BlackRock moved -1.5% this evening session, trading between a high of $805.25 and a low of $789.041 per share. Yesterday the stock finished at $801.38 per share, compared to an average analyst target price of $800.31.
BlackRock, Inc. is a publicly owned investment manager. The large-cap investment bankers/brokers/service company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.5%. BlackRock has trailing twelve months earnings per share (EPS) of 23.32, which at today's prices amounts to a price to earnings (P/E) ratio of 33.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.36. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of BlackRock's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 17,565,000 | 11,448,000 | 39 | 8.33 |
| 2022 | 17,873,000 | 11,488,000 | 36 | -14.29 |
| 2021 | 19,374,000 | 11,924,000 | 42 | 5.0 |
| 2020 | 16,205,000 | 10,510,000 | 40 | 0.0 |
| 2019 | 14,539,000 | 8,988,000 | 40 | 5.26 |
| 2018 | 14,198,000 | 8,741,000 | 38 |
BlackRock's operating margins have averaged 39.2% over the last 6 years, which is significantly higher than the Capital Markets industry average of 0.41%. The firm's margins exhibit a relatively stable growth trend of 0.5%.
