BlackRock Company Profile (NYSE:BLK)

About BlackRock (NYSE:BLK)

BlackRock logoBlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management & Fund Operators
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BLK
  • CUSIP: 09247X10
  • Web:
  • Market Cap: $69.60528 billion
  • Outstanding Shares: 162,207,000
Average Prices:
  • 50 Day Moving Avg: $422.45
  • 200 Day Moving Avg: $406.87
  • 52 Week Range: $336.84 - $442.84
  • Trailing P/E Ratio: 20.90
  • Foreward P/E Ratio: 17.35
  • P/E Growth: 1.41
Sales & Book Value:
  • Annual Revenue: $11.52 billion
  • Price / Sales: 6.11
  • Book Value: $182.21 per share
  • Price / Book: 2.38
  • Annual Dividend: $10.00
  • Dividend Yield: 2.3%
  • EBIDTA: $5.06 billion
  • Net Margins: 29.92%
  • Return on Equity: 11.74%
  • Return on Assets: 1.53%
  • Debt-to-Equity Ratio: 1.06%
  • Current Ratio: 3.22%
  • Quick Ratio: 3.22%
  • Average Volume: 497,025 shs.
  • Beta: 1.71
  • Short Ratio: 3.18

Frequently Asked Questions for BlackRock (NYSE:BLK)

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 Thursday, July 20th. Stockholders of record on Tuesday, September 5th will be given a dividend of $2.50 per share on Friday, September 22nd. This represents a $10.00 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Thursday, August 31st. View BlackRock's Dividend History.

How will BlackRock's stock buyback program work?

BlackRock declared that its board has authorized a share buyback plan on Friday, April 7th 2017, which allows the company to buyback 6,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) announced its earnings results on Monday, July, 17th. The company reported $5.24 EPS for the quarter, missing the Zacks' consensus estimate of $5.39 by $0.15. The company had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $3.01 billion. BlackRock had a return on equity of 11.74% and a net margin of 29.92%. The business's revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.78 EPS. View BlackRock's Earnings History.

When will BlackRock make its next earnings announcement?

BlackRock is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for BlackRock.

Where is BlackRock's stock going? Where will BlackRock's stock price be in 2017?

12 equities research analysts have issued 1 year price objectives for BlackRock's shares. Their predictions range from $400.00 to $534.00. On average, they expect BlackRock's stock price to reach $448.00 in the next year. View Analyst Ratings for BlackRock.

Who are some of BlackRock's key competitors?

Who are BlackRock's key executives?

BlackRock's management team includes the folowing people:

  • Laurence D. Fink, Chairman of the Board, Chief Executive Officer
  • Robert S. Kapito, President, Vice Chairman of the Board
  • Robert L. Goldstein, Chief Operating Officer, Senior Managing Director
  • Christopher J. Meade, General Counsel, Senior Managing Director, Managing Director
  • Robert W. Fairbairn, Senior Managing Director
  • J. Richard Kushel, Senior Managing Director , Global Head of Multi-Asset Strategies
  • Mark Seumas McCombe OBE, Senior Managing Director, Head of the Americas region, and Global Head - Alternative Investors
  • Jeffrey A. Smith Ph.D., Senior Managing Director, Head - Global Human Resources
  • Ryan D. Stork, Senior Managing Director, Chairman, Asia Pacific
  • David J. Blumerw, Senior Managing Director, Head - Europe, Middle East and Africa (“EMEA”) region

Who owns BlackRock stock?

BlackRock's stock is owned by a number of of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (21.22%), Vanguard Group Inc. (5.21%), Capital World Investors (4.38%), BlackRock Inc. (4.16%), State Street Corp (3.27%) and FMR LLC (2.15%). Company insiders that own BlackRock stock include Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Laurence Fink, Mark Mccombe, Robert Kapito, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner and William S Demchak. View Institutional Ownership Trends for BlackRock.

Who sold BlackRock stock? Who is selling BlackRock stock?

BlackRock's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Harris Associates L P, Franklin Resources Inc., State Street Corp, American Century Companies Inc., Epoch Investment Partners Inc., Ameriprise Financial Inc. and Northern Trust Corp. Company insiders that have sold BlackRock stock in the last year include Gary Shedlin, J Richard Kushel, Jeff A Smith, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn and Susan Wagner. View Insider Buying and Selling for BlackRock.

