BlackRock Company Profile (NYSE:BLK)

About BlackRock (NYSE:BLK)

BlackRock logoBlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management & Fund Operators - NEC
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BLK
  • CUSIP: 09247X10
  • Web:
  • Market Cap: $69.94973 billion
  • Outstanding Shares: 162,868,000
Average Prices:
  • 50 Day Moving Avg: $426.29
  • 200 Day Moving Avg: $396.05
  • 52 Week Range: $336.84 - $442.83
  • Trailing P/E Ratio: 20.42
  • Foreward P/E Ratio: 17.09
  • P/E Growth: 1.41
Sales & Book Value:
  • Annual Revenue: $11.52 billion
  • Price / Sales: 6.02
  • Book Value: $179.01 per share
  • Price / Book: 2.38
  • Annual Dividend: $10.00
  • Dividend Yield: 2.3%
  • EBIDTA: $5.05 billion
  • Net Margins: 29.92%
  • Return on Equity: 11.79%
  • Return on Assets: 1.52%
  • Debt-to-Equity Ratio: 1.23%
  • Current Ratio: 3.27%
  • Quick Ratio: 3.27%
  • Average Volume: 596,513 shs.
  • Beta: 1.71
  • Short Ratio: 3.18
Frequently Asked Questions for BlackRock (NYSE:BLK)

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 Thursday, July 20th. Shareholders of record on Tuesday, September 5th will be paid a dividend of $2.50 per share on Friday, September 22nd. This represents a $10.00 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, August 31st. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

BlackRock declared that its Board of Directors has approved a stock buyback plan on Friday, April 7th 2017, which authorizes the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) released its earnings results on Monday, July, 17th. The company reported $5.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $5.39 by $0.15. The firm earned $2.97 billion during the quarter, compared to analyst estimates of $3.01 billion. BlackRock had a return on equity of 11.79% and a net margin of 29.92%. The firm's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.78 EPS. View BlackRock's Earnings History.

When will BlackRock make its next earnings announcement?

BlackRock is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for BlackRock.

Where is BlackRock's stock going? Where will BlackRock's stock price be in 2017?

12 brokers have issued 1 year price targets for BlackRock's shares. Their forecasts range from $387.00 to $534.00. On average, they expect BlackRock's stock price to reach $436.00 in the next twelve months. View Analyst Ratings for BlackRock.

Who are some of BlackRock's key competitors?

Who are BlackRock's key executives?

BlackRock's management team includes the folowing people:

  • Laurence D. Fink, Chairman of the Board, Chief Executive Officer
  • Robert S. Kapito, President, Vice Chairman of the Board
  • Robert L. Goldstein, Chief Operating Officer, Senior Managing Director
  • Christopher J. Meade, General Counsel, Senior Managing Director, Managing Director
  • Robert W. Fairbairn, Senior Managing Director
  • J. Richard Kushel, Senior Managing Director , Global Head of Multi-Asset Strategies
  • Mark Seumas McCombe OBE, Senior Managing Director, Head of the Americas region, and Global Head - Alternative Investors
  • Jeffrey A. Smith Ph.D., Senior Managing Director, Head - Global Human Resources
  • Ryan D. Stork, Senior Managing Director, Chairman, Asia Pacific
  • David J. Blumerw, Senior Managing Director, Head - Europe, Middle East and Africa (“EMEA”) region

Who owns BlackRock stock?

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include Harbour Capital Advisors LLC (0.74%), APG Asset Management N.V. (0.27%), Manning & Napier Advisors LLC (0.16%), Russell Investments Group Ltd. (0.15%), AMF Pensionsforsakring AB (0.08%) and Great West Life Assurance Co. Can (0.08%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Mark Mccombe, Robert Kapito, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William S Demchak. View Institutional Ownership Trends for BlackRock.

Who sold BlackRock stock? Who is selling BlackRock stock?

BlackRock's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Russell Investments Group Ltd., Great West Life Assurance Co. Can, Ferguson Wellman Capital Management Inc., Bartlett & Co. LLC, Copeland Capital Management LLC, Exxonmobil Investment Management Inc. TX and Bessemer Group Inc.. Company insiders that have sold BlackRock stock in the last year include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Mark Mccombe, Robert L Goldstein, Ryan Stork and Susan Wagner. View Insider Buying and Selling for BlackRock.

