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BlackRock (BLK)
NYSE:BLK
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BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$745.55 - $1,082.45
Previous Close$1,016.33
Volume2.08M
Average Volume (3M)619.26K
Market Cap
$157.41B
Enterprise Value$166.35B
Total Cash (Recent Filing)$14.04B
Total Debt (Recent Filing)$20.53B
Price to Earnings (P/E)25.1
Beta1.29
Next Earnings
Jan 10, 2025EPS Estimate
$11.44Last Dividend Ex-Date
Dec 05, 2024Dividend Yield1.99%
Share Statistics
EPS (TTM)40.52
Shares Outstanding154,878,930
10 Day Avg. Volume1,033,166
30 Day Avg. Volume619,258
Standard Deviation0.08
R-Squared0.67
Alpha0.00179
Financial Highlights & Ratios
Price to Book (P/B)3.87
Price to Sales (P/S)8.13
Price to Cash Flow (P/CF)28.50
P/FCF Ratio30.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.59
Enterprise Value/Gross Profit19.74
Enterprise Value/Ebitda18.34
Forecast
1Y Price Target
$1,114.75Price Target Upside8.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
BlackRock News
PremiumMarket News
Ethereum ETFs Post Record InflowsBulls Say, Bears Say
Bulls Say
Acquisition ImpactThe acquisition of HPS Investment Partners is expected to significantly expand BlackRock's private markets capabilities, enhancing its growth potential and market presence.
Growth OpportunitiesPrivate credit and infrastructure offer the highest long-term growth opportunities within private markets.
Valuation EnhancementThe shift to private assets is expected to enhance the valuation multiple of BlackRock.
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, raising concerns about another acquisition.
Financial PerformanceThe market in private credit has become more competitive, weighing on spreads and fees.
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Ownership Overview
0.83% Insiders
6.66% Mutual Funds
0.66% Other Institutional Investors
71.71% 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 $745.55 and its highest was $1082.45 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 20 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 $5.099 which represents an annual dividend yield of 1.99%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $11.44.
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:
$1,114.75 (8.37% Upside)
$1,114.75 (8.37% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 96%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 97.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $163.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.45%
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
Earnings Call Sentiment|Positive
BlackRock reported a strong quarter with record net inflows and significant growth in both revenue and operating income. The acquisition of Global Infrastructure Partners and growth in iShares and fixed income products contributed positively. However, challenges included higher expenses and a decline in technology services revenue. Overall, the positive aspects of record financial performance and strategic acquisitions outweigh the lowlights.Read More>---
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
$1,114.75
▲(8.37% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
21/26 ratings generated profit
1 Year Average Return
+22.49%
reiterated a buy rating 3 days ago
Copying William Katz's trades and holding each position for 1 Year would result in 80.77% of your transactions generating a profit, with an average return of +22.49% per trade.
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