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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone212-810-5300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.54 billion
Profitability
Miscellaneous
Employees14,900
Next Earnings Date4/21/2020 (Estimated)
OptionableOptionable
BlackRock (NYSE:BLK) Frequently Asked Questions
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 Tuesday, November 19th. Shareholders of record on Friday, December 6th will be paid a dividend of $3.30 per share on Monday, December 23rd. This represents a $13.20 annualized dividend and a yield of 2.49%. The ex-dividend date is Thursday, December 5th. View BlackRock's Dividend History.
How were BlackRock's earnings last quarter?
BlackRock, Inc. (NYSE:BLK) posted its earnings results on Wednesday, January, 15th. The asset manager reported $8.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $7.69 by $0.65. The asset manager earned $3.98 billion during the quarter, compared to analysts' expectations of $3.81 billion. BlackRock had a net margin of 30.79% and a return on equity of 14.05%. BlackRock's revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.08 earnings per share. View BlackRock's Earnings History.
When is BlackRock's next earnings date?
What price target have analysts set for BLK?
12 equities research analysts have issued 1-year price targets for BlackRock's shares. Their forecasts range from $405.36 to $621.00. On average, they expect BlackRock's stock price to reach $538.45 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for BlackRock.
What is the consensus analysts' recommendation for BlackRock?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.
Has BlackRock been receiving favorable news coverage?
News stories about BLK stock have trended positive on Tuesday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BlackRock earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for BlackRock.
Are investors shorting BlackRock?
BlackRock saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,340,000 shares, a drop of 6.9% from the December 15th total of 1,440,000 shares. Based on an average trading volume of 467,000 shares, the short-interest ratio is currently 2.9 days. Currently, 0.9% of the shares of the company are short sold. View BlackRock's Current Options Chain.
Who are some of BlackRock's key competitors?
Some companies that are related to BlackRock include Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII), Legg Mason (LM) and Main Street Capital (MAIN).
What other stocks do shareholders of BlackRock own?
Who are BlackRock's key executives?
BlackRock's management team includes the folowing people:
- Mr. Laurence Douglas Fink, Chairman & CEO (Age 66)
- Mr. Robert Steven Kapito, Pres & Director (Age 63)
- Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 56)
- Mr. Robert Lawrence Goldstein, Sr. MD, COO & Global Head of BlackRock Solutions (Age 45)
- Mr. J. Richard Kushel, Sr. MD and Head of Multi-Asset Strategies & Global Fixed Income Groups (Age 52)
Who are BlackRock's major shareholders?
BlackRock's stock is owned by many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.18%), DNB Asset Management AS (0.13%), New York State Teachers Retirement System (0.10%), Manning & Napier Group LLC (0.09%), Country Trust Bank (0.06%) and Donaldson Capital Management LLC (0.04%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, Jeff A Smith, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord, Robert L Goldstein, Ryan Stork and William E Ford. View Institutional Ownership Trends for BlackRock.
Which institutional investors are selling BlackRock stock?
BLK stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, DNB Asset Management AS, United Services Automobile Association, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Huntington National Bank, Northern Oak Wealth Management Inc., New York State Teachers Retirement System and CWM LLC. Company insiders that have sold BlackRock company stock in the last year include Gary Shedlin, J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord and Robert L Goldstein. View Insider Buying and Selling for BlackRock.
Which institutional investors are buying BlackRock stock?
BLK stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Johanson Financial Advisors Inc., M&G Investment Management Ltd., Janney Montgomery Scott LLC, Pennsylvania Trust Co, California Public Employees Retirement System, Pensionfund DSM Netherlands and SG Americas Securities LLC. View Insider Buying and Selling for BlackRock.
How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.
What is BlackRock's stock price today?
One share of BLK stock can currently be purchased for approximately $529.97.
How big of a company is BlackRock?
BlackRock has a market capitalization of $81.81 billion and generates $14.54 billion in revenue each year. The asset manager earns $4.48 billion in net income (profit) each year or $28.48 on an earnings per share basis. BlackRock employs 14,900 workers across the globe.View Additional Information About BlackRock.
What is BlackRock's official website?
How can I contact BlackRock?
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]
MarketBeat Community Rating for BlackRock (NYSE BLK)
MarketBeat's community ratings are surveys of what our community members think about BlackRock and other stocks. Vote "Outperform" if you believe BLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
