Blackrock Credit Allocation Stock Today
| BTZ Stock | USD 10.08 0.01 0.1% |
Performance0 of 100
| Odds Of DistressLess than 1
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BlackRock Credit is trading at 10.08 as of the 19th of April 2024; that is -0.1 percent down since the beginning of the trading day. The stock's open price was 10.09. BlackRock Credit has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BlackRock Credit Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 22nd of December 2006 | Classification Financials |
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States. Blackrock Preferred is traded on New York Stock Exchange in the United States.. The company has 93.32 M outstanding shares of which 83.58 K shares are currently shorted by investors with about 0.34 days to cover. More on BlackRock Credit Allocation
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| 0.55 | FDUS | Fidus Investment Corp Financial Report 2nd of May 2024 | PairCorr |
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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 Credit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock Credit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Perlowski | |||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering BlackRock Credit report their recommendations after researching BlackRock Credit's financial statements, talking to executives and customers, or listening in on BlackRock Credit's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackRock Credit All. The BlackRock consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackRock Credit. | ||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to BlackRock Credit's liquidity, profitability, solvency, and operating efficiency, BlackRock Credit Allocation is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of BlackRock Credit All is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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BlackRock Credit's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackRock Credit's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||
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 Credit's financial leverage. It provides some insight into what part of BlackRock Credit's total assets is financed by creditors.
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BlackRock Credit Allocation (BTZ) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 38 people. BlackRock Credit is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 936.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackRock Credit's market, we take the total number of its shares issued and multiply it by BlackRock Credit'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 Credit All runs under Capital Markets sector within Financials industry. The entity has 93.32 M outstanding shares of which 83.58 K shares are currently shorted by investors with about 0.34 days to cover.
BlackRock Credit Allocation has about 3.76 M in cash with 64.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership AllocationBlackRock Credit holds a total of 93.32 Million outstanding shares. 30% of BlackRock Credit Allocation outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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.
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BlackRock Stock Price Odds Analysis
Based on a normal probability distribution, the odds of BlackRock Credit jumping above the current price in 90 days from now is close to 99%. The BlackRock Credit Allocation probability density function shows the probability of BlackRock Credit stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon BlackRock Credit has a beta of 0.3756 suggesting as returns on the market go up, BlackRock Credit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BlackRock Credit Allocation will be expected to be much smaller as well. Additionally, blackRock Credit Allocation 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 Credit to move above the current price in 90 days from now is close to 99 (This BlackRock Credit Allocation probability density function shows the probability of BlackRock Stock to fall within a particular range of prices over 90 days) .
BlackRock Credit Historical Income Statement
BlackRock Credit Allocation 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 Credit All revenue and expense. BlackRock Credit Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BlackRock Credit's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 596.2 K in 2024, despite the fact that EBIT is likely to grow to (230.9 M). View More FundamentalsBlackRock Stock Against Markets
Picking the right benchmark for BlackRock Credit 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 Credit 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 Credit is critical whether you are bullish or bearish towards BlackRock Credit Allocation at a given time. Please also check how BlackRock Credit's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in BlackRock Credit 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 Credit Corporate Management
Elected by the shareholders, the BlackRock Credit's board of directors comprises two types of representatives: BlackRock Credit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock Credit's management team and ensure that shareholders' interests are well served. BlackRock Credit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackRock Credit's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Henry Gabbay | Independent Trustee | Profile | |
| Kathleen Feldstein | Independent Trustee | Profile | |
| CFA CFA | Portfolio Mang | Profile | |
| Janey Ahn | Secretary | Profile | |
| David Antonelli | Portfolio Manager | Profile | |
| Michael Castellano | Independent Trustee | Profile |
How to buy BlackRock Stock?
Before investing in BlackRock Credit, 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 Credit. To buy BlackRock Credit stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackRock Credit. 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 Credit stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BlackRock Credit Allocation 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 Credit Allocation 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 Credit Allocation, 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 Credit guide.
Already Invested in BlackRock Credit Allocation?
The danger of trading BlackRock Credit Allocation 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 Credit 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 Credit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock Credit All 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 Credit All offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Credit's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Credit Allocation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Credit Allocation Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Credit Allocation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for BlackRock Stock analysis
When running BlackRock Credit's price analysis, check to measure BlackRock Credit'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 Credit is operating at the current time. Most of BlackRock Credit's value examination focuses on studying past and present price action to predict the probability of BlackRock Credit'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 Credit's price. Additionally, you may evaluate how the addition of BlackRock Credit to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock Credit'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 Credit. 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 Credit 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 13.502 | Dividend Share 1.007 | Earnings Share 1.41 | Revenue Per Share 1.12 | Quarterly Revenue Growth 0.126 |
The market value of BlackRock Credit All 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 Credit's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Credit'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 Credit's market value can be influenced by many factors that don't directly affect BlackRock Credit'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 Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Credit'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.