BlackRock, Inc. (BLK)
Market Cap | 166.57B |
Revenue (ttm) | 20.41B |
Net Income (ttm) | 6.37B |
Shares Out | 154.88M |
EPS (ttm) | 42.01 |
PE Ratio | 25.60 |
Forward PE | 22.67 |
Dividend | $20.84 (1.94%) |
Ex-Dividend Date | Mar 7, 2025 |
Volume | 449,435 |
Open | 1,074.09 |
Previous Close | 1,071.52 |
Day's Range | 1,068.76 - 1,084.22 |
52-Week Range | 745.55 - 1,084.22 |
Beta | 1.29 |
Analysts | Strong Buy |
Price Target | 1,129.17 (+4.99%) |
Earnings Date | Jan 15, 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 2024, BlackRock's revenue was $20.41 billion, an increase of 14.27% compared to the previous year's $17.86 billion. Earnings were $6.37 billion, an increase of 15.76%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for BLK stock is "Strong Buy." The 12-month stock price forecast is $1,129.17, which is an increase of 4.99% from the latest price.
News
CEF Weekly Review: BlackRock And Saba Reach Standstill Agreement
We review the CEF market valuation and performance through the fourth week of January and highlight recent market action. Most CEF sectors saw gains, with MLPs leading; January's strong performance ne...
IGEB: Systematic Investment Grade Bond Fund From BlackRock
The iShares Investment Grade Systematic Bond ETF offers a systematic strategy for selecting investment-grade corporate bonds, focusing on credit quality and risk-adjusted yields. IGEB has a lower dura...
BlackRock Expands Active ETF Suite with BBB-B CLO ETF
NEW YORK--(BUSINESS WIRE)--BlackRock Expands Active ETF Suite with BBB-B CLO ETF. The new fund aims to increase investor access to harder-to-reach fixed income sectors.
BlackRock Declares Quarterly Dividend of $5.21 on Common Stock
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 2% increase in the quarterly cash dividend to $5.21 per share of common stock, payable Marc...
BlackRock® Canada Announces Change to the iShares Convertible Bond Index ETF
Listing: TSX (Toronto Stock Exchange) Symbol: C...
BlackRock's Martin S. Small to Present at the 2025 Bank of America Securities Financial Services Conference on February 11th
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that Martin S. Small, Chief Financial Officer, is scheduled to speak at the 2025 Bank of America Securities Financial Services Con...
BlackRock® Canada Announces Final January Cash Distributions for the iShares® Premium Money Market ETF
TORONTO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fina...
BlackRock TCP Capital Is Risky But May Prove Profitable
TCPC's low dividend coverage, elevated non-accruals, and significant debt maturities pose risks, but its already discounted valuation limits downside risk. The company's first-lien debt orientation an...
The Most Underrated Mistake Destroying Your Retirement - December Dividend Income Report
Since its inception, my portfolio has been up 177%, with a 15% annualized growth rate. At this time, I'm thinking of adding a little bit more of Telus to this portfolio. The stock has been significant...
BlackRock CEO Larry Fink: The Fed still has room to cut rates
BlackRock CEO Larry Fink speaks on a panel at the World Economic Forum in Davos, Switzerland.
BlackRock CEO Fink Sees 'Probabilities' of Fed Hikes in Longer Term: Davos 2025
BlackRock CEO Larry Fink says the strength of the US economy may lead the Federal Reserve to hike interest rates later, after easing in the short term. “I see probabilities” of an increase at some poi...
BlackRock's Fink sees potential risks and says the bond market will tell us where we are going
BlackRock CEO Larry Fink said Trump's efforts to unleash capital in the private sector could re-accelerate inflation and hurt the stock market.
BlackRock CEO Larry Fink: Could see 10-year Treasury yield hit 5-5.5% and 'shock' the equity market
BlackRock chairman and CEO Larry Fink joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the economy, the Fed's inflation fight, impact on the markets, future of DEI in corpo...
How To Invest $100,000 In The Ten Cheapest Dow Dividend 100 Stocks
SCHD is the core of this dividend portfolio idea, ranking the best of the top 20 holdings. Stocks must have paid dividends for 10 years, have a market cap of $500M+, and an average daily trading volum...
BlackRock's Larry Fink says bitcoin could reach $700,000 if this happens
Fink was once skeptical of digital assets, but is now a “big believer” in bitcoin as an instrument.
BlackRock® Canada Announces January Cash Distributions for the iShares® ETFs
TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the Janu...
Davos 2025: BlackRock's Hildebrand on Inflation, Rates, Global Debt Risks
BlackRock Vice Chairman Philipp Hildebrand discusses the "transformational forces" driving policy and the global economy in 2025. He says the biggest risk is that "inflation is not just sticky, but co...
Blackrock Silver Announces Grant of Long-term Incentive Awards
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2025) - Blackrock Silver Corp. (TSXV: BRC) (the "Company" or "Blackrock") announces that it has granted an aggregate total of 640,286 perform...
BlackRock, Tennessee settle lawsuit over firm's ‘misleading' ESG strategy
The lawsuit accused the firm of making "misleading" statements on how strongly ESG goals drove its investments.
Trump and bitcoin: BlackRock predicts another historic year for crypto
BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.
BlackRock Warrants Premium Valuation, Analyst Highlights Growth Potential And Initiatives
Keefe, Bruyette & Woods analyst Aidan Hall raised the price forecast on BlackRock, Inc. BLK to $1,180 from $1,160 while maintaining an Outperform rating.
BlackRock Bolsters Outcome-Oriented ETF Suite with Accelerated Return Strategy
NEW YORK--(BUSINESS WIRE)--The outcome-oriented ETFs space has seen exponential growth from $5bn to over $160bn in the past five years as more investors seek differentiated outcomes through the liquid...
BlackRock CEO says no acquisition targets planned for 2025: here's why
BlackRock Inc chief executive Larry Fink says he doesn't have any new acquisition target in mind for 2025. The world's largest asset manager made three sizable acquisitions last year: an independent i...