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: $390.33
  • 50 Day Moving Average: $361.60
  • 200 Day Moving Average: $359.75
  • 52-Week Range: $280.55 - $392.05
  • Trailing P/E Ratio: 20.51
  • Foreward P/E Ratio: 17.62
  • P/E Growth: 1.84
  • Market Cap: $63.96B
  • Outstanding Shares: 163,858,000
  • Beta: 1.69
Profitability:
  • Net Margins: 28.59%
  • Return on Equity: 11.04%
  • Return on Assets: 1.41%
Debt:
  • 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: 5 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $386.46 (0.99% downside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
Show:
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
1/7/2016Sanford 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 12/8/2014 forward)

Earnings

Earnings History for BlackRock (NYSE:BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/13/2017        
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)

Estimates

Earnings Estimates for BlackRock (NYSE:BLK)
Current Year EPS Consensus Estimate: $19.26 EPS
Next Year EPS Consensus Estimate: $22.15 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$5.31$5.35$5.34
Q1 20171$5.27$5.27$5.27
Q2 20171$5.58$5.58$5.58
Q3 20171$5.81$5.81$5.81
Q4 20171$6.37$6.37$6.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for BlackRock (NYSE:BLK)
Annual Dividend:$9.16
Dividend Yield:2.35%
Dividend Growth:13.30% (3 Year Average)
Payout Ratio:48.16% (Based on Trailing 12 Months of Earnings)
47.56% (Based on Current Year Consensus EPS Estimate)
41.35% (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
11/30/2016quarterly$2.292.43%12/8/201612/12/201612/23/2016
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: 80.70%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline
investopedia.com logoBlackRock Trades Ex-Dividend Thursday - Investopedia (NYSE:BLK)
www.investopedia.com - December 8 at 9:05 PM
nasdaq.com logoBlackRock, Inc. (BLK) Ex-Dividend Date Scheduled for December 08, 2016 - Nasdaq (NYSE:BLK)
www.nasdaq.com - December 8 at 9:05 PM
News IconWith An ROE Of 11%, Has BlackRock Inc's (BLK) Management Done A Good Job? - Simply Wall St (NYSE:BLK)
simplywall.st - December 8 at 9:05 PM
News IconBlackRock is officially moving to Hudson Yards (NYSE:BLK)
nypost.com - December 8 at 4:05 PM
us.rd.yahoo.com logoBlackRock Earns Top Marks in 2017 Corporate Equality Index (NYSE:BLK)
us.rd.yahoo.com - December 8 at 4:05 PM
us.rd.yahoo.com logoBlackRock Trades Ex-Dividend Thursday (NYSE:BLK)
us.rd.yahoo.com - December 8 at 4:05 PM
us.rd.yahoo.com logoA.M. Funds Roundup: Circle Says Bye Bye To Bitcoin; The Last Day For 2 Popular Oil ETFs (NYSE:BLK)
us.rd.yahoo.com - December 8 at 4:05 PM
ft.com logo[$$] Can BlackRock keep the line to Washington open? (NYSE:BLK)
www.ft.com - December 8 at 4:05 PM
feeds.reuters.com logoBlackRock to move to New York's trendy Hudson Yards district (NYSE:BLK)
feeds.reuters.com - December 8 at 11:31 AM
News IconBlackRock Inc. Cuts Position in Pioneer Natural Resources Co. (PXD) (NYSE:BLK)
flapship.com - December 8 at 2:36 AM
News IconBlackRock Signs Preliminary Pact to Move to Manhattan's West Side (NYSE:BLK)
www.advfn.com - December 8 at 2:36 AM
seekingalpha.com logoBlackRock (BLK) presents at Goldman Sachs U.S. Financial service conference (NYSE:BLK)
seekingalpha.com - December 8 at 2:36 AM
wsj.com logoBlackRock Signs Preliminary Pact to Move to Manhattan’s West Side (NYSE:BLK)
www.wsj.com - December 7 at 9:35 PM
wsj.com logo[$$] BlackRock Signs Preliminary Pact to Move to Manhattan's West Side (NYSE:BLK)
www.wsj.com - December 7 at 9:35 PM
feeds.reuters.com logoBlackRock adjusts leadership team for its largest mutual fund (NYSE:BLK)
feeds.reuters.com - December 7 at 5:46 PM
News IconReasons to like emerging markets (NYSE:BLK)
www.blackrockblog.com - December 7 at 4:33 PM
reuters.com logoBlackRock 'less committed' to specific targets, but forecasts growth (NYSE:BLK)
www.reuters.com - December 7 at 4:33 PM
bloomberg.com logoBlackRock's Thiel: Dollar Strength Is a Concern (NYSE:BLK)
www.bloomberg.com - December 7 at 4:33 PM
finance.yahoo.com logoBlackRock's Thiel: ECB Is Not Ready to Taper (NYSE:BLK)
finance.yahoo.com - December 7 at 4:33 PM
