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Considerations When Rolling Over a 401(k) into a Roth IRA
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Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
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Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NYSE:BLK

BlackRock - BLK Stock Forecast, Price & News

$737.78
+1.46 (+0.20%)
(As of 11/25/2022 08:57 PM ET)
Add
Compare
Today's Range
$727.65
$739.85
50-Day Range
$531.10
$774.75
52-Week Range
$503.12
$934.76
Volume
301,500 shs
Average Volume
856,737 shs
Market Capitalization
$110.81 billion
P/E Ratio
20.33
Dividend Yield
2.65%
Price Target
$703.92

BlackRock MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
4.6% Downside
$703.92 Price Target
Short Interest
Bearish
2.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.63
Upright™ Environmental Score
News Sentiment
0.21mentions of BlackRock in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$44.06 M Sold Last Quarter
Proj. Earnings Growth
0.59%
From $33.88 to $34.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Finance Sector

460th out of 892 stocks

Security Brokers & Dealers Industry

13th out of 24 stocks

BLK stock logo

About BlackRock (NYSE:BLK) Stock

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

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BLK Stock News Headlines

BlackRock (NYSE:BLK) PT Raised to $741.00
Intel names BlackRock co-founder to board of directors
An actual ESG success story?
BlackRock, Inc. (NYSE:BLK) Director Sells $1,002,793.50 in Stock
BlackRock, Inc. (NYSE:BLK) Director Rachel Lord Sells 3,950 Shares
5 Investors Betting Big on Rivian (RIVN) Stock
BlackRock Third Quarter 2022 Earnings: Beats Expectations
See More Headlines
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BLK Company Calendar

Ex-Dividend for 9/22 Dividend
9/06/2022
Dividend Payable
9/22/2022
Last Earnings
10/13/2022
Today
11/27/2022
Ex-Dividend for 12/23 Dividend
12/06/2022
Dividend Payable
12/23/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/13/2023

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
09247X10
Employees
18,400
Year Founded
1988

Price Target and Rating

Average Stock Price Forecast
$703.92
High Stock Price Forecast
$900.00
Low Stock Price Forecast
$481.00
Forecasted Upside/Downside
-4.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$5.90 billion
Pretax Margin
36.20%

Debt

Sales & Book Value

Annual Sales
$19.37 billion
Cash Flow
$42.62 per share
Book Value
$248.27 per share

Miscellaneous

Free Float
148,604,000
Market Cap
$110.81 billion
Optionable
Optionable
Beta
1.29

Social Links


Key Executives

  • Mr. Laurence Douglas Fink (Age 70)
    Chairman & CEO
    Comp: $13.74M
  • Mr. Robert Steven Kapito (Age 66)
    Pres & Director
    Comp: $11.63M
  • Mr. Gary Stephen Shedlin (Age 59)
    Chief Financial Officer
    Comp: $3.92M
  • Mr. Robert Lawrence Goldstein (Age 48)
    Sr. MD, COO & Global Head of BlackRock Solutions
    Comp: $4.51M
  • Mr. J. Richard KushelMr. J. Richard Kushel (Age 55)
    Sr. MD & Head of the Portfolio Management Group
    Comp: $4.61M
  • Dr. Bennett W. Golub Ph.D. (Age 64)
    Co-Founder
  • Mr. Mark McKenna
    Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Mang.
  • Dr. Jeff Shen Ph.D.
    MD, Co-CIO & Co-Head of Systematic Active Equity (SAE)
  • Mr. Antonio DeSpirito III (Age 54)
    MD & Chief Investment Officer of U.S. Fundamental Active Equity
  • Mr. Neeraj Seth
    MD, Chief Investment Officer & Head of Asian credit – Singapore













BLK Stock - Frequently Asked Questions

Should I buy or sell BlackRock stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BLK shares.
View BLK analyst ratings
or view top-rated stocks.

What is BlackRock's stock price forecast for 2023?

13 brokers have issued 12-month price targets for BlackRock's stock. Their BLK share price forecasts range from $481.00 to $900.00. On average, they anticipate the company's share price to reach $703.92 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts price targets for BLK
or view top-rated stocks among Wall Street analysts.

