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

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

BlackRock declared a quarterly dividend on Tuesday, November 20th. Stockholders of record on Friday, December 7th will be paid a dividend of $3.13 per share on Wednesday, December 26th. This represents a $12.52 annualized dividend and a dividend yield of 3.06%. View BlackRock's Dividend History.

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

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings results on Tuesday, October, 16th. The asset manager reported $7.52 EPS for the quarter, topping the consensus estimate of $6.93 by $0.59. The asset manager had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.65 billion. BlackRock had a net margin of 39.92% and a return on equity of 13.72%. BlackRock's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $5.76 earnings per share. View BlackRock's Earnings History.

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

12 brokers have issued 1-year price objectives for BlackRock's stock. Their predictions range from $440.00 to $682.00. On average, they anticipate BlackRock's share price to reach $549.3333 in the next twelve months. This suggests a possible upside of 34.2% 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 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

Media coverage about BLK stock has trended very positive on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BlackRock earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.

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 daily volume of 1,371,901 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.2% of the company's stock are sold short. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF) and Piper Jaffray Companies (PJC).

BlackRock's stock is owned by a variety of of retail and institutional 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 Morgan Stanley (1.00%). 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.

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.

BLK stock was acquired by a variety of institutional investors in the last quarter, including Rehmann Capital Advisory Group, Capital International Investors, Flossbach Von Storch AG, Capital World Investors, Renaissance Technologies LLC, Bessemer Group Inc., American Century Companies Inc. and Canada Pension Plan Investment Board. 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, Scottrade, Fidelity and Charles Schwab.

One share of BLK stock can currently be purchased for approximately $409.38.

BlackRock has a market capitalization of $64.31 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.

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]