BLK - BlackRock, Inc.

NYSE - NYSE Delayed Price. Currency in USD
473.24
-1.90 (-0.40%)
At close: 4:02PM EDT
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Previous Close475.14
Open476.30
Bid470.00 x 800
Ask488.88 x 800
Day's Range472.50 - 482.99
52 Week Range360.79 - 513.00
Volume872,502
Avg. Volume496,895
Market Cap73.583B
Beta (3Y Monthly)1.42
PE Ratio (TTM)17.99
EPS (TTM)26.30
Earnings DateOct 14, 2019 - Oct 18, 2019
Forward Dividend & Yield13.20 (2.78%)
Ex-Dividend Date2019-09-04
1y Target Est524.38
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents13 hours ago

    Edited Transcript of BLK earnings conference call or presentation 19-Jul-19 12:30pm GMT

    Q2 2019 BlackRock Inc Earnings Call

  • BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
    Reuters2 days ago

    BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone

    BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to have investors embrace an "equity culture" there. "I don't see how if they (the ECB) do more easing, which means - deeper negative rates - I don't know how that transmission (works) in the economy," Fink told Reuters in a telephone interview, following BlackRock's earnings results. BlackRock is the world's largest asset manager, and Fink is widely followed by investors, traders and economists for his views on financial markets and the global economy.

  • Market Realist2 days ago

    US Stock Markets Are Strong, Larry Fink Is Optimistic

    US stock markets made an all-time high earlier this week. BlackRock CEO Larry Fink expects the markets to move even higher.

  • BlackRock Earnings: BLK Reports Q2 Results
    InvestorPlace2 days ago

    BlackRock Earnings: BLK Reports Q2 Results

    BlackRock earnings for the second quarter of the year have BLK stock moving on Friday.Source: Shutterstock BlackRock (NYSE:BLK) starts off its earnings report for the second quarter of 2019 with earnings per share of $6.41. This is a drop from the company's earnings per share of $6.66 from the second quarter of 2018. It also misses Wall Street's earnings per share estimate of $6.50 for the period, but wasn't dragging BLK stock down today.The BlackRock earnings report for the second quarter of the year has net income coming in at $1.01 billion. This is down from the company's net income of $1.08 billion reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported in the BlackRock earnings report for the second quarter of 2019 comes in at $1.28 billion. That's a decrease from the investment company's operating income of $1.44 billion reported during the second quarter of the previous year.BlackRock earnings for the second quarter of the year also include revenue of $3.52 billion. This is worse off than the company's revenue of $3.61 billion reported during the same time last year. It also sits below analysts' revenue estimate of $3.57 billion for the quarter, but this isn't hurting BLK stock today. * 10 Tech Stocks That Are Still Worth Your Time (And Money) BLK stock has been on a wild ride today. The stock started the day off down roughly 1% before climbing back to normal levels. Then the stock was up at much as 1% this morning. Now it is largely unchanged from its closing price on Thursday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now As of this writing, William White did not hold a position in any of the aforementioned securities.The post BlackRock Earnings: BLK Reports Q2 Results appeared first on InvestorPlace.

  • Head of the world’s largest asset manager says taking risk off the table in stocks is a mistake
    MarketWatch2 days ago

    Head of the world’s largest asset manager says taking risk off the table in stocks is a mistake

    BlackRock Inc.’s founder Larry Fink said that “people are under-invested in equities” now and said that investors shouldn’t pump the brakes on stock buying even as the market trades in record territory.

  • BlackRock Inc (BLK) Q2 2019 Earnings Call Transcript
    Motley Fool2 days ago

    BlackRock Inc (BLK) Q2 2019 Earnings Call Transcript

    BLK earnings call for the period ending June 30, 2019.

  • Benzinga2 days ago

    BlackRock's Fink Talks US Stocks, China

    BlackRock is the world's largest money manager, with $6.8 trillion in assets under management.  The company's CEO expressed a bullish stance on U.S. stocks during a Friday CNBC interview. Speaking as a guest on "Squawk Box," Fink said U.S. stocks also benefited from "more fiscal policy than other countries" rather than merely relying on monetary policy.

  • Earnings Data Deluge
    Zacks2 days ago

    Earnings Data Deluge

    Earnings Data Deluge

  • Week 1 of Q2 Earnings in the Books: AXP, SLB & More
    Zacks2 days ago

    Week 1 of Q2 Earnings in the Books: AXP, SLB & More

    Capping off the first week of "unofficial" earnings season, we hear from several companies from a wide range of industries.

  • Bloomberg2 days ago

    BlackRock Bolstered by Strong Bond Flows in Second Quarter

    (Bloomberg) -- BlackRock Inc. benefited from blockbuster net inflows in fixed-income in the second quarter, a period in which trade tensions roiled markets and investors sought safe haven assets.Key InsightsFixed-income products brought in net flows of $110.4 billion in the quarter, according to an earnings statement Friday. That compares to $26.4 billion in the same period a year earlier. The strength of the results builds on last quarter.“Clients are finding management of fixed income more difficult to do in-house,” Chief Executive Officer Larry Fink said on a call with analysts. “They’re looking for deeper relationships. They’re employing firms like BlackRock to manage a core part of their portfolios for fixed income.”Total net inflows hit a record $151 billion. Revenue of $3.52 billion fell 2% in part due to lower performance fees, reflecting the competitive pricing environment for asset managers. Investment advisory performance fees fell 30%.iShares, BlackRock’s exchange-traded fund division, had net flows of $36 billion. The unit is the world’s largest issuer of ETFs, with more than $2 trillion in assets.Digging DeeperEven with strong inflows, BlackRock’s earnings fell short of analysts’ estimates. The firm reported adjusted earnings of $6.41. Analysts expected $6.50 per share.Assets under management rose to $6.8 trillion.Market ReactionBlackRock shares rose 0.6% to $478.08 at 9:45 a.m. in New York. The stock is up about 20% this year after losing almost a quarter of its value last year.(Updates with Fink comments from conference call.)To contact the reporter on this story: Annie Massa in New York at amassa12@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Vincent BielskiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why BlackRock (BLK) is a Top Dividend Stock for Your Portfolio
    Zacks2 days ago

    Why BlackRock (BLK) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does BlackRock (BLK) have what it takes? Let's find out.