How have BLK shares performed in 2022?

BlackRock's stock was trading at $915.56 on January 1st, 2022. Since then, BLK shares have decreased by 19.4% and is now trading at $737.78.
View the best growth stocks for 2022 here
.

Are investors shorting BlackRock?

BlackRock saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,560,000 shares, an increase of 7.6% from the October 15th total of 3,310,000 shares. Based on an average daily volume of 806,500 shares, the short-interest ratio is currently 4.4 days. Currently, 2.4% of the shares of the stock are short sold.
View BlackRock's Short Interest
.

When is BlackRock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 13th 2023.
View our BLK earnings forecast
.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) issued its quarterly earnings data on Thursday, October, 13th. The asset manager reported $9.55 EPS for the quarter, beating analysts' consensus estimates of $7.73 by $1.82. The asset manager earned $4.31 billion during the quarter, compared to analyst estimates of $4.17 billion. BlackRock had a trailing twelve-month return on equity of 15.07% and a net margin of 29.84%. BlackRock's quarterly revenue was down 14.6% on a year-over-year basis. During the same quarter last year, the firm posted $10.95 EPS.
Read the conference call transcript
.

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

BlackRock declared a quarterly dividend on Thursday, November 10th. Investors of record on Wednesday, December 7th will be paid a dividend of $4.88 per share on Friday, December 23rd. This represents a $19.52 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Tuesday, December 6th.
Read our dividend analysis for BLK
.

Is BlackRock a good dividend stock?

BlackRock (NYSE:BLK) pays an annual dividend of $19.52 per share and currently has a dividend yield of 2.65%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 53.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BLK will have a dividend payout ratio of 57.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BLK.

What is Laurence D. Fink's approval rating as BlackRock's CEO?

1,545 employees have rated BlackRock Chief Executive Officer Laurence D. Fink on Glassdoor.com. Laurence D. Fink has an approval rating of 96% among the company's employees. This puts Laurence D. Fink in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BlackRock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock investors own include CA (CA), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), Micron Technology (MU), NIC (EGOV) and AutoZone (AZO).

What is BlackRock's stock symbol?

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

Who are BlackRock's major shareholders?

BlackRock's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.98%), BlackRock Inc. (6.46%), State Street Corp (4.21%), Massachusetts Financial Services Co. MA (1.23%), Fisher Asset Management LLC (1.14%) and Bank of New York Mellon Corp (0.79%). Insiders that own company stock include Christopher J Meade, Christopher J Meade, Gary Shedlin, J Richard Kushel, Laurence Fink, Manish Mehta, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, Robert Kapito, Robert L Goldstein and William E Ford.
View institutional ownership trends
.

How do I buy shares of BlackRock?

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

What is BlackRock's stock price today?

One share of BLK stock can currently be purchased for approximately $737.78.

How much money does BlackRock make?

BlackRock (NYSE:BLK) has a market capitalization of $110.81 billion and generates $19.37 billion in revenue each year. The asset manager earns $5.90 billion in net income (profit) each year or $36.29 on an earnings per share basis.

How many employees does BlackRock have?

The company employs 18,400 workers across the globe.

