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

BLK Stock Overview

A publicly owned investment manager. More details

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

Rewards

Earnings are forecast to grow 10.86% per year

Earnings have grown 5.6% per year over the past 5 years

Pays a reliable dividend of 1.96%

Risk Analysis

Shareholders have been diluted in the past year

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 16 Analysts

Expanding Horizons In Private Markets And AI Investments To Drive Long-Term Revenue Growth

Key Takeaways Acquisitions and strategic partnerships in private markets and infrastructure are set to enhance revenue and expand BlackRock's investment capabilities. Integration of public and private markets supports growth in assets under management and boosts net margin potential.

View narrative

US$1.09k

4.7% undervalued

13.63%

Revenue growth p.a.

6 days ago

BlackRock, Inc. Competitors

KKR

NYSE:KKR

US$141.8b

Bank of New York Mellon

NYSE:BK

US$59.0b

Ares Management

NYSE:ARES

US$54.5b

Blackstone

NYSE:BX

US$228.5b

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock
Historical stock prices
Current Share Price	US$1,039.00
52 Week High	US$1,068.34
52 Week Low	US$742.22
Beta	1.3
11 Month Change	5.47%
3 Month Change	17.20%
1 Year Change	37.74%
33 Year Change	12.82%
5 Year Change	110.31%
Change since IPO	7,255.75%

BlackRock's Growth Could Be Reaching A Ceiling

Dec 02

Recent updates

Shareholder Returns

	BLK	US Capital Markets	US Market
7D	1.2%	-1.0%	0.4%
1Y	37.7%	51.1%	32.3%

Return vs Industry: BLK underperformed the US Capital Markets industry which returned 51.1% over the past year.

Return vs Market: BLK exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is BLK's price volatile compared to industry and market?
BLK volatility
BLK Average Weekly Movement	2.4%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: BLK's weekly volatility (2%) 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?
BLK fundamental statistics
Market cap	US$157.99b
Earnings (TTM)	US$6.07b
Revenue (TTM)	US$19.36b

26.5x

P/E Ratio

8.3x

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$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 BLK perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

50%

Payout Ratio

Does BLK pay a reliable dividends?

See BLK dividend history and benchmarks

When do you need to buy BLK by to receive an upcoming dividend?
BlackRock dividend dates
Ex Dividend Date	Dec 05 2024
Dividend Pay Date	Dec 23 2024
Days until Ex dividend	1 day
Days until Dividend pay date	19 days

Does BLK pay a reliable dividends?

See BLK dividend history and benchmarks

BLK Stock Overview

Rewards

Risk Analysis

Expanding Horizons In Private Markets And AI Investments To Drive Long-Term Revenue Growth

BlackRock, Inc. Competitors

NYSE:KKR

US$141.8b

NYSE:BK

US$59.0b

NYSE:ARES

US$54.5b

NYSE:BX

US$228.5b

Price History & Performance

Recent News & Updates

BlackRock, Inc. (NYSE:BLK) entered into a definitive agreement to acquire HPS Investment Partners for $14.4 billion.

BlackRock's Growth Could Be Reaching A Ceiling

Tony Buzbee Announces the State of Texas Suing Blackrock, State Street and Vanguard

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 completed the acquisition of Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others.

Third quarter dividend of US$5.10 announced

ConocoPhillips (NYSE:COP) completed the acquisition of Marathon Oil Corporation (NYSE:MRO) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), Invesco Ltd. (NYSE:IVZ) and others.

Recent updates

BlackRock, Inc. (NYSE:BLK) entered into a definitive agreement to acquire HPS Investment Partners for $14.4 billion.

BlackRock's Growth Could Be Reaching A Ceiling

Tony Buzbee Announces the State of Texas Suing Blackrock, State Street and Vanguard

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 completed the acquisition of Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others.

Third quarter dividend of US$5.10 announced

ConocoPhillips (NYSE:COP) completed the acquisition of Marathon Oil Corporation (NYSE:MRO) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), Invesco Ltd. (NYSE:IVZ) and others.

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

New minor risk - Shareholder dilution

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Better Trim Your Blackrock Position

Blackrock Reportedly in Talks to Buy Minority Interest in Millennium's Hedge Fund

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.

Price target increased by 9.5% to US$1,064

Third quarter 2024 earnings released: EPS: US$11.02 (vs US$10.75 in 3Q 2023)

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.

Why BlackRock Is Macro Trade On Global Liquidity

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.

Shareholder Returns

Price Volatility

About the Company

BlackRock, Inc. Fundamentals Summary

26.5x

8.3x

Earnings & Revenue

Dividends

2.0%

50%