BLK - BlackRock, Inc.
After hours:
Chart Events
Commodity Channel Index
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 678.23 |
| Open | 675.32 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 666.01 - 681.90 |
| 52 Week Range | 503.12 - 785.65 |
| Volume | |
| Avg. Volume | 666,830 |
| Market Cap | 101.926B |
| Beta (5Y Monthly) | 1.29 |
| PE Ratio (TTM) | 21.08 |
| EPS (TTM) | 32.28 |
| Earnings Date | Jul 13, 2023 - Jul 17, 2023 |
| Forward Dividend & Yield | 20.00 (2.95%) |
| Ex-Dividend Date | Jun 07, 2023 |
| 1y Target Est | 760.29 |
Fair Value
Related Research
Investor's Business DailyCryptocurrency Prices And News: Binance Ties To SEC Chair Could Complicate Lawsuit
Cryptocurrency News: Binance lawyers request SEC Chair Gary Gensler recuse from lawsuit. Cathie Wood buys Coinbase dip. Bitcoin inches up.
TheStreet.comWall Street Titan BlackRock Responds to New Attacks
The world's largest asset manager, one of the largest institutional investors, is the bane of the right wing in the culture war against the progressives.
BenzingaAmazon Considers Launching Ad-Supported Prime Video Tier, Google & Microsoft Face Backlash For Ad Inclusion In AI Trials, Airbus Records One-Third Jump In May Deliveries: Today's Top Stories
Wall Street Journal Balancing Profitability and Entertainment: Amazon Considers Launching Ad-Supported Prime Video Tier Amazon.Com Inc (NASDAQ: AMZN) looks to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more entertainment revenue. Advertising has been an area of continued growth for Amazon, growing by 21% year over year to $9.5 billion in the first quarter. Advertisers expressed interest in Amazon offering an ad tier for Prime
Business WireBlackRock, Inc. to Acquire Private Debt Manager Kreos Capital
LONDON, June 08, 2023--BlackRock Inc. (NYSE: BLK) and Kreos Capital ("Kreos") today announced a definitive agreement under which BlackRock will acquire full control of Kreos, a leading provider of growth and venture debt financing to companies in the technology and healthcare industries.
ReutersExclusive-BlackRock eyes $7 billion for new Global Renewable Power Fund
The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments. The fund, focused on projects in Organisation for Economic Co-operation and Development countries, could invest across wind and solar as well as other clean technologies such as batteries and grid infrastructure. Demand from institutional investors to back such projects has increased in recent years as more seek to align their portfolios with the transition to a low-carbon economy, BlackRock's Global Head of Climate Infrastructure David Giordano told Reuters.
- Financial Times
BlackRock grows private credit business with Kreos acquisition
BlackRock is buying one of Europe’s biggest providers of loans to start-ups and technology companies, as the firm continues to expand its $45bn private credit business. The world’s largest money manager is buying London-based Kreos Capital and taking on its 45 employees, BlackRock senior executive Stephan Caron said in an interview with the Financial Times, without disclosing the value of the transaction. The move will allow BlackRock’s clients to tap into the growing venture debt sector — which involves providing loans to start-ups rather than taking equity stakes — at a time when appetite for private debt is booming.
BloombergBlackRock's Hildebrand on Sustainability Investing
Philipp Hildebrand, Vice Chairman at BlackRock, discusses his macro outlook and sustainability investing with Rishaad Salamat and Yvonne Man. He speaks on "Bloomberg Markets Asia".
BloombergBlackRock Says Investors Reassess China Allocation Amid Slowdown
(Bloomberg) -- Investors must reassess their allocations to China amid rising geopolitical tensions with the US and a slowing economy, according to BlackRock Inc. Vice Chairman Philipp Hildebrand.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Americans Are Leaving Portugal as G
BloombergThe Little-Known Group That's Battling Wall Street Over ESG
(Bloomberg) -- Operating with a meager budget from a suburban home outside Washington, Will Hild is gearing up for his next battle against Wall Street and the forces behind ESG investing.Hild and his tiny staff at Consumers’ Research are at the forefront of the movement, crafting adversarial campaigns that attack money managers who try to combine profits with altruistic goals by using environmental, social and governance metrics to help decide where to invest. The 37-year-old Hild, backed by pow
BloombergBlackRock’s China Head Resigns Just as Competition Heats Up
(Bloomberg) -- BlackRock Inc.’s head of China operations resigned, adding to the company’s challenges as competition intensifies in the 130 trillion yuan ($18 trillion) asset management market.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensiveThese Are the World’s 20 Most Expensive Cities for Expats in 2023PGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine
ReutersBlackRock's China head Tang leaving the company
BlackRock Inc's head of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding operations in the world's second-largest economy. BlackRock, the world's largest asset manager, said Tang "has expressed an interest in exploring opportunities" outside the firm, in a statement responding to a Reuters query. Susan Chan, BlackRock's deputy head of Asia Pacific and head of Greater China, is now directly overseeing its China onshore business, the company said.
