BlackRock, Inc.
Last price: $1,065.35
Updated: 1 day ago
52w range:
$917.39
to
$1,219.94
52w change:
16.13%
to
-12.67%
Forward PE: 16.615244
Trailing EPS: 41.78
50d average: $1,109.37
(-4%)
200d average: $1,060.98
(0%)
Open: $1,055.96
Previous close: $1,069.63
Change: -$4.28
(-0.40%)
Day high: $1,070.00
Day low: $1,052.10
Volume: 435.46 thousand
Avg. vol 3m: 622.07 thousand
Cap: 173.09 billion
NYSE
NYSE:BLK
Shares outstanding: 154.9 million
Price hint: 2
Price to book: 2.8661246
Annual dividend rate: 21.88
Annual dividend yield: 0.02
$5.73 dividend 1 month ago
Yahoo Quote
Summary
(retrieved 2 years ago)
BLK
BlackRock, Inc. is one of the world's largest and most prominent investment management companies. As an investment advisor, it is essential to understand its strengths, weaknesses, and how it could fit into a diverse portfolio.
Strengths:
- Global Footprint: BlackRock operates across North America, Europe, Asia Pacific, and the Middle East, managing assets for clients in more than 100 countries, which reduces the company's geographic risk.
- Product Portfolio: BlackRock provides a broad variety of financial products, including mutual funds, iShares ETFs, separate accounts, hedge funds, funds of funds, and others to both retail and institutional investors.
- Risk Management: BlackRock's commitment to risk management is noteworthy as this is often a key differentiating factor for clients. The company maintains a robust team dedicated to managing investment, operational, reputational, and regulatory risks.
Potential Risks:
- Regulatory Changes: Like all finance and investment companies, BlackRock operates in a heavily regulated environment. Any changes in regulations or non-compliance could affect the company's reputation and financial performance.
- Dependence on Third Party Providers: BlackRock relies heavily on third-party service providers for executing trades and custodial services. Any disruption or failure in these services could have a negative impact on the business.
From an investment standpoint, BlackRock has shown strength in the market with consistent revenue growth and a steady increase in its managed assets. However, like all investments, it holds certain risks and it's crucial to properly judge your risk tolerance before investing.
In summary, BlackRock is a distinguished player in the investment management sector and could be an attractive option if you're looking to diversify your portfolio with financial sector holdings. A thorough evaluation of its financial health, market trends, and trade dynamics is recommended for an informed decision. Another point to address would be your financial goals and strategy. Your personal financial objectives and investment style will dictate whether investing in BlackRock aligns with your broader financial strategy. It would be best to discuss with your financial advisor to ensure you're making the most suitable decisions for your financial health.