FY2025 EPS Estimates for BlackRock Decreased by Analyst

BlackRock, Inc. (NYSE:BLK) – Zacks Research cut their FY2025 EPS estimates for shares of BlackRock in a research report issued on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $46.50 for the year, down from their previous estimate of $46.57. The consensus estimate for BlackRock’s current full-year earnings is $47.41 per share. Zacks Research also issued estimates for BlackRock’s Q1 2026 earnings at $12.36 EPS, Q2 2026 earnings at $13.02 EPS and FY2027 earnings at $63.74 EPS.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Wednesday, January 15th. The asset manager reported $11.93 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $0.41. BlackRock had a net margin of 31.21% and a return on equity of 16.32%. The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same period in the prior year, the company posted $9.66 EPS. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis.

A number of other analysts have also weighed in on BLK. JPMorgan Chase & Co. increased their target price on BlackRock from $914.00 to $971.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. UBS Group lifted their price objective on shares of BlackRock from $1,017.00 to $1,045.00 and gave the company a “neutral” rating in a report on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their price objective on shares of BlackRock from $1,225.00 to $1,160.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their target price on shares of BlackRock from $1,215.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Finally, Morgan Stanley increased their price objective on BlackRock from $1,261.00 to $1,275.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,120.67.

BlackRock Trading Up 1.3 %

Shares of NYSE BLK opened at $964.28 on Monday. The business’s 50 day moving average price is $980.97 and its 200-day moving average price is $989.75. BlackRock has a fifty-two week low of $745.55 and a fifty-two week high of $1,084.22. The company has a debt-to-equity ratio of 0.45, a quick ratio of 5.23 and a current ratio of 5.23. The company has a market cap of $149.71 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 1.90 and a beta of 1.28.

Institutional Trading of BlackRock

A number of institutional investors have recently modified their holdings of the company. IAG Wealth Partners LLC acquired a new stake in BlackRock in the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new stake in shares of BlackRock in the 3rd quarter worth $26,000. Investment Management Corp VA ADV purchased a new stake in BlackRock in the fourth quarter valued at about $30,000. Collier Financial acquired a new stake in BlackRock in the 4th quarter worth approximately $32,000. Finally, Compass Planning Associates Inc purchased a new stake in BlackRock during the 4th quarter worth approximately $33,000. 80.69% of the stock is currently owned by institutional investors.

Insider Transactions at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 430 shares of BlackRock stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $949.37, for a total value of $408,229.10. Following the transaction, the director now owns 3,720 shares in the company, valued at $3,531,656.40. The trade was a 10.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 20,430 shares of company stock valued at $21,234,629. Corporate insiders own 0.90% of the company’s stock.

BlackRock Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were issued a $5.21 dividend. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from BlackRock’s previous quarterly dividend of $5.10. This represents a $20.84 dividend on an annualized basis and a dividend yield of 2.16%. BlackRock’s dividend payout ratio (DPR) is currently 49.62%.

About BlackRock

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.