  • GlobeNewswire2 days ago

    BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs

    TORONTO, July 19, 2019 -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced.

  • BlackRock (BLK) Lags on Q2 Earnings as Revenues Decline
    Zacks2 days ago

    BlackRock (BLK) Lags on Q2 Earnings as Revenues Decline

    BlackRock (BLK) witnesses lower revenues and rise in expenses in the second quarter of 2019.

  • BlackRock profit misses estimates, hit by lower fees for lending stocks
    Reuters2 days ago

    BlackRock profit misses estimates, hit by lower fees for lending stocks

    BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks. "While lower fee rates is a headwind that will likely continue, we believe BlackRock is happy to accept modest pricing declines in order to take large amounts of market share," said Kyle Sanders, analyst at Edward Jones, which maintains its buy rating on BlackRock shares.

  • BlackRock (BLK) Q2 Earnings and Revenues Miss Estimates
    Zacks2 days ago

    BlackRock (BLK) Q2 Earnings and Revenues Miss Estimates

    BlackRock (BLK) delivered earnings and revenue surprises of -1.69% and -0.80%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Financial Times2 days ago

    Lower fees weigh on BlackRock

    Lower fee revenue weighed on BlackRock’s second-quarter earnings despite buoyant markets and investor inflows swelling the assets of the world’s largest fund manager close to $7tn. Price competition between asset managers has been heating up, particularly in already low-cost passive investment products. BlackRock’s lower fee revenue was a result of an investor preference for cheaper BlackRock products rather than the company clipping fees.

  • Reuters2 days ago

    UPDATE 4-BlackRock profit misses estimates, hit by lower fees for lending stocks

    BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks. "While lower fee rates is a headwind that will likely continue, we believe BlackRock is happy to accept modest pricing declines in order to take large amounts of market share," said Kyle Sanders, analyst at Edward Jones, which maintains its buy rating on BlackRock shares.

  • MarketWatch2 days ago

    BlackRock's stock slips after profit and revenue fall below expectations

    BlackRock Inc. reported Friday second-quarter earnings and revenue that fell below expectations, as the investment management and advisory company said it had lower base fees as a result of lower securities and lending revenue and lower performance fees. The stock slipped 0.2% in premarket trading. Net income fell to $1.00 billion, or $6.41 a share, from $1.07 billion, or $6.62 a share, in the year-ago period. Excluding non-recurring items, adjusted EPS fell to $6.41 from $6.66, below the FactSet consensus of $6.50. Revenue declined 2% to $3.52 billion, missing the FactSet consensus of $3.58 billion. Total net inflows saw 9% organic growth to $151 billion, with iShares inflows of $36.1 billion and institutional inflows of $125.4 billion. The stock has gained 21.0% year to date through Thursday, while the S&P 500 has rallied 19.5%.

  • MarketWatch2 days ago

    BlackRock reports decline in profit that misses analyst expectations

    Fund giant BlackRock reported a decline in second-quarter earnings that lagged expectations. The company's profit was $1 billion, or $6.41 a share, vs. $1.08 billion, or $6.62 a share, in the year-earlier quarter. Analysts polled by FactSet expected earnings of $6.50 a share. Revenue fell 2% to $3.52 billion, a bit lower than the $3.58 billion expected by analysts, with the company blaming market headwinds for the decline. The company reported long-term net inflows of $125.4 billion during the quarter.

  • Business Wire2 days ago

    BlackRock Reports Second Quarter 2019 Earnings

    BlackRock, Inc. today released its financial results for the second quarter of 2019. The company’s earnings release and supplemental materials are available via ir.blackrock.com/QuarterlyResults.

  • Investing.com2 days ago

    Stocks - Microsoft, Boeing Rise Premarket; BlackRock Falls

    Investing.com - Stocks in focus in premarket trading on Friday:

  • TheStreet.com2 days ago

    BlackRock Suffers 7% Profit Drop on Lower Fees, Even as Client Assets Jump

    BlackRock says second-quarter profit fell by 7% to $1 billion, due to lower securities-lending revenue and performance fees.

  • Investing.com2 days ago

    BlackRock Earnings, Revenue Miss in Q2

    Investing.com - BlackRock (NYSE:BLK) reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.

  • TheStreet.com3 days ago

    [video]BlackRock Expected to Earn $6.50 a Share

    BlackRock, Inc. is expected to report net income of $1 billion, or $6.50 a share, on sales of $3.6 billion before the market opens on Friday, based on a FactSet survey of 13 analysts. BlackRock is currently trading at a price-to-forward-earnings ratio of 16.2 based on the 12-month estimates of 14 analysts surveyed by FactSet. In the upcoming quarter analysts are forecasting adjusted net income of $1.1 billion, or $7.12 a share, on sales of $3.7 billion.