Does BlackRock have any subsidiaries?
The following companies are subsidiares of BlackRock: Acero Cooperatief U.A., Acero Holdings I B.V., Amethyst Merger Sub LLC, AnalytX Hosting LLC, AnalytX LLC, AnalytX Software LLC, Aperio, Aperio, Aquila Heywood, Asia-Pacific Private Credit Opportunities Fund I (GenPar) Ltd., BAA Holdings LLC, BFM Holdco LLC, BLK (Gallatin) Holdings LLC, BLK SMI LLC, BR Acquisition Mexico S.A. de C.V., BR Jersey International Holdings L.P., Beijing eFront Software Company Limited, BlackRock (Barbados) Finco 1 SRL, BlackRock (Channel Islands) Limited, BlackRock (Luxembourg) S.A., BlackRock (Netherlands) B.V., BlackRock (Shanghai) Co. Ltd., BlackRock (Singapore) Holdco II Pte. Ltd., BlackRock (Singapore) Holdco Pte. Limited, BlackRock (Singapore) Limited, BlackRock AP Investment Holdco LLC, BlackRock Advisors (UK) Limited, BlackRock Advisors LLC, BlackRock Advisors Singapore Pte. Limited, BlackRock Alternative Advisors GP Holdings LLC, BlackRock Alternatives Management LLC, BlackRock Argentina Asesorias Ltda., BlackRock Asset Management Canada Limited, BlackRock Asset Management Deutschland AG, BlackRock Asset Management International Inc., BlackRock Asset Management Investor Services Limited, BlackRock Asset Management Ireland Limited, BlackRock Asset Management North Asia Limited, BlackRock Asset Management Schweiz AG, BlackRock Asset Management UK Limited, BlackRock Australia Holdco Pty. Ltd., BlackRock Brasil Gestora de Investimentos Ltda., BlackRock Cal 1 Investor LLC, BlackRock Canada Holdings LP, BlackRock Canada Holdings ULC, BlackRock Capital Holdings Inc., BlackRock Capital Investment Advisors LLC, BlackRock Capital Management Inc., BlackRock Cayco Limited, BlackRock Cayman 1 LP, BlackRock Cayman Capital Holdings Limited, BlackRock Cayman Finco 2 Limited, BlackRock Cayman Finco 3 Limited, BlackRock Cayman Finco Limited, BlackRock Cayman West Bay Finco Limited, BlackRock Cayman West Bay IV Limited, BlackRock Cayman Z Limited, BlackRock Channel Islands Holdco Limited, BlackRock Chile Asesorias Limitada, BlackRock Colombia Holdco LLC, BlackRock Colombia Infraestructura S.A.S., BlackRock Colombia SAS, BlackRock Company Secretarial Services (UK) Limited, BlackRock Corporation US Inc., BlackRock Delaware Holdings Inc., BlackRock Enterprise Management Services (Shanghai) Co. Ltd., BlackRock Europe Development Management Limited, BlackRock Execution Services, BlackRock Finance Europe Limited, BlackRock Financial Management Inc., BlackRock Finco LLC, BlackRock Finco UK Ltd., BlackRock First Partner Limited, BlackRock France SAS, BlackRock Fund Advisors, BlackRock Fund Management Company S.A., BlackRock Fund Managers Limited, BlackRock Funding International Ltd., BlackRock Funds Services Group LLC, BlackRock Germany GmBH, BlackRock Group Limited, BlackRock HK Holdco Limited, BlackRock Holdco 2 Inc., BlackRock Holdco 3 LLC, BlackRock Holdco 4 LLC, BlackRock Holdco 5 LLC, BlackRock Holdco 6 LLC, BlackRock Hungary Kft, BlackRock Index Services LLC, BlackRock Infrastructure Management I LLC, BlackRock Institutional Services Inc., BlackRock Institutional Trust Company National Association, BlackRock International Holdings Inc., BlackRock International Limited, BlackRock Investment Management (Australia) Limited, BlackRock Investment Management (Dublin) Limited, BlackRock Investment Management (Korea) Limited, BlackRock Investment Management (Shanghai) Co. Ltd., BlackRock Investment Management (Taiwan) Limited, BlackRock Investment Management (UK) Limited, BlackRock Investment Management Ireland Holdings Limited, BlackRock Investment Management LLC, BlackRock Investments LLC, BlackRock Japan Co. Ltd., BlackRock Japan Holdings GK, BlackRock Jersey Finco 2 Limited, BlackRock Latin America Holdco LLC, BlackRock Latin American Holdings B.V., BlackRock Life Limited, BlackRock Lux Finco S.