NYSE:BLK - BlackRock Stock Price, Price Target & More

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

BlackRock declared a quarterly dividend on Wednesday, May 23rd. Shareholders of record on Thursday, June 7th will be given a dividend of $2.88 per share on Thursday, June 21st. This represents a $11.52 annualized dividend and a yield of 2.19%. The ex-dividend date is Wednesday, June 6th. View BlackRock's Dividend History.

BlackRock declared that its Board of Directors has approved a share buyback program on Friday, April 7th 2017, which allows the company to buyback 6,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

BlackRock, Inc. (NYSE:BLK) posted its quarterly earnings results on Thursday, April, 12th. The asset manager reported $6.70 EPS for the quarter, beating analysts' consensus estimates of $6.39 by $0.31. The asset manager had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.43 billion. BlackRock had a net margin of 39.22% and a return on equity of 12.76%. The business's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.25 earnings per share. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Monday, July, 16th 2018. View Earnings Estimates for BlackRock.

11 equities research analysts have issued twelve-month target prices for BlackRock's stock. Their forecasts range from $500.00 to $682.00. On average, they expect BlackRock's share price to reach $572.9091 in the next year. View Analyst Ratings for BlackRock.

Some companies that are related to BlackRock include Morgan Stanley (MS), Goldman Sachs Group (GS), 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), Wisdom Tree Investments (WETF) and Waddell & Reed Financial (WDR).

Media stories about BLK stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BlackRock earned a news impact score of 0.07 on Accern's scale. They also gave media coverage about the asset manager an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

BlackRock's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (21.22%), BlackRock Inc. (4.62%), Massachusetts Financial Services Co. MA (1.25%), Wells Fargo & Company MN (1.21%), Northern Trust Corp (1.05%) and Summit Trail Advisors LLC (0.80%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, 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 PNC Financial Services Group Inc., Neuberger Berman Group LLC, Federated Investors Inc. PA, Atlantic Trust Group LLC, Wells Fargo & Company MN, The Manufacturers Life Insurance Company, Principal Financial Group Inc. and Becker Capital Management Inc.. Company insiders that have sold BlackRock company stock in the last year include J Richard Kushel, Jeff A Smith, 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 Summit Trail Advisors LLC, FIL Ltd, BlackRock Inc., CAMG Solamere Management LLC, OppenheimerFunds Inc., Ceredex Value Advisors LLC, Public Employees Retirement Association of Colorado and Origin Asset Management LLP. 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 $526.58.

BlackRock has a market capitalization of $84.50 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]