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BlackRock (BLK) Stock

Profile

Country:

United States

IPO:

01 October 1999

Indexes:

Description:

BlackRock, Inc. - a leading global investment company. Founded in 1988, its headquarters are located in New York. Additional offices are located in more than 30 countries around the world. It offers a wide range of investment services for institutional and retail clients. BlackRock also offers technology services, including the investment and risk management technology platform Aladdin, Aladdin Wealth, Cachematrix, and FutureAdvisor. BlackRock, Inc. was founded in 1988 and is based in New York with additional offices in Boston, Massachusetts; London, UK; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, UK; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, D.C.; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

Key Details

Price

$1021.17

TTM Dividend Yield

2.00%(-21.88% YoY)

PE Ratio

25.20(+17.98% YoY)

Beta

0.83

Events Calendar

Earnings

Next earnings date:

Jan 10, 2025

Recent quarterly earnings:

Oct 11, 2024

Recent annual earnings:

Jan 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 05, 2024
Splits

Next split:

N/A

Recent split:

June 05, 2007

Analyst ratings

Recent major analysts updates

23 Dec '24 Citigroup
Buy
20 Dec '24 Morgan Stanley
Overweight
09 Dec '24 Barclays
Overweight
11 Nov '24 Deutsche Bank
Buy
07 Nov '24 Evercore ISI Group
Outperform
14 Oct '24 Morgan Stanley
Overweight
14 Oct '24 Evercore ISI Group
Outperform
14 Oct '24 Barclays
Overweight
10 Oct '24 TD Cowen
Buy
09 Oct '24 Wells Fargo
Overweight

Market Data

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Institutional Ownership

BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
BLK
seekingalpha.com03 January 2025

BlackRock TCP Capital: A Change in Direction (Rating Increase)

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
BLK
businesswire.com02 January 2025

NEW YORK--(BUSINESS WIRE)---- $BBN--Some BlackRock closed-end funds (the “Funds”) have announced their distributions today, as outlined below. For Municipal Funds, the declaration date is 1/2/2025, the ex-date is 1/15/2025, the record date is also 1/15/2025, and payments will be made on 2/3/2025. The National Funds ticker and their distribution changes from the previous amounts are as follows: BlackRock Municipal Income Quality Trust* BYM $0.055500, BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500, BlackRock MuniAssets Fund, Inc.* MUA $0.055500, and BlackRock Municipal Income Fund, Inc.* MUI $.

BlackRock Receives Deadline From FDIC for Passivity Agreement
BlackRock Receives Deadline From FDIC for Passivity Agreement
BlackRock Receives Deadline From FDIC for Passivity Agreement
BLK
zacks.com31 December 2024

BLK has been given a deadline by the FDIC to agree to the passivity agreement by January 10. This will allow the regulator to increase its examination of investments in banks that are regulated by the FDIC.

Bank regulator gives BlackRock January deadline on bank stakes
Bank regulator gives BlackRock January deadline on bank stakes
Bank regulator gives BlackRock January deadline on bank stakes
BLK
reuters.com30 December 2024

The U.S. Federal Deposit Insurance Corporation has informed asset manager BlackRock that it must agree to a deal by January 10. This agreement would enable the agency to increase its oversight of BlackRock's investments in banks regulated by the FDIC, as stated by a source familiar with the situation.

BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
BLK
globenewswire.com27 December 2024

On December 27, 2024, BlackRock Asset Management Canada Limited, a fully-owned subsidiary of BlackRock, Inc., announced the final annual reinvested capital gains distributions for the iShares ETFs that are listed on the TSX or Cboe Canada for the 2024 tax year.

BlackRock® Canada Announces Final December Cash Distributions for the iShares® ETFs
BlackRock® Canada Announces Final December Cash Distributions for the iShares® ETFs
BlackRock® Canada Announces Final December Cash Distributions for the iShares® ETFs
BLK
globenewswire.com27 December 2024

TORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited, a fully-owned subsidiary of BlackRock, Inc. (NYSE: BLK), has announced the final cash distributions for December for the iShares ETFs listed on the TSX or Cboe Canada. Investors who are on record for a fund as of December 30, 2024, will receive their cash distributions on January 3, 2025.

Unlocking Value From MSCI, The Index Fund Powerhouse
Unlocking Value From MSCI, The Index Fund Powerhouse
Unlocking Value From MSCI, The Index Fund Powerhouse
BLK
seekingalpha.com25 December 2024

Discovering the Benefits of MSCI, the Leader in Index Funds.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
BLK
businesswire.com23 December 2024

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, several BlackRock trusts were mentioned, including the BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) and the BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ).

BlackRock Finance (BLK) Rises Higher Than Market: Key Facts
BlackRock Finance (BLK) Rises Higher Than Market: Key Facts
BlackRock Finance (BLK) Rises Higher Than Market: Key Facts
BLK
zacks.com23 December 2024

BlackRock Finance (BLK) closed at $1,039.70 on the most recent trading day, showing an increase of 1.07% from its previous closing price.

BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
BLK
globenewswire.com19 December 2024

BlackRock Asset Management Canada Limited, a subsidiary of BlackRock, Inc., announced on November 8, 2024, that it planned to hold a special meeting for unitholders of the iShares Premium Money Market ETF on January 22, 2025. The purpose of the meeting was to approve a change in the fund's investment objective to allow investments in asset-backed commercial paper. However, due to a labor disruption at Canada Post, the meeting has been postponed to February 3, 2025.

FAQ

  • What is the primary business of BlackRock?
  • What is the ticker symbol for BlackRock?
  • Does BlackRock pay dividends?
  • What sector is BlackRock in?
  • What industry is BlackRock in?
  • What country is BlackRock based in?
  • When did BlackRock go public?
  • Is BlackRock in the S&P 500?
  • Is BlackRock in the NASDAQ 100?
  • Is BlackRock in the Dow Jones?
  • When was BlackRock's last earnings report?
  • When does BlackRock report earnings?
  • Should I buy BlackRock stock now?

What is the primary business of BlackRock?

BlackRock, Inc. - a leading global investment company. Founded in 1988, its headquarters are located in New York. Additional offices are located in more than 30 countries around the world. It offers a wide range of investment services for institutional and retail clients. BlackRock also offers technology services, including the investment and risk management technology platform Aladdin, Aladdin Wealth, Cachematrix, and FutureAdvisor. BlackRock, Inc. was founded in 1988 and is based in New York with additional offices in Boston, Massachusetts; London, UK; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, UK; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, D.C.; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

What is the ticker symbol for BlackRock?

The ticker symbol for BlackRock is NYSE:BLK

Does BlackRock pay dividends?

Yes, BlackRock pays dividends. The last payment was $5.10, with an ex-dividend date on 05 December 2024

What sector is BlackRock in?

BlackRock is in the Financial Services sector

What industry is BlackRock in?

BlackRock is in the Asset Management industry

What country is BlackRock based in?

BlackRock is headquartered in United States

When did BlackRock go public?

BlackRock's initial public offering (IPO) was on 01 October 1999

Is BlackRock in the S&P 500?

Yes, BlackRock is included in the S&P 500 index

Is BlackRock in the NASDAQ 100?

No, BlackRock is not included in the NASDAQ 100 index

Is BlackRock in the Dow Jones?

No, BlackRock is not included in the Dow Jones index

When was BlackRock's last earnings report?

BlackRock's most recent earnings report was on 11 October 2024

When does BlackRock report earnings?

The next expected earnings date for BlackRock is 10 January 2025

Should I buy BlackRock stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions