NYSE:BLK - BlackRock Stock Price, News, & Analysis

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

BlackRock declared a quarterly dividend on Tuesday, November 20th. Stockholders of record on Friday, December 7th will be paid a dividend of $3.13 per share on Wednesday, December 26th. This represents a $12.52 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend is Thursday, December 6th. View BlackRock's Dividend History.

BlackRock announced that its Board of Directors has authorized a stock buyback plan on Friday, April 7th 2017, which allows the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

BlackRock, Inc. (NYSE:BLK) posted its earnings results on Tuesday, October, 16th. The asset manager reported $7.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $6.93 by $0.59. The asset manager earned $3.58 billion during the quarter, compared to the consensus estimate of $3.65 billion. BlackRock had a return on equity of 13.72% and a net margin of 39.92%. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company posted $5.76 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Friday, January 11th 2019. View Earnings Estimates for BlackRock.

13 Wall Street analysts have issued 1-year price objectives for BlackRock's shares. Their forecasts range from $440.00 to $682.00. On average, they expect BlackRock's stock price to reach $543.8462 in the next year. This suggests a possible upside of 40.6% from the stock's current price. View Analyst Price Targets for BlackRock.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

Press coverage about BLK stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BlackRock earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

BlackRock saw a increase in short interest in October. As of October 31st, there was short interest totalling 1,809,118 shares, an increase of 82.4% from the October 15th total of 991,897 shares. Based on an average daily trading volume, of 1,371,901 shares, the short-interest ratio is presently 1.3 days. Approximately 1.2% of the company's stock are sold short. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), MarketAxess (MKTX), SEI Investments (SEIC), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC) and Investment Technology Group (ITG).

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.44%), Vanguard Group Inc. (5.64%), Capital World Investors (5.23%), BlackRock Inc. (4.77%), Massachusetts Financial Services Co. MA (1.18%) and Clearbridge Investments LLC (1.12%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William E Ford. View Institutional Ownership Trends for BlackRock.

BLK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Epoch Investment Partners Inc., TD Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp, Massachusetts Financial Services Co. MA, Panagora Asset Management Inc., Bahl & Gaynor Inc. and FIL Ltd. Company insiders that have sold BlackRock company stock in the last year include J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Robert L Goldstein and Ryan Stork. View Insider Buying and Selling for BlackRock.

BLK stock was bought by a variety of institutional investors in the last quarter, including Rehmann Capital Advisory Group, Capital International Investors, Flossbach Von Storch AG, Capital World Investors, Renaissance Technologies LLC, Bessemer Group Inc., American Century Companies Inc. and Canada Pension Plan Investment Board. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan and William E Ford. View Insider Buying and Selling for BlackRock.

Shares of BLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BLK stock can currently be purchased for approximately $386.88.

BlackRock has a market capitalization of $60.82 billion and generates $12.49 billion in revenue each year. The asset manager earns $4.97 billion in net income (profit) each year or $22.60 on an earnings per share basis. BlackRock employs 13,900 workers across the globe.

The official website for BlackRock is http://www.blackrock.com.

BlackRock's mailing address is 55 EAST 52ND STREET, NEW YORK NY, 10055. The asset manager can be reached via phone at 212-810-5300 or via email at [email protected]