S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58

BlackRock (BLK) Stock Forecast, Price & News

$593.08
+1.22 (+0.21%)
(As of 05/19/2022 04:00 PM ET)
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Today's Range
$582.58
$599.37
50-Day Range
$591.86
$782.23
52-Week Range
$582.58
$973.16
Volume
1.30 million shs
Average Volume
1.12 million shs
Market Capitalization
$89.85 billion
P/E Ratio
14.91
Dividend Yield
3.30%
Beta
1.28
30 days | 90 days | 365 days | Advanced Chart
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BlackRock logo

About BlackRock

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.

Headlines

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Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
09247X10
Employees
18,400
Year Founded
1988

Sales & Book Value

Annual Sales
$19.37 billion
Cash Flow
$42.70 per share
Book Value
$248.15 per share

Profitability

Net Income
$5.90 billion
Pretax Margin
41.72%

Debt

Price-To-Earnings

Miscellaneous

Free Float
149,897,000
Market Cap
$89.85 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/23 Dividend
3/04/2022
Dividend Payable
3/23/2022
Last Earnings
4/13/2022
Today
5/20/2022
Next Earnings (Estimated)
7/13/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.61 out of 5 stars

Finance Sector

9th out of 1,352 stocks

Security Brokers & Dealers Industry

2nd out of 36 stocks

Analyst Opinion: 4.4Community Rank: 4.9Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -













BlackRock (NYSE:BLK) Frequently Asked Questions

Is BlackRock a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BlackRock stock.
View analyst ratings for BlackRock
or view top-rated stocks.

When is BlackRock's next earnings date?

BlackRock is scheduled to release its next quarterly earnings announcement on Wednesday, July 13th 2022.
View our earnings forecast for BlackRock
.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) issued its quarterly earnings data on Wednesday, April, 13th. The asset manager reported $9.52 EPS for the quarter, topping analysts' consensus estimates of $8.92 by $0.60. The asset manager earned $4.70 billion during the quarter, compared to analyst estimates of $4.76 billion. BlackRock had a net margin of 31.20% and a trailing twelve-month return on equity of 17.00%. The business's revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $7.77 EPS.
View BlackRock's earnings history
.

How often does BlackRock pay dividends? What is the dividend yield for BlackRock?

BlackRock announced a quarterly dividend on Friday, January 14th. Shareholders of record on Monday, March 7th will be given a dividend of $4.88 per share on Wednesday, March 23rd. This represents a $19.52 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Friday, March 4th. This is a positive change from BlackRock's previous quarterly dividend of $4.13.
View BlackRock's dividend history
.

Is BlackRock a good dividend stock?

BlackRock pays an annual dividend of $19.52 per share and currently has a dividend yield of 3.30%. BlackRock has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of BlackRock is 49.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BlackRock will have a dividend payout ratio of 43.35% next year. This indicates that BlackRock will be able to sustain or increase its dividend.
View BlackRock's dividend history.

What price target have analysts set for BLK?

14 brokerages have issued twelve-month price targets for BlackRock's stock. Their forecasts range from $725.00 to $1,080.00. On average, they expect BlackRock's stock price to reach $873.86 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price.
View analysts' price targets for BlackRock
or view top-rated stocks among Wall Street analysts.

Who are BlackRock's key executives?
BlackRock's management team includes the following people:
  • Mr. Laurence Douglas Fink, Chairman & CEO (Age 70, Pay $13.74M)
  • Mr. Robert Steven Kapito, Pres & Director (Age 66, Pay $11.63M)
  • Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 59, Pay $3.92M)
  • Mr. Robert Lawrence Goldstein, Sr. MD, COO & Global Head of BlackRock Solutions (Age 48, Pay $4.51M)
  • Mr. J. Richard Kushel, Sr. MD & Head of the Portfolio Management Group (Age 55, Pay $4.61M) (LinkedIn Profile)
  • Dr. Bennett W. Golub Ph.D., Co-Founder (Age 64)
  • Mr. Mark McKenna, Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Mang.
  • Ms. Sandra L. Boss, Sr. MD & Global Head of Investment Stewardship (Age 55)
  • Mr. Marc David Comerchero CPA, CPA, MD & Chief Accounting Officer (Age 49)
  • Mr. Derek N. Stein, Sr. MD and Global Head of Technology & Operations (Age 60)
What is Laurence D. Fink's approval rating as BlackRock's CEO?

1,545 employees have rated BlackRock CEO Laurence D. Fink on Glassdoor.com. Laurence D. Fink has an approval rating of 96% among BlackRock's employees. This puts Laurence D. Fink in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BlackRock own?

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), Micron Technology (MU), NIC (EGOV) and AutoZone (AZO).

What is BlackRock's stock symbol?

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

Who are BlackRock's major shareholders?

