AAPL   329.75 (+2.31%)
MSFT   185.69 (+1.51%)
FB   230.71 (+1.95%)
GOOGL   1,439.28 (+1.77%)
NVDA   354.60 (+1.05%)
BABA   219.54 (+0.69%)
GE   8.23 (+6.33%)
TSLA   873.78 (+1.09%)
GILD   77.24 (-0.39%)
DIS   126.70 (+2.43%)
NFLX   414.05 (-0.07%)
BAC   28.43 (+6.12%)
BA   215.30 (+16.82%)
AAPL   329.75 (+2.31%)
MSFT   185.69 (+1.51%)
FB   230.71 (+1.95%)
GOOGL   1,439.28 (+1.77%)
NVDA   354.60 (+1.05%)
BABA   219.54 (+0.69%)
GE   8.23 (+6.33%)
TSLA   873.78 (+1.09%)
GILD   77.24 (-0.39%)
DIS   126.70 (+2.43%)
NFLX   414.05 (-0.07%)
BAC   28.43 (+6.12%)
BA   215.30 (+16.82%)
AAPL   329.75 (+2.31%)
MSFT   185.69 (+1.51%)
FB   230.71 (+1.95%)
GOOGL   1,439.28 (+1.77%)
NVDA   354.60 (+1.05%)
BABA   219.54 (+0.69%)
GE   8.23 (+6.33%)
TSLA   873.78 (+1.09%)
GILD   77.24 (-0.39%)
DIS   126.70 (+2.43%)
NFLX   414.05 (-0.07%)
BAC   28.43 (+6.12%)
BA   215.30 (+16.82%)
AAPL   329.75 (+2.31%)
MSFT   185.69 (+1.51%)
FB   230.71 (+1.95%)
GOOGL   1,439.28 (+1.77%)
NVDA   354.60 (+1.05%)
BABA   219.54 (+0.69%)
GE   8.23 (+6.33%)
TSLA   873.78 (+1.09%)
GILD   77.24 (-0.39%)
DIS   126.70 (+2.43%)
NFLX   414.05 (-0.07%)
BAC   28.43 (+6.12%)
BA   215.30 (+16.82%)
Log in

NYSE:BLKBlackRock Stock Price, Forecast & News

$559.42
+13.23 (+2.42 %)
(As of 06/5/2020 11:56 AM ET)
Add
Compare
Today's Range
$551.62
Now: $559.42
$560.45
50-Day Range
$443.07
MA: $498.07
$547.71
52-Week Range
$323.98
Now: $559.42
$576.81
Volume435,128 shs
Average Volume2.53 million shs
Market Capitalization$86.30 billion
P/E Ratio20.72
Dividend Yield2.65%
Beta1.28
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. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
Read More
BlackRock logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.0Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 out of 5 stars


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$32.36 per share
Book Value$217.74 per share

Profitability

Net Income$4.48 billion

Miscellaneous

Employees16,200
Market Cap$86.30 billion
Next Earnings Date7/17/2020 (Estimated)
OptionableOptionable

Receive BLK News and Ratings via Email

Sign-up to receive the latest news and ratings for BLK and its competitors with MarketBeat's FREE daily newsletter.

BlackRock (NYSE:BLK) Frequently Asked Questions

How has BlackRock's stock been impacted by COVID-19 (Coronavirus)?

BlackRock's stock was trading at $430.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BLK shares have increased by 29.8% and is now trading at $559.42. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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." View analyst ratings for BlackRock.

When is BlackRock's next earnings date?

BlackRock is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for BlackRock.

How were BlackRock's earnings last quarter?

BlackRock, Inc. (NYSE:BLK) released its quarterly earnings results on Thursday, April, 16th. The asset manager reported $6.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $6.36 by $0.24. The asset manager had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.68 billion. BlackRock had a return on equity of 13.62% and a net margin of 28.38%. BlackRock's revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $6.61 EPS. View BlackRock's earnings history.

How often does BlackRock pay dividends? What is the dividend yield for BlackRock?

BlackRock announced 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 2.60%. The ex-dividend date of this dividend is Thursday, June 4th. View BlackRock's dividend history.

What price target have analysts set for BLK?

11 brokerages have issued 1 year target prices for BlackRock's shares. Their forecasts range from $383.00 to $605.00. On average, they anticipate BlackRock's stock price to reach $517.73 in the next year. This suggests that the stock has a possible downside of 7.5%. View analysts' price targets for BlackRock.

Has BlackRock been receiving favorable news coverage?

News stories about BLK stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BlackRock earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the asset manager a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the near term. View the latest news aboutBlackRock.

Are investors shorting BlackRock?

BlackRock saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,800,000 shares, an increase of 24.1% from the April 15th total of 1,450,000 shares. Based on an average daily volume of 990,900 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.2% of the shares of the company 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 following 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)

What is BlackRock's stock symbol?

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

Who are BlackRock's major shareholders?

BlackRock's stock is owned by a number of retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (21.96%), BlackRock Inc. (5.33%), Capital World Investors (3.93%), State Street Corp (3.22%), Wellington Management Group LLP (3.06%) and Wells Fargo & Company MN (1.41%). 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.

Which major investors are selling BlackRock stock?

BLK stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Clearbridge Investments LLC, Flossbach Von Storch AG, State Street Corp, Federated Hermes Inc., Manning & Napier Group LLC, London Co. of Virginia, and Prudential PLC. 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.

Which major investors are buying BlackRock stock?

BLK stock was purchased by a variety of institutional investors in the last quarter, including Girard Partners LTD., Nuveen Asset Management LLC, Capital International Investors, BlackRock Inc., Lord Abbett & CO. LLC, Samlyn Capital LLC, Advisor Group Holdings Inc., and Korea Investment CORP. View insider buying and selling activity 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 $559.42.

How big of a company is BlackRock?

BlackRock has a market capitalization of $86.30 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.

What is BlackRock's official website?

The official website for BlackRock is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.