Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
BlackRock (BLK)
NYSE:BLK
BlackRock (BLK) Stock Price & Analysis
5,014 Followers
BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$588.58 - $845.00
Previous Close$753.79
Volume427.25K
Average Volume (3M)628.53K
Market Cap
$111.48B
Enterprise Value$119.69B
Total Cash (Recent Filing)$8.74B
Total Debt (Recent Filing)$14.26B
Price to Earnings (P/E)19.2
Beta1.62
Next Earnings
Jul 19, 2024EPS Estimate
$9.95Last Dividend Ex-Date
Mar 06, 2024Dividend Yield2.68%
Share Statistics
EPS (TTM)39.35
Shares Outstanding148,942,491
10 Day Avg. Volume853,987
30 Day Avg. Volume628,527
Standard Deviation0.09
R-Squared0.70
Alpha0.00096
Financial Highlights & Ratios
Price to Book (P/B)20.06
Price to Sales (P/S)6.29
Price to Cash Flow (P/CF)14.00
P/FCF Ratio14.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.36
Enterprise Value/Gross Profit6.70
Enterprise Value/Ebitda15.69
Forecast
1Y Price Target
$909.44Price Target Upside21.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
BlackRock News
Bulls Say, Bears Say
Bulls Say
Acquisition ImpactThe pending GIP acquisition is expected to contribute to organic base fee growth.
Market Share ExpansionBlackRock is set to expand its market share in the highly fragmented market, leveraging its scale for long-term gains.
Product Suite StrengthBlackRock's broad product suite positions it well to capture increased diversification demand from investors during the higher inflation era.
Bears Say
Economic RisksKey Risks: The US’s economic slowdown, prolonged high market interest rates, noticeable contraction in market liquidity, and a substantial correction in global asset valuation.
Financial PerformanceManagement fees missed consensus by 1% due to worse-than-expected fee rate dynamics.
Market TrendsOverall fees remain pressured as higher fee products continue to give way to lower fee funds.
---
Ownership Overview
5.15% Insiders
23.21% Mutual Funds
20.34% Other Institutional Investors
51.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
BLK FAQ
What was BlackRock’s price range in the past 12 months?
BlackRock lowest stock price was $588.58 and its highest was $845.00 in the past 12 months.
What is BlackRock’s market cap?
Currently, no data Available
When is BlackRock’s upcoming earnings report date?
BlackRock’s upcoming earnings report date is Jul 19, 2024 which is in 92 days.
How were BlackRock’s earnings last quarter?
BlackRock released its earnings results on Apr 12, 2024. The company reported $9.81 earnings per share for the quarter, beating the consensus estimate of $9.4 by $0.41.
Is BlackRock overvalued?
According to Wall Street analysts BlackRock’s price is currently Undervalued.
Does BlackRock pay dividends?
BlackRock pays a Quarterly dividend of $5.1 which represents an annual dividend yield of 2.68%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $9.95.
How many shares outstanding does BlackRock have?
BlackRock has 148,942,490 shares outstanding.
What happened to BlackRock’s price movement after its last earnings report?
BlackRock reported an EPS of $9.81 in its last earnings report, beating expectations of $9.4. Following the earnings report the stock price went down -2.87%.
Which hedge fund is a major shareholder of BlackRock?
Among the largest hedge funds holding BlackRock’s share is Fisher Asset Management LLC. It holds BlackRock’s shares valued at 2B.
---
BlackRock Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$909.44 (21.51% Upside)
$909.44 (21.51% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 66.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $85.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Company Description
BlackRock
Founded in 1988, New York-based BlackRock, Inc. is a global investment manager, and offers investment management, risk management, and advisory services for institutions, financial professionals and individuals.
---
BLK Company Deck
---
BLK Earnings Call
Q1 2024
0:00 / 0:00
---
BLK Revenue Breakdown
80.63% Investment advisory, administration fees and securities lending
8.32% Technology services
7.07% Distribution fees
3.10% Performance fees
0.89% Advisory and other
---
BLK Stock 12 Months Forecast
Average Price Target
$909.44
▲(21.51% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
25/34 ratings generated profit
1 Year Average Return
+17.39%
reiterated a buy rating 4 days ago
Copying Michael Cyprys's trades and holding each position for 1 Year would result in 73.53% of your transactions generating a profit, with an average return of +17.39% per trade.
---