BlackRock's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.23%), BlackRock Inc. (6.76%), State Street Corp (4.29%), Capital World Investors (2.89%), Capital International Investors (2.36%) and Wellington Management Group LLP (2.02%). Company insiders that own BlackRock stock include Christopher J Meade, Christopher J Meade, Gary Shedlin, J Richard Kushel, Laurence Fink, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, Robert L Goldstein 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 Capital World Investors, Wellington Management Group LLP, Group One Trading L.P., TD Asset Management Inc., UBS Group AG, Assenagon Asset Management S.A., Aviva PLC, and Citigroup Inc.. Company insiders that have sold BlackRock company stock in the last year include Christopher J Meade, J Richard Kushel, Laurence Fink, Mark Mccombe, and Mark Wiedman.
View insider buying and selling activity for BlackRock
or view top insider-selling stocks.

Which institutional investors are buying BlackRock stock?

BLK stock was purchased by a variety of institutional investors in the last quarter, including Aaron Wealth Advisors LLC, Charles Schwab Investment Management Inc., Capital International Investors, Vanguard Group Inc., Renaissance Technologies LLC, First Trust Advisors LP, Massachusetts Financial Services Co. MA, and BlackRock Inc..
View insider buying and selling activity for BlackRock
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackRock's stock price today?

One share of BLK stock can currently be purchased for approximately $593.08.

How much money does BlackRock make?

BlackRock has a market capitalization of $89.85 billion and generates $19.37 billion in revenue each year. The asset manager earns $5.90 billion in net income (profit) each year or $39.79 on an earnings per share basis.

How many employees does BlackRock have?

BlackRock employs 18,400 workers across the globe.

Does BlackRock have any subsidiaries?

