NYSE:BLK - BlackRock Stock Price, Forecast & News

BlackRock's stock was trading at $430.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BLK shares have increased by 0.8% and is now trading at $434.34. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for BlackRock.

BlackRock is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for BlackRock.

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings data on Wednesday, January, 15th. The asset manager reported $8.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $7.69 by $0.65. The asset manager had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.81 billion. BlackRock had a net margin of 30.79% and a return on equity of 13.86%. The company's quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $6.08 EPS. View BlackRock's earnings history.

BlackRock declared a quarterly dividend on Wednesday, January 29th. Investors of record on Thursday, March 5th will be paid a dividend of $3.63 per share on Monday, March 23rd. This represents a $14.52 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, March 4th. This is an increase from BlackRock's previous quarterly dividend of $3.30. View BlackRock's dividend history.

11 equities research analysts have issued twelve-month target prices for BlackRock's shares. Their forecasts range from $383.00 to $582.00. On average, they anticipate BlackRock's stock price to reach $506.36 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price. View analysts' price targets for BlackRock.

News headlines about BLK stock have trended negative on Sunday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BlackRock earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutBlackRock.

BlackRock saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,421,400 shares, an increase of 6.9% from the February 27th total of 1,330,000 shares. Based on an average trading volume of 683,200 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.0% 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), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Prospect Capital (PSEC).

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

BlackRock's stock is owned by many different institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (22.04%), Capital World Investors (4.77%), State Street Corp (3.31%), Norges Bank (1.57%), Capital International Investors (1.16%) and Massachusetts Financial Services Co. MA (1.15%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, Jeff A Smith, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, Robert L Goldstein 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 Capital World Investors, Amundi Pioneer Asset Management Inc., Panagora Asset Management Inc., Man Group plc, Janus Henderson Group PLC, Bank of New York Mellon Corp, Schonfeld Strategic Advisors LLC, and Morningstar Investment Services 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, Mark Wiedman, and Robert L Goldstein. View insider buying and selling activity for BlackRock.

BLK stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Capital International Investors, Nuveen Asset Management LLC, FMR LLC, Ladenburg Thalmann Financial Services Inc., Madison Asset Management LLC, FIL Ltd, and Geode Capital Management LLC. View insider buying and selling activity 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 $434.34.

BlackRock has a market capitalization of $67.25 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 16,200 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]