BlackRock (BUL:BLQA) - Stock Price, News & Analysis

BLQA Stock Overview

A publicly owned investment manager.

BLQA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	5/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 5% below our estimate of its fair value

Earnings are forecast to grow 7.01% per year

Earnings grew by 20.8% over the past year

Pays a reliable dividend of 2.53%

Risk Analysis

Significant insider selling over the past 3 months

BlackRock, Inc. Competitors

KKR

NYSE:KKR

US$92.9b

Brookfield

TSX:BN

CA$93.7b

Holding Varna AD

BUL:HVAR

лв293.2m

Blackstone

NYSE:BX

US$152.9b

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock
Historical stock prices
Current Share Price	US$745.95
52 Week High	US$0
52 Week Low	US$0
Beta	1.38
1 Month Change	5.43%
3 Month Change	1.17%
1 Year Change	19.79%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	6.47%

Recent updates

Shareholder Returns

	BLQA	BG Capital Markets	BG Market
7D	0.9%	1.3%	1.7%
1Y	19.8%	16.2%	19.6%

Return vs Industry: BLQA exceeded the BG Capital Markets industry which returned 16.2% over the past year.

Return vs Market: BLQA matched the BG Market which returned 19.6% over the past year.

Price Volatility

Is BLQA's price volatile compared to industry and market?
BLQA volatility
BLQA Average Weekly Movement	3.0%
Capital Markets Industry Average Movement	4.2%
Market Average Movement	4.0%
10% most volatile stocks in BG Market	7.9%
10% least volatile stocks in BG Market	2.0%

Stable Share Price: BLQA has not had significant price volatility in the past 3 months.

Volatility Over Time: BLQA's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	19,300	Larry Fink	www.blackrock.com

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.

BlackRock, Inc. Fundamentals Summary

How do BlackRock's earnings and revenue compare to its market cap?
BLQA fundamental statistics
Market cap	€110.09b
Earnings (TTM)	€5.45b
Revenue (TTM)	€16.88b

20.2x

P/E Ratio

6.5x

P/S Ratio

Is BLQA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLQA income statement (TTM)
Revenue	US$18.34b
Cost of Revenue	US$9.36b
Gross Profit	US$8.99b
Other Expenses	US$3.07b
Earnings	US$5.92b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	39.83
Gross Margin	49.00%
Net Profit Margin	32.26%
Debt/Equity Ratio	23.6%

How did BLQA perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

51%

Payout Ratio

BLQA Stock Overview

Rewards

Risk Analysis

BlackRock, Inc. Competitors

NYSE:KKR

US$92.9b

TSX:BN

CA$93.7b

BUL:HVAR

лв293.2m

NYSE:BX

US$152.9b

Price History & Performance

Recent News & Updates

Metropolis Technologies, Inc. completed the acquisition of SP Plus Corporation (NasdaqGS:SP) from BlackRock, Inc. (NYSE:BLK), River Road Asset Management, LLC, Segall Bryant & Hamill, LLC and others.

BlackRock, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 24, 2024

First quarter 2024 earnings released: EPS: US$10.58 (vs US$7.72 in 1Q 2023)

New York City Employees’ Retirement System Files an Exempt Solicitation Statement to BlackRock

BlackRock (NYSE: BLK) completed the acquisition of the remaining equity interest in SpiderRock Advisors, LLC.

Bluebell Capital Sends Letter BlackRock

Recent updates

Metropolis Technologies, Inc. completed the acquisition of SP Plus Corporation (NasdaqGS:SP) from BlackRock, Inc. (NYSE:BLK), River Road Asset Management, LLC, Segall Bryant & Hamill, LLC and others.

BlackRock, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 24, 2024

First quarter 2024 earnings released: EPS: US$10.58 (vs US$7.72 in 1Q 2023)

New York City Employees’ Retirement System Files an Exempt Solicitation Statement to BlackRock

BlackRock (NYSE: BLK) completed the acquisition of the remaining equity interest in SpiderRock Advisors, LLC.

Bluebell Capital Sends Letter BlackRock

BlackRock, Inc. Activates Retirement Solution Offering A Paycheck for Life

SH Residential Holdings, LLC completed the acquisition of M.D.C. Holdings, Inc. (NYSE:MDC) from a group of shareholders.

Future Pak, Ltd. submits a proposal to acquire Vanda Pharmaceuticals Inc. (NasdaqGM:VNDA) from The Vanguard Group, Inc., State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), Dimensional Fund Advisors LP and others for approximately $450 million.

First quarter 2024 earnings released: EPS: US$10.58 (vs US$7.72 in 1Q 2023)

BlackRock, Inc. Announces Not Stand for Re-Election of Bader M. Alsaad as Independent Director

BlackRock, Inc. to Report Q1, 2024 Results on Apr 12, 2024

BlackRock, Inc., Annual General Meeting, May 15, 2024

BlackRock Launches BlackRock USD Institutional Digital Liquidity Fund

Insight Venture Management, LLC and Clearlake Capital Group, L.P. completed the acquisition of Alteryx, Inc. (NYSE:AYX) from a group of shareholders.

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., PRIMECAP Management Company and others.

BlackRock, Inc. (NYSE:BLK) fund managed by sponsor acquired A portfolio of 38 solar energy and battery storage projects from Excelsior Energy Capital LP.

BlackRock, Inc. (NYSE:BLK) fund managed by sponsor acquired A portfolio of 38 solar energy and battery storage projects from Excelsior Energy Capital LP.

Standard General L.P. submits a non-binding proposal letter to acquire remaining 76.78809% stake in Bally's Corporation (NYSE:BALY) from BlackRock, Inc. (NYSE:BLK) and others for approximately $550 million.

BlackRock (NYSE: BLK) agreed to acquire the remaining equity interest in SpiderRock Advisors, LLC.

Morgan Stanley Infrastructure Inc. and BlackRock, Inc. (NYSE:BLK) entered into a purchase and sale agreement to acquire Portland Natural Gas Transmission System, LP from TC PipeLines, LP and Northern New England Investment Company, Inc. for approximately $1.5 billion.

Chairman & CEO recently sold €23m worth of stock

Healthpeak Properties, Inc. (NYSE:PEAK) completed the acquisition of Physicians Realty Trust (NYSE:DOC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., State Street Corporation (NYSE:STT) and others.

Full year 2023 earnings released: EPS: US$36.85 (vs US$34.31 in FY 2022)

Capital Power Investments, Llc and BlackRock, Inc. (NYSE:BLK) in a 50/50 partnership completed the acquisition of New Harquahala Generating Company, LLC from CSG Investments, Inc.

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

Shareholder Returns

Price Volatility

About the Company

BlackRock, Inc. Fundamentals Summary

20.2x

6.5x

Earnings & Revenue

Dividends

2.5%

51%