NYSE:BLK

BlackRock Stock Forecast, Price & News

$864.76
+3.50 (+0.41 %)
(As of 06/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$856.75
$869.43
50-Day Range
$795.32
$887.42
52-Week Range
$528.63
$890.00
Volume526,879 shs
Average Volume625,621 shs
Market Capitalization$131.90 billion
P/E Ratio25.06
Dividend Yield1.92%
Beta1.16
30 days | 90 days | 365 days | Advanced Chart
Receive BLK News and Ratings via Email

Sign-up to receive the latest news and ratings for BlackRock and its competitors with MarketBeat's FREE daily newsletter.


BlackRock logo

About BlackRock

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

2.30 out of 5 stars

Finance Sector

56th out of 1,980 stocks

Security Brokers & Dealers Industry

1st out of 51 stocks

Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











BlackRock (NYSE:BLK) Frequently Asked Questions

Is BlackRock a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BlackRock stock.
View analyst ratings for BlackRock
or view top-rated stocks.

What stocks does MarketBeat like better than BlackRock?

Wall Street analysts have given BlackRock a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackRock wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is BlackRock's next earnings date?

BlackRock is scheduled to release its next quarterly earnings announcement on Friday, July 16th 2021.
View our earnings forecast for BlackRock
.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings data on Wednesday, April, 14th. The asset manager reported $7.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.64 by $0.13. The asset manager had revenue of $4.40 billion for the quarter, compared to analysts' expectations of $4.29 billion. BlackRock had a net margin of 31.52% and a trailing twelve-month return on equity of 15.72%. The firm's revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business earned $6.60 EPS.
View BlackRock's earnings history
.

How has BlackRock's stock price been impacted by Coronavirus (COVID-19)?

BlackRock's stock was trading at $430.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BLK stock has increased by 100.7% and is now trading at $864.76.
View which stocks have been most impacted by COVID-19
.

How often does BlackRock pay dividends? What is the dividend yield for BlackRock?

BlackRock declared a quarterly dividend on Wednesday, May 26th. Stockholders of record on Friday, June 4th will be paid a dividend of $4.13 per share on Wednesday, June 23rd. This represents a $16.52 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, June 3rd.
View BlackRock's dividend history
.

Is BlackRock a good dividend stock?

BlackRock pays an annual dividend of $16.52 per share and currently has a dividend yield of 1.92%. BlackRock does not yet have a strong track record of dividend growth. The dividend payout ratio of BlackRock is 48.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BlackRock will have a dividend payout ratio of 39.05% next year. This indicates that BlackRock will be able to sustain or increase its dividend.
View BlackRock's dividend history.

What price target have analysts set for BLK?

11 equities research analysts have issued twelve-month target prices for BlackRock's stock. Their forecasts range from $675.00 to $1,005.00. On average, they anticipate BlackRock's share price to reach $908.45 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
View analysts' price targets for BlackRock
or view top-rated stocks among Wall Street analysts.

Who are BlackRock's key executives?

BlackRock's management team includes the following people:
  • Mr. Laurence Douglas Fink, Chairman & CEO (Age 69, Pay $11.36M)
  • Mr. Robert Steven Kapito, Pres & Director (Age 65, Pay $9.67M)
  • Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 58, Pay $3.36M)
  • Mr. Robert Lawrence Goldstein, Sr. MD, COO & Global Head of BlackRock Solutions (Age 47, Pay $3.72M)
  • Mr. Mark Kenneth Wiedman, Sr. MD and Head of International & Corp. Strategy (Age 50, Pay $3.19M)
  • Mr. Mark McKenna, Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Mang.
  • Ms. Sandra L. Boss, Sr. MD & Global Head of Investment Stewardship (Age 54)
  • Mr. Marc David Comerchero CPA, CPA, MD & Chief Accounting Officer (Age 48)
  • Mr. Derek N. Stein, Sr. MD and Global Head of Technology & Operations (Age 59)
  • Samantha Tortora, Investor Relations Contact

What is Laurence D. Fink's approval rating as BlackRock's CEO?

1,545 employees have rated BlackRock CEO Laurence D. Fink on Glassdoor.com. Laurence D. Fink has an approval rating of 96% among BlackRock's employees. This puts Laurence D. Fink in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of BlackRock's key competitors?

What other stocks do shareholders of BlackRock own?

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), Micron Technology (MU), NIC (EGOV) and AutoZone (AZO).

What is BlackRock's stock symbol?

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

Who are BlackRock's major shareholders?

BlackRock's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.45%), Capital International Investors (1.80%), Column Capital Advisors LLC (1.77%), Morgan Stanley (1.51%), Ameriprise Financial Inc. (1.40%) and Geode Capital Management LLC (1.37%). Company insiders that own BlackRock stock include Christopher J Meade, Gary Shedlin, J Richard Kushel, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, Robert Kapito and Robert L Goldstein.
View institutional ownership trends for BlackRock
.

Which major investors are selling BlackRock stock?

