NYSE:BLKBlackRock Stock Price, Forecast & News

BlackRock's stock was trading at $430.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BLK stock has increased by 27.8% and is now trading at $550.67. View which stocks have been most 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 Friday, July 17th 2020. View our earnings forecast for BlackRock.

BlackRock will be holding an earnings conference call on Friday, July 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings data on Thursday, April, 16th. The asset manager reported $6.60 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $6.36 by $0.24. The asset manager had revenue of $3.71 billion for the quarter, compared to analysts' expectations of $3.68 billion. BlackRock had a net margin of 28.38% and a return on equity of 13.62%. BlackRock's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.61 EPS. View BlackRock's earnings history.

BlackRock announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 5th will be paid a dividend of $3.63 per share on Tuesday, June 23rd. This represents a $14.52 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Thursday, June 4th. View BlackRock's dividend history.

11 brokerages have issued twelve-month price objectives for BlackRock's shares. Their forecasts range from $383.00 to $630.00. On average, they anticipate BlackRock's stock price to reach $536.82 in the next year. This suggests that the stock has a possible downside of 2.5%. View analysts' price targets for BlackRock.

News coverage about BLK stock has been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BlackRock earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about BlackRock.

BlackRock saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,310,000 shares, a decline of 14.8% from the June 15th total of 2,710,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the short-interest ratio is presently 1.6 days. Currently, 1.5% 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), Ameriprise Financial (AMP), Northern Trust (NTRS), 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 Main Street Capital (MAIN). View all competitors.

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 a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.18%), DNB Asset Management AS (0.09%), State of Alaska Department of Revenue (0.02%), Carnegie Capital Asset Management LLC (0.02%), Park National Corp OH (0.02%) and First Financial Bank Trust Division (0.01%). Company insiders that own BlackRock stock include Christopher J Meade, Gary Shedlin, J Richard Kushel, Jeff A Smith, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Mark Wiedman, Rachel Lord, Robert Kapito, 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 DNB Asset Management AS, Park National Corp OH, Chemung Canal Trust Co., Starfire Investment Advisers Inc., Clarus Wealth Advisors, Richard P Slaughter Associates Inc, Rockland Trust Co., and Farmers & Merchants Trust Co of Chambersburg PA. 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, Robert Kapito, 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 Envestnet Asset Management Inc., State of Alaska Department of Revenue, Silverleafe Capital Partners LLC, Platte River Wealth Advisors LLC, Farmers Trust Co., Cypress Capital Group, Sanders Morris Harris LLC, and First Financial Bank Trust Division. 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 $550.67.

BlackRock has a market capitalization of $84.95 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.

The official website for BlackRock is 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]