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: Investment Management & Fund Operators - NEC
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BLK
  • CUSIP: 09247X10
  • Web:
  • Market Cap: $69.00729 billion
  • Outstanding Shares: 162,868,000
Average Prices:
  • 50 Day Moving Avg: $423.59
  • 200 Day Moving Avg: $394.28
  • 52 Week Range: $336.84 - $442.84
  • Trailing P/E Ratio: 20.47
  • Foreward P/E Ratio: 16.98
  • P/E Growth: 1.40
Sales & Book Value:
  • Annual Revenue: $11.52 billion
  • Price / Sales: 6.03
  • Book Value: $178.38 per share
  • Price / Book: 2.39
  • Annual Dividend: $10.00
  • Dividend Yield: 2.3%
  • EBIDTA: $5.05 billion
  • Net Margins: 29.92%
  • Return on Equity: 11.79%
  • Return on Assets: 1.52%
  • Debt-to-Equity Ratio: 1.23%
  • Current Ratio: 3.27%
  • Quick Ratio: 3.27%
  • Average Volume: 604,703 shs.
  • Beta: 1.71
  • Short Ratio: 3.35

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 declared a quarterly dividend on Thursday, May 25th. Shareholders 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 2.34%. The ex-dividend date is Thursday, June 1st. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

BlackRock declared that its board has approved a share repurchase program on Friday, April 7th 2017, which permits the company to buyback 6,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its earnings results on Monday, July, 17th. The company reported $5.24 EPS for the quarter, missing the consensus estimate of $5.39 by $0.15. The firm earned $2.97 billion during the quarter, compared to analysts' expectations of $3.01 billion. BlackRock had a return on equity of 11.79% and a net margin of 29.92%. The firm's revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.78 earnings per share. View BlackRock's Earnings History.

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

12 brokerages have issued 12-month price objectives for BlackRock's stock. Their predictions range from $387.00 to $534.00. On average, they anticipate BlackRock's share price to reach $436.00 in the next twelve months. 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 number of of institutional and retail investors. Top institutional shareholders include NORGES BANK (4.99%), Chevy Chase Trust Holdings Inc. (0.07%), Fisher Asset Management LLC (0.07%), National Pension Service (0.06%), US Bancorp DE (0.06%) and Bartlett & Co. LLC (0.05%). 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 Bartlett & Co. LLC, Exxonmobil Investment Management Inc. TX, OLD National Bancorp IN, Nisa Investment Advisors LLC, Boyd Watterson Asset Management LLC OH, BB&T Corp, US Bancorp DE and Capstone Asset Management Co.. 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 purchased by a variety of institutional investors in the last quarter, including Mn Services Vermogensbeheer B.V., CHURCHILL MANAGEMENT Corp, Harvey Capital Management Inc., Chemung Canal Trust Co., Bank of Montreal Can, National Pension Service, Capital Investment Advisors LLC and B & T Capital Management DBA Alpha Capital Management. 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 $426.46.

