NYSE:BLK - BlackRock Stock Price, News, & Analysis

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

BlackRock announced a quarterly dividend on Tuesday, July 17th. Investors of record on Friday, September 7th will be given a dividend of $3.13 per share on Monday, September 24th. This represents a $12.52 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, September 6th. This is a boost from BlackRock's previous quarterly dividend of $2.88. View BlackRock's Dividend History.

BlackRock declared that its Board of Directors has authorized a share repurchase plan on Friday, April 7th 2017, which allows the company to repurchase 6,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

BlackRock, Inc. (NYSE:BLK) posted its earnings results on Tuesday, October, 16th. The asset manager reported $7.52 EPS for the quarter, beating the Zacks' consensus estimate of $6.93 by $0.59. The asset manager had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.65 billion. BlackRock had a return on equity of 13.72% and a net margin of 39.92%. BlackRock's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.76 EPS. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Friday, January 11th 2019. View Earnings Estimates for BlackRock.

12 equities research analysts have issued 12-month target prices for BlackRock's stock. Their predictions range from $440.00 to $682.00. On average, they expect BlackRock's share price to reach $558.1667 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View Analyst Price Targets for BlackRock.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

News coverage about BLK stock has been trending positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BlackRock earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

BlackRock saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,809,118 shares, an increase of 82.4% from the October 15th total of 991,897 shares. Based on an average daily volume of 1,371,901 shares, the short-interest ratio is currently 1.3 days. Currently, 1.2% of the shares of the stock are sold short. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF) and Piper Jaffray Companies (PJC).

BlackRock's stock is owned by many different of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.44%), Capital World Investors (5.23%), BlackRock Inc. (4.77%), Massachusetts Financial Services Co. MA (1.18%), FMR LLC (1.06%) and Bank of New York Mellon Corp (0.73%). 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, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner 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 FMR LLC, Epoch Investment Partners Inc., TD Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp, Massachusetts Financial Services Co. MA, Panagora Asset Management Inc., Bahl & Gaynor Inc. and FIL Ltd. Company insiders that have sold BlackRock company stock in the last year include J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, 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 Capital International Investors, Flossbach Von Storch AG, Capital World Investors, Renaissance Technologies LLC, Bessemer Group Inc., American Century Companies Inc., Canada Pension Plan Investment Board and Public Employees Retirement Association of Colorado. 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.

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 $403.84.

BlackRock has a market capitalization of $65.00 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.

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]