BlackRock Inc. (BLK): Price and Financial Metrics
BLK Price/Volume Stats
| Current price | $645.24 | 52-week high | $785.65 |
| Prev. close | $643.39 | 52-week low | $503.12 |
| Day low | $640.68 | Volume | 696,000 |
| Day high | $647.55 | Avg. volume | 634,937 |
| 50-day MA | $695.89 | Dividend yield | 3.04% |
| 200-day MA | $692.18 | Market Cap | 96.34B |
BLK Stock Price Chart Interactive Chart >
BLK POWR Grades
- BLK scores best on the Momentum dimension, with a Momentum rank ahead of 85.32% of US stocks.
- BLK's strongest trending metric is Stability; it's been moving up over the last 177 days.
- BLK's current lowest rank is in the Value metric (where it is better than 13.85% of US stocks).
BLK Stock Summary
- BLACKROCK INC's market capitalization of $98,554,668,043 is ahead of 97.78% of US-listed equities.
- With a price/sales ratio of 5.68, BLACKROCK INC has a higher such ratio than 82.93% of stocks in our set.
- In terms of volatility of its share price, BLK is more volatile than merely 7.03% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to BLACKROCK INC are ADP, BKNG, INFY, HDB, and MDLZ.
- Visit BLK's SEC page to see the company's official filings. To visit the company's web site, go to www.blackrock.com.
BLK Valuation Summary
- In comparison to the median Financial Services stock, BLK's price/sales ratio is 500% higher, now standing at 6.
- BLK's price/sales ratio has moved up 0.1 over the prior 243 months.
Below are key valuation metrics over time for BLK.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| BLK | 2023-09-15 | 6.0 | 2.7 | 20.1 | 15.5 |
| BLK | 2023-09-14 | 6.1 | 2.8 | 20.3 | 15.7 |
| BLK | 2023-09-13 | 6.0 | 2.7 | 20.1 | 15.5 |
| BLK | 2023-09-12 | 6.0 | 2.7 | 20.1 | 15.5 |
| BLK | 2023-09-11 | 6.0 | 2.7 | 20.0 | 15.4 |
| BLK | 2023-09-08 | 5.9 | 2.7 | 19.9 | 15.3 |
BLK Growth Metrics
- Its 3 year net income to common stockholders growth rate is now at 43.78%.
- Its 2 year net cashflow from operations growth rate is now at 134.68%.
- The 2 year revenue growth rate now stands at 32.02%.
The table below shows BLK's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 18,642 | 4,900 | 5,562 |
| 2022-06-30 | 19,381 | 4,914 | 5,837 |
| 2022-03-31 | 19,675 | 5,095 | 6,138 |
| 2021-12-31 | 19,374 | 4,944 | 5,901 |
| 2021-09-30 | 18,746 | 5,006 | 5,806 |
| 2021-06-30 | 18,065 | 4,227 | 5,489 |
BLK's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- BLK has a Quality Grade of C, ranking ahead of 47.41% of graded US stocks.
- BLK's asset turnover comes in at 0.104 -- ranking 199th of 443 Trading stocks.
- ADC, MAA, and EQC are the stocks whose asset turnover ratios are most correlated with BLK.
The table below shows BLK's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.104 | 0.825 | 0.054 |
| 2021-03-31 | 0.100 | 0.822 | 0.052 |
| 2020-12-31 | 0.100 | 0.821 | 0.049 |
| 2020-09-30 | 0.098 | 0.822 | 0.047 |
| 2020-06-30 | 0.094 | 0.817 | 0.044 |
| 2020-03-31 | 0.092 | 0.816 | 0.042 |
BLK Price Target
For more insight on analysts targets of BLK, see our BLK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $1,003.00 | Average Broker Recommendation | 1.46 (Moderate Buy) |
BlackRock Inc. (BLK) Company Bio
BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with over $8 trillion in assets under management as of January 2021. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. (Source:Wikipedia)
Latest BLK News From Around the Web
Below are the latest news stories about BLACKROCK INC that investors may wish to consider to help them evaluate BLK as an investment opportunity.
BlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETFTORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final September 2023 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on September 26, 2023 will receive cash distributions payable on September 29, 2023. Details regarding the final “per unit” distribution amounts are as follows: Fund NameFund Ticker Cash Distribution |
BlackRock anticipates further climb in 10-year Treasury yield amid sustained high ratesIn a recent development, the world's leading asset manager, BlackRock Inc (NYSE:BLK)., suggested on Monday that the 10-year Treasury yield, which recently reached a 16-year high above 4.5%, could potentially ascend even higher. The New York-based firm oversees approximately $9.4 trillion in assets as of the end of Q2 and has indicated that financial markets are gradually adjusting to the idea of enduring elevated interest rates. |
High Treasury Yields Forecasted Amid Turbulent Macroeconomic ClimateThe global financial markets, on Monday, witnessed a surge in long-term government yields across Europe and the Americas. BlackRock Inc (NYSE:BLK)., the world's leading asset manager, suggested that the benchmark 10-year Treasury yield, which recently reached a 16-year high of over 4.5%, could potentially climb even higher. This expectation aligns with the wider market sentiment that anticipates sustained high rates amidst a turbulent macroeconomic climate marked by uncertainty around central ba |
Valkyrie Funds sets October launch for Bitcoin ETF, amid growing trend in traditional financeValkyrie Funds, a renowned asset management firm, is set to launch its Bitcoin ETF on October 20, a move that underscores the growing interest in cryptocurrencies among traditional financial entities. The firm originally filed for this product on May 15, according to Bloomberg Intelligence research analyst James Seyffart. |
RPT-No volatility jump in Indian bonds after JPMorgan inclusion, says BlackRockIndian bond markets won't see a jump in volatility in the near-term after JPMorgan announced India's inclusion in its widely tracked emerging market debt index, BlackRock's head of Asia Pacific fixed income said on Friday. JPMorgan said 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion were eligible for inclusion in its Government Bond Index-Emerging Markets (GBI-EM) index and index suite, benchmarked by about $236 billion in global funds. Neeraj Seth, chief investment officer and head of APAC fundamental fixed income at BlackRock, expects inflows of around $20 billion to $25 billion into India after the maximum weight threshold of 10% is achieved on the GBI-EM index. |
BLK Price Returns
| 1-mo | -5.95% |
| 3-mo | -5.96% |
| 6-mo | -2.15% |
| 1-year | 13.42% |
| 3-year | 24.43% |
| 5-year | 56.29% |
| YTD | -6.94% |
| 2022 | -20.40% |
| 2021 | 29.39% |
| 2020 | 47.21% |
| 2019 | 31.87% |
| 2018 | -21.59% |
BLK Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching BLK
Want to do more research on BlackRock Inc's stock and its price? Try the links below:BlackRock Inc (BLK) Stock Price | Nasdaq
BlackRock Inc (BLK) Stock Quote, History and News - Yahoo Finance
BlackRock Inc (BLK) Stock Price and Basic Information | MarketWatch
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