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BlackRock Stock Price, News & Analysis (NYSE:BLK)

$445.04
-5.63 (-1.25 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$444.60
Now: $445.04
$450.19
50-Day Range
$414.26
MA: $433.46
$451.32
52-Week Range
$360.79
Now: $445.04
$487.45
Volume519,067 shs
Average Volume616,950 shs
Market Capitalization$68.79 billion
P/E Ratio16.53
Dividend Yield2.93%
Beta1.54
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. Read More…

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP09247X10
Phone212-810-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.20 billion
Cash Flow$28.71 per share
Book Value$205.85 per share

Profitability

Net Income$4.31 billion

Miscellaneous

Employees14,900
Market Cap$68.79 billion
Next Earnings Date1/15/2020 (Estimated)
OptionableOptionable

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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. Stockholders 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 annualized dividend and a dividend yield of 2.97%. 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) issued its quarterly earnings data on Tuesday, October, 15th. The asset manager reported $7.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $6.95 by $0.20. The asset manager had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.69 billion. BlackRock had a net margin of 29.31% and a return on equity of 13.00%. The business's revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.52 earnings per share. View BlackRock's Earnings History.

When is BlackRock's next earnings date?

BlackRock is scheduled to release their next quarterly earnings announcement on Wednesday, January 15th 2020. View Earnings Estimates for BlackRock.

What price target have analysts set for BLK?

13 analysts have issued 12 month price objectives for BlackRock's stock. Their predictions range from $405.36 to $567.00. On average, they expect BlackRock's stock price to reach $499.11 in the next twelve months. This suggests a possible upside of 12.2% 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 headlines about BLK stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -3.8 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for BlackRock.

Are investors shorting BlackRock?

BlackRock saw a increase in short interest during the month of 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 volume of 589,600 shares, the short-interest ratio is currently 2.6 days. Approximately 1.0% of the company's shares are sold short. View BlackRock's Current Options Chain.

Who are some of BlackRock's key competitors?

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 a number of of retail and institutional investors. Top institutional shareholders 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 Zurcher Kantonalbank Zurich Cantonalbank (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, Susan Wagner 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 State of Alaska Department of Revenue, Manning & Napier Group LLC, Whittier Trust Co., Chesley Taft & Associates LLC, Gateway Investment Advisers LLC, Chemung Canal Trust Co., Whittier Trust Co. of Nevada Inc. and Stephens Inc. AR. 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 institutional investors are buying BlackRock stock?

BLK stock was acquired 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 Oakbrook Investments 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.

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 $445.04.

How big of a company is BlackRock?

BlackRock has a market capitalization of $68.79 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?

The official website for BlackRock is http://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 or via email at [email protected]


MarketBeat Community Rating for BlackRock (NYSE BLK)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  866 (Vote Outperform)
Underperform Votes:  630 (Vote Underperform)
Total Votes:  1,496
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.
This page was last updated on 10/19/2019 by MarketBeat.com Staff

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