finance.yahoo.com logoMarket Implications of Brexit Negotiations (NYSE:BLK)
finance.yahoo.com - December 7 at 4:33 PM
finance.yahoo.com logoBlackRock sees opportunity to grow as rates rise (NYSE:BLK)
finance.yahoo.com - December 7 at 4:33 PM
finance.yahoo.com logoBlackRock "less committed" to specific targets, but forecasts growth (NYSE:BLK)
finance.yahoo.com - December 7 at 4:33 PM
ft.com logo[$$] Quantitative easing should fund infrastructure, says BlackRock (NYSE:BLK)
www.ft.com - December 7 at 2:12 AM
finance.yahoo.com logoBlackRock's Keeley: Mideast Welcoming U.S. Changes (NYSE:BLK)
finance.yahoo.com - December 7 at 2:12 AM
streetinsider.com logoForm 4 BlackRock Inc. For: Dec 02 Filed by: WAGNER SUSAN (NYSE:BLK)
www.streetinsider.com - December 6 at 9:11 PM
businesswire.com logoBlackRock Enhanced Government Fund, Inc. Completes Annual Repurchase Offer (NYSE:BLK)
www.businesswire.com - December 6 at 9:11 PM
News IconBlackRock, Inc. (NYSE:BLK) from Asset Management – Todays Top Gains (NYSE:BLK)
twincountynews.com - December 6 at 9:11 PM
feeds.reuters.com logoRPT-BlackRock's European bond head says will buy Italy debt on election clarity (NYSE:BLK)
feeds.reuters.com - December 6 at 4:35 PM
News IconWal-Mart Stores Inc. (WMT) Stake Increased by BlackRock Fund Advisors (NYSE:BLK)
thecelebritytruth.com - December 6 at 4:08 PM
globenewswire.com logoTRANSPARENCY DECLARATION - PARTICIPATION NOTIFICATION BY BLACKROCK, INC (NYSE:BLK)
globenewswire.com - December 6 at 4:08 PM
ft.com logo[$$] BlackRock threatens tougher action on executive pay (NYSE:BLK)
www.ft.com - December 6 at 4:08 PM
News IconNavigating the Trump dollar rally (NYSE:BLK)
www.blackrockblog.com - December 6 at 12:21 PM
forbes.com logoEx-Dividend Reminder: Blackrock, Brocade Communications Systems and Rogers Communications (NYSE:BLK)
www.forbes.com - December 6 at 12:21 PM
finance.yahoo.com logoMoore: Long U.S. Equities, but Worried About Europe (NYSE:BLK)
finance.yahoo.com - December 6 at 12:21 PM
finance.yahoo.com logoMoore: U.S. Tax Rates Not Onerous Relative to Others (NYSE:BLK)
finance.yahoo.com - December 6 at 12:21 PM
finance.yahoo.com logoMoore: Investors Can Take Advantage of Regime Change (NYSE:BLK)
finance.yahoo.com - December 6 at 12:21 PM
finance.yahoo.com logoBlackRock's European bond head says will buy Italy debt on election clarity (NYSE:BLK)
finance.yahoo.com - December 6 at 12:21 PM
marketwatch.com logoBlackRock hires Buzzfeed executive to lead global marketing (NYSE:BLK)
www.marketwatch.com - December 5 at 4:44 PM
News IconBlackRock Names BuzzFeed Executive as Chief Marketing Officer (NYSE:BLK)
ih.advfn.com - December 5 at 4:44 PM
wsj.com logo[$$] BlackRock Names BuzzFeed Executive as Chief Marketing Officer (NYSE:BLK)
www.wsj.com - December 5 at 4:44 PM
investing.com logo5 Trade Ideas For BlackRock (NYSE:BLK)
www.investing.com - December 5 at 10:34 AM
News IconTop Gainers of the Day: BlackRock, Inc. (NYSE:BLK) from Asset Management (NYSE:BLK)
twincountynews.com - December 3 at 3:46 PM
News IconBlackRock Developer (NYSE:BLK)
www.efinancialcareers.com - December 2 at 9:21 PM
us.rd.yahoo.com logoBuilding on U.S. Economic Growth With Trump's Policies (NYSE:BLK)
us.rd.yahoo.com - December 2 at 9:21 PM
us.rd.yahoo.com logoMarket Took Excess Out of Bonds: BlackRock's Rieder (NYSE:BLK)
us.rd.yahoo.com - December 2 at 9:21 PM
bloomberg.com logoBlackRock’s Currency ETF Struggle Flags Unconquered Niche (NYSE:BLK)
us.rd.yahoo.com - December 2 at 9:21 PM
wsj.com logoTrump Enlists Panel of Corporate Chiefs to Advise on Policy (NYSE:BLK)
us.rd.yahoo.com - December 2 at 9:21 PM
News IconMarket Check: Narrowing in on Shares of BlackRock, Inc. (NYSE:BLK) - The Business Journal (NYSE:BLK)
belmontbusinessjournal.com - December 2 at 4:19 PM
feeds.reuters.com logoBlackRock's Rieder expects Fed to raise rates twice in 2017 (NYSE:BLK)
feeds.reuters.com - December 2 at 11:46 AM
News IconBlackRock, Inc. (NYSE:BLK) Broker Views On Wall Street - NewsDen (NYSE:BLK)
newsden.net - December 2 at 10:14 AM

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BlackRock (NYSE:BLK) Chart for Thursday, December, 8, 2016


Last Updated on 12/8/2016 by MarketBeat.com Staff