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BlackRock (BLK)
NYSE:BLK
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BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$724.54 - $1,068.34
Previous Close$1,024.67
Volume120.60K
Average Volume (3M)516.98K
Market Cap
$161.15B
Enterprise Value$167.85B
Total Cash (Recent Filing)$10.23B
Total Debt (Recent Filing)$16.71B
Price to Earnings (P/E)25.4
Beta1.27
Next Earnings
Jan 10, 2025EPS Estimate
$11.54Last Dividend Ex-Date
Sep 09, 2024Dividend Yield1.97%
Share Statistics
EPS (TTM)40.52
Shares Outstanding154,878,930
10 Day Avg. Volume667,825
30 Day Avg. Volume516,981
Standard Deviation0.08
R-Squared0.68
Alpha0.00262
Financial Highlights & Ratios
Price to Book (P/B)3.97
Price to Sales (P/S)8.68
Price to Cash Flow (P/CF)29.80
P/FCF Ratio28.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.98
Enterprise Value/Gross Profit19.92
Enterprise Value/Ebitda19.13
Forecast
1Y Price Target
$1,065.07Price Target Upside2.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
BlackRock News
PremiumMarket News
Bitcoin ETF Options to Start Trading
PremiumStock Analysis & Ideas
Is Microsoft (NASDAQ:MSFT) Leading in the AI Arms Race?
Bulls Say, Bears Say
Bulls Say
Earnings And Financial PerformanceBlackRock Inc. sees accelerating momentum across its business with 5% organic base fee growth target achieved in the quarter.
Market Position And GrowthBlackRock is well positioned to capture higher diversification demand from investors with its broad product suite, particularly in fixed income and alternatives.
Strategic ExpansionBlackRock is exploring the potential acquisition of HPS Partners, a $117B AUM private credit manager, which could strategically enhance its position in the private credit sector.
Bears Say
EarningsThe acquisition of HPS could be slightly dilutive to BlackRock's earnings per share in the near term.
Financial FlexibilityFinancial flexibility for BlackRock is now tighter post deals, which could impact its ability to pursue future acquisitions.
UncertaintyGiven this is a first-time fund, the announcement lacks specific financial details and the partnership involves a number of parties, creating some uncertainty as to the specific economics to BLK.
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Ownership Overview
0.86% Insiders
16.50% Mutual Funds
0.66% Other Institutional Investors
62.28% 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 $724.54 and its highest was $1068.34 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 50 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 1.97%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $11.54.
How many shares outstanding does BlackRock have?
BlackRock has 154,878,940 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:
$1,065.07 (2.70% Upside)
$1,065.07 (2.70% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 95%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 97.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.77%
12-Months-Change
Fundamentals
Return on Equity
15.22%
Trailing 12-Months
Asset Growth
12.00%
Trailing 12-Months
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
$1,065.07
▲(2.70% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
30/37 ratings generated profit
1 Year Average Return
+20.81%
reiterated a buy rating last month
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 +20.81% per trade.
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