BLK - BlackRock, Inc.

NYSE - NYSE Delayed Price. Currency in USD
474.03
+10.01 (+2.16%)
At close: 4:02PM EDT
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Previous Close464.02
Open464.00
Bid451.01 x 800
Ask481.67 x 800
Day's Range463.90 - 474.03
52 Week Range360.79 - 557.00
Volume658,072
Avg. Volume568,850
Market Cap73.696B
Beta (3Y Monthly)1.17
PE Ratio (TTM)17.88
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield13.20 (3.09%)
Ex-Dividend Date2019-03-05
1y Target EstN/A
Trade prices are not sourced from all markets
  • Issues in the press about Middle East don't tell me to run away: BlackRock CEO
    CNBC Videos32 minutes ago

    Issues in the press about Middle East don't tell me to run away: BlackRock CEO

    Larry Fink discusses the security issues surrounding the Middle East region and whether they have a substantial impact on investment.

  • The Zacks Analyst Blog Highlights: Roche, Danaher, BlackRock, Kinder Morgan and Allstate
    Zacks1 hour ago

    The Zacks Analyst Blog Highlights: Roche, Danaher, BlackRock, Kinder Morgan and Allstate

    The Zacks Analyst Blog Highlights: Roche, Danaher, BlackRock, Kinder Morgan and Allstate

  • CNBC3 hours ago

    Bad press about the Middle East won't stop me investing there, BlackRock's Fink says

    BlackRock's Larry Fink said the press was playing a good role in addressing issues in the Middle East. Aberdeen Standard Investments chairman says it's necessary to look past the security situation. Negative media reports about the Middle East and the ruling authorities in the region are not a reason to end investment plans, according to the CEO of BlackRock.

  • BlackRock to Open Saudi Office as Fink Scouts for Mideast Deals
    Bloomberg4 hours ago

    BlackRock to Open Saudi Office as Fink Scouts for Mideast Deals

    “The changes in Saudi Arabia are pretty amazing,” Chief Executive Officer Larry Fink said at a financial summit in Riyadh on Wednesday. The New York-based company was a “substantial investor” in Saudi Aramco’s inaugural dollar bond, Fink said.

  • CNBC4 hours ago

    The Middle East must avoid making the same investing mistakes as Europe, BlackRock's Larry Fink says

    "The only way to get more financial inclusion in this region and every region is to have greater participation in the capital market through equities in their retirement plans," BlackRock BLK Chief Executive Larry Fink told CNBC's Hadley Gamble during a panel session in Riyadh, Saudi Arabia on Wednesday. International investors flocked to lend money to Saudi Arabia's hugely profitable state-owned oil company earlier this month. Demand for Saudi Aramco's bonds surged above $100 billion, according to a source familiar with the situation, more than 10 times the $10 billion that had been expected.

  • Top Research Reports for Roche, Danaher & BlackRock
    Zacks17 hours ago

    Top Research Reports for Roche, Danaher & BlackRock

    Top Research Reports for Roche, Danaher & BlackRock

  • As industry spends millions on lobbying, Congress moves on retirement legislation
    MarketWatch22 hours ago

    As industry spends millions on lobbying, Congress moves on retirement legislation

    The financial industry has engaged in significant lobbying on legislation that would revamp the U.S. retirement system, and it’s now sounding delighted about the bills that are making their way through Congress.

  • Top shareholder won't back Bayer management in AGM vote - sources
    Reuters22 hours ago

    Top shareholder won't back Bayer management in AGM vote - sources

    LONDON/FRANKFURT (Reuters) - Bayer's largest shareholder, fund manager BlackRock, will not support the German company's management in a key vote at its annual general meeting (AGM) on Friday, two people familiar with the situation told Reuters. About 30 billion euros ($34 billion) has been wiped off the pesticides and drugs firm's market value since August, when a U.S. jury found Bayer liable because Monsanto, which it bought for $63 billion last year, had not warned of alleged cancer risks linked to its weedkiller Roundup. Bayer suffered a similar courtroom defeat last month and more than 11,000 plaintiffs are claiming damages.

  • Top shareholder won't back Bayer management in AGM vote: sources
    Reuters22 hours ago

    Top shareholder won't back Bayer management in AGM vote: sources

    LONDON/FRANKFURT (Reuters) - Bayer's largest shareholder, fund manager BlackRock, will not support the German company's management in a key vote at its annual general meeting (AGM) on Friday, two people familiar with the situation told Reuters. About 30 billion euros ($34 billion) has been wiped off the pesticides and drugs firm's market value since August, when a U.S. jury found Bayer liable because Monsanto, which it bought for $63 billion last year, had not warned of alleged cancer risks linked to its weedkiller Roundup. Bayer suffered a similar courtroom defeat last month and more than 11,000 plaintiffs are claiming damages.

