NYSE:BLK - BlackRock Stock Price, News & Analysis

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

BlackRock announced a quarterly dividend on Wednesday, July 17th. Investors of record on Thursday, September 5th will be given a dividend of $3.30 per share on Tuesday, September 24th. This represents a $13.20 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Wednesday, September 4th. View BlackRock's Dividend History.

BlackRock, Inc. (NYSE:BLK) posted its quarterly earnings data on Friday, July, 19th. The asset manager reported $6.41 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $6.52 by $0.11. The asset manager had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.57 billion. BlackRock had a return on equity of 13.24% and a net margin of 30.25%. The firm's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.66 earnings per share. View BlackRock's Earnings History.

BlackRock is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for BlackRock.

13 analysts have issued 1-year price targets for BlackRock's shares. Their forecasts range from $405.36 to $553.00. On average, they anticipate BlackRock's share price to reach $499.6967 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets for BlackRock.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock.

Press coverage about BLK stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. 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 daily sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for BlackRock.

BlackRock saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,450,900 shares, a decline of 8.5% from the June 30th total of 1,585,800 shares. Based on an average daily trading volume, of 493,500 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.0% of the company's stock are sold short. View BlackRock's Current Options Chain.

Some companies that are related to BlackRock include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), MarketAxess (MKTX), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Futu (FHL) and Waddell & Reed Financial (WDR).

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's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.78%), BlackRock Inc. (4.95%), Morgan Stanley (1.29%), Northern Trust Corp (1.10%), Bank of New York Mellon Corp (0.70%) and Charles Schwab Investment Management Inc. (0.59%). Company insiders that own BlackRock stock include Deryck C Maughan, Gary Shedlin, J Richard Kushel, Jeff A Smith, Laurence Fink, Marc D Comerchero, Mark Mccombe, Rachel Lord, Robert L Goldstein, Robert W Fairbairn, Ryan Stork, Susan Wagner 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 Balyasny Asset Management LLC, Nomura Asset Management Co. Ltd., Toronto Dominion Bank, Quest Capital Management Inc. ADV, Stevens Capital Management LP, Vanguard Group Inc., Ellis Investment Partners LLC and Schroder Investment Management Group. 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.

BLK stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Invesco Ltd., Amundi Pioneer Asset Management Inc., BlackRock Inc., LA Financiere DE L Echiquier, CIBC Private Wealth Group LLC and Man Group plc. Company insiders that have bought BlackRock stock in the last two years include Deryck C Maughan and William E Ford. 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 $424.51.

BlackRock has a market capitalization of $65.62 billion and generates $14.20 billion in revenue each year. The asset manager earns $4.31 billion in net income (profit) each year or $26.93 on an earnings per share basis. BlackRock employs 14,900 workers across the globe.View Additional Information About BlackRock.

The official website for BlackRock is http://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]