BlackRock (BLK) - A Brief Overview of the Stock

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%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.