NYSE:BLK - BlackRock Stock Price, Price Target & More

BlackRock trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLK."

BlackRock announced a quarterly dividend on Tuesday, July 17th. Shareholders of record on Friday, September 7th will be paid a dividend of $3.13 per share on Monday, September 24th. This represents a $12.52 annualized dividend and a dividend yield of 2.48%. This is an increase from BlackRock's previous quarterly dividend of $2.88. View BlackRock's Dividend History.

BlackRock announced that its Board of Directors has authorized a share buyback plan on Friday, April 7th 2017, which permits the company to buyback 6,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

BlackRock, Inc. (NYSE:BLK) announced its quarterly earnings results on Monday, July, 16th. The asset manager reported $6.66 EPS for the quarter, beating analysts' consensus estimates of $6.55 by $0.11. The asset manager had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.58 billion. BlackRock had a net margin of 38.97% and a return on equity of 13.29%. BlackRock's quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $5.24 earnings per share. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, October, 9th 2018. View Earnings Estimates for BlackRock.

11 brokers have issued 1-year price targets for BlackRock's shares. Their predictions range from $547.00 to $682.00. On average, they anticipate BlackRock's stock price to reach $597.2727 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to BlackRock include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab Co. Common Stock (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Interactive Brokers Group (IBKR), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR) and Wisdom Tree Investments (WETF).

News articles about BLK stock have trended somewhat positive recently, according to Accern. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock earned a coverage optimism score of 0.02 on Accern's scale. They also assigned media headlines about the asset manager an impact score of 45.16 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

BlackRock's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.20%), Bank of Montreal Can (0.13%), Fisher Asset Management LLC (0.08%), Retirement Systems of Alabama (0.04%), Sabal Trust CO (0.03%) and Windward Capital Management Co. CA (0.03%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, James Grosfeld, Jeff A Smith, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner, William E Ford and William S Demchak. View Institutional Ownership Trends for BlackRock.

BLK stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Bremer Trust National Association, Capital One National Association, Retirement Systems of Alabama, NN Investment Partners Holdings N.V., Boyd Watterson Asset Management LLC OH, Gateway Investment Advisers LLC and Vision Capital Management Inc.. Company insiders that have sold BlackRock company stock in the last year include J Richard Kushel, Jeff A Smith, Marc D Comerchero, Mark Mccombe, Robert L Goldstein, Robert W Fairbairn, Ryan Stork and Susan Wagner. View Insider Buying and Selling for BlackRock.

BLK stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Manning & Napier Group LLC, Assenagon Asset Management S.A., GWM Advisors LLC, Highland Capital Management LLC, Segment Wealth Management LLC, Dubuque Bank & Trust Co. and Tompkins Financial Corp. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan, William E Ford and William S Demchak. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of BLK stock can currently be purchased for approximately $504.42.

BlackRock has a market capitalization of $80.87 billion and generates $12.49 billion in revenue each year. The asset manager earns $4.97 billion in net income (profit) each year or $22.60 on an earnings per share basis. BlackRock employs 13,900 workers across the globe.

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]