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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone212-810-5300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.20 billion
Profitability
Miscellaneous
Employees14,900
Next Earnings Date10/15/2019 (Estimated)
OptionableOptionable
BlackRock (NYSE:BLK) Frequently Asked Questions
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 Wednesday, July 17th. Investors of record on Thursday, September 5th will be given a dividend of $3.30 per share on Tuesday, September 24th. This represents a $13.20 annualized dividend and a yield of 3.15%. The ex-dividend date is Wednesday, September 4th. View BlackRock's Dividend History.
How were BlackRock's earnings last quarter?
BlackRock, Inc. (NYSE:BLK) released its quarterly earnings results on Friday, July, 19th. The asset manager reported $6.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $6.52 by $0.11. The asset manager earned $3.52 billion during the quarter, compared to the consensus estimate of $3.57 billion. BlackRock had a return on equity of 13.24% and a net margin of 30.25%. The company's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $6.66 EPS. View BlackRock's Earnings History.
When is BlackRock's next earnings date?
What price target have analysts set for BLK?
13 brokerages have issued 1-year price targets for BlackRock's shares. Their forecasts range from $405.36 to $553.00. On average, they expect BlackRock's share price to reach $499.6967 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for BlackRock.
What is the consensus analysts' recommendation for BlackRock?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.
Has BlackRock been receiving favorable news coverage?
Press coverage about BLK stock has been trending positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. BlackRock earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for BlackRock.
Are investors shorting BlackRock?
BlackRock saw a decrease in short interest in July. As of July 31st, there was short interest totalling 1,450,900 shares, a decrease of 8.5% from the June 30th total of 1,585,800 shares. Based on an average daily trading volume, of 493,500 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.0% of the shares of the stock are short sold. View BlackRock's Current Options Chain.
Who are some of BlackRock's key competitors?
Some companies that are related to BlackRock include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), MarketAxess (MKTX), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Futu (FHL) and Waddell & Reed Financial (WDR).
What other stocks do shareholders of BlackRock own?
Who are BlackRock's key executives?
BlackRock's management team includes the folowing people:
- Mr. Laurence Douglas Fink, Chairman & CEO (Age 66)
- Mr. Robert Steven Kapito, Pres & Director (Age 63)
- Mr. Gary Stephen Shedlin, Sr. MD & CFO (Age 56)
- Mr. Robert Lawrence Goldstein, Sr. MD, COO & Global Head of BlackRock Solutions (Age 45)
- Mr. J. Richard Kushel, Sr. MD and Head of Multi-Asset Strategies & Global Fixed Income Groups (Age 52)
Who are BlackRock's major shareholders?
BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.78%), BlackRock Inc. (4.95%), Morgan Stanley (1.29%), Northern Trust Corp (1.10%), Bank of New York Mellon Corp (0.70%) and Charles Schwab Investment Management Inc. (0.59%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William E Ford. 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 Balyasny Asset Management LLC, Nomura Asset Management Co. Ltd., Toronto Dominion Bank, Quest Capital Management Inc. ADV, Stevens Capital Management LP, Vanguard Group Inc., Ellis Investment Partners LLC and Schroder Investment Management Group. 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.
Which major investors are buying BlackRock stock?
BLK stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Invesco Ltd., Amundi Pioneer Asset Management Inc., BlackRock Inc., LA Financiere DE L Echiquier, CIBC Private Wealth Group LLC and Man Group plc. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan and William E Ford. View Insider Buying and Selling for BlackRock.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BlackRock's stock price today?
One share of BLK stock can currently be purchased for approximately $419.00.
How big of a company is BlackRock?
BlackRock has a market capitalization of $64.77 billion and generates $14.20 billion in revenue each year. The asset manager earns $4.31 billion in net income (profit) each year or $26.93 on an earnings per share basis. BlackRock employs 14,900 workers across the globe.View Additional Information About BlackRock.
What is BlackRock's official website?
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]
MarketBeat Community Rating for BlackRock (NYSE BLK)
MarketBeat's community ratings are surveys of what our community members think about BlackRock and other stocks. Vote "Outperform" if you believe BLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
