BlackRock, Inc. (BLK)
| Market Cap | 160.53B |
| Revenue (ttm) | 19.36B |
| Net Income (ttm) | 6.07B |
| Shares Out | 154.88M |
| EPS (ttm) | 40.52 |
| PE Ratio | 25.58 |
| Forward PE | 22.24 |
| Dividend | $20.40 (1.97%) |
| Ex-Dividend Date | Sep 9, 2024 |
| Volume | 458,302 |
| Open | 1,033.00 |
| Previous Close | 1,028.00 |
| Day's Range | 1,028.50 - 1,041.94 |
| 52-Week Range | 724.54 - 1,068.34 |
| Beta | 1.31 |
| Analysts | Strong Buy |
| Price Target | 1,019.62 (-1.62%) |
| Earnings Date | Jan 10, 2025 |
About BLK
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 port... [Read more]
Financial Performance
In 2023, BlackRock's revenue was $17.86 billion, a decrease of -0.08% compared to the previous year's $17.87 billion. Earnings were $5.50 billion, an increase of 6.26%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for BLK stock is "Strong Buy." The 12-month stock price forecast is $1,019.62, which is a decrease of -1.62% from the latest price.
News
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...
The BlackRock Innovation And Growth Fund: Attractive Discount To NAV
Closed-end funds, especially near year-end, present opportunities as discounts can widen; currently, U.S. closed-end funds have a ~10% discount to NAV. The BlackRock Innovation and Growth Fund is intr...
BlackRock® Canada Announces Final November Cash Distributions for the iShares® Premium Money Market ETF
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fina...
BlackRock® Canada Announces Estimated 2024 Annual Reinvested Capital Gains Distributions for the iShares® ETFs
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the esti...
BlackRock Declares Quarterly Dividend of $5.10 on Common Stock
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $5.10 per share of common stock, payable December 23, 2024 t...
Bitcoin hits fresh record high after Nasdaq lists options on BlackRock's spot bitcoin ETF
CNBC's MacKenzie Sigalos reports on bitcoin hitting a new all-time high as the first options on spot bitcoin ETFs go live on the Nasdaq.
BlackRock TCP Capital: Improving Portfolio Quality But Still Not A Buy
I maintain my sell rating on BlackRock TCP Capital due to shrinking net investment income, high non-accrual rates, and declining dividend coverage. TCPC's Q3 earnings showed mixed results, with net in...
BlackRock Elects Bayo Ogunlesi to Board of Directors
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) announced today that Adebayo (“Bayo”) Ogunlesi, Founding Partner, Chairman and Chief Executive Officer of Global Infrastructure Partners (“GIP”),...
Abu Dhabi welcomes BlackRock after Saudi approval
A Bloomberg report reveals BlackRock is expanding its footprint in the Middle East, securing approval to establish operations in Abu Dhabi's financial hub. The move comes just a month after the invest...
BlackRock just did its first mutual fund-to-ETF conversion. Here's why.
BlackRock has flipped a mutual fund to an exchange-traded fund for the first time, with the giant asset manager's move reflecting investors' increasing appetite for actively managed ETFs.
BondCliQ Announces Integration of Its U.S. Corporate Bond Pre-Trade Data Into BlackRock's Aladdin® Platform
NEW YORK--(BUSINESS WIRE)--BondCliQ Inc., creator and operator of the first and only consolidated quote system for U.S. corporate bonds, announces today a partnership with BlackRock's Aladdin® platfor...
Trump is inheriting an economy with ‘momentum,' BlackRock exec says
BlackRock Global Fixed Income CIO Rick Rieder evaluates President-elect Trump's economic playbook and shares his market outlook on ‘Barron's Roundtable.' https://bit.ly/2D9Cdse Watch more Fox Busines...
KBRA Assigns Rating to BlackRock Private Credit Fund's $125 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to BlackRock Private Credit Fund's (“BDEBT” or “the company”) $125 million senior unsecured notes due in 2027 and 2030. T...
BlackRock® Canada Announces November Cash Distributions for the iShares® ETFs and Reinvested Distributions for the iShares Canadian Real Return Bond Index ETF
BlackRock® Canada Announces November Cash Distributions for the iShares® ETFs and Reinvested Distributions for the iShares Canadian Real Return Bond Index
BlackRock's Rieder on Trump win: ‘Whole new playbook' is coming
Rick Rieder, BlackRock Chief Investment Officer of Global Fixed Income, spoke to Yahoo Finance's Julie Hyman about his thoughts on the US economy heading into a second Trump administration and how it ...
The Big 3: CME, BLK, VMC
Financials and materials take focus in today's Big 3, all of which have seen significant upside growth off post-election anticipation. Jessica Inskip joins Rick Ducat to break down the technical trend...
Intesa Sanpaolo: Agreement with BlackRock to Develop Digital Wealth Management in Europe
MILAN and NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Fideuram Intesa Sanpaolo Private Banking (FISPB) – the private bank of the Intesa Sanpaolo Group – is set to accelerate the growth of its Digital ...
SoFi's New Robo-Advisor Platform Expands Everyday Investors' Access to Diversified Asset Classes
SAN FRANCISCO--(BUSINESS WIRE)---- $BLK--Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, anno...
Italy's Intesa partners with BlackRock in private banking in Benelux
Italy's largest bank Intesa Sanpaolo said it would partner with BlackRock , the world's biggest asset manager and a leading Intesa shareholder, to offer digital wealth management services to clients i...
BlackRock® Canada Calls Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) today annou...
BlackRock May Take Stake in Millennium
BlackRock Inc. is in talks with Izzy Englander's Millennium Management to take a minority stake in his $70 billion hedge fund, according to people familiar with the matter. Bloomberg's Manuel Baigorri...
BlackRock in talks about a strategic tie-up with Millennium - sources
BlackRock Inc is in early-stage talks with hedge fund Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the hedge fund, two sources familiar with the matt...
High-Yield Bonds Market Trends and Regional Business Opportunities, 2024-2032 - A Forecasted $7.76 Trillion Industry with BlackRock, Morgan Stanley, and M&G Dominating Shares
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "High-Yield Bonds Market - Global Forecast Report 2024-2032" report has been added to ResearchAndMarkets.com's offering. According to this report, the hig...
Why $11 Trillion in Assets Isn't Enough for BlackRock's Larry Fink
Fink wants to push the world's largest asset manager into the more lucrative world of private markets.
2 Financial Juggernauts Deliver Results And Dividends
Investing in dividend growth stocks can help build passive income over the long term. Sometimes investing in some of the largest companies means less uncertainty going forward, even if they are less e...