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

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$401.10 -0.88 (-0.22 %)
(As of 11/15/2018 11:44 AM ET)
Previous Close$401.98
Today's Range$394.75 - $401.47
52-Week Range$376.31 - $594.52
Volume33,890 shs
Average Volume670,126 shs
Market Capitalization$64.70 billion
P/E Ratio17.80
Dividend Yield0.07%
Beta1.54
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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNYSE:BLK
Previous Symbol
CUSIP09247X10
Phone212-810-5300

Debt

Debt-to-Equity Ratio0.76
Current Ratio3.07
Quick Ratio3.87

Price-To-Earnings

Trailing P/E Ratio17.80
Forward P/E Ratio14.47
P/E Growth1.22

Sales & Book Value

Annual Sales$12.49 billion
Price / Sales5.12
Cash Flow$24.4573 per share
Price / Cash16.40
Book Value$203.47 per share
Price / Book1.97

Profitability

EPS (Most Recent Fiscal Year)$22.60
Net Income$4.97 billion
Net Margins39.92%
Return on Equity13.72%
Return on Assets2.19%

Miscellaneous

Employees14,900
Outstanding Shares159,580,000
Market Cap$64.70 billion
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 announced a quarterly dividend on Tuesday, July 17th. Investors 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 yield of 3.16%. The ex-dividend date is Thursday, September 6th. This is a boost from BlackRock's previous quarterly dividend of $2.88. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

BlackRock declared that its board has initiated a share buyback plan on Friday, April 7th 2017, which authorizes the company to repurchase 6,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) released its quarterly earnings data on Tuesday, October, 16th. The asset manager reported $7.52 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 net margin of 39.92% and a return on equity of 13.72%. BlackRock's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.76 earnings per share. View BlackRock's Earnings History.

When is BlackRock's next earnings date?

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

What price target have analysts set for BLK?

12 equities research analysts have issued 12-month target prices for BlackRock's stock. Their forecasts range from $440.00 to $682.00. On average, they expect BlackRock's stock price to reach $558.1667 in the next twelve months. This suggests a possible upside of 41.1% 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 2 hold ratings and 10 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 headlines about BLK stock have trended somewhat positive on Thursday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. BlackRock earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Are investors shorting BlackRock?

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 trading volume of 1,371,901 shares, the short-interest ratio is currently 1.3 days. Currently, 1.2% of the company's stock are sold short. View BlackRock's Current Options Chain.

Who are some of BlackRock's key competitors?

Who are BlackRock's key executives?

BlackRock's management team includes the folowing people:
  • Mr. Laurence Douglas Fink, Chairman & CEO (Age 65)
  • Mr. Robert Steven Kapito, Pres & Director (Age 62)
  • Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 55)
  • Mr. Robert Lawrence Goldstein, Chief Operating Officer (Age 44)
  • Mr. Mark Seumas McCombe, Sr. MD & Head of Americas (Age 51)

Who are BlackRock's major shareholders?

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.44%), Capital World Investors (5.23%), BlackRock Inc. (4.77%), Massachusetts Financial Services Co. MA (1.18%), FMR LLC (1.06%) and Bank of New York Mellon Corp (0.73%). 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.

Which institutional investors are selling BlackRock stock?

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, Ryan Stork and Susan Wagner. View Insider Buying and Selling for BlackRock.

Which institutional investors are buying BlackRock stock?

BLK stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Flossbach Von Storch AG, Capital World Investors, Renaissance Technologies LLC, Bessemer Group Inc., American Century Companies Inc., Canada Pension Plan Investment Board and Public Employees Retirement Association of Colorado. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is BlackRock's stock price today?

One share of BLK stock can currently be purchased for approximately $395.70.

How big of a company is BlackRock?

BlackRock has a market capitalization of $64.70 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 14,900 workers across the globe.

What is BlackRock's official website?

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

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  711 (Vote Outperform)
Underperform Votes:  577 (Vote Underperform)
Total Votes:  1,288
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.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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