BLK stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Amundi Asset Management US Inc., Canada Pension Plan Investment Board, HS Management Partners LLC, CIBC Private Wealth Group LLC, Panagora Asset Management Inc., Lord Abbett & CO. LLC, and Royal Bank of Canada. Company insiders that have sold BlackRock company stock in the last year include Christopher J Meade, Gary Shedlin, J Richard Kushel, Laurence Fink, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, and Robert L Goldstein.
View insider buying and selling activity for BlackRock
or view top insider-selling stocks.

Which major investors are buying BlackRock stock?

BLK stock was acquired by a variety of institutional investors in the last quarter, including Column Capital Advisors LLC, Flossbach Von Storch AG, BlackRock Inc., M&G Investment Management Ltd., Samlyn Capital LLC, Alliancebernstein L.P., AQR Capital Management LLC, and Barclays PLC.
View insider buying and selling activity for BlackRock
or or view top insider-buying stocks.

How do I buy shares of BlackRock?

Shares of BLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackRock's stock price today?

One share of BLK stock can currently be purchased for approximately $864.76.

How much money does BlackRock make?

BlackRock has a market capitalization of $131.90 billion and generates $16.21 billion in revenue each year. The asset manager earns $4.93 billion in net income (profit) each year or $33.82 on an earnings per share basis.

How many employees does BlackRock have?

BlackRock employs 16,500 workers across the globe.

Does BlackRock have any subsidiaries?

