BlackRock logged a 2.0% change during today's afternoon session, and is now trading at a price of $637.72 per share. On average, analysts give it a target price of $807.25.
BlackRock, Inc. is a publicly owned investment manager. The large-cap company is based in the United States. BlackRock currently returns an annual dividend yield of 3.2%.
Make Sure to Consider the Following Before Buying BlackRock:
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BlackRock has moved 11.0% over the last year.
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BLK has a forward P/E ratio of 15.9 based on its EPS guidance of 40.08.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 2.1%.
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The company has a price to earnings growth (PEG) ratio of 2.01.
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Its Price to Book (P/B) ratio is 2.49
BlackRock Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 4,956,000 | -533,000 | 5,489,000 | 3.86 |
| 2022-02-25 | 4,944,000 | -341,000 | 5,285,000 | 34.24 |
| 2021-02-25 | 3,743,000 | -194,000 | 3,937,000 | 25.46 |
| 2020-02-28 | 2,884,000 | -254,000 | 3,138,000 | -4.3 |
| 2019-02-28 | 3,075,000 | -204,000 | 3,279,000 | -17.68 |
| 2018-02-28 | 3,828,000 | -155,000 | 3,983,000 |
BlackRock's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $4.19 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.
