There’s No Getting Around Blackrock Inc. (NYSE: BLK) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

BLK belongs to the Financial sector of the NYSE while operating in the Asset Management industry. The current market capitalization of Blackrock Inc. is $123.19B. A total of 0.72 million shares were traded on the day, compared to an average of 573.19K shares.

In the most recent transaction, Wiedman Mark sold 27,000 shares of BLK for 834.42 per share on Jul 16 ’24. After the transaction, the Senior Managing Director now owns 6,480 company shares. In a previous transaction on May 20 ’24, FINK LAURENCE sold 30,978 shares at 807.29 per share. BLK shares that Chairman and CEO owns now total 383,168.

Among the insiders who sold shares, Wiedman Mark disposed of 9,000 shares on May 10 ’24 at a per-share price of $795.00. This resulted in the Senior Managing Director holding 6,480 shares of BLK after the transaction. In another insider transaction, FINK LAURENCE sold 30,978 shares at $809.92 per share on Feb 28 ’24. Company shares held by the Chairman and CEO now total 414,146.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Blackrock Inc. pays an annual dividend of $20.20, resulting in a dividend yield of 2.44%, and it has a price to earnings (P/E) ratio of 20.58. BLK’s most recent ex-dividend date was 6/7/2024 when it declared a $5.10 quarterly dividend that was paid in cash on 6/24/2024. Previously, the company paid the dividend on 3/22/2024 with an ex-dividend date of 3/6/2024. The BLK stock dividend was $5.10 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BLK has a high of $848.62 and a low of $596.18.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BLK’s latest balance sheet shows that the firm has $9.32B in Cash & Short Term Investments as of fiscal 2021. There were $9.32B in debt and $1.40B in liabilities at the time. Its Book Value Per Share was $267.04, while its Total Shareholder’s Equity was $38.89B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BLK is Buy with a score of 4.63.

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