The following companies are subsidiares of BlackRock: Acero Cooperatief U.A., Acero Holdings I B.V., Amethyst Merger Sub LLC, AnalytX Hosting LLC, AnalytX LLC, AnalytX Software LLC, Aperio, Aperio, Aquila Heywood, Asia-Pacific Private Credit Opportunities Fund I (GenPar) Ltd., BAA Holdings LLC, BFM Holdco LLC, BLK (Gallatin) Holdings LLC, BLK SMI LLC, BR Acquisition Mexico S.A. de C.V., BR Jersey International Holdings L.P., Beijing eFront Software Company Limited, BlackRock (Barbados) Finco 1 SRL, BlackRock (Channel Islands) Limited, BlackRock (Luxembourg) S.A., BlackRock (Netherlands) B.V., BlackRock (Shanghai) Co. Ltd., BlackRock (Singapore) Holdco II Pte. Ltd., BlackRock (Singapore) Holdco Pte. Limited, BlackRock (Singapore) Limited, BlackRock AP Investment Holdco LLC, BlackRock Advisors (UK) Limited, BlackRock Advisors LLC, BlackRock Advisors Singapore Pte. Limited, BlackRock Alternative Advisors GP Holdings LLC, BlackRock Alternatives Management LLC, BlackRock Argentina Asesorias Ltda., BlackRock Asset Management Canada Limited, BlackRock Asset Management Deutschland AG, BlackRock Asset Management International Inc., BlackRock Asset Management Investor Services Limited, BlackRock Asset Management Ireland Limited, BlackRock Asset Management North Asia Limited, BlackRock Asset Management Schweiz AG, BlackRock Asset Management UK Limited, BlackRock Australia Holdco Pty. Ltd., BlackRock Brasil Gestora de Investimentos Ltda., BlackRock Cal 1 Investor LLC, BlackRock Canada Holdings LP, BlackRock Canada Holdings ULC, BlackRock Capital Holdings Inc., BlackRock Capital Investment Advisors LLC, BlackRock Capital Management Inc., BlackRock Cayco Limited, BlackRock Cayman 1 LP, BlackRock Cayman Capital Holdings Limited, BlackRock Cayman Finco 2 Limited, BlackRock Cayman Finco 3 Limited, BlackRock Cayman Finco Limited, BlackRock Cayman West Bay Finco Limited, BlackRock Cayman West Bay IV Limited, BlackRock Cayman Z Limited, BlackRock Channel Islands Holdco Limited, BlackRock Chile Asesorias Limitada, BlackRock Colombia Holdco LLC, BlackRock Colombia Infraestructura S.A.S., BlackRock Colombia SAS, BlackRock Company Secretarial Services (UK) Limited, BlackRock Corporation US Inc., BlackRock Delaware Holdings Inc., BlackRock Enterprise Management Services (Shanghai) Co. Ltd., BlackRock Europe Development Management Limited, BlackRock Execution Services, BlackRock Finance Europe Limited, BlackRock Financial Management Inc., BlackRock Finco LLC, BlackRock Finco UK Ltd., BlackRock First Partner Limited, BlackRock France SAS, BlackRock Fund Advisors, BlackRock Fund Management Company S.A., BlackRock Fund Managers Limited, BlackRock Funding International Ltd., BlackRock Funds Services Group LLC, BlackRock Germany GmBH, BlackRock Group Limited, BlackRock HK Holdco Limited, BlackRock Holdco 2 Inc., BlackRock Holdco 3 LLC, BlackRock Holdco 4 LLC, BlackRock Holdco 5 LLC, BlackRock Holdco 6 LLC, BlackRock Hungary Kft, BlackRock Index Services LLC, BlackRock Infrastructure Management I LLC, BlackRock Institutional Services Inc., BlackRock Institutional Trust Company National Association, BlackRock International Holdings Inc., BlackRock International Limited, BlackRock Investment Management (Australia) Limited, BlackRock Investment Management (Dublin) Limited, BlackRock Investment Management (Korea) Limited, BlackRock Investment Management (Shanghai) Co. Ltd., BlackRock Investment Management (Taiwan) Limited, BlackRock Investment Management (UK) Limited, BlackRock Investment Management Ireland Holdings Limited, BlackRock Investment Management LLC, BlackRock Investments LLC, BlackRock Japan Co. Ltd., BlackRock Japan Holdings GK, BlackRock Jersey Finco 2 Limited, BlackRock Latin America Holdco LLC, BlackRock Latin American Holdings B.V., BlackRock Life Limited, BlackRock Lux Finco S.à r.l., BlackRock Luxembourg Holdco S.à r.l., BlackRock Mexican Holdco B.V., BlackRock Mexico Infraestructura I S. de R.L. de C.V., BlackRock Mexico Infraestructura II S. de R.L. de C.V., BlackRock Mexico Infraestructura III S. de R.L. de C.V., BlackRock Mexico Manager II S. de R.L. de C.V., BlackRock Mexico Manager III S. de R.L. de C.V., BlackRock Mexico Manager S de R.L. de C.V., BlackRock Mexico Operadora S.A. de C.V. Sociedad Operadora de Fondos de Inversion, BlackRock Mortgage Ventures LLC, BlackRock Niagara LLC, BlackRock Operations (Luxembourg) S.à r.l., BlackRock Overseas Investment Fund Management (Shanghai) Co. Ltd., BlackRock PC Holdings LLC, BlackRock Pensions Limited, BlackRock Peru Asesorías S.A., BlackRock Property Consulting (Beijing) Co. Ltd., BlackRock Property France S.a.r.l., BlackRock Property Lux S.à.r.l., BlackRock Property Malaysia Sdn. Bhd., BlackRock Realty Advisors Inc., BlackRock Saudi Arabia, BlackRock Scale Holdings LLC, BlackRock Services India Private Limited, BlackRock Singapore III Pte. Ltd., BlackRock Slovakia s.r.o., BlackRock Strategic Investors GP LLC, BlackRock Strategic Investors LP, BlackRock Trident Holding Company Limited, BlackRock UK (Alpha) Limited, BlackRock UK (Beta) Limited, BlackRock UK (Delta) LP, BlackRock UK (Gamma) Limited, BlackRock UK (Sigma) Limited, BlackRock UK 2 LLP, BlackRock UK 3 LLP, BlackRock UK 4 LLP, BlackRock UK A LLP, BlackRock UK Holdco 2 Limited, BlackRock UK Holdco Limited, Blackhawk Investment Holding LLC, CIE Automotive, Cachematrix Holdings, Cachematrix Holdings LLC, Cachematrix Integrations Private Limited, Cachematrix Software Solutions LLC, Cachematrix UK Limited, FutureAdvisor Inc., Glass Mountain Pipeline, Global Energy & Power Infrastructure Advisors LLC, Global Energy & Power Infrastructure II Advisors LLC, Grosvenor Alternate Partner Limited, Grosvenor Ventures Limited, HLX Financial Holdings LLC, MGPA (Bermuda) Limited, MGPA (Exec) Limited, MGPA Limited, Mercury Carry Company Ltd., Mercury Private Equity MUST 3 (Jersey) Limited, Object Capital Technology Inc., Phoenix Acquisition B.V., Phoenix Acquisitions Holdings LLC, Portfolio Administration & Management Ltd., Prestadora de Servicios Integrales BlackRock Mexico S.A. de C.V., SVOF/MM LLC, St. Albans House Nominees (Jersey) Ltd., State Street Research & Management, Tennenbaum Capital Partners LLC, Tennenbaum Capital Partners LLC, Tlali Acero S.A. de C.V. SOFOM ENR, Trident Merger LLC, eFront, eFront, eFront (Jersey) Limited, eFront DMLT Holdings LLC, eFront DMLT Holdings S.R.L, eFront DR S.R.L, eFront Do Brasil Soluções Informáticas Para Sistemas Financeiros Ltda., eFront FZ-LLC, eFront Financial Solutions Inc., eFront GmbH, eFront Holding II SAS, eFront Holdings SAS, eFront Hong Kong Limited, eFront II SAS, eFront Kabushiki Kaisha, eFront Ltd, eFront SAS, eFront Singapore Pte. Ltd, eFront Software Luxembourg S.à r.l., eFront Solutions Financeières Inc., eFront d.o.o. Beograd, iShares (DE) I Investmentaktiengesellschaft mit Teilgesellschaftsvermogen, and iShares Delaware Trust Sponsor LLC.

When was BlackRock founded?

BlackRock was founded in 1988.

What is BlackRock's official website?

The official website for BlackRock is www.blackrock.com.

Where are BlackRock's headquarters?

BlackRock is headquartered at 55 EAST 52ND STREET, NEW YORK NY, 10055.

How can I contact BlackRock?

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]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.