BlackRock Company Profile (NYSE:BLK)

About BlackRock (NYSE:BLK)

BlackRock logoBlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset 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. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management & Fund Operators - NEC
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BLK
  • CUSIP: 09247X10
  • Web:
  • Market Cap: $68.12 billion
  • Outstanding Shares: 162,207,000
Average Prices:
  • 50 Day Moving Avg: $428.46
  • 200 Day Moving Avg: $400.82
  • 52 Week Range: $336.84 - $442.83
  • Trailing P/E Ratio: 20.16
  • Foreward P/E Ratio: 16.87
  • P/E Growth: 1.40
Sales & Book Value:
  • Annual Revenue: $11.52 billion
  • Price / Sales: 5.91
  • Book Value: $182.21 per share
  • Price / Book: 2.30
  • Annual Dividend: $10.00
  • Dividend Yield: 2.3%
  • EBIDTA: $5.06 billion
  • Net Margins: 29.92%
  • Return on Equity: 11.74%
  • Return on Assets: 1.53%
  • Debt-to-Equity Ratio: 1.06%
  • Current Ratio: 3.22%
  • Quick Ratio: 3.22%
  • Average Volume: 589,686 shs.
  • Beta: 1.71
  • Short Ratio: 3.18

Frequently Asked Questions for BlackRock (NYSE:BLK)

What is BlackRock's stock symbol?

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

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

BlackRock declared a quarterly dividend on Thursday, July 20th. Stockholders of record on Tuesday, September 5th will be given a dividend of $2.50 per share on Friday, September 22nd. This represents a $10.00 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, August 31st. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

BlackRock declared that its Board of Directors has approved a share 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 believes its shares are undervalued.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings data on Monday, July, 17th. The company reported $5.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.39 by $0.15. The business earned $2.97 billion during the quarter, compared to analysts' expectations of $3.01 billion. BlackRock had a net margin of 29.92% and a return on equity of 11.74%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $4.78 EPS. View BlackRock's Earnings History.

When will BlackRock make its next earnings announcement?

BlackRock is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for BlackRock.

Where is BlackRock's stock going? Where will BlackRock's stock price be in 2017?

12 equities research analysts have issued 1-year price objectives for BlackRock's stock. Their predictions range from $387.00 to $534.00. On average, they anticipate BlackRock's stock price to reach $436.00 in the next twelve months. View Analyst Ratings for BlackRock.

Who are some of BlackRock's key competitors?

Who are BlackRock's key executives?

BlackRock's management team includes the folowing people:

  • Laurence D. Fink, Chairman of the Board, Chief Executive Officer
  • Robert S. Kapito, President, Vice Chairman of the Board
  • Robert L. Goldstein, Chief Operating Officer, Senior Managing Director
  • Christopher J. Meade, General Counsel, Senior Managing Director, Managing Director
  • Robert W. Fairbairn, Senior Managing Director
  • J. Richard Kushel, Senior Managing Director , Global Head of Multi-Asset Strategies
  • Mark Seumas McCombe OBE, Senior Managing Director, Head of the Americas region, and Global Head - Alternative Investors
  • Jeffrey A. Smith Ph.D., Senior Managing Director, Head - Global Human Resources
  • Ryan D. Stork, Senior Managing Director, Chairman, Asia Pacific
  • David J. Blumerw, Senior Managing Director, Head - Europe, Middle East and Africa (“EMEA”) region

Who owns BlackRock stock?

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.22%), Vanguard Group Inc. (5.21%), Capital World Investors (4.38%), BlackRock Inc. (4.16%), State Street Corp (3.27%) and FMR LLC (2.15%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Mark Mccombe, Robert Kapito, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William S Demchak. View Institutional Ownership Trends for BlackRock.

Who sold BlackRock stock? Who is selling BlackRock stock?

BlackRock's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Harris Associates L P, Franklin Resources Inc., State Street Corp, American Century Companies Inc., Epoch Investment Partners Inc., Ameriprise Financial Inc. and Northern Trust Corp. Company insiders that have sold BlackRock stock in the last year include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Mark Mccombe, Robert L Goldstein and Susan Wagner. View Insider Buying and Selling for BlackRock.

Who bought BlackRock stock? Who is buying BlackRock stock?

BlackRock's stock was bought by a variety of institutional investors in the last quarter, including Third Point LLC, Harbour Capital Advisors LLC, Capital World Investors, Vanguard Group Inc., Principal Financial Group Inc., BlackRock Inc., Quantitative Investment Management LLC and Janus Henderson Group PLC. View Insider Buying and Selling for BlackRock.

How do I buy BlackRock stock?

Shares of BlackRock can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock's stock price today?

One share of BlackRock stock can currently be purchased for approximately $419.94.

MarketBeat Community Rating for BlackRock (NYSE BLK)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  502 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  910
MarketBeat's community ratings are surveys of what our community members think about BlackRock and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BlackRock (NYSE:BLK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $436.00 (3.82% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Morgan StanleyReiterated RatingOverweight$460.00 -> $476.00LowView Rating Details
7/18/2017Deutsche Bank AGReiterated RatingBuy$465.00 -> $455.00LowView Rating Details
7/18/2017Credit Suisse GroupReiterated RatingOutperform$534.00LowView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingHold$440.00HighView Rating Details
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$380.00 -> $425.00LowView Rating Details
6/19/2017Bank of America CorporationReiterated RatingBuy$450.00LowView Rating Details
5/17/2017Jefferies Group LLCReiterated RatingHold$387.00LowView Rating Details
3/8/2017J P Morgan Chase & CoReiterated RatingBuyLowView Rating Details
1/25/2017Citigroup Inc.Boost Price TargetBuy$425.00 -> $430.00N/AView Rating Details
1/17/2017Barclays PLCLower Price TargetEqual Weight$411.00 -> $396.00N/AView Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$410.00 -> $403.00N/AView Rating Details
10/21/2016ArgusReiterated RatingBuy$400.00N/AView Rating Details
4/17/2016Royal Bank Of CanadaReiterated RatingBuyN/AView Rating Details
1/21/2016Susquehanna Bancshares IncLower Price TargetNeutral$320.00 -> $304.00N/AView Rating Details
1/7/2016Sanford C. BernsteinLower Price TargetOutperform$430.00 -> $415.00N/AView Rating Details
10/15/2015Piper Jaffray CompaniesReiterated RatingHold$357.00 -> $365.00N/AView Rating Details
9/16/2015GabelliUpgradeHold -> Buy$362.00 -> $362.00N/AView Rating Details
(Data available from 8/17/2015 forward)


Earnings History for BlackRock (NYSE:BLK)
Earnings by Quarter for BlackRock (NYSE:BLK)
Earnings History by Quarter for BlackRock (NYSE BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$5.49N/AView Earnings Details
7/17/2017Q2 2017$5.39$5.24$3.01 billion$2.97 billionViewN/AView Earnings Details
4/19/2017Q1 2017$4.94$5.25$2.86 billion$2.82 billionViewN/AView Earnings Details
1/13/2017Q416$5.02$5.14$2.93 billion$2.89 billionViewN/AView Earnings Details
10/18/2016Q316$4.98$5.14$1.01 billion$2.84 billionViewListenView Earnings Details
7/14/2016Q216$4.79$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$2.84 billion$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$4.68$4.82$2.89 billion$2.78 billionViewListenView Earnings Details
10/15/2014Q314$4.67$5.21$2.84 billion$2.85 billionViewListenView Earnings Details
7/16/2014Q214$4.46$4.89$2.71 billion$2.78 billionViewListenView Earnings Details
4/17/2014Q114$4.10$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)
2017 EPS Consensus Estimate: $21.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$4.93$4.97$4.95
Q2 20173$5.16$5.45$5.32
Q3 20173$5.26$5.71$5.42
Q4 20173$5.50$6.25$5.75
(Data provided by Zacks Investment Research)


Current Dividend Information for BlackRock (NYSE:BLK)
Next Dividend:9/22/2017
Annual Dividend:$10.00
Dividend Yield:2.38%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:47.98% (Trailing 12 Months of Earnings)
45.77% (Based on This Year's Estimates)
40.16% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for BlackRock (NYSE:BLK)

Dividend History by Quarter for BlackRock (NYSE BLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 1.86%
Institutional Ownership Percentage: 80.33%
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Institutional Ownership by Quarter for BlackRock (NYSE:BLK)
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/26/2017Jeff A. SmithInsiderSell250$434.87$108,717.50View SEC Filing  
7/18/2017Jeff A. SmithInsiderSell522$421.52$220,033.44View SEC Filing  
6/2/2017Susan WagnerDirectorSell2,500$414.31$1,035,775.00View SEC Filing  
5/26/2017Mark MccombeInsiderSell500$405.98$202,990.00View SEC Filing  
2/8/2017J. Richard KushelInsiderSell8,573$374.92$3,214,189.16View SEC Filing  
2/3/2017Gary ShedlinCFOSell2,417$375.00$906,375.00View SEC Filing  
2/3/2017Jeff A. SmithInsiderSell5,250$377.00$1,979,250.00View SEC Filing  
2/3/2017Robert L. GoldsteinCOOSell10,374$377.31$3,914,213.94View SEC Filing  
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)


