NYSE:BLK - BlackRock Stock Price, Price Target & More

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

BlackRock declared a quarterly dividend on Wednesday, May 23rd. Shareholders of record on Thursday, June 7th will be given a dividend of $2.88 per share on Thursday, June 21st. This represents a $11.52 annualized dividend and a yield of 2.27%. The ex-dividend date is Wednesday, June 6th. View BlackRock's Dividend History.

BlackRock announced that its Board of Directors has approved a stock repurchase program on Friday, April 7th 2017, which authorizes the company to buyback 6,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

BlackRock, Inc. (NYSE:BLK) announced its earnings results on Friday, January, 12th. The asset manager reported $6.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $5.94 by $0.30. The asset manager earned $3.47 billion during the quarter, compared to analysts' expectations of $3.33 billion. BlackRock had a net margin of 39.22% and a return on equity of 12.76%. The business's quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter last year, the company earned $5.14 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Monday, July, 16th 2018. View Earnings Estimates for BlackRock.

11 analysts have issued 1-year price objectives for BlackRock's stock. Their predictions range from $500.00 to $682.00. On average, they anticipate BlackRock's share price to reach $583.8182 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Ratings 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."

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).

News headlines about BLK stock have trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock earned a news impact score of 0.07 on Accern's scale. They also gave press coverage about the asset manager an impact score of 47.53 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.

BlackRock's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.20%), Fisher Asset Management LLC (0.08%), Windward Capital Management Co. CA (0.03%), Gulf International Bank UK Ltd (0.02%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%) and Pennsylvania Trust Co (0.02%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, 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 Bremer Trust National Association, NN Investment Partners Holdings N.V., Gateway Investment Advisers LLC, Vision Capital Management Inc., Trust Department MB Financial Bank N A, Fjarde AP Fonden Fourth Swedish National Pension Fund, First Financial Bank Trust Division and Rockland Trust Co.. Company insiders that have sold BlackRock company stock in the last year include J Richard Kushel, Jeff A Smith, 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 purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Fisher Asset Management LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Investment House LLC, Atria Investments LLC, DnB Asset Management AS and Trust Co. of Vermont. 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 $507.09.

BlackRock has a market capitalization of $81.22 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]