BlackRock, Inc. (BLK)
| Market Cap | 120.76B |
| Revenue (ttm) | 17.57B |
| Net Income (ttm) | 5.39B |
| Shares Out | 148.76M |
| EPS (ttm) | 35.66 |
| PE Ratio | 22.77 |
| Forward PE | 22.31 |
| Dividend | $20.00 (2.46%) |
| Ex-Dividend Date | Dec 6, 2023 |
| Volume | 318,513 |
| Open | 812.60 |
| Previous Close | 814.41 |
| Day's Range | 808.64 - 816.17 |
| 52-Week Range | 596.18 - 819.00 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 781.23 (-3.77%) |
| Earnings Date | Jan 12, 2024 |
About BLK
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. The firm manages separate client-focused equity, fixed income, and balanced port... [Read more]
Financial Performance
In 2022, BlackRock's revenue was $17.87 billion, a decrease of -7.75% compared to the previous year's $19.37 billion. Earnings were $5.18 billion, a decrease of -12.25%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for BLK stock is "Buy." The 12-month stock price forecast is $781.23, which is a decrease of -3.77% from the latest price.
News
BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF
Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Ex...
BlackRock to Report Fourth Quarter 2023 Earnings on January 12th
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today announced that it will report fourth quarter 2023 earnings prior to the opening of the New York Stock Exchange on Friday, January 12, 2024....
BlackRock® Canada Announces Final December Cash Distributions for the iShares® Premium Money Market ETF
TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fina...
BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fina...
Blackrock Silver Annual Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2023) - Blackrock Silver Corp. (TSXV: BRC) (the "Company", "Blackrock", "we", "our" or "us") is pleased to provide the following Shareholder...
BlackRock® Canada Announces Final December Cash Distributions for the iShares® ETFs
TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the fina...
BlackRock held partnership talks with Warburg Pincus - FT
Dec 21 (Reuters) - The world's largest asset management firm BlackRock (BLK.N) held partnership talks with U.S.-based private equity firm Warburg Pincus nearly two years ago, the Financial Times repor...
BlackRock Announces Product Updates to 10 iShares ETFs
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today announced its plans to implement stock splits for the ETFs listed below. These splits will lower the share price and increase the number of...
BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs
TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the esti...
BlackRock® Canada Announces Estimated Annual Reinvested Capital Gains Distributions for the iShares® ETFs
TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the esti...
Participation Notification by BlackRock Inc.
Participation notification by BlackRock Inc. Brussels, Belgium – December 20, 2023 - 8:30 CET According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (50 Hudson Yards, New Y...
Participation Notification by Blackrock Inc.
Regulated information Brussels, December 20, 2023, 08:30 CET According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (50 Hudson Yards, New York, NY, 10001, U.S.A.) recently ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On BlackRock, Inc. - BLK
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of BlackRock, Inc. ("BlackRock" or the "Company") (NASDAQ: BLK). Such investors are advised to contact Danielle...
Blackrock accused of misleading customers about ESG investments
Tennessee Attorney General Jonathan Skrmetti details his lawsuit against Blackrock on ‘Varney & Co.'
Tennessee sues BlackRock citing 'misleading' ESG strategy
The U.S. state of Tennessee has sued BlackRock alleging the world's largest asset manager breached consumer protection laws by making "misleading" statements about its environmental, social and corpor...
BlackRock Bond Chief Rieder Launches Second ETF
BlackRock Inc. bond chief Rick Rieder is expanding his footprint in the $7.8 trillion ETF industry with the launch of his second fund. His newest entry is called the BlackRock Total Return ETF which t...
How a big, messy ‘cleanup' in crypto could pave way for a more regulated, mature market in 2024
After what industry participants are calling a big, messy “cleanup” of the digital asset industry, crypto bulls are hopeful that the fledgling space will be anchored by more established, regulated pla...
BlackRock to invest up to $400 mln in Dubai decarbonisation firm Positive Zero
BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday.
Exxon Mobil ends talks with BlackRock for Italy LNG terminal sale
Asset manager BlackRock Inc has bowed out of talks to acquire Exxon Mobil Corp 's majority stake in Italy's main liquefied natural gas (LNG) import terminal, three people with knowledge of the matter ...
BlackRock, State Street subpoenaed in House's ESG investigation
The House Judiciary Committee, chaired by Rep. Jim Jordan, on Friday subpoenaed BlackRock and State Street Global Advisors for documents and communications related to the panel's probe into environmen...
Blackrock Silver Announces Annual General Meeting Results
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2023) - Blackrock Silver Corp. (TSXV: BRC) (the "Company" or "Blackrock") is pleased to report that all resolutions proposed and voted on at...
Calls of the Day: BlackRock, General Electric, Palo Alto, Fortinet and Boeing
The Halftime Investment Committee discusses BlackRock, General Electric, Palo Alto, Fortinet and Boeing.
BlackRock draws downgrade on ETF competition
BlackRock Inc. drew a downgrade to neutral from buy at JPMorgan on Friday as analysts said the stock appears to have reached a full valuation as it faces market-share pressure in its exchange-traded-f...
BlackRock's Wei Li Says These Assets Benefit From 2024 Policy Pivot
BlackRock chief investment strategist Wei Li breaks down the assets which could benefit most from the central bank monetary policy loosening which is expected to unfold in 2024. "I cannot help but won...
BlackRock's Rick Rieder Has a New Active ETF
This year has seen several “star” fund managers add ETFs to their résumés.