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BlackRock (BLK) Competitors

$787.60
+4.77 (+0.61%)
(As of 06/21/2024 ET)

BLK vs. BK, AMP, TROW, STT, NTRS, ARCC, BEN, SEIC, IVZ, and AMG

Should you be buying BlackRock stock or one of its competitors? The main competitors of BlackRock include Bank of New York Mellon (BK), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ares Capital (ARCC), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), and Affiliated Managers Group (AMG). These companies are all part of the "asset management & custody banks" industry.

BlackRock vs.

BlackRock (NYSE:BLK) and Bank of New York Mellon (NYSE:BK) are both large-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, dividends, valuation, earnings, profitability, community ranking, risk, institutional ownership and media sentiment.

BlackRock pays an annual dividend of $20.40 per share and has a dividend yield of 2.6%. Bank of New York Mellon pays an annual dividend of $1.68 per share and has a dividend yield of 2.9%. BlackRock pays out 51.8% of its earnings in the form of a dividend. Bank of New York Mellon pays out 41.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of New York Mellon is clearly the better dividend stock, given its higher yield and lower payout ratio.

BlackRock has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.

80.7% of BlackRock shares are owned by institutional investors. Comparatively, 85.3% of Bank of New York Mellon shares are owned by institutional investors. 0.9% of BlackRock shares are owned by insiders. Comparatively, 0.1% of Bank of New York Mellon shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, BlackRock had 12 more articles in the media than Bank of New York Mellon. MarketBeat recorded 20 mentions for BlackRock and 8 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 1.06 beat BlackRock's score of 0.76 indicating that Bank of New York Mellon is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackRock
11 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of New York Mellon
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

BlackRock received 214 more outperform votes than Bank of New York Mellon when rated by MarketBeat users. Likewise, 72.71% of users gave BlackRock an outperform vote while only 67.15% of users gave Bank of New York Mellon an outperform vote.

CompanyUnderperformOutperform
BlackRockOutperform Votes
1095
72.71%
Underperform Votes
411
27.29%
Bank of New York MellonOutperform Votes
881
67.15%
Underperform Votes
431
32.85%

BlackRock has higher earnings, but lower revenue than Bank of New York Mellon. Bank of New York Mellon is trading at a lower price-to-earnings ratio than BlackRock, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BlackRock$17.86B6.55$5.50B$39.3520.02
Bank of New York Mellon$33.81B1.30$3.29B$4.1014.35

BlackRock presently has a consensus target price of $845.42, suggesting a potential upside of 7.34%. Bank of New York Mellon has a consensus target price of $60.17, suggesting a potential upside of 2.29%. Given BlackRock's stronger consensus rating and higher probable upside, analysts plainly believe BlackRock is more favorable than Bank of New York Mellon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BlackRock
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.80
Bank of New York Mellon
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56

BlackRock has a net margin of 32.26% compared to Bank of New York Mellon's net margin of 9.48%. BlackRock's return on equity of 15.24% beat Bank of New York Mellon's return on equity.

Company Net Margins Return on Equity Return on Assets
BlackRock32.26% 15.24% 4.89%
Bank of New York Mellon 9.48%11.80%1.02%

Summary

BlackRock beats Bank of New York Mellon on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BLK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BLK vs. The Competition

MetricBlackRockSecurity brokers & dealers IndustryFinance SectorNYSE Exchange
Market Cap$116.33B$24.89B$9.78B$17.84B
Dividend Yield2.61%2.57%6.08%3.62%
P/E Ratio20.0217.8739.5721.55
Price / Sales6.555.02157.0714.45
Price / Cash19.0016.2128.0819.18
Price / Book2.962.222.294.82
Net Income$5.50B$920.97M$1.02B$976.34M
7 Day Performance2.37%-0.68%0.08%0.93%
1 Month Performance0.39%-0.73%-1.13%-1.78%
1 Year Performance15.75%37.69%9.47%9.91%

BlackRock Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BK
Bank of New York Mellon
4.4901 of 5 stars
$58.83
0.0%
$60.17
+2.3%
+36.0%$43.99B$33.81B14.3553,400Positive News
High Trading Volume
AMP
Ameriprise Financial
4.922 of 5 stars
$441.26
-0.2%
$450.88
+2.2%
+37.5%$43.83B$15.54B15.0213,800News Coverage
Positive News
TROW
T. Rowe Price Group
4.3627 of 5 stars
$118.42
+0.2%
$112.10
-5.3%
+11.1%$26.44B$6.46B14.067,906Insider Selling
STT
State Street
4.8153 of 5 stars
$72.19
-0.3%
$84.04
+16.4%
+0.0%$21.75B$18.37B13.5246,000Positive News
NTRS
Northern Trust
2.6438 of 5 stars
$82.76
+0.7%
$85.82
+3.7%
+15.3%$16.93B$12.12B18.2723,100Positive News
ARCC
Ares Capital
1.5908 of 5 stars
$20.58
flat
$21.50
+4.5%
+13.3%$12.65B$2.61B7.05N/APositive News
BEN
Franklin Resources
4.6576 of 5 stars
$22.83
+1.0%
$26.00
+13.9%
-10.4%$12.01B$7.85B13.059,200Positive News
SEIC
SEI Investments
4.0885 of 5 stars
$65.80
0.0%
$71.00
+7.9%
+14.1%$8.65B$1.92B17.985,089Positive News
IVZ
Invesco
4.7823 of 5 stars
$15.10
+1.0%
$16.79
+11.2%
-6.7%$6.79B$5.72B-20.138,500Options Volume
Positive News
AMG
Affiliated Managers Group
4.4865 of 5 stars
$156.96
+1.1%
$173.80
+10.7%
+8.8%$5.00B$2.06B8.714,000Positive News
High Trading Volume

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This page (NYSE:BLK) was last updated on 6/23/2024 by MarketBeat.com Staff

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