NYSE:BLK - BlackRock Stock Price, News, & Analysis

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

BlackRock announced a quarterly dividend on Tuesday, July 17th. Shareholders of record on Friday, September 7th will be paid a dividend of $3.13 per share on Monday, September 24th. This represents a $12.52 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Thursday, September 6th. This is a positive change from BlackRock's previous quarterly dividend of $2.88. View BlackRock's Dividend History.

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

BlackRock, Inc. (NYSE:BLK) released its quarterly earnings data on Monday, July, 16th. The asset manager reported $6.66 EPS for the quarter, beating the consensus estimate of $6.55 by $0.11. The asset manager had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. BlackRock had a net margin of 38.97% and a return on equity of 13.20%. BlackRock's revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the business earned $5.24 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for BlackRock.

11 Wall Street analysts have issued 12-month target prices for BlackRock's stock. Their forecasts range from $547.00 to $682.00. On average, they expect BlackRock's stock price to reach $592.4545 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for BlackRock.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

Some companies that are related to BlackRock include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab Co. Common Stock (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Interactive Brokers Group (IBKR), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR) and Wisdom Tree Investments (WETF).

News stories about BLK stock have trended somewhat positive recently, Accern reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock earned a coverage optimism score of 0.12 on Accern's scale. They also assigned media stories about the asset manager an impact score of 47.35 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for BlackRock.

BlackRock's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (21.37%), BlackRock Inc. (4.75%), FMR LLC (2.36%), Massachusetts Financial Services Co. MA (1.26%), Wells Fargo & Company MN (1.22%) and Morgan Stanley (0.99%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner, William E Ford and William S Demchak. View Institutional Ownership Trends for BlackRock.

BLK stock was sold by a variety of institutional investors in the last quarter, including Third Point LLC, FMR LLC, Epoch Investment Partners Inc., Fred Alger Management Inc., Russell Investments Group Ltd., Advisors Asset Management Inc., Morgan Stanley and Legal & General Group Plc. 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, Robert W Fairbairn, Ryan Stork and Susan Wagner. View Insider Buying and Selling for BlackRock.

BLK stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Altman Advisors Inc., Bessemer Group Inc., BlackRock Inc., Moneta Group Investment Advisors LLC, Public Employees Retirement Association of Colorado, Janus Henderson Group PLC and Renaissance Technologies LLC. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan, William E Ford and William S Demchak. 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 $474.93.

BlackRock has a market capitalization of $75.67 billion and generates $12.49 billion in revenue each year. The asset manager earns $4.97 billion in net income (profit) each year or $22.60 on an earnings per share basis. BlackRock employs 13,900 workers across the globe.

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]