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NYSE:BLK - BlackRock Stock Price, Forecast & News

$557.00
-9.92 (-1.75 %)
(As of 02/23/2020 03:43 PM ET)
Today's Range
$555.00
Now: $557.00
$564.85
50-Day Range
$503.57
MA: $536.74
$572.48
52-Week Range
$403.54
Now: $557.00
$576.81
Volume494,166 shs
Average Volume558,740 shs
Market Capitalization$85.98 billion
P/E Ratio19.57
Dividend Yield2.33%
Beta1.53
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. Read More…

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP09247X10
Phone212-810-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.54 billion
Cash Flow$29.16 per share
Book Value$205.85 per share

Profitability

Net Income$4.48 billion

Miscellaneous

Employees14,900
Market Cap$85.98 billion
Next Earnings Date4/21/2020 (Estimated)
OptionableOptionable

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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, January 29th. Stockholders of record on Thursday, March 5th will be given a dividend of $3.63 per share on Monday, March 23rd. This represents a $14.52 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a boost from BlackRock's previous quarterly dividend of $3.30. View BlackRock's Dividend History.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) released its earnings results 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 analyst estimates of $3.81 billion. BlackRock had a net margin of 30.79% and a return on equity of 14.05%. BlackRock's revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $6.08 EPS. View BlackRock's Earnings History.

When is BlackRock's next earnings date?

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for BlackRock.

What price target have analysts set for BLK?

11 brokers have issued twelve-month price targets for BlackRock's shares. Their forecasts range from $485.00 to $621.00. On average, they anticipate BlackRock's share price to reach $552.45 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for BlackRock.

What is the consensus analysts' recommendation for BlackRock?

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.

Has BlackRock been receiving favorable news coverage?

News stories about BLK stock have been trending negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing 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 coverage optimism score of -2.4 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for BlackRock.

Who are some of BlackRock's key competitors?

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 a variety of of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (22.04%), Capital World Investors (4.77%), State Street Corp (3.31%), Capital International Investors (1.16%), Massachusetts Financial Services Co. MA (1.15%) and Geode Capital Management LLC (1.05%). 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.

Which institutional investors are selling BlackRock stock?

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 for BlackRock.

Which institutional investors are buying BlackRock stock?

BLK stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, FMR LLC, Ladenburg Thalmann Financial Services Inc., Madison Asset Management LLC, FIL Ltd, Geode Capital Management LLC, Artemis Investment Management LLP and Johanson Financial Advisors Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is BlackRock's stock price today?

One share of BLK stock can currently be purchased for approximately $557.00.

How big of a company is BlackRock?

BlackRock has a market capitalization of $85.98 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 14,900 workers across the globe.View Additional Information About BlackRock.

What is BlackRock's official website?

The official website for BlackRock is http://www.blackrock.com/.

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  960 (Vote Outperform)
Underperform Votes:  665 (Vote Underperform)
Total Votes:  1,625
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.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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