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Last $347.40 USD
Change Today +1.42 / 0.41%
Volume 495.4K
BLK On Other Exchanges
Symbol
Exchange
New York
Berlin
Mexico
As of 8:04 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

blackrock inc (BLK) Snapshot

Open
$350.00
Previous Close
$345.98
Day High
$352.09
Day Low
$345.62
52 Week High
02/17/15 - $382.84
52 Week Low
10/15/14 - $293.39
Market Cap
57.9B
Average Volume 10 Days
547.1K
EPS TTM
$19.23
Shares Outstanding
164.6M
EX-Date
06/5/15
P/E TM
18.1x
Dividend
$8.72
Dividend Yield
2.37%
Current Stock Chart for BLACKROCK INC (BLK)

blackrock inc (BLK) Details

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. It also manages accounts for corporate, public, union and industry pension plans, insurance companies, third-party mutual funds, endowments, foundations, charities, corporations, official institutions, and banks. The firm also provides global risk management and advisory services. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages open-end and closed-end mutual funds, offshore funds, ETF’s, unit trusts, and alternative investment vehicles including hedge funds and structured funds. It invests in the public equity, fixed income, real estate, and alternative markets across the globe. The firm primarily invests in growth, value, and core stocks of small-cap, mid-cap, SMID-cap, large-cap and multi-cap companies. It employs a fundamental and quantitative analysis with a bottom-up stock picking approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, the firm seeks to invest in Poland and Germany. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts, London, United Kingdom, Brazil, Philadelphia, Pennsylvania, Plainsboro, New Jersey, and San Francisco, California.

12,300 Employees
Last Reported Date: 05/8/15
Founded in 1988

blackrock inc (BLK) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $10.0M
President, Director, Chairman of The Global O...
Total Annual Compensation: $7.7M
Co-President, Senior Managing Director, Co-Ch...
Total Annual Compensation: $4.9M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $2.9M
Chief Operating Officer, Senior Managing Dire...
Total Annual Compensation: $3.5M
Compensation as of Fiscal Year 2014.

blackrock inc (BLK) Key Developments

BlackRock, Inc. Presents at JP Morgan 2015 Mexico Opportunities Conference, Jun-24-2015 04:45 PM

BlackRock, Inc. Presents at JP Morgan 2015 Mexico Opportunities Conference, Jun-24-2015 04:45 PM. Venue: St. Regis Hotel, Paseo de la Reforma 439, Colonia Cuauhtemoc, Mexico City Federal District 06500, Mexico. Speakers: Carlos Álvarez, Managing Director.

Blackrock Seeks To Sell Singapore Office Tower

BlackRock, Inc. (NYSE:BLK) said it has received expressions of interest for Asia Square Tower 1 Pte. Ltd. and could get more than SGD 4 billion for the building. BlackRock may also look to sell Asia Square Tower 2 Pte. Ltd., Greg Lapham, a real estate Managing Director at the firm, said on the sidelines of the Real Estate Investment World conference in Singapore. Both towers are worth SGD 7 billion, he said. The sale of tower one could be a club deal, in which several investors bid together, or could attract institutional investors such as sovereign wealth or pension funds, Lapham said. BlackRock hopes to close the deal by the end of the year, he said. Jones Lang LaSalle Inc. and CBRE Group Inc. are brokers for the sale.

BlackRock, Inc. Launches iShares Convertible Bond ETF

BlackRock, Inc. has announced the launch of iShares Convertible Bond ETF. This new ETF, which seeks to track an index composed of convertible bond securities, can help to provide the growth potential of stocks with the income and downside risk management characteristics of bonds. Convertible bonds are fixed income securities that allow investors to convert the bond to shares of common stock. The bond can be converted to stock when the stock price appreciates. By combining both equity and bond characteristics, convertible bonds can provide investors with potential income while being less interest rate sensitive than conventional bonds. iShares Convertible Bond ETF seeks to track the investment results of Barclays US Convertibles Cash Pay Bond > $250 mn Index, an index composed of US dollar-denominated convertible securities, specifically cash pay bonds, with outstanding issue sizes greater than $250 million. iShares Convertible Bond ETF has an expense ratio of 0.35%.

 

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Industry Analysis

BLK

Industry Average

Valuation BLK Industry Range
Price/Earnings 17.6x
Price/Sales 5.2x
Price/Book 2.1x
Price/Cash Flow 16.2x
TEV/Sales NM Not Meaningful
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