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. Investors of record on Thursday, June 7th will be paid a dividend of $2.88 per share on Thursday, June 21st. This represents a $11.52 dividend on an annualized basis 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 initiated a share repurchase program on Friday, April 7th 2017, which allows the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

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

12 equities research analysts have issued 12-month target prices for BlackRock's shares. Their predictions range from $450.00 to $682.00. On average, they expect BlackRock's stock price to reach $562.6667 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, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 47.14 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

BlackRock's stock is owned by a number of 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 $526.61.

BlackRock has a market capitalization of $84.01 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]