BlackRock, Inc. (BLK)

NYSE: BLK · IEX Real-Time Price · USD
-3.33 (-0.51%)
At close: Sep 27, 2023, 4:00 PM
-0.39 (-0.06%)
Pre-market: Sep 28, 2023, 5:07 AM EDT
Market Cap 96.06B
Revenue (ttm) 17.35B
Net Income (ttm) 5.19B
Shares Out 149.30M
EPS (ttm) 34.25
PE Ratio 18.79
Forward PE 17.00
Dividend $20.00 (3.11%)
Ex-Dividend Date Sep 7, 2023
Volume 548,707
Open 647.68
Previous Close 646.72
Day's Range 640.27 - 650.58
52-Week Range 503.12 - 785.65
Beta 1.30
Analysts Buy
Price Target 768.15 (+19.39%)
Earnings Date Oct 12, 2023

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 2022, BlackRock's revenue was $17.87 billion, a decrease of -7.75% compared to the previous year's $19.37 billion. Earnings were $5.18 billion, a decrease of -12.25%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for BLK stock is "Buy." The 12-month stock price forecast is $768.15, which is an increase of 19.39% from the latest price.

Price Target
(19.39% upside)
Analyst Consensus: Buy
Stock Forecasts


BlackRock Study: Global Insurers Adapting to the New Market Regime

LONDON--(BUSINESS WIRE)--Global insurers are adapting to a challenging macro environment in 2023, according to BlackRock's 12th annual Global Insurance Report. To do so, they are adopting a strategic ...

1 day ago - Business Wire

Blackrock Silver Announces Silver Cloud Results; Tonopah West Resource Update Timeline

Vancouver, British Columbia--(Newsfile Corp. - September 26, 2023) - Blackrock Silver Corp. (TSXV: BRC) (the "Company" or "Blackrock") reports assay results for its 100% controlled Silver Cloud projec...

2 days ago - Newsfile Corp

BlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fin...

2 days ago - GlobeNewsWire

BlackRock Expands iShares® iBonds ® ETF Franchise with TIPS ETF Suite

NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded its iShares iBonds ETF franchise with the industry's first TIPS defined maturity bond ETFs. The TIPS iBonds ETF suite consists of 10 funds that inv...

6 days ago - Business Wire

BlackRock's Rick Rieder eyes potential Fed ‘split' on whether to do more rate hikes in 2023

While the Federal Reserve might like to get another interest rate hike in later this year, BlackRock's Rick Rieder thinks the Fed has done enough.

7 days ago - Market Watch

Participation Notification by Blackrock Inc.

Participation notification by Blackrock Inc.  Brussels, 20 September 2023, 08:30 CET - According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York...

8 days ago - GlobeNewsWire

BlackRock® Canada Announces September Cash Distributions for the iShares® ETFs

TORONTO, Sept. 19, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the Sep...

8 days ago - GlobeNewsWire

BlackRock slashes its rating for Chinese stocks with growth faltering and a bazooka stimulus package looking unlikely

BlackRock cut its rating for Chinese stocks from "overweight" to "neutral" on Monday. The asset manager's strategists cited growth, stimulus, and geopolitical concerns.

8 days ago - Business Insider

China's Jump In Car Sales Is Drawing Big Money To These Stocks

By now, it is no secret that Asia's powerhouse is making its way out of contractions and setting those who were - and are - brave enough to invest in it for success.

Other symbols: LINIO
12 days ago - MarketBeat

'FREAKED OUT': Climate protesters take on BlackRock, Citigroup

Author of 'Irrational Fear' on Substack Matthew Wielicki argues the fears of climate protesters stem from world leaders claiming the 'oceans are boiling' on 'The Bottom Line.'

Other symbols: C
13 days ago - Fox Business

Star Mountain Capital Hires Former BlackRock Managing Director, Amon Johnson

NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with approximately $3.5 billion in assets under management (committed capital including debt f...

13 days ago - Business Wire

RBC iShares Expands Thematic ETF Suite to Provide More Precise Exposures

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Today, RBC iShares expands its exchange traded fund (“ETF”) lineup with the launch of five iShares ETFs.

16 days ago - GlobeNewsWire

Major shareholder announcement - BlackRock, Inc.

ANNOUNCEMENT NO. 2 4 1 11 September 2023 Major shareholder announcement Major shareholder announcement – BlackRock, Inc.          Pursuant to Section 30 of the Capital Markets Act, it is hereby announ...

16 days ago - GlobeNewsWire

It's Not Just BlackRock. Exchanges Like Nasdaq Are Pushing into Crypto, Too.

Traditional exchanges have opportunities in crypto beyond listing Bitcoin ETFs, including selling market data and tokenizing other assets.

Other symbols: NDAQ
20 days ago - Barrons

BlackRock, Temasek back electric-vehicle battery recycling company Ascend Elements

A partnership between BlackRock Inc. BLK and Singapore-based Temasek on Wednesday said they led a $460 million Series D funding round for electric vehicle battery maker Ascend Elements Inc. Decarboniz...

21 days ago - Market Watch

As bonds stumble to start September, BlackRock's fixed-income ETF using options strategy is outperforming this year

The U.S. bond market has kicked September off with broad losses, extending its summer slide as investors hunt for income strategies in a volatile environment for yield.

21 days ago - Market Watch

Bitcoin ETF would be a win for BlackRock — but maybe not for crypto investors

BlackRock's BLK recent venture into the cryptocurrency market was a bold move that captured the attention of investors, regulators, and industry experts alike. With the announcement of a proposed cryp...

21 days ago - Market Watch

Is Bitcoin ETF Launch A Promising Development For Crypto Stocks?

Coinbase Global Inc. NASDAQ: COIN pulled back after rocketing nearly 15% higher on August 29 on news that a potential launch of a long-awaited Bitcoin ETF may be getting closer.

21 days ago - MarketBeat

Blackrock Health Announces €25 Million Investment In New Digital Transformation Programme Creating 60 Jobs

CANTON, Mass.--(BUSINESS WIRE)--Blackrock Health Group, which comprises of the Blackrock, Galway, Hermitage and Limerick Clinics, has announced a €25 million investment in a new digital transformation...

23 days ago - Business Wire

BlackRock is shaping next-generation leadership and hunting for deals. Here's the latest news on the largest money manager.

BlackRock is the largest asset management firm, overseeing $9.1 trillion as of March. Founder-led BlackRock is molding the next generation of management and seeking out deals.

26 days ago - Business Insider

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 9/1/2023   Ex-Date- 9/14/2023   Record- 9/15/...

26 days ago - Business Wire

BlackRock Multi-Sector Opportunities Trust Announces Distribution

NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Multi-Sector Opportunities Trust (the “Trust”) (CUSIP: 09190C104) announced today the Trust's quarterly distribution, payable on September...

26 days ago - Business Wire

Bitcoin ETF is ‘inevitable,' says former SEC Chair Clayton

It's only a matter of time before U.S. regulators approve a spot bitcoin ETF, according to former Securities and Exchange Commission Chairman Jay Clayton.

Other symbols: WT
26 days ago - Market Watch

US Labor Market Is Normalizing, Says BlackRock's Rosenberg

Jeffrey Rosenberg, systematic multi-strategy fund portfolio manager at BlackRock, says, “this is the report the market was looking for,” as he examines the August US jobs report and what it means for ...

26 days ago - Bloomberg Markets and Finance

Welcome to a new era of stock-picking, BlackRock strategist says

The pandemic has ushered in a new era for investing, according to BlackRock. Traders will focus above all else on beating the market, Helen Jewell told Insider.

4 weeks ago - Business Insider