MarketBeat Community Rating for BlackRock (NYSE BLK)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  488 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  883
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: $436.00 (2.24% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Morgan StanleyReiterated RatingOverweight$460.00 -> $476.00LowView Rating Details
7/18/2017Deutsche Bank AGReiterated RatingBuy$465.00 -> $455.00LowView Rating Details
7/18/2017Credit Suisse GroupReiterated RatingOutperform$534.00LowView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingHold$440.00HighView Rating Details
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$380.00 -> $425.00LowView Rating Details
6/19/2017Bank of America CorporationReiterated RatingBuy$450.00LowView Rating Details
5/17/2017Jefferies Group LLCReiterated RatingHold$387.00LowView Rating Details
3/8/2017J P Morgan Chase & CoReiterated RatingBuyLowView Rating Details
1/25/2017Citigroup Inc.Boost 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
10/21/2016ArgusReiterated RatingBuy$400.00N/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 7/20/2015 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
7/17/2017Q2 2017$5.39$5.24$3.01 billion$2.97 billionViewN/AView Earnings Details
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: $21.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$4.93$4.97$4.95
Q2 20173$5.16$5.45$5.32
Q3 20173$5.26$5.71$5.42
Q4 20173$5.50$6.25$5.75
(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:2.34%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:47.98% (Trailing 12 Months of Earnings)
45.41% (Based on This Year's Estimates)
39.81% (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: 80.85%
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
7/18/2017Jeff A. SmithInsiderSell522$421.52$220,033.44View SEC Filing  
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 logoBlackRock, Inc. (BLK) Insider Jeff A. Smith Sells 522 Shares - July 19 at 7:38 PM logoNew York's DiNapoli asks Dimon to back off a proxy reform - Reuters - July 19 at 5:47 PM logoStrong ETF Inflows Boost BlackRock Earnings - July 19 at 5:47 PM logoStock Market News for July 18, 2017 - July 18 at 6:02 PM logoBlackRock Bond Funds Enter Smart-Beta ETF Market - July 18 at 6:02 PM logoBlackRock's Current Share Price Doesn't Capture Its Long-Term Growth Prospects - July 18 at 6:02 PM logoBlackRock's (NYSE:BLK) "Overweight" Rating Reaffirmed at Morgan Stanley - July 18 at 3:38 PM logoDeutsche Bank AG Reiterates "Buy" Rating for BlackRock, Inc. (BLK) - July 18 at 1:53 PM logoBlackRock: Political fears are dampening US investor appetite for risk - July 18 at 4:13 AM
News IconBlackRock reports a massive influx of cash into its low-cost funds — but misses on revenue - July 18 at 3:03 AM logoBlackrock Q2 Results Rise, But Miss Estimates - July 18 at 3:03 AM logoBlackRock's Q2 Earnings Miss Estimates, Revenues Rise - July 18 at 3:03 AM logoBlackRock CEO Fink sees U.S. falling short of 3 percent growth - July 18 at 3:03 AM logoUS STOCKS-Wall St slightly up as earnings season picks up pace - July 18 at 3:03 AM logoEdited Transcript of BLK earnings conference call or presentation 17-Jul-17 12:30pm GMT - July 18 at 3:03 AM logo[$$] BlackRock’s Earnings Rise On Stronger Inflows - July 18 at 3:03 AM logoBlackRock CEO Fink sees US falling short of 3 percent growth - Reuters - July 17 at 10:02 PM
News IconThe head of $5.7 trillion fund giant BlackRock says the biggest trend in investing is just getting started - July 17 at 8:14 PM logoBlackrock Q2 Results Rise, But Miss Estimates - Nasdaq - July 17 at 5:00 PM logoBUZZ-US STOCKS ON THE MOVE- Blue Apron, Repros, BlackRock, Sevcon, FedEx - Nasdaq - July 17 at 4:59 PM logoLack of voting rights may keep Snap, others from MSCI indexes - Reuters - July 17 at 12:27 PM logoMid-Morning Market Update: Markets Edge Higher; BlackRock Profit Misses Views - Benzinga - July 17 at 12:27 PM logoBlackRock's (BLK) Q2 Earnings Miss Estimates, Revenues Rise - Nasdaq - July 17 at 12:27 PM logoBlackRock second-quarter profit rises 8.6 percent - Reuters - July 17 at 12:27 PM logoBUZZ-US STOCKS ON THE MOVE- Blue Apron, Sevcon, Repros, Blackrock - Nasdaq - July 17 at 12:27 PM logoLow-fee BlackRock funds reel in cash but earnings disappoint - Reuters - July 17 at 12:27 PM logoBlackRock's iShares ETF business posts record inflows, assets top $1.5 trillion - July 17 at 12:27 PM logoBlackRock's portfolio rose 16% in the second quarter, but earnings miss - July 17 at 12:27 PM logoLarry Fink Says Dark Clouds for U.S. Economy Aren't Waning - July 17 at 12:27 PM logoBlackrock Earnings Miss Estimates As Price Cuts Hit Fee Revenue - July 17 at 12:27 PM logoBlackRock (BLK) Q2 Earnings Lag Estimates as Expenses Rise - July 17 at 12:27 PM logoBlackRock's financials increased in Q2 but still missed e... - July 17 at 12:27 PM logo[$$] BlackRock attracts $104bn in new client money in second quarter - July 17 at 12:27 PM logoTechnology Will Change the Entire Ecosystem of What We Do: BlackRock's Fink - July 17 at 12:27 PM logoUS STOCKS-Wall St holds steady as investors await big earnings - July 17 at 12:26 PM logoLow-fee BlackRock funds reel in cash but earnings disappoint - July 17 at 12:26 PM logoBlackRock misses Street 2Q forecasts - July 17 at 12:26 PM logoHuman fund managers may still control more trading than people think - July 17 at 12:26 PM logoBlackRock: Performance Fees Drag - July 17 at 12:26 PM logo[$$] BlackRock's Earnings Rise On Stronger Inflows - July 17 at 12:26 PM logoBlackRock Shares Plunge as ETF Push Cuts Into Profit Margins - July 17 at 12:26 PM logoBlackRock Is The ' Of ETFs' But That Isn't Enough To Boost Earnings - July 17 at 11:35 AM logoBlackRock, Inc. (NYSE:BLK) Announces Quarterly Earnings Results, Misses Estimates By $0.12 EPS - July 17 at 10:56 AM logoBlackRock Finds Being the of ETFs Is Tough on Revenue - July 17 at 10:09 AM logoBlackRock earnings and revenue miss, shares slip - July 17 at 6:51 AM logoBlackRock's Moore Doesn’t See End for Bull Market - July 16 at 4:14 PM logoCan The Bull Keep Running In The Second Half? Experts Weigh In - July 16 at 4:14 PM logoShould You Buy BlackRock (BLK) Ahead of Earnings? - July 16 at 4:14 PM logoCan Q2 Earnings Propel BlackRock (BLK) Stock to New Highs? - July 16 at 4:14 PM logoKeefe, Bruyette & Woods Reiterates Hold Rating for BlackRock, Inc. (BLK) - July 15 at 2:21 PM



BlackRock (BLK) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by Staff