Who bought BlackRock stock? Who is buying BlackRock stock?

BlackRock's stock was purchased by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, Mn Services Vermogensbeheer B.V., CHURCHILL MANAGEMENT Corp, Harvey Capital Management Inc., Chemung Canal Trust Co., Bank of Montreal Can, Garland Capital Management Inc. and National Pension Service. View Insider Buying and Selling for BlackRock.

How do I buy BlackRock stock?

Shares of BlackRock can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock's stock price today?

One share of BlackRock stock can currently be purchased for approximately $425.51.

MarketBeat Community Rating for BlackRock (NYSE BLK)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  492 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  892
MarketBeat's community ratings are surveys of what our community members think about BlackRock and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BlackRock (NYSE:BLK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $436.00 (2.47% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Morgan StanleyReiterated RatingOverweight$460.00 -> $476.00LowView Rating Details
7/18/2017Deutsche Bank AGReiterated RatingBuy$465.00 -> $455.00LowView Rating Details
7/18/2017Credit Suisse GroupReiterated RatingOutperform$534.00LowView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingHold$440.00HighView Rating Details
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$380.00 -> $425.00LowView Rating Details
6/19/2017Bank of America CorporationReiterated RatingBuy$450.00LowView Rating Details
5/17/2017Jefferies Group LLCReiterated RatingHold$387.00LowView Rating Details
3/8/2017J P Morgan Chase & CoReiterated RatingBuyLowView Rating Details
1/25/2017Citigroup Inc.Boost Price TargetBuy$425.00 -> $430.00N/AView Rating Details
1/17/2017Barclays PLCLower Price TargetEqual Weight$411.00 -> $396.00N/AView Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$410.00 -> $403.00N/AView Rating Details
10/21/2016ArgusReiterated RatingBuy$400.00N/AView Rating Details
4/17/2016Royal Bank Of CanadaReiterated RatingBuyN/AView Rating Details
1/21/2016Susquehanna Bancshares IncLower Price TargetNeutral$320.00 -> $304.00N/AView Rating Details
1/7/2016Sanford C. BernsteinLower Price TargetOutperform$430.00 -> $415.00N/AView Rating Details
10/15/2015Piper Jaffray CompaniesReiterated RatingHold$357.00 -> $365.00N/AView Rating Details
9/16/2015GabelliUpgradeHold -> Buy$362.00 -> $362.00N/AView Rating Details
(Data available from 7/28/2015 forward)


