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: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BLK
  • CUSIP: 09247X10
  • Web:
  • Market Cap: $68.15698 billion
  • Outstanding Shares: 162,868,000
Average Prices:
  • 50 Day Moving Avg: $402.05
  • 200 Day Moving Avg: $388.29
  • 52 Week Range: $317.60 - $428.47
  • Trailing P/E Ratio: 20.71
  • Foreward P/E Ratio: 17.29
  • P/E Growth: 1.55
Sales & Book Value:
  • Annual Revenue: $11.35 billion
  • Price / Sales: 6.05
  • Book Value: $179.01 per share
  • Price / Book: 2.36
  • Annual Dividend: $10.00
  • Dividend Yield: 2.4%
  • EBIDTA: $5.01 billion
  • Net Margins: 29.74%
  • Return on Equity: 11.62%
  • Return on Assets: 1.50%
  • Debt-to-Equity Ratio: 1.23%
  • Current Ratio: 3.27%
  • Quick Ratio: 3.27%
  • Average Volume: 571,181 shs.
  • Beta: 1.67
  • Short Ratio: 3.38

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 announced a quarterly dividend on Thursday, May 25th. Stockholders of record on Monday, June 5th will be paid a dividend of $2.50 per share on Friday, June 23rd. This represents a $10.00 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, June 1st. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

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

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its earnings results on Wednesday, April, 19th. The company reported $5.25 EPS for the quarter, beating the Zacks' consensus estimate of $4.94 by $0.31. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.86 billion. BlackRock had a return on equity of 11.62% and a net margin of 29.74%. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $4.25 earnings per share. View BlackRock's Earnings History.

When will BlackRock make its next earnings announcement?

BlackRock is scheduled to release their next quarterly earnings announcement on Wednesday, July, 12th 2017. View Earnings Estimates for BlackRock.

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

12 brokerages have issued 1-year price objectives for BlackRock's stock. Their predictions range from $387.00 to $464.00. On average, they anticipate BlackRock's stock price to reach $418.22 in the next year. 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 a variety of of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.14%), NORGES BANK (5.01%), NORGES BANK (4.99%), NORGES BANK (4.99%), Vanguard Group Inc. (4.79%) and Wellington Management Group LLP (4.24%). 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 Morgan Stanley, Wellington Management Group LLP, FMR LLC, Alliancebernstein L.P., Alleghany Corp DE, PNC Financial Services Group Inc., RidgeWorth Capital Management LLC and Massachusetts Financial Services Co. MA. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., UBS Group AG, Vanguard Group Inc., Clearbridge Investments LLC, Renaissance Technologies LLC, State Street Corp, Pioneer Investment Management Inc. and Geode Capital Management LLC. 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 $421.62.

MarketBeat Community Rating for BlackRock (NYSE BLK)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  469 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  851
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: $418.22 (0.81% downside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/19/2017Bank of America CorporationReiterated RatingBuy$450.00LowView Rating Details
5/17/2017Jefferies Group LLCReiterated RatingHold$387.00LowView Rating Details
4/22/2017Deutsche Bank AGReiterated RatingBuy$449.00 -> $441.00MediumView Rating Details
3/18/2017Morgan StanleyReiterated RatingBuyLowView Rating Details
3/8/2017J P Morgan Chase & CoReiterated RatingBuyLowView Rating Details
2/9/2017Credit Suisse GroupReiterated RatingBuy$464.00N/AView Rating Details
1/25/2017Citigroup IncBoost 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
10/21/2016Wells Fargo & CompanyReiterated RatingMarket PerformN/AView Rating Details
10/21/2016ArgusReiterated RatingBuy$400.00N/AView Rating Details
10/14/2016Keefe, Bruyette & WoodsSet Price TargetHold$393.00N/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 6/25/2015 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
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: $21.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$4.93$4.97$4.95
Q2 20173$5.16$5.41$5.30
Q3 20173$5.26$5.61$5.39
Q4 20173$5.50$6.14$5.72
(Data provided by Zacks Investment Research)


Current Dividend Information for BlackRock (NYSE:BLK)
Most Recent Dividend:6/23/2017
Annual Dividend:$10.00
Dividend Yield:2.37%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:49.14% (Trailing 12 Months of Earnings)
45.70% (Based on This Year's Estimates)
41.00% (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: 81.93%
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
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 logo[$$] Investment consultants and fund managers agree reporting standard - June 25 at 2:10 AM logoBlackRock Tapped to Run Arizona State's $600 Million Endowment - June 23 at 3:09 PM logoBlackRock Looks To Europe Robo-Advising Market With Minority Stake In Scalable Capital - June 22 at 9:08 PM logoImagine BlackRock being named ‘BlackPebble’ - June 22 at 4:06 PM logoBlackstone or BlackRock, confused? CEOs Steve Schwarzman and Larry Fink actually did it on purpose - June 22 at 4:06 PM logo4 Reasons that Make BlackRock, Inc. (BLK) Stock a Solid Pick Now - June 22 at 2:52 PM logoUnderstanding BlackRock’s iShares Expectations amid Volatile Markets - June 22 at 11:40 AM logoWhere BlackRock’s Valuations Are Rising Today - June 22 at 11:40 AM logoNow This Is What Always Learning Looks Like - June 22 at 11:40 AM logoBlackRock on the Street: Analyst Ratings, Macro Concerns - June 22 at 11:40 AM logoWhy BlackRock Is Bracing for Subdued Equity Performance - June 22 at 11:40 AM logoBlackRock Says Fed May Need Unemployment Below 4% - June 22 at 11:40 AM logoFormer Barclays CEO Varley Resigns From BlackRock's Board Following Qatar Investigation Charges - - June 21 at 4:56 PM logoBlackRock Takes Stake In Robo-Advisor Scalable Capital - Seeking Alpha - June 21 at 4:56 PM logoA source of U.S. low inflation? It's your phone -BlackRock strategist - June 21 at 4:56 PM logoLow U.S. inflation? It's your phone -BlackRock bond manager - June 21 at 4:56 PM logoBlackRock’s Margins Are Now Riding on This - June 21 at 2:42 AM logoJohn Varley steps down from BlackRock board - June 21 at 2:42 AM logoBlackRock says investors will benefit from MSCI nod on China stocks - Reuters - June 20 at 9:41 PM logoMoody's Poised for Revenue Growth, Litigation Issues Remain - June 20 at 4:39 PM logoBlackRock Invests in European 'Robo-Adviser' Scalable Capital - June 20 at 4:39 PM logoWhy BlackRock’s Diversified Product Line Matters - June 20 at 4:39 PM logoETFs with exposure to BlackRock, Inc. : June 20, 2017 - June 20 at 4:39 PM logoJohn Varley Steps Down from BlackRock Board of Directors - June 20 at 4:39 PM
News IconBlackRock gets into European 'robo advice' as it leads €30 million investment in Scalable Capital - June 20 at 10:23 AM logoEx-BlackRock Executive's Gas Bet Pays Off With $6.7 Billion EQT Deal - June 19 at 9:09 PM logoBlackRock takes Scalable Capital stake in Europe 'robo-advisor' push - June 19 at 9:09 PM logo[$$] BlackRock invests in UK robo advice provider - June 19 at 9:09 PM logoPRESS DIGEST- Financial Times - June 20 - June 19 at 9:09 PM logoEx-BlackRock Exec's Gas Bet Pays Off With $6.7 Billion Takeover Deal - June 19 at 9:09 PM logoBlackRock, Inc. (BLK) Stock Rating Reaffirmed by Bank of America Corporation - June 19 at 7:36 PM logo[$$] Index funds are unsure of taking on policeman role - June 19 at 11:56 AM logoBlackRock: Tech disruption is a macro force lowering pric... - June 19 at 11:56 AM logoThe Wish List From Business for How to Change Finance Rules - June 17 at 2:42 AM logoBlackRock, Elliott and Pimco Want These Changes to Finance Rules - June 17 at 2:42 AM logoiShares® iBonds® Sep 2017 Term Muni Bond ETF Nears Final Distribution Date - June 17 at 2:42 AM logoBlackRock European CLO III Designated Activity Company -- Moody's assigns definitive ratings to the six classes of notes issued by BlackRock European CLO III Designated Activity Company - June 17 at 2:42 AM logo Analysts Expect BlackRock, Inc. (BLK) Will Post Quarterly Sales of $2.98 Billion - June 16 at 1:56 PM logo[$$] The Morning Risk Report: A Glimpse into BlackRock's Climate Voting - June 15 at 5:45 PM logoBlackRock Sees Stars Aligning for Brazil Reforms - June 15 at 5:45 PM logoBlackRock's Hegarty Says Inflation Sparked BOE Dissent - June 15 at 5:45 PM logoWhere Does Top Asset Manager BlackRock See Opportunities? - June 15 at 5:45 PM logo$5.31 Earnings Per Share Expected for BlackRock, Inc. (BLK) This Quarter - June 14 at 6:22 PM logoBlackRock® Canada Announces June Cash Distributions for the iShares® ETFs - June 14 at 10:50 AM logoOne of BlackRock's longest-serving mutual fund managers to retire -memo - Nasdaq - June 13 at 11:03 PM logoThe New Face Of Active Investing - June 13 at 1:00 PM logoOne of BlackRock's longest-serving mutual fund managers to retire - June 13 at 8:28 AM logoBlackRock Reaches Analyst Target Price - June 12 at 5:01 PM logoBlackRock Urges Exxon to Increase Transparency on Climate Change - June 12 at 5:01 PM logoBlackRock urges Exxon to disclose more about climate change-related risks - Reuters - June 9 at 9:34 PM



BlackRock (BLK) Chart for Sunday, June, 25, 2017

This page was last updated on 6/25/2017 by Staff