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BlackRock (BLK)
NYSE:BLK
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BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$596.18 - $1,032.00
Previous Close$1,007.02
Volume311.22K
Average Volume (3M)515.79K
Market Cap
$149.17B
Enterprise Value$157.79B
Total Cash (Recent Filing)$10.23B
Total Debt (Recent Filing)$16.71B
Price to Earnings (P/E)24.9
Beta1.50
Next Earnings
Jan 10, 2025EPS Estimate
$11.53Last Dividend Ex-Date
Sep 09, 2024Dividend Yield2.02%
Share Statistics
EPS (TTM)40.52
Shares Outstanding148,128,478
10 Day Avg. Volume614,065
30 Day Avg. Volume515,795
Standard Deviation0.08
R-Squared0.68
Alpha0.00194
Financial Highlights & Ratios
Price to Book (P/B)3.72
Price to Sales (P/S)7.98
Price to Cash Flow (P/CF)27.30
P/FCF Ratio25.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.44
Enterprise Value/Gross Profit18.72
Enterprise Value/Ebitda18.23
Forecast
1Y Price Target
$1,063.20Price Target Upside6.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
BlackRock News
Bulls Say, Bears Say
Bulls Say
Growth OpportunitiesThe expectation of 8.3% annualized organic growth in total net flows is significantly ahead of consensus.
Innovative InitiativesBLK announced the launch of a $30b artificial intelligence investment fund, that's focused on building data centers and energy projects to meet the growing demand for computing power.
Strategic AcquisitionsThe planned acquisition of Preqin is encouraging and potentially enables BlackRock to build the indexing of private markets.
Bears Say
EarningsThe acquisition deal could lead to near-term dilution to earnings per share estimates.
Economic RisksKey risks include the US’s economic slowdown, prolonged high market interest rates, noticeable contraction in market liquidity, and a substantial correction in global asset valuation.
Financial FlexibilityBlackRock's financial flexibility is now tighter after recent deals, raising concerns about another acquisition.
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Ownership Overview
0.90% Insiders
22.04% Mutual Funds
0.08% Other Institutional Investors
56.87% 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.
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BLK FAQ
What was BlackRock’s price range in the past 12 months?
BlackRock lowest stock price was $596.18 and its highest was $1032.00 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 Jan 10, 2025 which is in 80 days.
How were BlackRock’s earnings last quarter?
BlackRock released its earnings results on Oct 11, 2024. The company reported $11.46 earnings per share for the quarter, beating the consensus estimate of $10.452 by $1.008.
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 2.02%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $11.53.
How many shares outstanding does BlackRock have?
BlackRock has 148,128,480 shares outstanding.
What happened to BlackRock’s price movement after its last earnings report?
BlackRock reported an EPS of $11.46 in its last earnings report, beating expectations of $10.452. Following the earnings report the stock price went up 3.628%.
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.
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BlackRock Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$1,063.20 (6.26% Upside)
$1,063.20 (6.26% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 157.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $38.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 8.3%
Last 30 Days ▲ 8.3%
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.
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BLK Company Deck
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BLK Earnings Call
Q3 2024
0:00 / 0:00
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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
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BLK Stock 12 Month Forecast
Average Price Target
$1,063.20
▲(6.26% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
30/37 ratings generated profit
1 Year Average Return
+20.33%
reiterated a buy rating 9 days ago
Copying Michael Cyprys's trades and holding each position for 1 Year would result in 81.08% of your transactions generating a profit, with an average return of +20.33% per trade.
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