à r.l., BlackRock Luxembourg Holdco S.à r.l., BlackRock Mexican Holdco B.V., BlackRock Mexico Infraestructura I S. de R.L. de C.V., BlackRock Mexico Infraestructura II S. de R.L. de C.V., BlackRock Mexico Infraestructura III S. de R.L. de C.V., BlackRock Mexico Manager II S. de R.L. de C.V., BlackRock Mexico Manager III S. de R.L. de C.V., BlackRock Mexico Manager S de R.L. de C.V., BlackRock Mexico Operadora S.A. de C.V. Sociedad Operadora de Fondos de Inversion, BlackRock Mortgage Ventures LLC, BlackRock Niagara LLC, BlackRock Operations (Luxembourg) S.à r.l., BlackRock Overseas Investment Fund Management (Shanghai) Co. Ltd., BlackRock PC Holdings LLC, BlackRock Pensions Limited, BlackRock Peru Asesorías S.A., BlackRock Property Consulting (Beijing) Co. Ltd., BlackRock Property France S.a.r.l., BlackRock Property Lux S.à.r.l., BlackRock Property Malaysia Sdn. Bhd., BlackRock Realty Advisors Inc., BlackRock Saudi Arabia, BlackRock Scale Holdings LLC, BlackRock Services India Private Limited, BlackRock Singapore III Pte. Ltd., BlackRock Slovakia s.r.o., BlackRock Strategic Investors GP LLC, BlackRock Strategic Investors LP, BlackRock Trident Holding Company Limited, BlackRock UK (Alpha) Limited, BlackRock UK (Beta) Limited, BlackRock UK (Delta) LP, BlackRock UK (Gamma) Limited, BlackRock UK (Sigma) Limited, BlackRock UK 2 LLP, BlackRock UK 3 LLP, BlackRock UK 4 LLP, BlackRock UK A LLP, BlackRock UK Holdco 2 Limited, BlackRock UK Holdco Limited, Blackhawk Investment Holding LLC, CIE Automotive, Cachematrix Holdings, Cachematrix Holdings LLC, Cachematrix Integrations Private Limited, Cachematrix Software Solutions LLC, Cachematrix UK Limited, FutureAdvisor Inc., Glass Mountain Pipeline, Global Energy & Power Infrastructure Advisors LLC, Global Energy & Power Infrastructure II Advisors LLC, Grosvenor Alternate Partner Limited, Grosvenor Ventures Limited, HLX Financial Holdings LLC, MGPA (Bermuda) Limited, MGPA (Exec) Limited, MGPA Limited, Mercury Carry Company Ltd., Mercury Private Equity MUST 3 (Jersey) Limited, Object Capital Technology Inc., Phoenix Acquisition B.V., Phoenix Acquisitions Holdings LLC, Portfolio Administration & Management Ltd., Prestadora de Servicios Integrales BlackRock Mexico S.A. de C.V., SVOF/MM LLC, St. Albans House Nominees (Jersey) Ltd., State Street Research & Management, Tennenbaum Capital Partners LLC, Tennenbaum Capital Partners LLC, Tlali Acero S.A. de C.V. SOFOM ENR, Trident Merger LLC, eFront, eFront, eFront (Jersey) Limited, eFront DMLT Holdings LLC, eFront DMLT Holdings S.R.L, eFront DR S.R.L, eFront Do Brasil Soluções Informáticas Para Sistemas Financeiros Ltda., eFront FZ-LLC, eFront Financial Solutions Inc., eFront GmbH, eFront Holding II SAS, eFront Holdings SAS, eFront Hong Kong Limited, eFront II SAS, eFront Kabushiki Kaisha, eFront Ltd, eFront SAS, eFront Singapore Pte. Ltd, eFront Software Luxembourg S.à r.l., eFront Solutions Financeières Inc., eFront d.o.o. Beograd, iShares (DE) I Investmentaktiengesellschaft mit Teilgesellschaftsvermogen, and iShares Delaware Trust Sponsor LLC.
Read More
How can I contact BlackRock?

BlackRock's mailing address is 55 EAST 52ND STREET, NEW YORK NY, 10055. The official website for the company is www.blackrock.com. The asset manager can be reached via phone at (212) 810-5300, via email at invrel@blackrock.com, or via fax at 212-754-8777.

This page (NYSE:BLK) was last updated on 11/28/2022 by MarketBeat.com Staff