BlackRock, Inc. (BLK) Stock

About BlackRock, Inc.

BlackRock, Inc. is a publicly owned investment manager. 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. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down 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, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York, New York with additional offices in Atlanta, Georgia; Boston, Massachusetts; Chicago, Illinois; Dallas, Texas; Denver, Colorado; Greenwich, Connecticut; Houston, Texas; Miami, Florida; Newport Beach, California; Palo Alto, California; Philadelphia, Pennsylvania; Princeton, New Jersey; San Francisco, California; Santa Monica, California; Seattle, Washington; Washington, DC; West Palm Beach, Florida; Wilmington, Delaware; Mexico; Canada; South Africa; Netherlands; Greece; Serbia; Belgium; Hungary; Denmark; Ireland; Scotland; Germany; Switzerland; England; Luxembourg; Spain; Italy; France; Sweden; Austria; India; China; Australia; Hong Kong; South Korea; Singapore; Taiwan; Japan; Colombia; Argentina; Peru; Chile; Brazil; UAE; Saudi Arabia; Israel.

BlackRock, Inc. is led by CEO Laurence Douglas Fink, employs 24,900 people, headquartered in New York, US, publicly traded since 1999.

BlackRock, Inc. (BLK) stock trades at $1079.19 with a market capitalization of $167.27B. The stock is valued at a price-to-earnings (P/E) ratio of 25.54, price-to-book of 2.78, price-to-sales of 6.13. Over the past 52 weeks the stock has ranged between $917.39 and $1219.94, and currently trades 11.5% below its 52-week high. It pays a dividend yielding 2.15%.

On profitability, BlackRock, Inc. generates a return on equity (ROE) of 11.90%, return on capital employed of 11.45%, an operating margin of 29.09%, a net profit margin of 24.33%.

In its most recent fiscal year, BlackRock, Inc. reported annual revenue of $24.2B, net profit of $5.6B, revenue has compounded at 8.4% a year over the last five years, profit at 2.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.26 — a conservative balance sheet with little leverage risk, a current ratio of 6.80, total assets of $170.0B, $11.5B in cash and equivalents.

BLK has an average daily trading volume of 752,881 shares, a beta of 1.49 (more volatile than the overall market).

Official website: www.blackrock.com