Earnings History for BlackRock (NYSE:BLK)
Earnings by Quarter for BlackRock (NYSE:BLK)
Earnings History by Quarter for BlackRock (NYSE BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$5.49N/AView Earnings Details
7/17/2017Q2 2017$5.39$5.24$3.01 billion$2.97 billionViewN/AView Earnings Details
4/19/2017Q1 2017$4.94$5.25$2.86 billion$2.82 billionViewN/AView Earnings Details
1/13/2017Q416$5.02$5.14$2.93 billion$2.89 billionViewN/AView Earnings Details
10/18/2016Q316$4.98$5.14$1.01 billion$2.84 billionViewListenView Earnings Details
7/14/2016Q216$4.79$4.78$2.81 billion$2.80 billionViewListenView Earnings Details
4/14/2016Q116$4.29$4.25$2.73 billion$2.62 billionViewListenView Earnings Details
1/15/2016Q415$4.80$4.75$2.84 billion$2.86 billionViewListenView Earnings Details
10/14/2015Q315$4.51$5.00$2.82 billion$2.91 billionViewListenView Earnings Details
7/15/2015Q215$4.80$4.96$2.85 billion$2.91 billionViewListenView Earnings Details
4/16/2015Q115$4.51$4.89$2.81 billion$2.72 billionViewListenView Earnings Details
1/15/2015Q4$4.68$4.82$2.89 billion$2.78 billionViewListenView Earnings Details
10/15/2014Q314$4.67$5.21$2.84 billion$2.85 billionViewListenView Earnings Details
7/16/2014Q214$4.46$4.89$2.71 billion$2.78 billionViewListenView Earnings Details
4/17/2014Q114$4.10$4.43$2.67 billion$2.67 billionViewListenView Earnings Details
1/16/2014Q413$4.34$4.92$2.69 billion$2.78 billionViewListenView Earnings Details
10/16/2013Q313$3.84$3.88$2.47 billion$2.47 billionViewListenView Earnings Details
7/18/2013Q2 2013$3.87$4.15$2.51 billion$2.48 billionViewListenView Earnings Details
4/16/2013Q1 2013$3.50$3.65$2.42 billion$2.45 billionViewListenView Earnings Details
1/17/2013Q4 2012$3.73$3.96$2.48 billion$2.54 billionViewListenView Earnings Details
10/17/2012$3.29$3.47ViewN/AView Earnings Details
7/18/2012$3.03$3.10ViewN/AView Earnings Details
4/18/2012$3.02$3.16ViewN/AView Earnings Details
1/19/2012$3.02$3.06ViewN/AView Earnings Details
10/19/2011$2.70$2.83ViewN/AView Earnings Details
7/20/2011$2.89$3.00ViewN/AView Earnings Details
4/21/2011$2.77$2.96ViewN/AView Earnings Details
1/25/2011$2.91$3.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for BlackRock (NYSE:BLK)
2017 EPS Consensus Estimate: $21.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$4.93$4.97$4.95
Q2 20173$5.16$5.45$5.32
Q3 20173$5.26$5.71$5.42
Q4 20173$5.50$6.25$5.75
(Data provided by Zacks Investment Research)


Current Dividend Information for BlackRock (NYSE:BLK)
Next Dividend:9/22/2017
Annual Dividend:$10.00
Dividend Yield:2.35%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:47.98% (Trailing 12 Months of Earnings)
45.50% (Based on This Year's Estimates)
40.16% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for BlackRock (NYSE:BLK)

Dividend History by Quarter for BlackRock (NYSE BLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 1.86%
Institutional Ownership Percentage: 80.92%
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Institutional Ownership by Quarter for BlackRock (NYSE:BLK)
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/26/2017Jeff A. SmithInsiderSell250$434.87$108,717.50View SEC Filing  
7/18/2017Jeff A. SmithInsiderSell522$421.52$220,033.44View SEC Filing  
6/2/2017Susan WagnerDirectorSell2,500$414.31$1,035,775.00View SEC Filing  
5/26/2017Mark MccombeInsiderSell500$405.98$202,990.00View SEC Filing  
2/8/2017J. Richard KushelInsiderSell8,573$374.92$3,214,189.16View SEC Filing  
2/3/2017Gary ShedlinCFOSell2,417$375.00$906,375.00View SEC Filing  
2/3/2017Jeff A. SmithInsiderSell5,250$377.00$1,979,250.00View SEC Filing  
2/3/2017Robert L. GoldsteinCOOSell10,374$377.31$3,914,213.94View SEC Filing  
10/27/2016William S DemchakDirectorBuy1,200$341.11$409,332.00View SEC Filing  
10/19/2016Jeff A. SmithInsiderSell125$355.22$44,402.50View SEC Filing  
8/30/2016Mark MccombeDirectorSell1,400$374.92$524,888.00View SEC Filing  
8/29/2016James GrosfeldDirectorSell25,379$374.22$9,497,329.38View SEC Filing  
8/23/2016James GrosfeldDirectorSell25,710$372.97$9,589,058.70View SEC Filing  
8/22/2016James GrosfeldDirectorSell10,911$371.98$4,058,673.78View SEC Filing  
8/3/2016Susan WagnerDirectorSell25,000$368.29$9,207,250.00View SEC Filing  
8/1/2016Ryan StorkInsiderSell1,400$367.24$514,136.00View SEC Filing  
7/29/2016Susan WagnerDirectorSell79,346$366.35$29,068,407.10View SEC Filing  
7/15/2016J. Richard KushelDirectorSell8,000$356.55$2,852,400.00View SEC Filing  
6/1/2016Susan WagnerDirectorSell8,665$365.39$3,166,104.35View SEC Filing  
5/31/2016J. Richard KushelDirectorSell6,039$363.02$2,192,277.78View SEC Filing  
5/9/2016Robert W FairbairnDirectorSell2,000$355.28$710,560.00View SEC Filing  
4/15/2016Jeff A SmithDirectorSell2,650$354.25$938,762.50View SEC Filing  
3/1/2016Laurence FinkCEOSell37,600$321.79$12,099,304.00View SEC Filing  
2/19/2016Robert L. GoldsteinCOOSell10,783$314.85$3,395,027.55View SEC Filing  
2/18/2016Ryan StorkDirectorSell3,000$318.36$955,080.00View SEC Filing  
2/12/2016Robert W. FairbairnDirectorSell5,000$306.21$1,531,050.00View SEC Filing  
11/5/2015Laurence FinkCEOSell42,800$357.56$15,303,568.00View SEC Filing  
10/26/2015Robert KapitoPresidentSell116,069$336.95$39,109,449.55View SEC Filing  
8/31/2015Robert KapitoPresidentSell50,000$303.49$15,174,500.00View SEC Filing  
7/23/2015Laurence FinkCEOSell102,722$350.44$35,997,897.68View SEC Filing  
1/26/2015Jeff A SmithDirectorSell1,000$355.40$355,400.00View SEC Filing  
8/14/2014Mark MccombeDirectorSell3,500$314.00$1,099,000.00View SEC Filing  
4/21/2014Joseph FelicianiInsiderSell1,716$305.67$524,529.72View SEC Filing  
5/30/2013Laurence FinkCEOSell52,616$285.08$14,999,769.28View SEC Filing  
4/18/2013Thomas K MontagDirectorBuy5,000$248.64$1,243,200.00View SEC Filing  
2/4/2013Dennis D DammermanDirectorSell1,794$234.41$420,531.54View SEC Filing  
11/1/2012James GrosfeldDirectorBuy3,600$189.48$682,128.00View SEC Filing  
10/31/2012James GrosfeldDirectorBuy42,400$189.10$8,017,840.00View SEC Filing  
10/25/2012James GrosfeldDirectorBuy41,900$187.18$7,842,842.00View SEC Filing  
10/24/2012James GrosfeldDirectorBuy108,098$189.01$20,431,602.98View SEC Filing  
10/19/2012James GrosfeldDirectorBuy99,998$189.47$18,946,621.06View SEC Filing  
10/18/2012James GrosfeldDirectorBuy200,002$190.66$38,132,381.32View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for BlackRock (NYSE:BLK)
Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline logoYieldBoost BlackRock To 11.2% Using Options - Nasdaq - July 27 at 10:08 PM logoDan Loeb Makes Big Bet on BlackRock - Investopedia - July 27 at 5:05 PM logoBlackRock's Simpson Pushes Back on FANG, VIX Fears - July 27 at 5:05 PM logoDan Loeb Makes Big Bet on BlackRock - July 27 at 5:05 PM logoFTSE Russell to exclude Snap from stock indexes over voting rights - Reuters - July 26 at 10:14 PM logoBlackRock, Inc. (BLK) Insider Jeff A. Smith Sells 250 Shares - July 26 at 8:23 PM logoETF boom just getting started - BlackRock - Seeking Alpha - July 26 at 5:11 PM logoBlackRock Completes Acquisition of Cachematrix - Business Wire (press release) - July 25 at 9:30 PM logoBlackRock® Canada Announces Final July Cash Distributions for the iShares® Premium Money Market ETF - GlobeNewswire (press release) - July 25 at 9:30 PM logoBlackRock Completes Acquisition of Cachematrix - July 25 at 9:29 PM logoBlackRock® Canada Announces Final July Cash Distributions for the iShares® Premium Money Market ETF - July 25 at 9:29 PM logoIt's Groundhog Day (Again) for the U.S. Fund Industry - July 25 at 4:29 PM logoBlackrock, Lightsource target 1 bln stg UK solar power portfolio - July 25 at 4:29 PM logoWill Low Cost ETF Strength Make Vanguard Top Asset Manager Soon? - July 25 at 4:29 PM logoBlackRock, Inc. (NYSE:BLK) Downgraded by Zacks Investment Research - July 24 at 12:29 AM logo[$$] Deutsche Asset Management launches research institute - July 23 at 2:33 AM logo[$$] New Vanguard boss urged to target growth overseas - July 23 at 2:33 AM logo[$$] Vanguard closes in on BlackRock's number-one spot - July 23 at 2:33 AM logoBlackRock's Harrison Says a BOE Surprise Is Unlikely - July 21 at 4:58 PM logoEarnings Review and Free Research Report: Northern Trust's Net Interest Income Grew 14% - July 21 at 4:58 PM logoBlackRock's Bisat Sees Perfect Storm in Venezuela Bonds - July 21 at 4:58 PM logoBlackRock bond guru sees low rates for longer no matter who becomes the next Fed chair - July 20 at 6:13 PM logoWhy ETFs Have Seen Stellar Growth over the Years - July 20 at 6:13 PM logoBespoke's Hickey Says Strong Market Trends Push Records - July 20 at 6:13 PM logoBlackRock, Inc. to Issue Quarterly Dividend of $2.50 (BLK) - July 20 at 11:50 AM logoBlackRock declares $2.50 dividend - July 20 at 11:31 AM logoBlackRock, Inc. (BLK) Insider Jeff A. Smith Sells 522 Shares - July 19 at 7:38 PM logoNew York's DiNapoli asks Dimon to back off a proxy reform - Reuters - July 19 at 5:47 PM logoStrong ETF Inflows Boost BlackRock Earnings - July 19 at 5:47 PM logoStock Market News for July 18, 2017 - July 18 at 6:02 PM logoBlackRock Bond Funds Enter Smart-Beta ETF Market - July 18 at 6:02 PM logoBlackRock's Current Share Price Doesn't Capture Its Long-Term Growth Prospects - July 18 at 6:02 PM logoBlackRock's (NYSE:BLK) "Overweight" Rating Reaffirmed at Morgan Stanley - July 18 at 3:38 PM logoDeutsche Bank AG Reiterates "Buy" Rating for BlackRock, Inc. (BLK) - July 18 at 1:53 PM logoBlackRock: Political fears are dampening US investor appetite for risk - July 18 at 4:13 AM
News IconBlackRock reports a massive influx of cash into its low-cost funds — but misses on revenue - July 18 at 3:03 AM logoBlackrock Q2 Results Rise, But Miss Estimates - July 18 at 3:03 AM logoBlackRock's Q2 Earnings Miss Estimates, Revenues Rise - July 18 at 3:03 AM logoBlackRock CEO Fink sees U.S. falling short of 3 percent growth - July 18 at 3:03 AM logoUS STOCKS-Wall St slightly up as earnings season picks up pace - July 18 at 3:03 AM logoEdited Transcript of BLK earnings conference call or presentation 17-Jul-17 12:30pm GMT - July 18 at 3:03 AM logo[$$] BlackRock’s Earnings Rise On Stronger Inflows - July 18 at 3:03 AM logoBlackRock CEO Fink sees US falling short of 3 percent growth - Reuters - July 17 at 10:02 PM
News IconThe head of $5.7 trillion fund giant BlackRock says the biggest trend in investing is just getting started - July 17 at 8:14 PM logoBlackrock Q2 Results Rise, But Miss Estimates - Nasdaq - July 17 at 5:00 PM logoBUZZ-US STOCKS ON THE MOVE- Blue Apron, Repros, BlackRock, Sevcon, FedEx - Nasdaq - July 17 at 4:59 PM logoLack of voting rights may keep Snap, others from MSCI indexes - Reuters - July 17 at 12:27 PM logoMid-Morning Market Update: Markets Edge Higher; BlackRock Profit Misses Views - Benzinga - July 17 at 12:27 PM logoBlackRock's (BLK) Q2 Earnings Miss Estimates, Revenues Rise - Nasdaq - July 17 at 12:27 PM logoBlackRock second-quarter profit rises 8.6 percent - Reuters - July 17 at 12:27 PM



BlackRock (BLK) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff