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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone212-810-5300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.20 billion
Profitability
Miscellaneous
Employees14,900
Next Earnings Date1/15/2020 (Estimated)
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 declared a quarterly dividend on Wednesday, July 17th. Shareholders of record on Thursday, September 5th will be paid a dividend of $3.30 per share on Tuesday, September 24th. This represents a $13.20 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Wednesday, September 4th. View BlackRock's Dividend History.
How were BlackRock's earnings last quarter?
BlackRock, Inc. (NYSE:BLK) released its quarterly earnings data on Tuesday, October, 15th. The asset manager reported $7.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.95 by $0.20. The asset manager earned $3.69 billion during the quarter, compared to the consensus estimate of $3.69 billion. BlackRock had a return on equity of 13.00% and a net margin of 29.31%. BlackRock's revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $7.52 earnings per share. View BlackRock's Earnings History.
When is BlackRock's next earnings date?
What price target have analysts set for BLK?
13 brokerages have issued twelve-month target prices for BlackRock's shares. Their predictions range from $405.36 to $567.00. On average, they expect BlackRock's stock price to reach $499.11 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for BlackRock.
What is the consensus analysts' recommendation for BlackRock?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 3 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 articles about BLK stock have been trending extremely negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BlackRock earned a news impact score of -4.3 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for BlackRock.
Are investors shorting BlackRock?
BlackRock saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,510,000 shares, an increase of 11.9% from the August 30th total of 1,350,000 shares. Based on an average daily trading volume, of 589,600 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.0% of the shares of the company are sold short. View BlackRock's Current Options Chain.
Who are some of BlackRock's key competitors?
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), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).
What other stocks do shareholders of BlackRock own?
Who are BlackRock's key executives?
BlackRock's management team includes the folowing people:
- Mr. Laurence Douglas Fink, Chairman & CEO (Age 66)
- Mr. Robert Steven Kapito, Pres & Director (Age 63)
- Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 56)
- Mr. Robert Lawrence Goldstein, Sr. MD, COO & Global Head of BlackRock Solutions (Age 45)
- Mr. J. Richard Kushel, Sr. MD and Head of Multi-Asset Strategies & Global Fixed Income Groups (Age 52)
Who are BlackRock's major shareholders?
BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (0.27%), DNB Asset Management AS (0.13%), Envestnet Asset Management Inc. (0.13%), Manning & Napier Group LLC (0.10%), Country Trust Bank (0.06%) and Strs Ohio (0.04%). 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, Susan Wagner and William E Ford. View Institutional Ownership Trends for BlackRock.
Which major investors are selling BlackRock stock?
BLK stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Manning & Napier Group LLC, Whittier Trust Co., CWM LLC, Chesley Taft & Associates LLC, Gateway Investment Advisers LLC, Chemung Canal Trust Co. and Whittier Trust Co. of Nevada Inc.. 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.
Which major investors are buying BlackRock stock?
BLK stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank, Commerzbank Aktiengesellschaft FI, Keystone Financial Planning Inc., Envestnet Asset Management Inc., Winmill & CO. Inc., Park National Corp OH and Brinker Capital Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is BlackRock's stock price today?
One share of BLK stock can currently be purchased for approximately $450.32.
How big of a company is BlackRock?
BlackRock has a market capitalization of $69.61 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.
What is BlackRock's official website?
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)
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.
