NYSE:BLK - BlackRock Stock Price, Forecast & News

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

BlackRock declared a quarterly dividend on Tuesday, November 19th. Investors of record on Friday, December 6th will be given a dividend of $3.30 per share on Monday, December 23rd. This represents a $13.20 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Thursday, December 5th. View BlackRock's Dividend History.

BlackRock, Inc. (NYSE:BLK) posted its quarterly earnings results on Wednesday, January, 15th. The asset manager reported $8.34 EPS for the quarter, beating the Zacks' consensus estimate of $7.69 by $0.65. The asset manager had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.81 billion. BlackRock had a return on equity of 12.95% and a net margin of 29.31%. BlackRock's revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm posted $6.08 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for BlackRock.

12 brokers have issued twelve-month price targets for BlackRock's shares. Their forecasts range from $405.36 to $621.00. On average, they anticipate BlackRock's share price to reach $538.45 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets 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.

Media stories about BLK stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BlackRock earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for BlackRock.

BlackRock saw a drop in short interest in 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 daily volume of 467,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.9% of the company's shares are sold short. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock investors own include CA (CA), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), NIC (EGOV), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE).

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.13%), Manning & Napier Group LLC (0.09%), Country Trust Bank (0.06%), Donaldson Capital Management LLC (0.04%), Commerzbank Aktiengesellschaft FI (0.03%) and Artemis Investment Management LLP (0.03%). Company insiders that own BlackRock stock include Deryck C Maughan, 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.

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, Country Trust Bank, Dubuque Bank & Trust Co. and Nisa Investment Advisors 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.

BLK stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Johanson Financial Advisors Inc., Pennsylvania Trust Co, Pensionfund DSM Netherlands, Pensionfund Sabic, Red Spruce Capital LLC, Howard Capital Management and Chemung Canal Trust Co.. 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.

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.

One share of BLK stock can currently be purchased for approximately $535.24.

BlackRock has a market capitalization of $82.62 billion and generates $14.20 billion in revenue each year. The asset manager earns $4.31 billion in net income (profit) each year or $26.93 on an earnings per share basis. BlackRock employs 14,900 workers across the globe.View Additional Information About BlackRock.

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

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]