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 shares have increased by 28.6% and is now trading at $554.08. 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 results on Thursday, April, 16th. The asset manager reported $6.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $6.36 by $0.24. The asset manager earned $3.71 billion during the quarter, compared to analysts' expectations of $3.68 billion. BlackRock had a return on equity of 13.62% and a net margin of 28.38%. The company's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $6.61 earnings per share. View BlackRock's earnings history.

BlackRock declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 5th will be given a dividend of $3.63 per share on Tuesday, June 23rd. This represents a $14.52 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Thursday, June 4th. View BlackRock's dividend history.

11 brokerages have issued twelve-month price targets for BlackRock's shares. Their forecasts range from $441.00 to $633.00. On average, they anticipate BlackRock's share price to reach $559.55 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View analysts' price targets for BlackRock.

News headlines about BLK stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. 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 -2.6 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent press 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 drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,310,000 shares, a drop of 14.8% from the June 15th total of 2,710,000 shares. Based on an average trading volume of 1,410,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the company's 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 variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.18%), DNB Asset Management AS (0.09%), Manning & Napier Group LLC (0.04%), State of Alaska Department of Revenue (0.02%), Carnegie Capital Asset Management LLC (0.02%) and Park National Corp OH (0.02%). 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, Manning & Napier Group LLC, Whittier Trust Co., Park National Corp OH, Chemung Canal Trust Co., Starfire Investment Advisers Inc., Clarus Wealth Advisors, and Richard P Slaughter Associates Inc. 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 bought 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 $554.08.

BlackRock has a market capitalization of $85.47 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]