BlackRock logged a -0.3% change during today's overnight session, and is now trading at a price of $754.3 per share. On average, analysts give it a target price of $767.38.
BlackRock, Inc. is a publicly owned investment manager. The large-cap company is based in the United States. BlackRock currently returns an annual dividend yield of 2.6%.
Make Sure to Consider the Following Before Buying BlackRock:
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BlackRock has moved 7.0% over the last year.
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BLK has a forward P/E ratio of 20.1 based on its EPS guidance of 37.58.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 5.0%.
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The company has a price to earnings growth (PEG) ratio of 2.53.
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Its Price to Book (P/B) ratio is 2.91
BlackRock Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,140,000 | 354,000 | 3,786,000 | -14.4 |
| 2022 | 4,956,000 | 533,000 | 4,423,000 | -3.91 |
| 2021 | 4,944,000 | 341,000 | 4,603,000 | 29.7 |
| 2020 | 3,743,000 | 194,000 | 3,549,000 | 34.94 |
| 2019 | 2,884,000 | 254,000 | 2,630,000 | -8.39 |
| 2018 | 3,075,000 | 204,000 | 2,871,000 |
BlackRock's free cash flows have a decent average of $3.64 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 363.0%. The compounded average growth rate over this period is 4.7%.