Who bought BlackRock stock? Who is buying BlackRock stock?

BlackRock's stock was purchased by a variety of institutional investors in the last quarter, including Third Point LLC, Harbour Capital Advisors LLC, Capital World Investors, Vanguard Group Inc., Principal Financial Group Inc., BlackRock Inc., Quantitative Investment Management LLC and Janus Henderson Group PLC. View Insider Buying and Selling for BlackRock.

How do I buy BlackRock stock?

Shares of BlackRock can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock's stock price today?

One share of BlackRock stock can currently be purchased for approximately $434.07.

MarketBeat Community Rating for BlackRock (NYSE BLK)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  524 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  953
MarketBeat's community ratings are surveys of what our community members think about BlackRock and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BlackRock (NYSE:BLK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $448.00 (3.21% upside)

Analysts' Ratings History for BlackRock (NYSE:BLK)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/8/2017Barclays PLCInitiated CoverageOverweight -> Overweight$475.00LowView Rating Details
8/29/2017Credit Suisse GroupReiterated RatingOutperformLowView Rating Details
8/18/2017Jefferies Group LLCReiterated RatingHold$440.00LowView Rating Details
7/18/2017Morgan StanleyReiterated RatingOverweight$460.00 -> $476.00LowView Rating Details
7/18/2017Deutsche Bank AGReiterated RatingBuy$465.00 -> $455.00LowView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingHold$440.00HighView Rating Details
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$380.00 -> $425.00LowView Rating Details
6/19/2017Bank of America CorporationReiterated RatingBuy$450.00LowView Rating Details
3/8/2017J P Morgan Chase & CoReiterated RatingBuyLowView Rating Details
1/25/2017Citigroup Inc.Boost Price TargetBuy$425.00 -> $430.00N/AView Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$410.00 -> $403.00N/AView Rating Details
10/21/2016ArgusReiterated RatingBuy$400.00N/AView Rating Details
4/17/2016Royal Bank Of CanadaReiterated RatingBuyN/AView Rating Details
1/21/2016Susquehanna Bancshares IncLower Price TargetNeutral$320.00 -> $304.00N/AView Rating Details
1/7/2016Sanford C. BernsteinLower Price TargetOutperform$430.00 -> $415.00N/AView Rating Details
10/15/2015Piper Jaffray CompaniesReiterated RatingHold$357.00 -> $365.00N/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for BlackRock (NYSE:BLK)
Earnings by Quarter for BlackRock (NYSE:BLK)
Earnings History by Quarter for BlackRock (NYSE BLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$5.49N/AView Earnings Details
7/17/2017Q2 2017$5.39$5.24$3.01 billion$2.97 billionViewN/AView Earnings Details
4/19/2017Q1 2017$4.94$5.25$2.86 billion$2.82 billionViewN/AView Earnings Details
1/13/2017Q416$5.02$5.14$2.93 billion$2.89 billionViewN/AView Earnings Details
10/18/2016Q316$4.98$5.14$1.01 billion$2.84 billionViewListenView Earnings Details
7/14/2016Q216$4.79$4.78$2.81 billion$2.80 billionViewListenView Earnings Details
4/14/2016Q116$4.29$4.25$2.73 billion$2.62 billionViewListenView Earnings Details
1/15/2016Q415$4.80$4.75$2.84 billion$2.86 billionViewListenView Earnings Details
10/14/2015Q315$4.51$5.00$2.82 billion$2.91 billionViewListenView Earnings Details
7/15/2015Q215$4.80$4.96$2.85 billion$2.91 billionViewListenView Earnings Details
4/16/2015Q115$4.51$4.89$2.81 billion$2.72 billionViewListenView Earnings Details
1/15/2015Q4$4.68$4.82$2.89 billion$2.78 billionViewListenView Earnings Details
10/15/2014Q314$4.67$5.21$2.84 billion$2.85 billionViewListenView Earnings Details
7/16/2014Q214$4.46$4.89$2.71 billion$2.78 billionViewListenView Earnings Details
4/17/2014Q114$4.10$4.43$2.67 billion$2.67 billionViewListenView Earnings Details
1/16/2014Q413$4.34$4.92$2.69 billion$2.78 billionViewListenView Earnings Details
10/16/2013Q313$3.84$3.88$2.47 billion$2.47 billionViewListenView Earnings Details
7/18/2013Q2 2013$3.87$4.15$2.51 billion$2.48 billionViewListenView Earnings Details
4/16/2013Q1 2013$3.50$3.65$2.42 billion$2.45 billionViewListenView Earnings Details
1/17/2013Q4 2012$3.73$3.96$2.48 billion$2.54 billionViewListenView Earnings Details
10/17/2012$3.29$3.47ViewN/AView Earnings Details
7/18/2012$3.03$3.10ViewN/AView Earnings Details
4/18/2012$3.02$3.16ViewN/AView Earnings Details
1/19/2012$3.02$3.06ViewN/AView Earnings Details
10/19/2011$2.70$2.83ViewN/AView Earnings Details
7/20/2011$2.89$3.00ViewN/AView Earnings Details
4/21/2011$2.77$2.96ViewN/AView Earnings Details
1/25/2011$2.91$3.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for BlackRock (NYSE:BLK)
2017 EPS Consensus Estimate: $21.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$4.93$4.97$4.95
Q2 20173$5.16$5.45$5.32
Q3 20173$5.26$5.71$5.42
Q4 20173$5.50$6.25$5.75
(Data provided by Zacks Investment Research)