  • Most Investors Can Do a Lot Better Than Buying the EEM ETF
    InvestorPlaceyesterday

    Most Investors Can Do a Lot Better Than Buying the EEM ETF

    The iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) turned 16 years old earlier this month, underscoring the fund's lengthy run as one of the preeminent emerging markets exchange traded funds (ETFs) listed in the U.S. For years, the EEM ETF was widely viewed as the premier emerging markets ETF available to U.S. investors, but that has changed.Source: Shutterstock While actively managed mutual funds had long made international stocks accessible to U.S. investors, those funds often did so with high fees and sub-par long-term performance.EEM flipped that script by providing exposure to a slew of fast-growing developing economies under the umbrella of a single, passively managed ETF that, by the standards of 2003 when EEM debuted, was attractively priced.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Tech Stocks With Too Much Risk, Not Enough Upside EEM ETF: A Brief BackstoryAs an early player EEM had a sizable head start on many rival emerging markets ETFs. EEM has enjoyed some other advantages over its lifetime. The fund tracks the MSCI Emerging Markets Index, easily the world's most widely observed gauge of emerging markets equities.As the ETF industry has grown, so has the importance of brand recognition. As the world's largest ETF sponsor, BlackRock Inc.'s (NYSE:BLK) iShares has brand awareness in the ETF realm that is comparable to an Apple or Coca-Cola in the non-investment world. Said another way, the combination of EEM being an iShares fund and tracking the venerable MSCI Emerging Markets Index coupled with its first-mover advantage speak to EEM having enjoyed significant marketing advantages over the course of its lifespan. EEM ETF: Still Royalty, but Not KingAs of April 17, EEM had nearly $36 billion in assets under management, still good for one of the largest totals among diversified emerging markets ETFs, but nowhere close to being the largest emerging markets ETF.In terms of sheer heft, EEM has been usurped by the Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) and the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). VWO and IEMG have $66 billion and $61.40 billion, respectively, in assets under management.The primary reason EEM long ago ceded the top spot among emerging markets ETFs is its annual fee. EEM charges 0.67% per year, or $67 on a $10,000 investment. Back in the early days of the ETF business, that was an attractive fee for an emerging markets fund. These days, not so much. VWO charges just 0.12% per year while IEMG charges 0.14%.Rather than lower EEM's fee to compete with VWO, BlackRock introduced IEMG in October 2012 as a cost-effective alternative to EEM for fee-conscious advisors and buy-and-hold investors. The strategy clearly worked as IEMG is not even seven years old and today is the second-largest emerging markets ETF in the U.S.None of this means EEM is not useful. Quite the contrary. For professional investors looking for short- to medium-term exposure to emerging markets, EEM is the go-to ETF. The fund is one of the most heavily traded international ETFs in the U.S., is highly liquid, features tight bid/ask spreads and functions as the premier price discovery method for U.S. traders because the major geographic exposures in EEM are closed when U.S. financial markets are open. Bottom Line on the EEM ETFChanges are looming for EEM. Earlier this year, MSCI announced plans to increase the weight of China A-shares, the stocks trading on mainland China, in its international indexes. That means EEM's already sizable weight to China (currently just over 33%) will increase.Additionally, Argentina and Saudi Arabia will be joining the MSCI Emerging Markets Index later this year. In the case of Saudi Arabia, stocks from that country are expected to garner 2.60% of the index, meaning EEM's weight to that country will be roughly the same as what the fund devotes to Mexican stocks.Going forward, EEM is likely to remain the preferred emerging markets fund for institutional investors and other pros, but for regular investors, lower fee options, such as IEMG and VWO, are more appropriate than EEM.Todd Shriber owns shares of VWO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Most Investors Can Do a Lot Better Than Buying the EEM ETF appeared first on InvestorPlace.

  • Reutersyesterday

    Starbucks' China challenger Luckin to raise up to $800 million in U.S. IPO - sources

    HONG KONG/BEIJING (Reuters) - Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million (£616 million). The Beijing-based coffee chain set a placeholder amount of $100 million to indicate the size of the IPO and did not disclose the number of shares it would offer, a filing https://bit.ly/2UtnC0g with the U.S. Securities and Exchange Commission showed. Two people with direct knowledge of the matter told Reuters the startup is potentially looking to raise $500 million to $800 million from the listing which is scheduled to take place in May. An amount raised in that range would make Luckin the biggest U.S. IPO by a Chinese firm so far in 2019, according to Refinitiv data.

  • How BlackRock (BLK) Stock Stands Out in a Strong Industry
    Zacks2 days ago

    How BlackRock (BLK) Stock Stands Out in a Strong Industry

    BlackRock (BLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Financial Times2 days ago

    Why American CEOs are worried about capitalism

    lined up before the House committee on financial services seemed an unusual one to put to seven sharp-suited financiers. America’s decades-old system of corporate capitalism is suddenly up for debate. , Mr Williams’ fellow committee member, which has put a spotlight on critics who were once outside the political mainstream.

