NYSE:BLK - BlackRock Stock Price, News, Headlines & Rumors

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

BlackRock announced a quarterly dividend on Tuesday, July 17th. Stockholders of record on Friday, September 7th will be paid a dividend of $3.13 per share on Monday, September 24th. This represents a $12.52 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Thursday, September 6th. This is a positive change from BlackRock's previous quarterly dividend of $2.88. View BlackRock's Dividend History.

BlackRock announced that its board has initiated a share repurchase plan on Friday, April 7th 2017, which permits the company to buyback 6,000,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings data on Monday, July, 16th. The asset manager reported $6.66 earnings per share for the quarter, topping the Zacks' consensus estimate of $6.55 by $0.11. The asset manager earned $3.61 billion during the quarter, compared to analyst estimates of $3.58 billion. BlackRock had a net margin of 38.97% and a return on equity of 13.20%. BlackRock's revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $5.24 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for BlackRock.

11 equities research analysts have issued twelve-month price objectives for BlackRock's stock. Their forecasts range from $547.00 to $682.00. On average, they expect BlackRock's stock price to reach $592.4545 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for BlackRock.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

Some companies that are related to BlackRock include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab Co. Common Stock (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Interactive Brokers Group (IBKR), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR) and Wisdom Tree Investments (WETF).

Media headlines about BLK stock have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock earned a daily sentiment score of 0.48 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 48.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for BlackRock.

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (21.37%), BlackRock Inc. (4.75%), FMR LLC (2.36%), Massachusetts Financial Services Co. MA (1.26%), Wells Fargo & Company MN (1.22%) and Morgan Stanley (0.99%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner, William E Ford and William S Demchak. View Institutional Ownership Trends for BlackRock.

BLK stock was sold by a variety of institutional investors in the last quarter, including Third Point LLC, FMR LLC, Epoch Investment Partners Inc., Fred Alger Management Inc., Russell Investments Group Ltd., Advisors Asset Management Inc., Morgan Stanley and Legal & General Group Plc. 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, Robert W Fairbairn, Ryan Stork and Susan Wagner. View Insider Buying and Selling for BlackRock.

BLK stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Altman Advisors Inc., Bessemer Group Inc., BlackRock Inc., Moneta Group Investment Advisors LLC, Public Employees Retirement Association of Colorado, Janus Henderson Group PLC and Renaissance Technologies LLC. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan, William E Ford and William S Demchak. 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 $474.15.

BlackRock has a market capitalization of $76.71 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.

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]