Current Dividend Information for BlackRock (NYSE:BLK)
Next Dividend:9/22/2017
Annual Dividend:$10.00
Dividend Yield:2.30%
Dividend Growth:10.90% (3 Year Average)
Payout Ratio:47.98% (Trailing 12 Months of Earnings)
45.54% (Based on This Year's Estimates)
39.97% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for BlackRock (NYSE:BLK)

Dividend History by Quarter for BlackRock (NYSE BLK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BlackRock (NYSE:BLK)
Insider Ownership Percentage: 1.86%
Institutional Ownership Percentage: 82.47%
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Institutional Ownership by Quarter for BlackRock (NYSE:BLK)
Insider Trades by Quarter for BlackRock (NYSE:BLK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/5/2017Robert W. FairbairnInsiderSell3,675$415.31$1,526,264.25View SEC Filing  
7/26/2017Jeff A. SmithInsiderSell250$434.87$108,717.50View SEC Filing  
7/18/2017Jeff A. SmithInsiderSell522$421.52$220,033.44View SEC Filing  
6/2/2017Susan WagnerDirectorSell2,500$414.31$1,035,775.00View SEC Filing  
5/26/2017Mark MccombeInsiderSell500$405.98$202,990.00View SEC Filing  
2/8/2017J. Richard KushelInsiderSell8,573$374.92$3,214,189.16View SEC Filing  
2/3/2017Gary ShedlinCFOSell2,417$375.00$906,375.00View SEC Filing  
2/3/2017Jeff A. SmithInsiderSell5,250$377.00$1,979,250.00View SEC Filing  
2/3/2017Robert L. GoldsteinCOOSell10,374$377.31$3,914,213.94View SEC Filing  
10/27/2016William S DemchakDirectorBuy1,200$341.11$409,332.00View SEC Filing  
10/19/2016Jeff A. SmithInsiderSell125$355.22$44,402.50View SEC Filing  
8/30/2016Mark MccombeDirectorSell1,400$374.92$524,888.00View SEC Filing  
8/29/2016James GrosfeldDirectorSell25,379$374.22$9,497,329.38View SEC Filing  
8/23/2016James GrosfeldDirectorSell25,710$372.97$9,589,058.70View SEC Filing  
8/22/2016James GrosfeldDirectorSell10,911$371.98$4,058,673.78View SEC Filing  
8/3/2016Susan WagnerDirectorSell25,000$368.29$9,207,250.00View SEC Filing  
8/1/2016Ryan StorkInsiderSell1,400$367.24$514,136.00View SEC Filing  
7/29/2016Susan WagnerDirectorSell79,346$366.35$29,068,407.10View SEC Filing  
7/15/2016J. Richard KushelDirectorSell8,000$356.55$2,852,400.00View SEC Filing  
6/1/2016Susan WagnerDirectorSell8,665$365.39$3,166,104.35View SEC Filing  
5/31/2016J. Richard KushelDirectorSell6,039$363.02$2,192,277.78View SEC Filing  
5/9/2016Robert W FairbairnDirectorSell2,000$355.28$710,560.00View SEC Filing  
4/15/2016Jeff A SmithDirectorSell2,650$354.25$938,762.50View SEC Filing  
3/1/2016Laurence FinkCEOSell37,600$321.79$12,099,304.00View SEC Filing  
2/19/2016Robert L. GoldsteinCOOSell10,783$314.85$3,395,027.55View SEC Filing  
2/18/2016Ryan StorkDirectorSell3,000$318.36$955,080.00View SEC Filing  
2/12/2016Robert W. FairbairnDirectorSell5,000$306.21$1,531,050.00View SEC Filing  
11/5/2015Laurence FinkCEOSell42,800$357.56$15,303,568.00View SEC Filing  
10/26/2015Robert KapitoPresidentSell116,069$336.95$39,109,449.55View SEC Filing  
8/31/2015Robert KapitoPresidentSell50,000$303.49$15,174,500.00View SEC Filing  
