BlackRock (BOVESPA:BLAK34) - Stock Price, News & Analysis

BLAK34 Stock Overview

A publicly owned investment manager. More details

BLAK34 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	4/6
Dividends	4/6

Rewards

Earnings are forecast to grow 10.72% per year

Earnings grew by 12.8% over the past year

Risk Analysis

Shareholders have been diluted in the past year

BlackRock, Inc. Competitors

Banco BTG Pactual

BOVESPA:BPAC11

R$162.7b

KKR

NYSE:KKR

US$135.7b

B3 - Brasil Bolsa Balcão

BOVESPA:B3SA3

R$54.0b

Brookfield

TSX:BN

CA$119.6b

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock
Historical stock prices
Current Share Price	US$89.70
52 Week High	US$94.04
52 Week Low	US$52.51
Beta	1.31
11 Month Change	3.71%
3 Month Change	22.89%
1 Year Change	66.60%
33 Year Change	13.68%
5 Year Change	188.79%
Change since IPO	360.89%

Recent updates

Shareholder Returns

	BLAK34	BR Capital Markets	BR Market
7D	-2.9%	-0.7%	0.3%
1Y	66.6%	-6.4%	-1.7%

Return vs Industry: BLAK34 exceeded the BR Capital Markets industry which returned -3.6% over the past year.

Return vs Market: BLAK34 exceeded the BR Market which returned -1.6% over the past year.

Price Volatility

Is BLAK34's price volatile compared to industry and market?
BLAK34 volatility
BLAK34 Average Weekly Movement	2.8%
Capital Markets Industry Average Movement	5.5%
Market Average Movement	4.4%
10% most volatile stocks in BR Market	8.3%
10% least volatile stocks in BR Market	2.2%

Stable Share Price: BLAK34 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: BLAK34's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	20,400	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?
BLAK34 fundamental statistics
Market cap	R$916.24b
Earnings (TTM)	R$35.07b
Revenue (TTM)	R$111.78b

26.1x

P/E Ratio

8.2x

P/S Ratio

Is BLAK34 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLAK34 income statement (TTM)
Revenue	US$19.36b
Cost of Revenue	US$9.68b
Gross Profit	US$9.68b
Other Expenses	US$3.61b
Earnings	US$6.07b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	39.22
Gross Margin	49.99%
Net Profit Margin	31.37%
Debt/Equity Ratio	28.4%

How did BLAK34 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

50%

Payout Ratio

BLAK34 Stock Overview

Rewards

Risk Analysis

BlackRock, Inc. Competitors

BOVESPA:BPAC11

R$162.7b

NYSE:KKR

US$135.7b

BOVESPA:B3SA3

R$54.0b

TSX:BN

CA$119.6b

Price History & Performance

Recent News & Updates

Blackrock, Inc. Declares Quarterly Cash Dividend, Payable on December 23, 2024

BBoston Scientific Corporation (NYSE:BSX) completed the acquisition of Axonics, Inc. (NasdaqGS:AXNX) from a group of shareholders.

BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem

Waste Management, Inc. (NYSE:WM) completed the acquisition of Stericycle, Inc. (NasdaqGS:SRCL) from a group of shareholders.

BlackRock to Launch Suite of Defined Maturity Bond Ladder ETFs

BlackRock Introduces Three iShares ETFs to Customize Exposure to U.S. Large Caps

Recent updates

Blackrock, Inc. Declares Quarterly Cash Dividend, Payable on December 23, 2024

BBoston Scientific Corporation (NYSE:BSX) completed the acquisition of Axonics, Inc. (NasdaqGS:AXNX) from a group of shareholders.

BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem

Waste Management, Inc. (NYSE:WM) completed the acquisition of Stericycle, Inc. (NasdaqGS:SRCL) from a group of shareholders.

BlackRock to Launch Suite of Defined Maturity Bond Ladder ETFs

BlackRock Introduces Three iShares ETFs to Customize Exposure to U.S. Large Caps

Bansk Group LLC completed the acquisition of PetIQ, Inc. (NasdaqGS:PETQ) from group of sellers.

Japan Tobacco Inc. (TSE:2914) completed the acquisition of Vector Group Ltd. (NYSE:VGR) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Frost Gamma Investments Trust, Lorber Alpha II Limited, Howard M. Lorber and others.

IQVentures Holdings, LLC completed the acquisition of The Aaron's Company, Inc. (NYSE:AAN) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP and others.

An affiliate of Baring Private Equity Asia Fund VIII, managed by EQT Private Capital Asia completed the acquisition of Perficient, Inc. (NasdaqGS:PRFT) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Wellington Management Group LLP and others.

Chesapeake Energy Corporation (NasdaqGS:CHK) completed the acquisition of Southwestern Energy Company (NYSE:SWN).

BlackRock, Inc. to Report Q3, 2024 Results on Oct 11, 2024

Boston Scientific Corporation (NYSE:BSX) completed the acquisition of Silk Road Medical, Inc (NasdaqGS:SILK) from a group of shareholders.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Noble Corporation plc (NYSE:NE) completed the acquisition of Diamond Offshore Drilling, Inc. (NYSE:DO) from BlackRock, Inc. (NYSE:BLK), KGH Ltd., The Vanguard Group, Inc., Capital Research Global Investors and others

Nordson Medical Corporation completed the acquisition of Atrion Corporation (NasdaqGS:ATRI) from a group of shareholders.

Japan Tobacco Inc. (TSE:2914) entered into a definitive agreement to acquire Vector Group Ltd. (NYSE:VGR) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Frost Gamma Investments Trust and others for approximately $2.4 billion.

Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of U.S. Silica Holdings, Inc. (NYSE:SLCA) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP and others.

JD Sports Fashion Plc (LSE:JD.) completed the acquisition of Hibbett, Inc. (NasdaqGS:HIBB) from a group of sellers.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.