- Reuters
UPDATE 2-BlackRock's China head Tang leaving the company
BlackRock Inc's head of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding operations in the world's second-largest economy. BlackRock, the world's largest asset manager, said Tang "has expressed an interest in exploring opportunities" outside the firm, in a statement responding to a Reuters query. Susan Chan, BlackRock's deputy head of Asia Pacific and head of Greater China, is now directly overseeing its China onshore business, the company said.
ZacksBlackRock (BLK) Dips More Than Broader Markets: What You Should Know
In the latest trading session, BlackRock (BLK) closed at $676.49, marking a -0.79% move from the previous day.
ZacksInvestors Heavily Search BlackRock, Inc. (BLK): Here is What You Need to Know
BlackRock (BLK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BloombergPrivate Credit is Poised for a Multi-Trillion-Dollar Boom, But It Could Get Ugly Soon
(Bloomberg) -- First came the debt specialists and the private equity firms. Then, hedge funds and wealth managers saw an opening. Now everyone from sovereign wealth funds to venture capitalists are spouting Wall Street’s favorite buzzword: private credit.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the B
BloombergBlackRock Dips Back Into UK for Yields That Tower Over Peers
(Bloomberg) -- BlackRock Inc. and other large money managers are dipping back into the UK’s battered debt market, lured by one of the highest yields in the developed world.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeApple Debuts $3,499 Vision Pro Headset in Test of Mar
BloombergWall Street Misses Out on Unexpected Rally in Local EM Bonds
(Bloomberg) -- Wall Street has been caught by surprise by a rally in local emerging-market debt, an asset class that’s been largely abandoned by foreign investors after a decade of underperformance.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySEC Sues Binance and CEO Zhao for Breaking Securities RulesOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedOPEC+ Latest: Saudis Unveil Extra 1 M
Motley FoolIs BlackRock Stock a Buy?
BlackRock (NYSE: BLK), the world's largest asset manager, has endured a difficult couple of years. As the largest provider of exchange-traded funds (ETFs), as well as a prominent manager of mutual funds and institutional investments, its fortunes are largely tied to the movements of the broader markets. Last year, BlackRock's stock price was down about 20% while the S&P 500 was also lower by about that much -- 19%, to be exact.
Simply Wall St.BlackRock, Inc. (NYSE:BLK) Stock Goes Ex-Dividend In Just Four Days
Readers hoping to buy BlackRock, Inc. ( NYSE:BLK ) for its dividend will need to make their move shortly, as the stock...
TheStreet.comNew BlackRock Funds Rely on Brainpower
Artificial intelligence is all the rage, but the BlackRock Large Cap Value and the BlackRock Flexible Income exchange-traded funds offer a bit of human touch.
ZacksIs BlackRock Science & Technology Opportunities C (BGSCX) a Strong Mutual Fund Pick Right Now?
Mutual Fund Report for BGSCX
- Reuters
UPDATE 1-BlackRock's CEO expects more rate hikes as inflation persists
BlackRock Inc Chief Executive Laurence Fink said on Wednesday that inflation remained sticky and the Federal Reserve may need to hike interest rates further to contain price pressures. Fink, who heads the world's largest asset manager, said at a Deutsche Bank financial services conference that he expects at least two more rate increases by the Fed. But he downplayed the risk of a U.S. recession, saying that, if one occurs, it would likely be modest.
BloombergFed Isn’t Finished Raising Interest Rates to Fight Inflation, Larry Fink Says
(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said stubbornly high inflation will force the Federal Reserve to raise interest rates two to four more times.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Richest Person as Arnault’s LVMH Si
ReutersBlackRock's CEO expects more rate hikes as inflation persists
BlackRock Inc Chief Executive Laurence Fink said on Wednesday that inflation remained sticky and the Federal Reserve may need to hike interest rates further to contain price pressures. Fink, who heads the world's largest asset manager, said at a Deutsche Bank financial services conference that he expects at least two more rate increases by the Fed. But he downplayed the risk of a U.S. recession, saying that, if one occurs, it would likely be modest.
ReutersDemographics are a headwind for emerging markets - BlackRock
A decline in labour growth and expected fall in the working age population will be a drag on emerging economies already suffering from fading growth prospects, BlackRock's Global Head of Emerging Markets Amer Bisat told Reuters. Global population growth over the past five decades fuelled a surge in labour and a rapid increase in gross domestic product in many emerging economies but Bisat said demographics were no longer a boon for the countries. The changing demographics come against a backdrop of higher global interest rates and levels of debt which add to pressure on developing economies, with capital accumulation in emerging markets set to be "tough", said Bisat, who leads a team managing approximately $35 billion at the world's largest asset manager.
