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BlackRock Inc BLK Stock Quote

| Rating as of

NYSE: BLK

Last close prices updated as of Feb 03, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 757.16
  • Sector Financial Services
  • Industry Asset Management
  • Investment Style Large Blend
  • Day Range 747.99  –  769.81
  • Year Range 503.12  –  824.87
  • Market Cap 113.3896 Bil
  • Volume / Avg 1.2 Mil /  786,313.1
  • Price / Sales 6.46
  • Price / Book 3.05
  • Forward Div Yield 2.64%
  • Trailing Div Yield 2.58%

Morningstar‘s Stock Analysis BLK

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

BlackRock's Core Strengths Evident in Difficult Year for Equity and Credit Markets; FVE Raised to $810

Greggory Warren Sector Strategist

Analyst Note

| Greggory Warren |

We've raised our fair value estimate for wide-moat-rated BlackRock to $810 per share from $760 after updating our valuation model with new projections for near- to medium-term growth in managed assets, revenue, and operating earnings. We have also moved our Uncertainty Rating for the firm to High from Medium, requiring a wider margin of safety before recommending the shares, which are currently only slightly undervalued relative to our revised fair value estimate.

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Key Statistics BLK

Company Profile BLK

Business Description

BlackRock is the largest asset manager in the world, with $8.594 trillion in AUM at the end of 2022. Product mix is fairly diverse, with 51% of the firm's managed assets in equity strategies, 30% in fixed income, 8% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's iShares ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.

Contact
55 East 52nd Street
New York, NY, 10055
Industry Asset Management
Employees 19,900

Related Articles BLK

FAQs for BlackRock Inc Stock

Yes. BLK has a forward dividend yield of 2.64%. See BLK’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

BLK’s market cap is 113.39 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

BLK’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

BLK’s price/sales is 6.46.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

BLK’s price/forward earnings is 22.12.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

BLK’s price/book is 3.05.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See BLK’s valuation ratios compared to the Market Index.

BLK’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare BLK’s historical performance against its industry peers and the overall market.