Blackrock Stock Today
| BLK Stock | USD 749.98 2.68 0.36% |
Performance0 of 100
| Odds Of DistressLess than 5
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BlackRock is selling for 749.98 as of the 19th of April 2024. This is a 0.36% increase since the beginning of the trading day. The stock's last reported lowest price was 745.55. BlackRock has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for BlackRock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 1st of October 1999 | Classification Financials |
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. The company has 148.76 M outstanding shares of which 1.82 M shares are currently shorted by investors with about 3.11 days to cover. More on BlackRock
Moving together with BlackRock Stock
| 0.62 | V | Visa Class A Earnings Call This Week | PairCorr |
Moving against BlackRock Stock
| 0.57 | FSK | FS KKR Capital Financial Report 3rd of May 2024 | PairCorr |
| 0.51 | WAVS | Western Acquisition | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 12th of July 2024
BlackRock Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackRock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, BlackRock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BlackRock's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | Laurence Fink | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Wiluna Mining Corporation Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, ARCA Institutional, Hedge Favorites, FinTech, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering BlackRock report their recommendations after researching BlackRock's financial statements, talking to executives and customers, or listening in on BlackRock's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackRock. The BlackRock consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackRock. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of BlackRock's profitability, liquidity, and operating efficiency, BlackRock may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of BlackRock is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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BlackRock's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackRock's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. BlackRock's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of BlackRock's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackRock's financial leverage. It provides some insight into what part of BlackRock's total assets is financed by creditors.
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BlackRock (BLK) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 19,800 people. BlackRock is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 111.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackRock's market, we take the total number of its shares issued and multiply it by BlackRock's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BlackRock runs under Capital Markets sector within Financials industry. The entity has 148.76 M outstanding shares of which 1.82 M shares are currently shorted by investors with about 3.11 days to cover.
BlackRock has about 7.42 B in cash with 4.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 43.42.
Check BlackRock Probability Of Bankruptcy
Ownership AllocationBlackRock holds a total of 148.76 Million outstanding shares. The majority of BlackRock outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in BlackRock to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in BlackRock. Please pay attention to any change in the institutional holdings of BlackRock as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackRock Ownership Details
BlackRock Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of BlackRock jumping above the current price in 90 days from now is about 99.0%. The BlackRock probability density function shows the probability of BlackRock stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5067 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BlackRock will likely underperform. Additionally, blackRock has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BlackRock to move above the current price in 90 days from now is about 99.0 (This BlackRock probability density function shows the probability of BlackRock Stock to fall within a particular range of prices over 90 days) .
BlackRock Stock Institutional Holders
Institutional Holdings refers to the ownership stake in BlackRock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BlackRock's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BlackRock's value.| Instituion | Recorded On | Shares | |
| Wells Fargo & Co | 2023-12-31 | 2.6 M | |
| Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 2.5 M | |
| Fmr Inc | 2023-12-31 | 2.3 M | |
| Norges Bank | 2023-12-31 | 2.2 M | |
| Fisher Asset Management, Llc | 2023-12-31 | 2 M | |
| Wellington Management Company Llp | 2023-12-31 | 1.7 M | |
| Northern Trust Corp | 2023-12-31 | 1.5 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | |
| Vanguard Group Inc | 2023-12-31 | 12.9 M | |
| Blackrock Inc | 2023-12-31 | 9.6 M |
BlackRock Historical Income Statement
BlackRock Income Statement is one of the three primary financial statements used for reporting BlackRock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BlackRock revenue and expense. BlackRock Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BlackRock's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 7.4 B this year, although the value of Income Tax Expense will most likely fall to about 765 M. View More FundamentalsBlackRock Stock Against Markets
Picking the right benchmark for BlackRock stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackRock stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackRock is critical whether you are bullish or bearish towards BlackRock at a given time. Please also check how BlackRock's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BlackRock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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BlackRock Corporate Directors
BlackRock corporate directors refer to members of a BlackRock board of directors. The board of directors generally takes responsibility for the BlackRock's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BlackRock's board members must vote for the resolution. The BlackRock board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mathis Cabiallavetta | Independent Director | Profile | |
| David Komansky | Independent Director | Profile | |
| Bader Alsaad | Independent Director | Profile | |
| Robert Goldstein | Chief Operating Officer, Senior Managing Director, Global Head of BlackRock Solutions | Profile |
How to buy BlackRock Stock?
Before investing in BlackRock, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BlackRock. To buy BlackRock stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackRock. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BlackRock stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BlackRock stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BlackRock stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BlackRock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BlackRock Stock please use our How to Invest in BlackRock guide.
Already Invested in BlackRock?
The danger of trading BlackRock is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackRock is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackRock. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for BlackRock Stock analysis
When running BlackRock's price analysis, check to measure BlackRock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock is operating at the current time. Most of BlackRock's value examination focuses on studying past and present price action to predict the probability of BlackRock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock's price. Additionally, you may evaluate how the addition of BlackRock to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.372 | Dividend Share 20.1 | Earnings Share 39.36 | Revenue Per Share 123.091 | Quarterly Revenue Growth 0.114 |
The market value of BlackRock is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock's value that differs from its market value or its book value, called intrinsic value, which is BlackRock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock's market value can be influenced by many factors that don't directly affect BlackRock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.