Headline Trends for BlackRock (NYSE:BLK)
Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline logoBlackRock’s largest mutual fund boosts energy holdings - August 17 at 5:58 PM logoA Deep Dive Into the Future of U.S.-China Trade - August 17 at 5:58 PM logoHere's the memo Larry Fink, the head of the world's largest investor, just sent to staff about Trump's council - August 16 at 5:11 PM logoBlackRock's Fink Joins CEOs in Denouncing Virginia Violence - August 15 at 5:27 PM logoThird Point Took Nearly $700 Million Stake in BlackRock in Second Quarter - - August 14 at 4:59 PM logoSnap shares bounce off low; employees free to sell shares - Reuters - August 14 at 4:59 PM logoBubble worry on record ETF inflows - BlackRock, Inc. (NYSE:BLK ... - Seeking Alpha - August 14 at 4:59 PM logoPassive investing just blew past 2016’s record level and it’s only August - August 14 at 4:59 PM logoThird Point Took Nearly $700 Million Stake in BlackRock in Second Quarter - August 14 at 4:59 PM logoVanguard seeks corporate disclosure on risks from climate change - August 14 at 4:59 PM logo[$$] Record ETF inflows fuel price bubble fears - August 13 at 4:03 PM logoBlackRock: The Ever-Growing Investment Giant - Seeking Alpha - August 12 at 4:16 PM logoIHS Markit Score Update: Rise in demand for ETFs holding BlackRock Inc is a positive for its shares - August 12 at 3:04 AM logoThird Point takes 1.6 mln share stake in BlackRock, 4.5 mln in Alibaba - August 11 at 10:02 PM
News IconBillionaire hedge fund manager Dan Loeb is loading up on BlackRock and Alibaba - August 11 at 10:02 PM logoBlackRock early to the smart-beta bond ETF party - August 11 at 5:02 PM logoBlackRock Doesn't Mind Being Early to This Smart Beta Party - August 11 at 5:01 PM logoFocus On The US With This New ETF - August 11 at 5:01 PM logoBlackRock, Inc. breached its 50 day moving average in a Bearish Manner : BLK-US : August 11, 2017 - August 11 at 5:01 PM logoSee what the IHS Markit Score report has to say about BlackRock Inc. - August 10 at 5:47 PM logoIHS Markit Score Update: Drop in demand for ETFs holding BlackRock Inc is a negative sign for its shares - August 10 at 5:46 PM logoBoivin, Auth on Coming Inflation Data and the Fed - August 10 at 5:46 PM logoWould You Like to be a BlackRock 'Man + Machine Investment Analyst'? - Barron's - August 9 at 9:51 PM logoNorth Korea's Impact on Your Investment Portfolio - August 9 at 4:48 PM logoBlackRock's New Large Cap Managers Off To A Rocky Start - August 9 at 4:48 PM logoFee Cuts Make Their Way to ESG ETFs - August 9 at 4:48 PM logoBlackRock, Inc. :BLK-US: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017 - August 9 at 4:48 PM logoWould You Like to be a BlackRock 'Man + Machine Investment Analyst'? - August 9 at 4:48 PM logoBlackRock's big bet on man-and-machine investing - August 8 at 9:25 PM logo3 Top-Ranked BlackRock Mutual Funds to Buy Now - August 8 at 4:23 PM logoBlackRock’s Analyst Ratings: Stable on Broad Market Sluggishness - August 8 at 4:23 PM logoEarnings Growth: How BlackRock Compares to Other Managers - August 8 at 4:23 PM logoBlackRock Makes Steep Fee Cuts to Socially Responsible ETFs - August 8 at 4:23 PM logoRussian Bank Linked to Trump Storm Lures BlackRock, Fidelity - August 7 at 5:09 PM logoBlackRock’s Institutional Deployments Reflect Lower Equity Returns - August 7 at 5:09 PM logoBlackRock Expenses Stable on Marketing and Technology Spending - August 7 at 5:09 PM logoBlackRock Shareholder Payouts Are Consistent amid Decent Growth - August 7 at 5:09 PM logoFund Managers Insist on Higher Inflation - August 7 at 5:09 PM logoRussian Bank at Center of Trump Storm Lures BlackRock, Fidelity - August 7 at 2:07 AM logoBlackRock, Vanguard Say Bond Market's Got This Trade All Wrong - August 6 at 9:06 PM logoBlackRock’s Retail Division Adds Assets - August 4 at 4:55 PM logoBlackRock's Rieder Sees Pull to Treasury Curve's Back End - August 4 at 4:55 PM logoBlackRock’s iShares Keeps Dominating New Flows in the Industry - August 4 at 4:55 PM logo[$$] ETFs Are Taking Flight From NYSE Platform - August 3 at 11:05 PM logoNYSE on track to lose more ETF listings to rivals Bats, Nasdaq - August 3 at 6:03 PM logoGold Holders Stay Loyal to BlackRock iShares As Investors Flee More Expensive ETF - August 3 at 6:02 PM logoMaking Sense of an Increasingly Tight Market for Bonds - August 3 at 6:02 PM logoThere is no reason to cut and run in this market: BlackRock investment chief - August 3 at 10:03 AM logo Brokerages Anticipate BlackRock, Inc. (NYSE:BLK) Will Post Quarterly Sales of $3.10 Billion - August 3 at 7:28 AM logoBlackRock's Ultra Cheap Hedge Fund Doubles Assets in Six Months - August 2 at 5:18 PM



BlackRock (BLK) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by Staff