BlackRock, Inc. is a publicly owned investment manager. More Details
Established dividend payer with proven track record.
Share Price & News
How has BlackRock's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BLK's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: BLK underperformed the US Capital Markets industry which returned 56.8% over the past year.
Return vs Market: BLK exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BlackRock's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHave Insiders Sold BlackRock, Inc. (NYSE:BLK) Shares Recently?
1 month ago | Simply Wall StDid You Participate In Any Of BlackRock's (NYSE:BLK) Fantastic 203% Return ?
2 months ago | Simply Wall StIt's Unlikely That BlackRock, Inc.'s (NYSE:BLK) CEO Will See A Huge Pay Rise This Year
Is BlackRock undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BLK ($867.17) is trading below our estimate of fair value ($927.1)
Significantly Below Fair Value: BLK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BLK is poor value based on its PE Ratio (24.1x) compared to the US Capital Markets industry average (12.9x).
PE vs Market: BLK is poor value based on its PE Ratio (24.1x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: BLK is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: BLK is good value based on its PB Ratio (3.7x) compared to the US Capital Markets industry average (61.4x).
How is BlackRock forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLK's forecast earnings growth (12.6% per year) is above the savings rate (2%).
Earnings vs Market: BLK's earnings (12.6% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: BLK's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLK's revenue (9.6% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: BLK's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLK's Return on Equity is forecast to be low in 3 years time (18%).
How has BlackRock performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLK has high quality earnings.
Growing Profit Margin: BLK's current net profit margins (30.4%) are higher than last year (29.5%).
Past Earnings Growth Analysis
Earnings Trend: BLK's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: BLK's earnings growth over the past year (23.6%) exceeds its 5-year average (7.9% per year).
Earnings vs Industry: BLK earnings growth over the past year (23.6%) underperformed the Capital Markets industry 55.6%.
Return on Equity
High ROE: BLK's Return on Equity (16.1%) is considered low.
How is BlackRock's financial position?
Financial Position Analysis
Short Term Liabilities: BLK's short term assets ($25.9B) exceed its short term liabilities ($18.8B).
Long Term Liabilities: BLK's short term assets ($25.9B) do not cover its long term liabilities ($117.3B).
Debt to Equity History and Analysis
Debt Level: BLK's debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: BLK's debt to equity ratio has increased from 17% to 18.7% over the past 5 years.
Debt Coverage: BLK's debt is well covered by operating cash flow (58%).
Interest Coverage: BLK's interest payments on its debt are well covered by EBIT (47x coverage).
What is BlackRock current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BLK's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: BLK's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: BLK's dividends per share have been stable in the past 10 years.
Growing Dividend: BLK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.1%), BLK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BLK's dividends in 3 years are forecast to be well covered by earnings (43.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Fink (69 yo)
Mr. Laurence Douglas Fink, also known as Larry, serves as Chief Executive Officer and Chairman at BlackRock, Inc. Mr. Fink co-founded BlackRock in 1988 and focuses on client centric solutions and innovatio...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD27.36M) is above average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
Experienced Management: BLK's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: BLK's board of directors are considered experienced (8.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
BlackRock, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: BlackRock, Inc.
- Ticker: BLK
- Exchange: NYSE
- Founded: 1988
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$132.069b
- Shares outstanding: 152.30m
- Website: https://www.blackrock.com
Number of Employees
- BlackRock, Inc.
- 55 East 52nd Street
- New York
- New York
- United States
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 pe...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:01|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.