7/23/2015Laurence FinkCEOSell102,722$350.44$35,997,897.68View SEC Filing  
1/26/2015Jeff A SmithDirectorSell1,000$355.40$355,400.00View SEC Filing  
8/14/2014Mark MccombeDirectorSell3,500$314.00$1,099,000.00View SEC Filing  
4/21/2014Joseph FelicianiInsiderSell1,716$305.67$524,529.72View SEC Filing  
5/30/2013Laurence FinkCEOSell52,616$285.08$14,999,769.28View SEC Filing  
4/18/2013Thomas K MontagDirectorBuy5,000$248.64$1,243,200.00View SEC Filing  
2/4/2013Dennis D DammermanDirectorSell1,794$234.41$420,531.54View SEC Filing  
11/1/2012James GrosfeldDirectorBuy3,600$189.48$682,128.00View SEC Filing  
10/31/2012James GrosfeldDirectorBuy42,400$189.10$8,017,840.00View SEC Filing  
10/25/2012James GrosfeldDirectorBuy41,900$187.18$7,842,842.00View SEC Filing  
10/24/2012James GrosfeldDirectorBuy108,098$189.01$20,431,602.98View SEC Filing  
10/19/2012James GrosfeldDirectorBuy99,998$189.47$18,946,621.06View SEC Filing  
10/18/2012James GrosfeldDirectorBuy200,002$190.66$38,132,381.32View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for BlackRock (NYSE:BLK)
Latest Headlines for BlackRock (NYSE:BLK)
DateHeadline logoBlackRock sells Singapore office tower for US$1.5 bil - September 21 at 11:50 AM logoPitzer College and BlackRock Launch First Ever ESG-Focused, Fossil Fuel-Free Global Equity Index Fund - September 21 at 11:50 AM logoBlackRock Sells Singapore Office Tower for $1.5 Billion - September 21 at 11:50 AM logo[$$] BlackRock to Sell Singapore Office Tower for Nearly $1.6 Billion - September 21 at 11:50 AM logoCapitaLand Commercial to buy Singapore office tower from BlackRock for $1.55 bln - September 21 at 11:50 AM logoBlackRock's Bisat Kept Awake at Night Over Threats to Bond Rally - September 20 at 5:23 PM logoWhat Led to BlackRock’s Downward Sloping Dividend Yield Curve? - September 20 at 5:23 PM logoBlackRock CEO Fink says he is committed to gender diversity - September 20 at 5:23 PM logoBlackRock's Rieder: Investors should expect ECB taper 'early next year' - September 20 at 5:23 PM logoECB to wind down stimulus starting early 2018 -BlackRock's Rieder - September 20 at 5:23 PM logoHere's what BlackRock says will happen after the Fed announcement - September 20 at 12:16 PM logoFormer BlackRock Execs Target Hong Kong ETFs Where Others Failed - September 20 at 2:41 AM logoBlackRock (BLK) and Its Peers Head to Head Contrast - September 20 at 12:16 AM logoBlackRock Says Dana Gas Trying to Block London Sukuk Bond Trial - September 19 at 4:37 PM logoDana Fight With BlackRock to Start Despite U.A.E. Court Order - September 19 at 4:37 PM logo[$$] Dana Gas accused of 'frustrating' sukuk trial in London - September 19 at 4:37 PM logoCritical Comparison: BlackRock (BLK) vs. The Competition - September 19 at 2:20 AM logo3 Zacks Rank #1 BlackRock Mutual Funds to Invest In - September 18 at 4:58 PM logo3 Zacks Rank #1 BlackRock Mutual Funds to Invest In - September 18 at 4:58 PM logoTop U.S. funds took slightly tougher stand on pay, review finds - September 