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

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

BlackRock declared a quarterly dividend on Wednesday, July 17th. Stockholders of record on Thursday, September 5th will be given a dividend of $3.30 per share on Tuesday, September 24th. This represents a $13.20 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date of this dividend is Wednesday, September 4th. View BlackRock's Dividend History.

BlackRock, Inc. (NYSE:BLK) posted its quarterly earnings results on Friday, July, 19th. The asset manager reported $6.41 EPS for the quarter, missing the Zacks' consensus estimate of $6.52 by $0.11. The asset manager had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.57 billion. BlackRock had a net margin of 30.25% and a return on equity of 13.24%. The business's revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $6.66 earnings per share. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for BlackRock.

BlackRock will be holding an earnings conference call on Tuesday, October 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 equities research analysts have issued 1-year price objectives for BlackRock's shares. Their forecasts range from $405.36 to $567.00. On average, they anticipate BlackRock's stock price to reach $501.34 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for BlackRock.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

News stories about BLK stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -2.8 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for 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 presently 2.6 days. Approximately 1.0% of the shares of the 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), MarketAxess (MKTX), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Futu (FHL) and Waddell & Reed Financial (WDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock investors own include CA (CA), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), NIC (EGOV), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE).

BlackRock's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.10%), Country Trust Bank (0.06%), Gulf International Bank UK Ltd (0.02%), Park National Corp OH (0.02%), Dubuque Bank & Trust Co. (0.01%) and Stillwater Capital Advisors LLC (0.01%). 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, Rachel Lord, Robert L Goldstein, 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 State of Alaska Department of Revenue, Manning & Napier Group LLC, Chesley Taft & Associates LLC, Viking Fund Management LLC, Arden Trust Co, First Hawaiian Bank, Country Trust Bank and Stonebridge Capital Management 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.

BLK stock was acquired by a variety of institutional investors in the last quarter, including Keystone Financial Planning Inc., Park National Corp OH, Foster Victor Wealth Advisors LLC, Pacer Advisors Inc., Cerebellum GP LLC, North Star Investment Management Corp., Rockland Trust Co. and Northside Capital Management 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, Robinhood, Fidelity and Charles Schwab.

One share of BLK stock can currently be purchased for approximately $431.96.

BlackRock has a market capitalization of $66.77 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.

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]