NYSE:BLK - BlackRock Stock Price, Forecast & News

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

BlackRock declared a quarterly dividend on Tuesday, November 19th. Shareholders of record on Friday, December 6th will be given a dividend of $3.30 per share on Monday, December 23rd. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Thursday, December 5th. View BlackRock's Dividend History.

BlackRock, Inc. (NYSE:BLK) released its quarterly earnings data on Wednesday, January, 15th. The asset manager reported $8.34 earnings per share for the quarter, topping analysts' consensus estimates of $7.69 by $0.65. The asset manager had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.81 billion. BlackRock had a net margin of 30.79% and a return on equity of 14.05%. The business's revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company earned $6.08 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for BlackRock.

12 analysts have issued 12 month price objectives for BlackRock's stock. Their forecasts range from $405.36 to $621.00. On average, they expect BlackRock's share price to reach $538.45 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for BlackRock.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

News articles about BLK stock have trended positive this week, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. BlackRock earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for BlackRock.

BlackRock saw a decrease in short interest in December. As of December 31st, there was short interest totalling 1,340,000 shares, a decrease of 6.9% from the December 15th total of 1,440,000 shares. Based on an average daily volume of 467,000 shares, the short-interest ratio is currently 2.9 days. Approximately 0.9% of the shares of the stock are short sold. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).

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 many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.13%), Manning & Napier Group LLC (0.09%), Country Trust Bank (0.06%), Donaldson Capital Management LLC (0.04%), Janney Montgomery Scott LLC (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.04%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, Jeff A Smith, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord, Robert L Goldstein, Ryan Stork 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 Manning & Napier Group LLC, DNB Asset Management AS, United Services Automobile Association, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Huntington National Bank, Country Trust Bank, Dubuque Bank & Trust Co. and Nisa Investment Advisors LLC. 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 bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Johanson Financial Advisors Inc., Janney Montgomery Scott LLC, Pennsylvania Trust Co, Pensionfund DSM Netherlands, Pensionfund Sabic, Red Spruce Capital LLC and Howard Capital Management. 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 $529.14.

BlackRock has a market capitalization of $81.68 billion and generates $14.54 billion in revenue each year. The asset manager earns $4.48 billion in net income (profit) each year or $28.48 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]