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 Wednesday, January 16th. Stockholders of record on Wednesday, March 6th will be given a dividend of $3.30 per share on Thursday, March 21st. This represents a $13.20 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Tuesday, March 5th. This is a boost from BlackRock's previous quarterly dividend of $3.13. View BlackRock's Dividend History.

BlackRock announced that its board has initiated a share buyback program on Friday, April 7th 2017, which permits the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

BlackRock, Inc. (NYSE:BLK) issued its quarterly earnings results on Wednesday, January, 16th. The asset manager reported $6.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $6.35 by $0.27. The asset manager had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.47 billion. BlackRock had a return on equity of 13.53% and a net margin of 30.32%. The company's revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.24 EPS. View BlackRock's Earnings History.

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

13 brokers have issued 1-year target prices for BlackRock's stock. Their forecasts range from $405.00 to $595.00. On average, they anticipate BlackRock's stock price to reach $502.6923 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets 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.

Press coverage about BLK stock has trended very positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. BlackRock earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media stories about the asset manager a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

BlackRock saw a increase in short interest in the month of December. As of December 14th, there was short interest totalling 1,816,036 shares, an increase of 45.9% from the November 30th total of 1,244,972 shares. Based on an average trading volume of 876,919 shares, the days-to-cover ratio is presently 2.1 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 Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), MarketAxess (MKTX), SEI Investments (SEIC), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC) and Wisdom Tree Investments (WETF).

BlackRock's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Windward Capital Management Co. CA (0.03%), Nisa Investment Advisors LLC (0.03%), Stock Yards Bank & Trust Co. (0.02%), Eastern Bank (0.02%), DNB Asset Management AS (0.02%) and Ferguson Wellman Capital Management Inc. (0.02%). 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 Gradient Investments LLC, Ferguson Wellman Capital Management Inc., Gulf International Bank UK Ltd, Steward Partners Investment Advisory LLC, Oakbrook Investments LLC, Bourgeon Capital Management LLC, CENTRAL TRUST Co and Louisiana State Employees Retirement System. 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 and Ryan Stork. View Insider Buying and Selling for BlackRock.

BLK stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Capital Investment Advisors LLC, Beech Hill Advisors Inc., Park National Corp OH, Benson Investment Management Company Inc., Lodestar Investment Counsel LLC IL, Hotaling Investment Management LLC and Landsberg Bennett & Dubbaneh LLC. 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 $413.75.

BlackRock has a market capitalization of $66.15 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 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]