Research Analysts Issue Forecasts for BlackRock Q1 Earnings

BlackRock, Inc. (NYSE:BLK) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings estimates for shares of BlackRock in a report released on Wednesday, February 5th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings of $10.40 per share for the quarter, down from their previous forecast of $10.73. The consensus estimate for BlackRock’s current full-year earnings is $47.45 per share. Zacks Research also issued estimates for BlackRock’s Q2 2025 earnings at $11.05 EPS, Q3 2025 earnings at $12.00 EPS, FY2025 earnings at $46.57 EPS, Q1 2026 earnings at $12.38 EPS and FY2027 earnings at $64.16 EPS.

BLK has been the topic of several other reports. Wells Fargo & Company boosted their price objective on shares of BlackRock from $1,155.00 to $1,175.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods decreased their price target on shares of BlackRock from $1,225.00 to $1,160.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Barclays decreased their price target on shares of BlackRock from $1,220.00 to $1,160.00 and set an “overweight” rating on the stock in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft upped their price target on shares of BlackRock from $1,215.00 to $1,275.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Finally, Citigroup upped their price target on shares of BlackRock from $1,150.00 to $1,200.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and a consensus price target of $1,120.67.

BlackRock Stock Down 1.5 %

BlackRock stock opened at $991.95 on Friday. The firm has a market capitalization of $153.63 billion, a PE ratio of 23.62, a P/E/G ratio of 2.06 and a beta of 1.28. The company’s 50-day moving average is $1,025.55 and its 200-day moving average is $967.09. 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 current ratio of 5.23 and a quick ratio of 5.23.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Wednesday, January 15th. The asset manager reported $11.93 earnings per share for the quarter, topping the consensus estimate of $11.52 by $0.41. The company had revenue of $5.68 billion for 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%. BlackRock’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the previous year, the business earned $9.66 EPS.

BlackRock Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be given a dividend of $5.21 per share. This represents a $20.84 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date is Friday, March 7th. This is a positive change from BlackRock’s previous quarterly dividend of $5.10. BlackRock’s dividend payout ratio is presently 48.57%.

Insiders Place Their Bets

In other news, Director J. Richard Kushel sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $1,010.00, for a total transaction of $10,100,000.00. Following the completion of the sale, the director now owns 68,433 shares of the company’s stock, valued at approximately $69,117,330. This represents a 12.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Robert L. Goldstein sold 54,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $1,046.03, for a total transaction of $56,485,620.00. Following the sale, the chief operating officer now directly owns 41,916 shares of the company’s stock, valued at approximately $43,845,393.48. This trade represents a 56.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,190 shares of company stock worth $115,163,141 in the last quarter. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of BlackRock

A number of institutional investors and hedge funds have recently made changes to their positions in BLK. City Holding Co. bought a new position in BlackRock in the 3rd quarter valued at approximately $55,000. Brookstone Capital Management increased its position in shares of BlackRock by 30.9% during the third quarter. Brookstone Capital Management now owns 927 shares of the asset manager’s stock worth $880,000 after buying an additional 219 shares during the period. Sovereign Financial Group Inc. grew its holdings in BlackRock by 24.0% in the third quarter. Sovereign Financial Group Inc. now owns 326 shares of the asset manager’s stock worth $309,000 after purchasing an additional 63 shares during the period. First PREMIER Bank acquired a new stake in BlackRock in the third quarter worth $114,000. Finally, Marcum Wealth LLC grew its holdings in BlackRock by 9.4% in the third quarter. Marcum Wealth LLC now owns 1,026 shares of the asset manager’s stock worth $975,000 after purchasing an additional 88 shares during the period. Institutional investors own 80.69% of the company’s stock.

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.