BlackRock (BRSE:BLK) - Stock Price, News & Analysis

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

BLK Stock Overview

A publicly owned investment manager.

About the company

BLK fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	5/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 18.7% below our estimate of its fair value

Earnings are forecast to grow 8.17% per year

Earnings grew by 16.6% over the past year

Pays a reliable dividend of 2.18%

Risk Analysis

Significant insider selling over the past 3 months

BlackRock, Inc. Competitors

Partners Group Holding

SWX:PGHN

CHF 32.9b

Julius Bär Gruppe

SWX:BAER

CHF 11.1b

VZ Holding

SWX:VZN

CHF 5.6b

Vontobel Holding

SWX:VONN

CHF 3.2b

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock
Historical stock prices
Current Share Price	US$513.00
52 Week High	US$0
52 Week Low	US$0
Beta	1.32
11 Month Change	0%
3 Month Change	0%
1 Year Change	0%
33 Year Change	8.00%
5 Year Change	8.00%
Change since IPO	57.17%

Recent updates

Shareholder Returns

	BLK	CH Capital Markets	CH Market
7D	0%	-1.9%	-1.1%
1Y	0%	29.6%	16.2%

Return vs Industry: BLK underperformed the Swiss Capital Markets industry which returned 18.9% over the past year.

Return vs Market: BLK underperformed the Swiss Market which returned 10.1% over the past year.

Price Volatility

Is BLK's price volatile compared to industry and market?
BLK volatility
BLK Average Weekly Movement	0%
Capital Markets Industry Average Movement	3.1%
Market Average Movement	3.3%
10% most volatile stocks in CH Market	7.2%
10% least volatile stocks in CH Market	1.6%

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

Volatility Over Time: Insufficient data to determine BLK's volatility change 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?
BLK fundamental statistics
Market cap	CHF 117.38b
Earnings (TTM)	CHF 5.13b
Revenue (TTM)	CHF 15.85b

22.9x

P/E Ratio

7.4x

P/S Ratio

Is BLK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLK income statement (TTM)
Revenue	US$18.69b
Cost of Revenue	US$9.47b
Gross Profit	US$9.22b
Other Expenses	US$3.17b
Earnings	US$6.05b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 11, 2024

Earnings per share (EPS)	40.82
Gross Margin	49.32%
Net Profit Margin	32.36%
Debt/Equity Ratio	23.3%

How did BLK perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

50%

Payout Ratio

This company listing is no longer active

BLK Stock Overview

Rewards

Risk Analysis

BlackRock, Inc. Competitors

SWX:PGHN

CHF 32.9b

SWX:BAER

CHF 11.1b

SWX:VZN

CHF 5.6b

SWX:VONN

CHF 3.2b

Price History & Performance

Recent News & Updates

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.

Recent updates

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

Upcoming dividend of US$5.10 per share

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.

Independent Director recently sold CHF1.1m worth of stock

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.

Second quarter dividend of US$5.10 announced

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.

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.

Second quarter 2024 earnings released: EPS: US$10.07 (vs US$9.13 in 2Q 2023)

Bain Capital, LP, Reverence Capital Partners, L.P., BlackRock, Inc. (NYSE:BLK), FMR LLC, Franklin Resources, Inc. (NYSE:BEN) and State Street Global Advisors, Inc. agreed to acquire Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others for $3.6 billion.

Bain Capital, LP, Reverence Capital Partners, L.P., BlackRock, Inc. (NYSE:BLK), FMR LLC, Franklin Resources, Inc. (NYSE:BEN) and State Street Global Advisors, Inc. agreed to acquire Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others for $3.6 billion.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Shareholder Returns

Price Volatility

About the Company

BlackRock, Inc. Fundamentals Summary

22.9x

7.4x

Earnings & Revenue

Dividends

2.2%

50%