BlackRock Stock Today

BLK
 Stock
  

USD 716.00  2.00  0.28%   

Market Performance
4 of 100
Odds Of Distress
Less than 10
BlackRock is trading at 716.00 as of the 1st of December 2022. This is a 0.28 percent increase since the beginning of the trading day. The stock's last reported lowest price was 693.29. BlackRock has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for BlackRock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2020 and ending today, the 1st of December 2022. Click here to learn more.
CUSIP
09247X101
Fiscal Year End
December
Business Domain
Diversified Financials
IPO Date
1st of October 1999
Category
Financial Services
Classification
Financials
The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. The company has 150.2 M outstanding shares of which 3.22 M shares are currently shorted by investors with about 3.41 days to cover. More on BlackRock

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BlackRock Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackRock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Over 80.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023 - Barrons
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, BlackRock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BlackRock's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanLaurence Fink
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering BlackRock report their recommendations after researching BlackRock's financial statements, talking to executives and customers, or listening in on BlackRock's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackRock. The BlackRock consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackRock.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of BlackRock based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of BlackRock financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted179.3 M154.4 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares176.8 M152.2 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets3.863.5804
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations3.9 B4.9 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities3.6 B4.3 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities156.2 B115 B
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.790.819
Sufficiently Down
Decreasing
Slightly volatile
Total Debt8.7 B9.3 B
Notably Down
Increasing
Stable
Asset Turnover0.130.1176
Significantly Up
Increasing
Slightly volatile
Current Assets10.4 B13.1 B
Significantly Down
Increasing
Slightly volatile
Total Assets193.3 B152.6 B
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BlackRock's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
BlackRock's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackRock's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
BlackRock's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of BlackRock's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackRock's financial leverage. It provides some insight into what part of BlackRock's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on BlackRock's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how BlackRock deploys its capital and how much of that capital is borrowed.
Liquidity
BlackRock cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 7.45 B in debt with debt to equity (D/E) ratio of 0.22, which may show that the company is not taking advantage of profits from borrowing. BlackRock has a current ratio of 1.71, which is typical for the industry and considered as normal. Debt can assist BlackRock until it has trouble settling it off, either with new capital or with free cash flow. So, BlackRock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackRock sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackRock to invest in growth at high rates of return. When we think about BlackRock's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.93 Billion
BlackRock (BLK) is traded on New York Stock Exchange in USA and employs 19,900 people. BlackRock is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with total capitalization of 108.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackRock's market, we take the total number of its shares issued and multiply it by BlackRock's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. BlackRock runs under Capital Markets sector within Financials industry. The entity has 150.2 M outstanding shares of which 3.22 M shares are currently shorted by investors with about 3.41 days to cover. BlackRock has about 9.32 B in cash with 4.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 43.42.
Check BlackRock Probability Of Bankruptcy
Ownership
BlackRock holds a total of one hundred fifty million one hundred ninety-six thousand outstanding shares. The majority of BlackRock outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in BlackRock to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in BlackRock. Please pay attention to any change in the institutional holdings of BlackRock as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check BlackRock Ownership Details

BlackRock Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of BlackRock jumping above the current price in 90 days from now is about 12.4%. The BlackRock probability density function shows the probability of BlackRock stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6698 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BlackRock will likely underperform. Additionally, the company has an alpha of 0.0187, implying that it can generate a 0.0187 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 716.0HorizonTargetOdds Above 716.0
87.52%90 days
 716.00 
12.40%
Based on a normal probability distribution, the odds of BlackRock to move above the current price in 90 days from now is about 12.4 (This BlackRock probability density function shows the probability of BlackRock Stock to fall within a particular range of prices over 90 days) .

BlackRock Historical Income Statement

BlackRock Income Statement is one of the three primary financial statements used for reporting BlackRock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BlackRock revenue and expense. BlackRock Income Statement primarily focuses on the company's revenues and expenses during a particular period.
BlackRock Weighted Average Shares Diluted is decreasing as compared to previous years. The last year's value of Weighted Average Shares Diluted was reported at 154.4 Million View More Fundamentals

BlackRock Stock Against Markets

Picking the right benchmark for BlackRock stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackRock stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackRock is critical whether you are bullish or bearish towards BlackRock at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BlackRock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
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BlackRock Corporate Directors

BlackRock corporate directors refer to members of a BlackRock board of directors. The board of directors generally takes responsibility for the BlackRock's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BlackRock's board members must vote for the resolution. The BlackRock board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mathis Cabiallavetta - Independent DirectorProfile
David Komansky - Independent DirectorProfile
Bader Alsaad - Independent DirectorProfile
Robert Goldstein - Chief Operating Officer, Senior Managing Director, Global Head of BlackRock SolutionsProfile

Invested in BlackRock?

The danger of trading BlackRock is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackRock is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackRock. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is BlackRock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.15) 
Market Capitalization
108.3 B
Quarterly Revenue Growth YOY
(0.15) 
Return On Assets
0.0307
Return On Equity
15.04
The market value of BlackRock is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock's value that differs from its market value or its book value, called intrinsic value, which is BlackRock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock's market value can be influenced by many factors that don't directly affect BlackRock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock's value and its price as these two are different measures arrived at by different means. Investors typically determine BlackRock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.