 at 9:19 AM logo[$$] Meet the New Corporate Power Brokers: Passive Investors (NYSE:BLK) - October 25 at 8:47 AM logoMoore: Companies Must Invest to Sustain Growth Cycle (NYSE:BLK) - October 25 at 8:47 AM logoMoore: Election Fallout a Market Challenge Going Forward (NYSE:BLK) - October 25 at 8:47 AM logoMoore: Content a Trend of Haves and Have-Nots (NYSE:BLK) - October 25 at 8:47 AM logoMoore: Nimble, Different Companies Capture Growth (NYSE:BLK) - October 25 at 8:47 AM
News IconIs BlackRock, Inc.(NYSE: BLK), a large market cap stock a smart buy ... - The Daily Leicester (NYSE:BLK) - October 24 at 8:48 AM logoBlackRock, Inc. (NYSE:BLK) Is Expected To Post EPS Of $5.91 - (NYSE:BLK) - October 22 at 3:48 PM logoCash Cushion: A $50T Safety Net Awaits Buying Opportunity (NYSE:BLK) - October 22 at 8:08 AM logo[$$] How to Win as Passive Investing Goes Massive (NYSE:BLK) - October 22 at 8:08 AM
News IconBlackRock, Inc. (NYSE:BLK) from Asset Management – Todays Top Gains (NYSE:BLK) - October 21 at 12:07 PM logoBlackRock says its ETF business crosses $100 bln sales mark (NYSE:BLK) - October 20 at 8:44 PM logoBlackRock says its ETF business crosses $100 billion sales mark (NYSE:BLK) - October 20 at 8:44 PM
News IconBlackRock, Inc. (NYSE:BLK) – Top Stock from Financial Sector - The Daily Leicester (NYSE:BLK) - October 20 at 3:23 PM
News IconSEC Filing: Blackrock INC (BLK) Market Value Were Volatile While Putnam Fl Investment Management Co Has Raised ... - Chester News (NYSE:BLK) - October 20 at 3:23 PM logoFirst BlackRock Then Schwab: ETF Price War Intensifies (NYSE:BLK) - October 20 at 3:23 PM logoHere Are 2 Unfortunate Revelations in BlackRock's Earnings Report (NYSE:BLK) - October 20 at 3:23 PM logoQuarterly Accrued Expenses For BlackRock, Inc. (NYSE:BLK) At ... - Stocks Daily (NYSE:BLK) - October 20 at 9:45 AM
News IconToday's Top Gainers in the Market BlackRock, Inc. (NYSE:BLK) from Financial - The Daily Leicester (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock Still Growing Despite Difficult Landscape (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock Garners More than $5 Trillion in AUM, Beating Estimates (NYSE:BLK) - October 20 at 9:45 AM logoiShares® iBonds® Dec 2016 Term Corporate ETF Nears Final Distribution Date (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock’s iShares Regains Number One Spot on New Assets in 3Q16 (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock Boosts India Bond Holdings on Carry, Rate-Cut Room (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock Japan CIO - More structural reforms needed to upgrade Japan stocks (NYSE:BLK) - October 20 at 9:45 AM logoKrautzberger: ECB Has Room to Continue Buying Bonds (NYSE:BLK) - October 20 at 9:45 AM logoEurope CLO Market to Grow for First Time Since Financial Crisis (NYSE:BLK) - October 20 at 9:45 AM logo[$$] Wake-up call needed for bets on US inflation (NYSE:BLK) - October 20 at 9:45 AM logoBlackRock’s Retail Saw Outflows on US and Europe Equities in 3Q16 (NYSE:BLK) - October 20 at 9:45 AM logoBRIEF-SL Green and BlackRock Real Assets form joint venture for Ownership of Manhattan Residential Property (NYSE:BLK) - October 19 at 5:42 PM logoSL Green and BlackRock Real Assets Form Joint Venture for Ownership of Manhattan Residential Property (NYSE:BLK) - October 19 at 4:42 PM
News IconTop Gainers of the Day: BlackRock, Inc. (NYSE:BLK) from Asset Management (NYSE:BLK) - October 19 at 4:42 PM logoBlackRock CEO sees 'hostile' climate as index funds reel in cash (NYSE:BLK) - October 19 at 4:42 PM logoWhy BlackRock Deserves To Trade At A Premium To Peers (NYSE:BLK) - October 19 at 1:41 PM
News IconWhat are Brokerage Firms Saying About BlackRock, Inc. (NYSE:BLK)? - CSZ News (NYSE:BLK) - October 19 at 8:48 AM
News IconHow Analysts See BlackRock Inc (BLK) Perform In Next 12 Months? - Simply Wall St (NYSE:BLK) - October 19 at 8:48 AM logoBlackRock CEO sees 'hostile' climate as index funds reel in cash - Reuters (NYSE:BLK) - October 19 at 8:48 AM logoInvesting Strategies Ahead of the U.S. Election (NYSE:BLK) - October 19 at 8:48 AM logoAre Stock Investors Abandoning Japan? (NYSE:BLK) - October 19 at 8:48 AM logoMarkets React in a ‘Strange Manner’ Post Brexit (NYSE:BLK) - October 19 at 8:48 AM logoThe Market's $50 Trillion Safety Net (NYSE:BLK) - October 19 at 8:48 AM logoBoston firm scolds BlackRock over proxy votes on gay policies (NYSE:BLK) - October 19 at 8:48 AM
News IconAnalysts Taking Aim at BlackRock, Inc. (NYSE:BLK) Ahead of Earnings - CSZ News (NYSE:BLK) - October 18 at 3:52 PM logoBlackrock Inc. Q3 Earnings Advance 1% - Nasdaq (NYSE:BLK) - October 18 at 3:52 PM
News IconNotable SEC Filing: Blackrock INC Cl A (BLK) Holder Peapack Gladstone Financial Corp Has Upped Stake by $52.41 ... - Chester News (NYSE:BLK) - October 18 at 3:52 PM logoEarnings Roundup: Johnson & Johnson, Harley-Davidson Inc, and BlackRock, Inc. - Schaeffers Research (blog) (NYSE:BLK) - October 18 at 3:52 PM logoBlackRock Inc. (BLK), Comerica Incorporated (CMA), and Three Other Stocks Trending on the Back of Earnings Reports - Insider Monkey (blog) (NYSE:BLK) - October 18 at 3:52 PM logoBlackRock, Inc. (NYSE:BLK) Posts Strong Q3 Earnings - TCC (NYSE:BLK) - October 18 at 3:52 PM


BlackRock (NYSE:BLK) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff