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BlackRock (BLK)
NYSE:BLK
Holding BLK?
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BLK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$596.18 - $930.50
Previous Close$922.71
Volume262.74K
Average Volume (3M)530.41K
Market Cap
$139.04B
Enterprise Value$145.30B
Total Cash (Recent Filing)$10.23B
Total Debt (Recent Filing)$16.71B
Price to Earnings (P/E)22.5
Beta1.50
Next Earnings
Oct 15, 2024EPS Estimate
$10.24Last Dividend Ex-Date
Sep 09, 2024Dividend Yield2.23%
Share Statistics
EPS (TTM)40.28
Shares Outstanding148,128,478
10 Day Avg. Volume460,627
30 Day Avg. Volume530,410
Standard Deviation0.08
R-Squared0.68
Alpha0.00207
Financial Highlights & Ratios
Price to Book (P/B)3.41
Price to Sales (P/S)7.17
Price to Cash Flow (P/CF)24.50
P/FCF Ratio23.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.78
Enterprise Value/Gross Profit17.24
Enterprise Value/Ebitda16.78
Forecast
1Y Price Target
$940.13Price Target Upside0.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
BlackRock News
Bulls Say, Bears Say
Bulls Say
Growth PotentialBLK's unique ability to bring industry leaders together and partner on new opportunities of this magnitude in the AI/infrastructure space enhances confidence in BLK's ability to meaningfully grow their private markets business.
Investment Fund LaunchBLK announced the launch of a $30b artificial intelligence investment fund focused on building data centers and energy projects to meet the growing demand for computing power.
PartnershipsThe combination of industry partners could present unique deal sourcing and diligence capabilities that could support the fund's investment performance and appeal to potential fund investor clients.
Bears Say
Financial PerformanceManagement fees came in 1% below Consensus expectations amid a slight average AUM miss.
Market ConditionsKey risks include the US’s economic slowdown, prolonged high market interest rates, noticeable contraction in market liquidity, and a substantial correction in global asset valuation.
RedemptionsIn 2Q24, it was impacted by a $20B redemption relating to the merger of Brookfield-American Equity and from $35B of low fee net redemptions in institutional equity index.
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Ownership Overview
5.13% Insiders
23.08% Mutual Funds
43.68% Other Institutional Investors
28.11% 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 $596.18 and its highest was $930.50 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 26 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 2.23%. See more information on BlackRock dividends here
What is BlackRock’s EPS estimate?
BlackRock’s EPS estimate is $10.24.
How many shares outstanding does BlackRock have?
BlackRock has 148,128,480 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:
$940.13 (0.16% Upside)
$940.13 (0.16% Upside)
Blogger Sentiment
Bullish
BLK Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 157.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $61.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.18%
12-Months-Change
Fundamentals
Return on Equity
15.44%
Trailing 12-Months
Asset Growth
2.14%
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
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
$940.13
▲(0.16% Upside)
Technical Analysis
Best Analysts Covering BLK
1 Year
1 Year Success Rate
28/35 ratings generated profit
1 Year Average Return
+19.69%
assigned a buy rating 2 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 +19.69% per trade.
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