18 at 4:58 PM logoTop U.S. funds took slightly tougher stand on pay, review finds - September 18 at 4:58 PM logo[$$] BlackRock breaks ranks to disclose workforce's ethnic diversity - September 18 at 2:19 AM logoBlackRock, Inc. (BLK) Receives Average Recommendation of "Buy" from Analysts - September 17 at 4:40 AM logoWhat Is BlackRock Inc’s (BLK) Share Price Doing? - September 15 at 5:00 PM logo[$$] Schroders and Janus Henderson to pay for research after Mifid II - September 15 at 5:00 PM logoBlackRock to Pay Costs of External Research Per New EU Rules - - September 14 at 10:15 PM logoBlackRock says to absorb research costs under new EU rules - September 14 at 5:14 PM logoBlackRock to Absorb Cost of Analyst Research Under MiFID II - September 14 at 5:14 PM logoBlackRock to Pay Costs of External Research Per New EU Rules - September 14 at 5:14 PM logo[$$] BlackRock to foot bill for external research under Mifid II - September 14 at 5:14 PM logo[$$] BlackRock reshuffles senior roles in US and Europe - September 14 at 5:14 PM logoBlackRock's Alternatives Business Could Gain Significantly From Potential Calpers Deal - September 14 at 5:14 PM logo[$$] Equity research: soft machine - September 14 at 5:14 PM logoBlackRock to pick up research cost tab under new EU rules - September 14 at 8:21 AM logoBetterment Roboadvisor Partners with Goldman and BlackRock - September 13 at 10:48 PM logoGoldman, BlackRock Offer Dana Deal to End $700 Million Debt Saga - September 13 at 10:48 PM logoBlackRock® Canada Announces September Cash Distributions for the iShares® ETFs - GlobeNewswire (press release) - September 13 at 5:45 PM logoEconomist Schomer Sees Normal Inflation Environment - September 13 at 5:45 PM logoBlackRock, Inc. breached its 50 day moving average in a Bullish Manner : BLK-US : September 13, 2017 - September 13 at 5:45 PM logoBlackstone's Stephen Schwarzman: Issues for market are ge... - September 12 at 4:57 PM
News IconBlackRock, the world's largest asset manager, is reshuffling some of its top execs - September 12 at 11:23 AM logoE*TRADE To BlackRock: Here Are Barclays' New Favorite Financials - Benzinga - September 11 at 5:14 PM logo[$$] Best-known high yield funds 'disappoint' - September 10 at 2:25 AM logoForm SC 13G/A INDEPENDENCE REALTY TRUS Filed by: BlackRock Inc. - September 9 at 4:19 PM logoBarclays PLC Begins Coverage on BlackRock, Inc. (BLK) - September 9 at 1:12 PM logoFinancial Contrast: Oaktree Capital Group (OAK) versus BlackRock (BLK) - September 9 at 10:56 AM logo$3.10 Billion in Sales Expected for BlackRock, Inc. (BLK) This Quarter - September 9 at 1:04 AM logoCalPERS in talks with BlackRock to outsource buyout business: source - Reuters - September 8 at 10:02 PM logoCalPERS in talks with BlackRock to outsource private equity business: source - Reuters - September 8 at 10:02 PM logoBlackRock in talks for Calpers's PE business - Bloomberg - Seeking Alpha - September 8 at 10:02 PM



BlackRock (BLK) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff