BlackRock, Inc. (BLK)

NYSE: BLK · IEX Real-Time Price · USD
728.65
+3.44 (0.47%)
At close: Aug 11, 2022 4:00 PM
730.50
+1.85 (0.25%)
Pre-market: Aug 12, 2022 6:49 AM EDT
0.47%
Market Cap 109.86B
Revenue (ttm) 19.68B
Net Income (ttm) 6.14B
Shares Out 150.77M
EPS (ttm) 37.96
PE Ratio 19.20
Forward PE 20.62
Dividend $18.02 (2.47%)
Ex-Dividend Date Sep 6, 2022
Volume 676,944
Open 732.11
Previous Close 725.21
Day's Range 727.45 - 736.88
52-Week Range 575.60 - 973.16
Beta 1.26
Analysts Buy
Price Target 707.37 (-2.9%)
Earnings Date Jul 15, 2022

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...]

Industry Capital Markets
IPO Date Oct 1, 1999
CEO Laurence Fink
Employees 18,900
Stock Exchange NYSE
Ticker Symbol BLK
Full Company Profile

Financial Performance

In 2021, BlackRock's revenue was $19.37 billion, an increase of 19.56% compared to the previous year's $16.21 billion. Earnings were $5.90 billion, an increase of 19.65%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for BLK stock is "Buy." The 12-month stock price forecast is 707.37, which is a decrease of -2.92% from the latest price.

Price Target
$707.37
(-2.92% downside)
Analyst Consensus: Buy
Stock Forecasts

News

BlackRock launches spot Bitcoin private trust

BlackRock, the world's largest investment asset manager, has announced a spot Bitcoin (BTC) private trust, which will offer direct exposure to the benchmark cryptocurrency.

BlackRock launches Bitcoin trust – but only for select clients

(Kitco News) - BlackRock wades deeper into the world of crypto with the announcement that it's launching a private spot Bitcoin trust for institutional investors.

BlackRock opening ‘snowbird office' in Miami for dozens of staffers

Finance juggernaut BlackRock is opening a new satellite office in Miami to accommodate a senior executive and other staffers, according to a report.

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How Do You Stack Up to Other Retirement Savers Your Age?

A survey by BlackRock shows the value of workplace retirement accounts.

Coinbase And BlackRock Cozy Up On Bitcoin Bandwagon

Coinbase and BlackRock announced a new partnership Thursday to allow BlackRock clients to trade and manage crypto in-house.

Other symbols: COIN

These Dividend Stocks Can Double Your Money in Under 10 Years

You don't necessarily have to choose between income and growth. Some stocks offer the best of both worlds.

Other symbols: JPMTSM

Coinbase's BlackRock Pact Cements Crypto Status

Bloomberg's Sonali Basak joins Emily Chang to break down Coinbase's partnership with BlackRock, how investors reacted to the news, and what that means for the future of the crypto exchange in the indust...

Other symbols: COIN

BlackRock's partnership with Coinbase shows that institutions are looking to buy the dip

(Kitco News) - Coinbase, the top U.S.-based cryptocurrency exchange, revealed on Thursday that it has partnered with BlackRock, the world's largest financial asset manager by AUM, to provide greater acc...

Other symbols: COIN

Coinbase stock surges amid crypto expansion deal with BlackRock, Meta rolls out NFT feature

Yahoo Finance reporter Jennifer Schonberger joins the Live show to detail BlackRock's move to connect clients with crypto trading access and Meta opting to support Coinbase digital wallets on its apps.

Other symbols: COIN

Coinbase shares soar on deal to provide crypto services for BlackRock

Coinbase shares are down over 60% so far this year.

Other symbols: COIN

Coinbase to Give BlackRock Clients Access to Crypto

Cryptocurrency exchange Coinbase is working with asset management giant BlackRock to give its clients direct access to crypto. The partnership is open to institutional clients of Aladdin, BlackRock's en...

Other symbols: COIN

BlackRock to offer crypto to institutional clients via Coinbase

BlackRock (NYSE: BLK), the world's leading investment manager with over $10 trillion in assets under management, will use Coinbase (NASDAQ: COIN) to provide direct crypto access to its institutional cli...

Other symbols: COIN

BlackRock hops on bitcoin bandwagon with new Coinbase tie-up

After years of resisting, the world's largest asset manager has finally taken the plunge into crypto in a substantial way. BlackRock, which oversees $10 trillion in assets, is partnering with publicly-t...

Other symbols: COIN

COIN Stock Alert: 5 Things to Know as BlackRock Teams Up With Coinbase

Source: 24K-Production / Shutterstock.com Coinbase (NASDAQ: COIN ) stock is rising higher on Thursday following news that the crypto exchange is teaming up with investment management company BlackRock (...

Other symbols: COIN

Coinbase will help BlackRock's top clients gain exposure to the cryptocurrency market in a new partnership

The partnership will initially be limited to bitcoin exposure, according to a Coinbase blog post. Shares of the exchange jumped as much as 21% early Thursday.

Other symbols: COIN

BlackRock partners with Coinbase to offer crypto for institutional investors

It seems that the biggest names in traditional finance are confident that cryptocurrencies have a bright future.

Other symbols: COIN

BlackRock partners with Coinbase to offer bitcoin access to institutional investors, despite market downturn

BlackRock Inc., the world's largest asset manager, is partnering with Coinbase Global Inc. to offer direct access to bitcoin to some institutional clients.

Other symbols: COIN

Coinbase Stock Soars as Crypto Exchange Forms Partnership With BlackRock

A partnership on institutional Bitcoin trading marks a push into crypto by the world's largest asset manager and an endorsement for the embattled exchange.

Other symbols: COIN

Coinbase shares jump after partnering with BlackRock to give clients access to crypto

BlackRock has selected Coinbase as its crypto trading partner.

Other symbols: COIN

Coinbase, BlackRock ink crypto trading partnership targeting institutional clients

Cryptocurrency exchange Coinbase Global Inc said on Thursday it has partnered with BlackRock, the world's largest asset manager, to provide institutional clients with access to crypto trading and custod...

Other symbols: COIN

Here is What to Know Beyond Why BlackRock, Inc. (BLK) is a Trending Stock

BlackRock (BLK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here's Why This Beaten-Down Dividend Stock Is a Buy

The stock of the most dominant asset manager in the world has tumbled recently due to the broader market's downturn.

ATCO vs. BLK: Which Stock Is the Better Value Option?

ATCO vs. BLK: Which Stock Is the Better Value Option?

Other symbols: ATCO

Former BlackRock Executive Joins Jacobi Asset Management as CEO

LONDON--(BUSINESS WIRE)-- #assetmanagement--Jacobi Asset Management announces the appointment of Martin Bednall as its new CEO, effective 1st August 2022.