UK markets closed

BlackRock, Inc. (BLK)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
547.81+12.76 (+2.38%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Previous close535.05
Open532.95
Bid535.00 x 1300
Ask560.00 x 1100
Day's range531.39 - 548.90
52-week range323.98 - 609.69
Volume486,378
Avg. volume627,846
Market cap83.532B
Beta (5Y monthly)1.24
PE ratio (TTM)19.28
EPS (TTM)28.42
Earnings date13 Oct 2020 - 19 Oct 2020
Forward dividend & yield14.52 (2.71%)
Ex-dividend date03 Sep 2020
1y target est648.60
  • China's Ping An Insurance cements its place as HSBC's biggest shareholder
    Yahoo Finance UK

    China's Ping An Insurance cements its place as HSBC's biggest shareholder

    Before the latest transaction, Ping An held a 7.95% share in the bank.

  • Are You Looking for a High-Growth Dividend Stock? BlackRock (BLK) Could Be a Great Choice
    Zacks

    Are You Looking for a High-Growth Dividend Stock? BlackRock (BLK) Could Be a Great Choice

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does BlackRock (BLK) have what it takes? Let's find out.

  • BlackRock’s Boivin Says Rebound Is Real, Policy Support Crucial
    Bloomberg

    BlackRock’s Boivin Says Rebound Is Real, Policy Support Crucial

    (Bloomberg) -- The global economy is bouncing back faster than expected, but downside risks remain and more help from policy makers is necessary for a full recovery, says the head of research at the world’s largest money manager.Jean Boivin, head of BlackRock Inc.’s investment institute, said the economy is recovering from a “very deep shock” and should return to pre-pandemic levels sometime in the next 18 months.“The restart is real,” Boivin said at Bloomberg’s Canadian Fixed Income Conference. “What is really crucial is we have the continuous policy support,” he added, pointing to the deadlock among U.S. lawmakers on a new round of stimulus.Canada’s economy has “a bit less downside risk” and should see output back to pre-recession levels sometime in 2021 because the policy landscape is more certain, Boivin said during a panel discussion with Stefane Marion, chief economist at National Bank Financial, and Beata Caranci, chief economist at Toronto-Dominion Bank.Employment will take longer to fully recover than gross domestic product, Marion said. That won’t be until 2022, which “will bring tremendous challenges to policy makers,” he said.The labor market will experience persistent scarring because of the pandemic, Caranci said. However, the recent “massive revisions” by the OECD and the U.S. Federal Reserve as hopeful signs, she said. The Paris-based OECD said last week the global economy will shrink 4.5% in 2020, less than the previous forecast of a 6% contraction, with forecasts for China, the euro area and the U.S. all improving.Watch: National Bank Financial, BlackRock, TD Discuss Economy, HousingThe OECD’s forecast says Canada’s economy will grow 4% next year after a 5.8% contraction this year. Still, Caranci doesn’t see the Bank of Canada raising interest rates until 2024 at the earliest, given the lack of inflation.“Central banks would prefer that expectations rise above 2%. That is a high bar, given what we’ve seen over the past decade,” when core measures consistently undershot that level, she said.Marion sees higher inflation as possible. “Unlike in 2008-09, with fiscal policy moving with monetary policy, I think that the 2% to 3% inflation world is possible to achieve given these circumstances,” he said, adding the economic cold war between the U.S. and China and the fight against climate change may add to inflationary pressures.Register for the Bloomberg Canadian Fixed Income ConferenceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more