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BlackRock (BLK)
NYSE:BLK
BlackRock (BLK) Stock Price & Analysis
5,141 Followers
BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$588.58 - $845.00
Previous Close$790.33
Volume492.23K
Average Volume (3M)612.53K
Market Cap
$117.44B
Enterprise Value$125.72B
Total Cash (Recent Filing)$9.37B
Total Debt (Recent Filing)$15.63B
Price to Earnings (P/E)20.1
Beta1.59
Next Earnings
Jul 19, 2024EPS Estimate
$9.94Last Dividend Ex-Date
Mar 06, 2024Dividend Yield2.54%
Share Statistics
EPS (TTM)39.35
Shares Outstanding148,599,981
10 Day Avg. Volume577,949
30 Day Avg. Volume612,533
Standard Deviation0.09
R-Squared0.71
Alpha-0.00099
Financial Highlights & Ratios
Price to Book (P/B)19.78
Price to Sales (P/S)24.84
Price to Cash Flow (P/CF)-72.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.19
Enterprise Value/Gross Profit7.04
Enterprise Value/Ebitda15.01
Forecast
1Y Price Target
$910.50Price Target Upside13.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
BlackRock News
Bulls Say, Bears Say
Bulls Say
Growth OpportunityManagement highlighted accelerating organic growth momentum and a big pipeline of won but not-yet-funded mandates.
Operational EfficiencyOperating leverage remains a priority, with positive operating leverage delivered year-over-year.
Strategic AcquisitionThe pending GIP acquisition is expected to contribute to organic base fee growth.
Bears Say
Financial PerformanceManagement fees missed consensus by 1% due to worse-than-expected fee rate dynamics.
Investor SentimentUncertainty among investors is anticipated to linger due to skepticism around the path of interest rates and fee rates on larger pending wins.
Market TrendsOverall fees remain pressured as higher fee products continue to give way to lower fee funds.
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Ownership Overview
5.16% Insiders
23.28% Mutual Funds
37.58% Other Institutional Investors
33.98% 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 $588.58 and its highest was $845.00 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 Jul 19, 2024 which is in 65 days.
How were BlackRock’s earnings last quarter?
BlackRock released its earnings results on Apr 12, 2024. The company reported $9.81 earnings per share for the quarter, beating the consensus estimate of $9.4 by $0.41.
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 2.54%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $9.94.
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 $9.81 in its last earnings report, beating expectations of $9.4. Following the earnings report the stock price went down -2.87%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$910.50 (13.39% Upside)
$910.50 (13.39% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 66.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $61.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.91%
12-Months-Change
Fundamentals
Return on Equity
15.28%
Trailing 12-Months
Asset Growth
2.13%
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
Q1 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
$910.50
▲(13.39% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
27/34 ratings generated profit
1 Year Average Return
+18.14%
reiterated a buy rating last month
Copying Michael Cyprys's trades and holding each position for 1 Year would result in 79.41% of your transactions generating a profit, with an average return of +18.14% per trade.
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