  • Financial Times2 days ago

    Movers and shakers, April 22

    Jupiter , the £42.7bn London-based fund house, has poached two fund managers from larger rival Columbia Threadneedle. Mark Heslop is expected to arrive in September and will run a new European smaller ...

  • Reuters4 days ago

    No signs of global recession in next 12 months - BlackRock's Fink

    There are no signs that the global economy is sliding towards a recession in the next 12 months, BlackRock Inc's Chief Executive Larry Fink said in remarks published on Saturday. In an interview with German business daily Handelsblatt, Fink warned, however, that the global economy was in the late stage of a long growth cycle, suggesting that downturn was becoming more likely. "I see no signs of a global recession in the coming 12 months," said Fink, who leads the world's largest asset manager.

  • Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s why
    MarketWatch5 days ago

    Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s why

    A recent resurgence for stocks after a more than six-month corrective hiatus has many market participants questioning its durability, with trading volumes holding near the lowest levels of 2019.

  • Easy Come, Easy Go: How BLOK Technologies (CNSX:BLK) Shareholders Got Unlucky And Saw 92% Of Their Cash Evaporate
    Simply Wall St.5 days ago

    Easy Come, Easy Go: How BLOK Technologies (CNSX:BLK) Shareholders Got Unlucky And Saw 92% Of Their Cash Evaporate

    As every investor would know, you don't hit a homerun every time you swing. But it should be a priority to avoid stomach churning catastrophes, wherever possible. It must have been painful to be a BLOK Technologies Inc. (CNSX...

  • Moody's6 days ago

    BlackRock, Inc. -- Moody's Rates BlackRock's New Senior Unsecured Notes Aa3

    Moody's Investors Service ("Moody's") assigned an Aa3 rating to BlackRock, Inc.'s (BlackRock) new senior unsecured notes due April 2029. The offering is a takedown from a multiple seniority shelf registration statement of BlackRock, which was automatically declared effective by the SEC on 27 April 2018. BlackRock expects to use the net proceeds of this offering for general corporate purposes, which may include funding all or a portion of the $1.3 billion purchase price of its acquisition of eFront Holding SAS, repaying the $1 billion of outstanding 5.00% Notes due December 2019, or repaying borrowings under its commercial paper program.

  • BlackRock's plan for Italy's Carige sees higher cash call - sources
    Reuters6 days ago

    BlackRock's plan for Italy's Carige sees higher cash call - sources

    ROME/MILAN (Reuters) - Troubled Italian bank Carige could need a larger-than-expected cash injection of at least 700 million euros (£607 million) under a rescue plan put forward by U.S. asset manager BlackRock, two sources familiar with the matter said. Temporary administrators appointed by the European Central Bank to run Carige are trying to find a buyer for Italy's 10th-largest bank by mid-May, after its top shareholder derailed an industry-financed rescue by blocking a 400 million euro cash call in December. A specialist fund run by BlackRock is the only known potential bidder although Italy's government stands ready to step in should a private buyer fail to clinch a deal.

  • Cohen & Steers' (CNS) Q1 Earnings Miss on Lower Revenues
    Zacks6 days ago

    Cohen & Steers' (CNS) Q1 Earnings Miss on Lower Revenues

    Despite rise in assets under management, decline in revenues and higher costs hurt Cohen & Steers' (CNS) Q1 earnings.

  • Blackstone (BX) Stock Gains 9% Despite Q1 Earnings Miss
    Zacks6 days ago

    Blackstone (BX) Stock Gains 9% Despite Q1 Earnings Miss

    Blackstone's (BX) first-quarter results reflect higher revenues and expenses as well as AUM growth.

  • Blackstone to switch from a partnership to a corporation
    Reuters6 days ago

    Blackstone to switch from a partnership to a corporation

    Blackstone Group LP, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its stock. Blackstone is hoping the move, which will take effect July 1, will boost its share price, which has traded at a discount to traditional asset managers such as BlackRock Inc for more than a decade. Under the so-called C-Corp structure, Blackstone will pay corporate taxes on all its revenue, in exchange for enabling investors such as mutual funds and index trackers to buy the stock.

  • Financial Times6 days ago

    Funds full of returns and do-goodery just got harder to find

    There’s a stock market “melt-up” coming. If he is right, you will want all your money to be in the stock market, probably via a fund of some kind. You’d think about diversification, valuation and asset allocation.

  • Barrons.com6 days ago

    Fund Firms Got the Active ETFs They Wanted — and Now They’re Mad

    The SEC approved Precidian Investments’ version of actively managed ETFs that disclose their holdings less frequently. That’s good news for firms like Legg Mason, BlackRock, and Capital Group, which signed on with Precidian. The rest of the industry? Not so much.