BlackRock, Inc. (BLK)

NYSE: BLK · Real-Time Price · USD
1,075.50
+3.98 (0.37%)
Jan 31, 2025, 4:00 PM EST - Market closed
0.37%
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]

Sector Financials
IPO Date Oct 1, 1999
Employees 19,800
Stock Exchange NYSE
Ticker Symbol BLK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$1,129.17
(4.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

13 hours ago - Seeking Alpha

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...

20 hours ago - Seeking Alpha

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.

2 days ago - Business Wire

Financial Stocks Should Pay Off in 2025

Looking to buy financial stocks? Businesses that provide financial products and services are buoyant, but you should be choosy about where to put your money.

Other symbols: GSOZKPNCWRBWTW
2 days ago - Kiplinger

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...

3 days ago - Business Wire

BlackRock® Canada Announces Change to the iShares Convertible Bond Index ETF

Listing:            TSX (Toronto Stock Exchange)                                                                                                                                     Symbol:           C...

4 days ago - GlobeNewsWire

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...

4 days ago - Business Wire

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...

5 days ago - GlobeNewsWire

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...

5 days ago - Seeking Alpha

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...

Other symbols: AAPLADPBAMBNHDLMATMSFT
5 days ago - Seeking Alpha

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.

8 days ago - CNBC Television

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...

8 days ago - Bloomberg Markets and Finance

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.

9 days ago - CNBC

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...

9 days ago - CNBC Television

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...

9 days ago - Seeking Alpha

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.

10 days ago - Market Watch

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...

11 days ago - GlobeNewsWire

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...

12 days ago - Bloomberg Markets and Finance

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...

14 days ago - Newsfile Corp

The Best Financial Stocks to Buy

Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio.

Other symbols: ALLBKBXGSHASIHIGMET
15 days ago - Kiplinger

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.

15 days ago - New York Post

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.

16 days ago - CNBC

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.

16 days ago - Benzinga

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...

Other symbols: IVV
16 days ago - Business Wire

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...

17 days ago - Invezz