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BlackRock (BLK)
NYSE:BLK
BlackRock (BLK) Stock Price & Analysis
5,555 Followers
BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$584.72 - $851.88
Previous Close$830.7
Volume128.00K
Average Volume (3M)576.91K
Market Cap
$125.24B
Enterprise Value$131.72B
Total Cash (Recent Filing)$9.37B
Total Debt (Recent Filing)$15.63B
Price to Earnings (P/E)20.6
Beta1.62
Next Earnings
Oct 15, 2024EPS Estimate
$10.19Last Dividend Ex-Date
Jun 07, 2024Dividend Yield2.43%
Share Statistics
EPS (TTM)40.28
Shares Outstanding148,599,981
10 Day Avg. Volume561,302
30 Day Avg. Volume576,911
Standard Deviation0.08
R-Squared0.70
Alpha-0.00040
Financial Highlights & Ratios
Price to Book (P/B)19.56
Price to Sales (P/S)6.55
Price to Cash Flow (P/CF)-71.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.53
Enterprise Value/Gross Profit15.14
Enterprise Value/Ebitda15.72
Forecast
1Y Price Target
$928.00Price Target Upside10.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
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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Ownership Overview
5.14% Insiders
23.61% Mutual Funds
22.00% Other Institutional Investors
49.25% 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 $584.72 and its highest was $851.88 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 85 days.
How were BlackRock’s earnings last quarter?
BlackRock released its earnings results on Jul 15, 2024. The company reported $10.36 earnings per share for the quarter, beating the consensus estimate of $9.963 by $0.397.
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 2.43%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $10.19.
How many shares outstanding does BlackRock have?
BlackRock has 148,599,980 shares outstanding.
What happened to BlackRock’s price movement after its last earnings report?
BlackRock reported an EPS of $10.36 in its last earnings report, beating expectations of $9.963. Following the earnings report the stock price went down -0.605%.
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:
$928.00 (10.11% Upside)
$928.00 (10.11% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 749.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $54.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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
Q2 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
$928.00
▲(10.11% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
28/35 ratings generated profit
1 Year Average Return
+18.45%
reiterated a buy rating 6 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 +18.45% per trade.
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