BlackRock, Inc. (BLK)
- Previous Close
747.30 - Open
751.39 - Bid --
- Ask --
- Day's Range
745.55 - 755.43 - 52 Week Range
596.18 - 845.00 - Volume
850,476 - Avg. Volume
627,382 - Market Cap (intraday)
111.567B - Beta (5Y Monthly) 1.37
- PE Ratio (TTM)
19.04 - EPS (TTM)
39.38 - Earnings Date Jul 12, 2024 - Jul 16, 2024
- Forward Dividend & Yield 20.40 (2.73%)
- Ex-Dividend Date Mar 6, 2024
- 1y Target Est
932.54
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
www.blackrock.com19,800
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: BLK
Performance Overview: BLK
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: BLK
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Statistics: BLK
Valuation Measures
Market Cap
111.17B
Enterprise Value
110.26B
Trailing P/E
18.99
Forward P/E
17.92
PEG Ratio (5yr expected)
2.29
Price/Sales (ttm)
6.13
Price/Book (mrq)
2.83
Enterprise Value/Revenue
6.01
Enterprise Value/EBITDA
13.80
Financial Highlights
Profitability and Income Statement
Profit Margin
32.26%
Return on Assets (ttm)
--
Return on Equity (ttm)
--
Revenue (ttm)
18.34B
Net Income Avi to Common (ttm)
5.92B
Diluted EPS (ttm)
39.38
Balance Sheet and Cash Flow
Total Cash (mrq)
8.74B
Total Debt/Equity (mrq)
23.76%
Levered Free Cash Flow (ttm)
--
Research Analysis: BLK
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: BLK
Analyst Report: Blackrock Inc.
BlackRock provides investment management, risk management, and advisory services for institutional and retail clients worldwide. Its range of products includes separate accounts, mutual funds, the iShares franchise of ETFs, and other pooled investment vehicles. Assets under management were $10.5 trillion as of March 31, 2024. iShares is a global leader in ETFs, with funds in multiple asset classes and $3.5 trillion in ETF assets under management as of March 31, 2023. In May 2020, PNC Financial Services Group, which held about 22% of BlackRock common shares, sold its stake through a registered offering.
RatingBullishPrice TargetMarket Digest: BIIB, C, FAST, STT, STZ, WFC, BLK
Monday Tee Up: A Busy, Busy Week
Analyst Report: BlackRock, Inc.
BlackRock is the largest asset manager in the world, with $10.008 trillion in assets under management at the end of December 2023. Its product mix is fairly diverse, with 52% of managed assets in equity strategies, 28% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.
RatingNeutralPrice TargetAnalyst Report: BlackRock, Inc.
BlackRock is the largest asset manager in the world, with $10.008 trillion in assets under management at the end of December 2023. Its product mix is fairly diverse, with 52% of managed assets in equity strategies, 28% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.
RatingNeutralPrice Target