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NYSE:BLK - BlackRock Stock Price, Forecast & News

$529.97
+6.16 (+1.18 %)
(As of 01/29/2020 04:31 AM ET)
Today's Range
$525.15
Now: $529.97
$533.77
50-Day Range
$493.51
MA: $512.31
$541.94
52-Week Range
$401.82
Now: $529.97
$547.35
Volume495,775 shs
Average Volume642,271 shs
Market Capitalization$81.81 billion
P/E Ratio18.62
Dividend Yield2.52%
Beta1.54
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$29.30 per share
Book Value$205.85 per share

Profitability

Net Income$4.48 billion

Miscellaneous

Employees14,900
Market Cap$81.81 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 announced a quarterly dividend on Tuesday, November 19th. Stockholders of record on Friday, December 6th will be paid a dividend of $3.30 per share on Monday, December 23rd. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, December 5th. View BlackRock's Dividend History.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings results on Wednesday, January, 15th. The asset manager reported $8.34 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 14.05% and a net margin of 30.79%. BlackRock's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company posted $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?

12 equities research analysts have issued 1 year price objectives for BlackRock's shares. Their forecasts range from $405.36 to $621.00. On average, they expect BlackRock's stock price to reach $538.45 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for BlackRock.

What is the consensus analysts' recommendation for BlackRock?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 1 hold rating 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?

News coverage about BLK stock has been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring 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 five, with scores nearest to five being the most favorable. BlackRock earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for BlackRock.

Are investors shorting BlackRock?

BlackRock saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,340,000 shares, a decline of 6.9% from the December 15th total of 1,440,000 shares. Based on an average daily trading volume, of 467,000 shares, the short-interest ratio is currently 2.9 days. Currently, 0.9% of the company's stock are sold short. View BlackRock's Current Options Chain.

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 number of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.18%), DNB Asset Management AS (0.13%), New York State Teachers Retirement System (0.10%), Manning & Napier Group LLC (0.09%), Country Trust Bank (0.06%) and Donaldson Capital Management LLC (0.04%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, Jeff A Smith, Jerkovic Milan, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord, Robert L Goldstein, Ryan Stork 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 Manning & Napier Group LLC, DNB Asset Management AS, United Services Automobile Association, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Huntington National Bank, Northern Oak Wealth Management Inc., New York State Teachers Retirement System and CWM 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, Rachel Lord 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 Artemis Investment Management LLP, Johanson Financial Advisors Inc., M&G Investment Management Ltd., Janney Montgomery Scott LLC, Pennsylvania Trust Co, California Public Employees Retirement System, Pensionfund DSM Netherlands and SG Americas Securities LLC. 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 $529.97.

How big of a company is BlackRock?

BlackRock has a market capitalization of $81.81 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:  2.9 out of 5 (star star)
Outperform Votes:  938 (Vote Outperform)
Underperform Votes:  654 (Vote Underperform)
Total Votes:  1,592
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 1/29/2020 by MarketBeat.com Staff

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