The following companies are subsidiares of BlackRock: Acero Cooperatief U.A., Acero Holdings I B.V., Amethyst Merger Sub LLC, AnalytX Hosting LLC, AnalytX LLC, AnalytX Software LLC, Aperio, Aperio, Aquila Heywood, Asia-Pacific Private Credit Opportunities Fund I (GenPar) Ltd., BAA Holdings LLC, BFM Holdco LLC, BLK (Gallatin) Holdings LLC, BLK SMI LLC, BR Acquisition Mexico S.A. de C.V., BR Jersey International Holdings L.P., Beijing eFront Software Company Limited, BlackRock (Barbados) Finco 1 SRL, BlackRock (Channel Islands) Limited, BlackRock (Luxembourg) S.A., BlackRock (Netherlands) B.V., BlackRock (Shanghai) Co. Ltd., BlackRock (Singapore) Holdco II Pte. Ltd., BlackRock (Singapore) Holdco Pte. Limited, BlackRock (Singapore) Limited, BlackRock AP Investment Holdco LLC, BlackRock Advisors (UK) Limited, BlackRock Advisors LLC, BlackRock Advisors Singapore Pte. Limited, BlackRock Alternative Advisors GP Holdings LLC, BlackRock Alternatives Management LLC, BlackRock Argentina Asesorias Ltda., BlackRock Asset Management Canada Limited, BlackRock Asset Management Deutschland AG, BlackRock Asset Management International Inc., BlackRock Asset Management Investor Services Limited, BlackRock Asset Management Ireland Limited, BlackRock Asset Management North Asia Limited, BlackRock Asset Management Schweiz AG, BlackRock Asset Management UK Limited, BlackRock Australia Holdco Pty. Ltd., BlackRock Brasil Gestora de Investimentos Ltda., BlackRock Cal 1 Investor LLC, BlackRock Canada Holdings LP, BlackRock Canada Holdings ULC, BlackRock Capital Holdings Inc., BlackRock Capital Investment Advisors LLC, BlackRock Capital Management Inc., BlackRock Cayco Limited, BlackRock Cayman 1 LP, BlackRock Cayman Capital Holdings Limited, BlackRock Cayman Finco 2 Limited, BlackRock Cayman Finco 3 Limited, BlackRock Cayman Finco Limited, BlackRock Cayman West Bay Finco Limited, BlackRock Cayman West Bay IV Limited, BlackRock Cayman Z Limited, BlackRock Channel Islands Holdco Limited, BlackRock Chile Asesorias Limitada, BlackRock Colombia Holdco LLC, BlackRock Colombia Infraestructura S.A.S., BlackRock Colombia SAS, BlackRock Company Secretarial Services (UK) Limited, BlackRock Corporation US Inc., BlackRock Delaware Holdings Inc., BlackRock Enterprise Management Services (Shanghai) Co. Ltd., BlackRock Europe Development Management Limited, BlackRock Execution Services, BlackRock Finance Europe Limited, BlackRock Financial Management Inc., BlackRock Finco LLC, BlackRock Finco UK Ltd., BlackRock First Partner Limited, BlackRock France SAS, BlackRock Fund Advisors, BlackRock Fund Management Company S.A., BlackRock Fund Managers Limited, BlackRock Funding International Ltd., BlackRock Funds Services Group LLC, BlackRock Germany GmBH, BlackRock Group Limited, BlackRock HK Holdco Limited, BlackRock Holdco 2 Inc., BlackRock Holdco 3 LLC, BlackRock Holdco 4 LLC, BlackRock Holdco 5 LLC, BlackRock Holdco 6 LLC, BlackRock Hungary Kft, BlackRock Index Services LLC, BlackRock Infrastructure Management I LLC, BlackRock Institutional Services Inc., BlackRock Institutional Trust Company National Association, BlackRock International Holdings Inc., BlackRock International Limited, BlackRock Investment Management (Australia) Limited, BlackRock Investment Management (Dublin) Limited, BlackRock Investment Management (Korea) Limited, BlackRock Investment Management (Shanghai) Co. Ltd., BlackRock Investment Management (Taiwan) Limited, BlackRock Investment Management (UK) Limited, BlackRock Investment Management Ireland Holdings Limited, BlackRock Investment Management LLC, BlackRock Investments LLC, BlackRock Japan Co. Ltd., BlackRock Japan Holdings GK, BlackRock Jersey Finco 2 Limited, BlackRock Latin America Holdco LLC, BlackRock Latin American Holdings B.V., BlackRock Life Limited, BlackRock Lux Finco S.à r.l., BlackRock Luxembourg Holdco S.à r.l., BlackRock Mexican Holdco B.V., BlackRock Mexico Infraestructura I S. de R.L. de C.V., BlackRock Mexico Infraestructura II S. de R.L. de C.V., BlackRock Mexico Infraestructura III S. de R.L. de C.V., BlackRock Mexico Manager II S. de R.L. de C.V., BlackRock Mexico Manager III S. de R.L. de C.V., BlackRock Mexico Manager S de R.L. de C.V., BlackRock Mexico Operadora S.A. de C.V. Sociedad Operadora de Fondos de Inversion, BlackRock Mortgage Ventures LLC, BlackRock Niagara LLC, BlackRock Operations (Luxembourg) S.à r.l., BlackRock Overseas Investment Fund Management (Shanghai) Co. Ltd., BlackRock PC Holdings LLC, BlackRock Pensions Limited, BlackRock Peru Asesorías S.A., BlackRock Property Consulting (Beijing) Co. Ltd., BlackRock Property France S.a.r.l., BlackRock Property Lux S.à.r.l., BlackRock Property Malaysia Sdn. Bhd., BlackRock Realty Advisors Inc., BlackRock Saudi Arabia, BlackRock Scale Holdings LLC, BlackRock Services India Private Limited, BlackRock Singapore III Pte. Ltd., BlackRock Slovakia s.r.o., BlackRock Strategic Investors GP LLC, BlackRock Strategic Investors LP, BlackRock Trident Holding Company Limited, BlackRock UK (Alpha) Limited, BlackRock UK (Beta) Limited, BlackRock UK (Delta) LP, BlackRock UK (Gamma) Limited, BlackRock UK (Sigma) Limited, BlackRock UK 2 LLP, BlackRock UK 3 LLP, BlackRock UK 4 LLP, BlackRock UK A LLP, BlackRock UK Holdco 2 Limited, BlackRock UK Holdco Limited, Blackhawk Investment Holding LLC, CIE Automotive, Cachematrix Holdings, Cachematrix Holdings LLC, Cachematrix Integrations Private Limited, Cachematrix Software Solutions LLC, Cachematrix UK Limited, FutureAdvisor Inc., Glass Mountain Pipeline, Global Energy & Power Infrastructure Advisors LLC, Global Energy & Power Infrastructure II Advisors LLC, Grosvenor Alternate Partner Limited, Grosvenor Ventures Limited, HLX Financial Holdings LLC, MGPA (Bermuda) Limited, MGPA (Exec) Limited, MGPA Limited, Mercury Carry Company Ltd., Mercury Private Equity MUST 3 (Jersey) Limited, Object Capital Technology Inc., Phoenix Acquisition B.V., Phoenix Acquisitions Holdings LLC, Portfolio Administration & Management Ltd., Prestadora de Servicios Integrales BlackRock Mexico S.A. de C.V., SVOF/MM LLC, St. Albans House Nominees (Jersey) Ltd., State Street Research & Management, Tennenbaum Capital Partners LLC, Tennenbaum Capital Partners LLC, Tlali Acero S.A. de C.V. SOFOM ENR, Trident Merger LLC, eFront, eFront, eFront (Jersey) Limited, eFront DMLT Holdings LLC, eFront DMLT Holdings S.R.L, eFront DR S.R.L, eFront Do Brasil Soluções Informáticas Para Sistemas Financeiros Ltda., eFront FZ-LLC, eFront Financial Solutions Inc., eFront GmbH, eFront Holding II SAS, eFront Holdings SAS, eFront Hong Kong Limited, eFront II SAS, eFront Kabushiki Kaisha, eFront Ltd, eFront SAS, eFront Singapore Pte. Ltd, eFront Software Luxembourg S.à r.l., eFront Solutions Financeières Inc., eFront d.o.o. Beograd, iShares (DE) I Investmentaktiengesellschaft mit Teilgesellschaftsvermogen, and iShares Delaware Trust Sponsor LLC.

When was BlackRock founded?

BlackRock was founded in 1988.

What is BlackRock's official website?

The official website for BlackRock is 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, via email at [email protected], or via fax at 212-754-8777.

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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