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BlackRock (IT:1BLK)
MILAN:1BLK
BlackRock (1BLK) Stock Price & Analysis
2 Followers
1BLK Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€556.52 - €794.78
Previous Close€770.8
Volume0.00
Average Volume (3M)22.00
Market Cap
€113.15B
Enterprise Value€120.74B
Total Cash (Recent Filing)$9.37B
Total Debt (Recent Filing)$15.63B
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Oct 15, 2024EPS Estimate
€9.36Last Dividend Ex-Date
Jun 07, 2024Dividend Yield2.4%
Share Statistics
EPS (TTM)N/A
Shares Outstanding148,599,981
10 Day Avg. Volume19
30 Day Avg. Volume22
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)19.56
Price to Sales (P/S)6.12
Price to Cash Flow (P/CF)-71.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.58
Enterprise Value/Gross Profit13.88
Enterprise Value/Ebitda14.41
Forecast
1Y Price Target
€862.03Price Target Upside11.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
BlackRock News
Bulls Say, Bears Say
Bulls Say
Growth And ExpansionBLK accelerates their private markets, technology, and whole portfolio solutions capabilities with the acquisition of Preqin.
Market PositionBLK stock is expected to outperform as the firm takes profitable market share through its secular growth businesses.
Operational PerformanceStrong operating leverage supports margin expansion.
Bears Say
Headcount ManagementManagement's decision to hold headcount flat despite increasing assets under management suggests a cautious approach, potentially limiting growth opportunities.
RedemptionsThe company faced a significant $20 billion redemption due to the merger of Brookfield-American Equity and an additional $35 billion in low fee net redemptions in institutional equity index.
Stock Price TargetThe stock price target has been reduced due to modestly lower base earnings, excluding certain deals and associated leverage.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.71% Other Institutional Investors
98.29% Public Companies and
Individual Investors
1BLK FAQ
What was BlackRock’s price range in the past 12 months?
BlackRock lowest stock price was €556.52 and its highest was €794.78 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 Oct 15, 2024 which is in 87 days.
How were BlackRock’s earnings last quarter?
BlackRock released its earnings results on Jul 15, 2024. The company reported €9.515 earnings per share for the quarter, beating the consensus estimate of €9.151 by €0.365.
Is BlackRock overvalued?
According to Wall Street analysts BlackRock’s price is currently Undervalued.
Does BlackRock pay dividends?
BlackRock pays a Quarterly dividend of €4.68 which represents an annual dividend yield of 2.4%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is €9.36.
How many shares outstanding does BlackRock have?
Currently, no data Available
What happened to BlackRock’s price movement after its last earnings report?
BlackRock reported an EPS of €9.515 in its last earnings report, beating expectations of €9.151. Following the earnings report the stock price went up 0.026%.
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
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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1BLK Company Deck
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1BLK Earnings Call
Q2 2024
0:00 / 0:00
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1BLK 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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1BLK Stock 12 Month Forecast
Average Price Target
€862.03
▲(11.84% Upside)
Technical Analysis
Best Analysts Covering 1BLK
1 Year
1 Year Success Rate
28/35 ratings generated profit
1 Year Average Return
+18.42%
reiterated a buy rating 4 days ago
Copying Michael Cyprys's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +18.42% per trade.
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