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BlackRock Finance (BLK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-01-10 15:26
Wall Street analysts expect BlackRock Finance (BLK) to post quarterly earnings of $11.49 per share in its upcoming report, which indicates a year-over-year increase of 18.9%. Revenues are expected to be $5.6 billion, up 20.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ti ...
Why BlackRock Finance (BLK) Outpaced the Stock Market Today
ZACKS· 2025-01-09 00:20
BlackRock Finance (BLK) closed the most recent trading day at $986.10, moving +0.54% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.The the stock of investment firm has fallen by 7.22% in the past month, lagging the Finance sector's loss of 4.35% and the S&P 500's loss of 2.8%.The investment community will be closely monitoring the performance of ...
Analyst Predicts Strong Earnings For Brokers Amid Solid Retail Engagement: Virtu Financial, Robinhood, And BlackRock Under The Spotlight
Benzinga· 2025-01-08 19:53
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) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-08 16:06
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 Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-01-08 15:14
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 ...
Meet the BlackRock ETF With 39.2% of Its Portfolio Invested in Broadcom, Nvidia, Amazon, and Microsoft
The Motley Fool· 2025-01-07 09:22
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 ...
BLK Stock Soars 26.3% in 2024: Will the Rally Continue This Year?
ZACKS· 2025-01-06 14:36
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 ...
BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
Seeking Alpha· 2025-01-03 19:42
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]
BlackRock: Now Is Not The Time To Buy (Rating Downgrade)
Seeking Alpha· 2025-01-03 12:25
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 ...
BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
GlobeNewswire· 2024-12-28 03:24
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 ...