Group 1 - BlackRock Finance (BLK) closed at $986.10, with a daily increase of +0.54%, outperforming the S&P 500's gain of 0.16% [1] - The stock has decreased by 7.22% over the past month, underperforming the Finance sector's loss of 4.35% and the S&P 500's loss of 2.8% [1] Group 2 - BlackRock Finance is set to release its earnings report on January 15, 2025, with projected earnings per share (EPS) of $11.43, indicating an 18.32% increase year-over-year [2] - Revenue is expected to reach $5.58 billion, reflecting a 20.6% increase compared to the same quarter last year [2] Group 3 - Recent modifications to analyst estimates for BlackRock Finance are crucial, as they indicate evolving short-term business trends and analysts' confidence in the company's performance [3] - Positive revisions in estimates are correlated with impending stock price performance [4] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988 [5] - BlackRock Finance currently holds a Zacks Rank of 3 (Hold), with a 0.33% decline in the Zacks Consensus EPS estimate over the past month [5] Group 5 - BlackRock Finance has a Forward P/E ratio of 20.46, which is a premium compared to the industry average of 9.63 [6] - The company has a PEG ratio of 1.59, higher than the industry average PEG ratio of 1.16 [7] Group 6 - The Financial - Investment Management industry, part of the Finance sector, holds a Zacks Industry Rank of 85, placing it in the top 34% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

BofA Securities analyst Craig Siegenthaler forecasts the major earnings beats for brokers this earnings season, steered by accelerating retail engagement.Siegenthaler also sees broad-based beats for traditional firms, supported by strong markets, foreign exchange, and higher management fees and non-operating income.Here are a few of the most considerable companies, along with the analyst’s insights on them:Virtu Financial, Inc. VIRT: The analyst reiterated a Buy rating on the stock, lowering the price forec ...

BlackRock Finance (BLK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 15, 2025, might help the stock move higher if these key numbers are bette ...

BlackRock, Inc. BLK will release earnings results for its fourth quarter, before the opening bell on Wednesday, Jan. 15, 2025.Analysts expect the company to report quarterly earnings at $11.38 per share, up from $9.66 per share in the year-ago period. BlackRock projects to report revenue of $5.63 billion for the recent quarter, compared to $4.63 billion a year earlier, according to data from Benzinga Pro.On Dec. 3, the company disclosed a definitive agreement to acquire HPS Investment Partners for around $1 ...

BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary. Investors can passively own hundreds or even thousands of stocks by purchasing just a handful of different ETFs. They can be especially useful when investors want exposure to a new industry like artificial intelligence (AI) because it's challenging to determine which individual ...

BlackRock’s (BLK) shares are in the spotlight as the company continues expanding its presence in the lucrative private markets through acquisitions. In 2024, BLK stock soared 26.3%. In the same timeframe, the Zacks Investment Management industry and the S&P 500 Index rallied 33.8% and 24.4%, respectively.2024 Price Performance Image Source: Zacks Investment Research2 Major Factors Influencing BlackRock StockAcquisitions Driving BlackRock’s Private Markets Push: BlackRock was on a buyout spree last year. In ...

Company Overview - BlackRock TCP Capital Corp (TCPC) originated from the merger between BlackRock TCP Capital and BlackRock Capital Investment in Q1 FY2024 [1] Financial Performance - The BDC has seen a significant increase in its non-accrual percentage [1] Portfolio Composition - The portfolio mainly focuses on companies with asymmetric long-term upside [1] - Top holdings include Bitcoin, Tesla, Google, Amazon, and Nvidia [1]

For me, my dividend growth investing strategy is simple. I aim to own the most dominant players in massive and growing industries. This is because industry dominance is usually reflective of companiesHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to TipRanks, Sure Dividend, and The Dividend Kings and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Divide ...

TORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final annual reinvested capital gains distributions for the iShares ETFs listed on the TSX or Cboe Canada for the 2024 tax year. The distributions are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include o ...

MSCI (NYSE: MSCI ) is a financial analytics company I haven’t written enough about. On the surface, it is one of the most profitable and well-known brands on the Street. It is a high free cash flow machine.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Se ...