Blackrock Stock Today
| BLK Stock | USD 949.19 2.30 0.24% |
Performance20 of 100
| Odds Of DistressLess than 5
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BlackRock is selling for 949.19 as of the 5th of October 2024. This is a 0.24 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 931.03. BlackRock has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of BlackRock's common stock.
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 148.13 M outstanding shares of which 1.82 M shares are currently shorted by investors with about 4.34 days to cover. More on BlackRock
Moving together with BlackRock Stock
| 0.61 | V | Visa Class A Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.8 | DHIL | Diamond Hill Investment | PairCorr |
| 0.72 | DIST | Distoken Acquisition | PairCorr |
| 0.77 | AB | AllianceBernstein | PairCorr |
| 0.8 | AC | Associated Capital | PairCorr |
| 0.95 | BN | Brookfield Corp | PairCorr |
Moving against BlackRock Stock
BlackRock Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| 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, Hedge Favorites, Macroaxis Picks, FinTech, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsBlackRock can leverage 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 19,300 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 140.94 B. BlackRock runs under Capital Markets sector within Financials industry. The entity has 148.13 M outstanding shares of which 1.82 M shares are currently shorted by investors with about 4.34 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 148.13 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 on September 6, 2024, Representative John James of US Congress acquired under $15k worth of BlackRock's common stock.
Check BlackRock Ownership Details
BlackRock Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Norges Bank | 2024-06-30 | 2.4 M | |
| Fisher Asset Management, Llc | 2024-06-30 | 2.2 M | |
| Fmr Inc | 2024-06-30 | 2.1 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.8 M | |
| Ameriprise Financial Inc | 2024-06-30 | 1.7 M | |
| Capital Research & Mgmt Co - Division 3 | 2024-06-30 | 1.4 M | |
| Northern Trust Corp | 2024-06-30 | 1.4 M | |
| Legal & General Group Plc | 2024-06-30 | 1.2 M | |
| Massachusetts Financial Services Company | 2024-06-30 | 1.1 M | |
| Vanguard Group Inc | 2024-06-30 | 13.2 M | |
| Blackrock Inc | 2024-06-30 | 9.5 M |
BlackRock Historical Income Statement
BlackRock Stock Against Markets
BlackRock Corporate Directors
| Mathis Cabiallavetta | Independent Director | Profile | |
| Mark Wilson | Independent Director | Profile | |
| Bader Alsaad | Independent Director | Profile | |
| Mark Wiedman | Senior Managing Director, Head of International and of Corporate Strategy | Profile |
Additional Information and Resources on Investing in BlackRock Stock
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 closely tied 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Asset Management & Custody Banks space 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 0.103 | Dividend Share 20.2 | Earnings Share 40.25 | Revenue Per Share 125.635 | Quarterly Revenue Growth 0.077 |
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.