BlackRock, Inc. (BLK)
| Market Cap | 159.32B |
| Revenue (ttm) | 19.36B |
| Net Income (ttm) | 6.07B |
| Shares Out | 154.88M |
| EPS (ttm) | 40.52 |
| PE Ratio | 25.39 |
| Forward PE | 22.34 |
| Dividend | $20.40 (1.98%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 742,370 |
| Open | 1,007.64 |
| Previous Close | 1,016.33 |
| Day's Range | 1,001.98 - 1,036.77 |
| 52-Week Range | 745.55 - 1,082.45 |
| Beta | 1.30 |
| Analysts | Strong Buy |
| Price Target | 1,040.50 (+1.15%) |
| 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 12 analysts, the average rating for BLK stock is "Strong Buy." The 12-month stock price forecast is $1,040.5, which is an increase of 1.15% from the latest price.
News
BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
Listing: TSX (Toronto Stock Exchange) Symbol: CMR TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned s...
BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs
TORONTO, Dec. 19, 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® Canada Announces Estimated Annual Reinvested Capital Gains Distributions for the iShares® ETFs
TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the esti...
The Big 3: GOOGL, AAPL, BLK
Jessica Inskip joins Nicole Petallides at the NYSE set to talk about today's Big 3: Alphabet (GOOGL), Apple (AAPL) and Blackrock (BLK). She's bullish on all three names due to their ties to the A.I.
Final trades: BlackRock, Charles Schwab, Impinj and Urban Outfitters
The CNBC 'Halftime Report' Investment Committee reveals their top stocks to watch.
BlackRock 2025 Private Markets Outlook: A New Era of Growth
NEW YORK--(BUSINESS WIRE)--BlackRock Inc. (NYSE:BLK) today released its annual Private Markets Outlook mapping out how the sector, spanning geographies and asset classes, will evolve in the year ahead...
US House panel finds BlackRock, other asset managers leery of joining climate initiative
Top U.S. asset managers worried that signing up to an industry climate initiative could make them appear to be working too closely together and draw regulatory scrutiny, according to a report released...
The U.K. is probing a BlackRock deal. What happens next.
The Competition and Markets Authority said it will launch a formal investigation into BlackRock's acquisition plans
UK competition watchdog launches probe into $3.22 bln Blackrock-Preqin deal
Britain's competition regulator said on Friday it was launching a probe into asset management firm BlackRock's 2.55 billion pounds ($3.22 billion) acquisition of UK data firm Preqin.
Blackrock recommends bitcoin portfolio weighting of up to 2% for interested investors
Blackrock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday...
Focus: BlackRock's private markets push may not be over after 2024 buyout spree
A dealmaking splurge by BlackRock in 2024 may continue as the world's largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or po...
What's New With BlackRock Stock?
BlackRock's stock (NYSE: BLK) has gained roughly 32% year-to-date, as compared to the 28% rise in the S&P500 index over the same period. In comparison, BlackRock's peer State Street's stock (NYSE: STT...
BlackRock COO looking to improve tech, AI capabilities
BlackRock Inc , which has struck nearly $30 billion in acquisitions this year, is looking for opportunities to expand its technology capabilities including in the areas of artificial intelligence, the...
BlackRock, Inc. (BLK) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
BlackRock, Inc. (NYSE:BLK) Goldman Sachs 2024 U.S. Financial Services Conference December 10, 2024 2:20 PM ET Company Participants Martin S. Small - Chief Financial Officer Conference Call Participan...
Treasury4 Launches Seamless Connectivity for BlackRock Cachematrix
SPOKANE, Wash.--(BUSINESS WIRE)--Treasury4, an enterprise software platform delivering modern tools for treasury and finance practitioners, today announced that it now offers seamless connectivity to ...
BlackRock's $12B Purchase Of HPS Wrecks The ‘Easy Money' Fed Narrative
There's no such thing as “easy money” or “costless credit” contra what readers are told with great regularity by economists and their enablers in the commentariat. Evidence supporting this statement o...
CEF Weekly Review: BlackRock Doubles Down On Distribution Strategy
We review the CEF market valuation and performance through the last week of November and highlight recent market action. The CEF market saw strong performance, with all sectors finishing in the green,...
Transparency notifications by BlackRock, Inc.
Transparency notifications by BlackRock, Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified: By BlackRock, Inc. that i...
Will Private Markets Morph Into ETFs? BlackRock Thinks So
Recent deals for private asset managers could replicate the playbook from the 2009 acquisition of iShares.
World economy has exited the ‘boom and bust' cycle, BlackRock says
‘Mega forces' including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock said
US Stocks Likely To See Tepid Opening As Bitcoin Blasts Through $103,000: Investors Eye Jobless Claims Data While BlackRock Expects 'US Exceptionalism' To Power Earnings In 2025
U.S. stocks could open on a weak note on Thursday after the averages closed at a record high on Wednesday. Futures of all three major indices were marginally down on Thursday, pointing to cautious sen...
BlackRock Introduces International Country Rotation Strategy to Active ETF Lineup
NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded its active ETF offering with the launch of the iShares International Country Rotation Active ETF (CORO). Designed as a model building block, CORO c...
BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. government debt levels could threaten its u...
BlackRock acquires HPS for $12 billion in major bet on private credit
CNBC's Leslie Picker reports on the world of private credit.
Why BlackRock Buying HPS Makes Sense
BlackRock is acquiring HPS Investment Partners in an all-stock deal valued at roughly $12 billion. Sridhar Natarajan has more on "Bloomberg Open Interest.