FY2025 EPS Estimates for BlackRock Cut by Zacks Research

BlackRock, Inc. (NYSE:BLK) – Equities researchers at Zacks Research lowered their FY2025 earnings per share estimates for BlackRock in a research report issued on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the asset manager will earn $46.50 per share for the year, down from their prior 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 released its quarterly earnings results on Wednesday, January 15th. The asset manager reported $11.93 EPS for the quarter, beating the consensus estimate of $11.52 by $0.41. The firm had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.57 billion. BlackRock had a net margin of 31.21% and a return on equity of 16.32%. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.66 EPS.

BLK has been the subject of a number of other research reports. Keefe, Bruyette & Woods cut 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. UBS Group upped their price target on BlackRock from $1,017.00 to $1,045.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on BlackRock from $1,215.00 to $1,275.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Barclays reduced their target price on shares of BlackRock from $1,220.00 to $1,160.00 and set an “overweight” rating for the company in a report on Monday, January 13th. Finally, StockNews.com assumed coverage on shares of BlackRock in a research report on Friday. They issued a “hold” rating for the company. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,120.67.

BlackRock Stock Up 1.3 %

Shares of BLK stock opened at $964.28 on Monday. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.45. BlackRock has a 12 month low of $745.55 and a 12 month high of $1,084.22. The stock has a market cap of $149.71 billion, a P/E ratio of 22.96, a P/E/G ratio of 1.90 and a beta of 1.28. The company has a 50 day simple moving average of $980.97 and a two-hundred day simple moving average of $989.75.

Institutional Trading of BlackRock

A number of large investors have recently added to or reduced their stakes in the company. Fire Capital Management LLC purchased a new position in shares of BlackRock in the fourth quarter valued at $1,016,000. Chancellor Financial Group WB LP purchased a new stake in shares of BlackRock during the 4th quarter valued at about $325,000. Objective Capital Management LLC bought a new position in shares of BlackRock in the 4th quarter valued at about $377,000. Wealth Enhancement Advisory Services LLC grew its position in BlackRock by 4.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,309 shares of the asset manager’s stock worth $34,145,000 after acquiring an additional 1,364 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC increased its stake in BlackRock by 0.3% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 25,562 shares of the asset manager’s stock worth $26,204,000 after acquiring an additional 82 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Buying and Selling at BlackRock

In related news, Director J. Richard Kushel sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $1,072.64, for a total value of $10,726,400.00. Following the sale, the director now directly owns 68,433 shares in the company, valued at approximately $73,403,973.12. The trade was a 12.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 20,430 shares of company stock valued at $21,234,629 in the last 90 days. 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. Shareholders of record on Friday, March 7th were paid a $5.21 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $20.84 annualized dividend and a yield of 2.16%. This is a boost from BlackRock’s previous quarterly dividend of $5.10. BlackRock’s payout ratio is presently 49.62%.

BlackRock Company Profile

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.