Blackrock BLK
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Blackrock (BLK) Business Model and Operations Summary
BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.
Key Insights
Blackrock (BLK) Core Market Data and Business Metrics
Latest Closing Price
$944.08Market Cap
$146.54 BillionPrice-Earnings Ratio
22.47Total Outstanding Shares
155.25 Million SharesTotal Employees
21,100Dividend
$5.21 Per Share QuarterlyIPO Date
October 1, 1999SIC Description
Security Brokers, Dealers & Flotation CompaniesPrimary Exchange
New York Stock ExchangeHeadquarters
50 Hudson Yards, New York, NY, 10001
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $4.19 Billion |
| Net Cash Flow From Financing Activities | $2.24 Billion |
| Net Cash Flow From Operating Activities, Continuing | $4.96 Billion |
| Net Cash Flow From Investing Activities | $-3.00 Billion |
| Net Cash Flow From Financing Activities, Continuing | $2.24 Billion |
| Net Cash Flow | $4.03 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $151.60 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Net Income/Loss | $6.51 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $143 Million |
| Benefits Costs and Expenses | $4.50 Billion |
| Income/Loss From Continuing Operations After Tax | $6.51 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $6.03 Billion |
| Other Comprehensive Income/Loss | $-338 Million |
| Comprehensive Income/Loss | $6.17 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $143 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $47.66 Billion |
| Equity Attributable To Parent | $47.49 Billion |
| Liabilities | $89.26 Billion |
| Temporary Equity | $1.69 Billion |
| Intangible Assets | $20.74 Billion |
| Noncurrent Liabilities | $0 |
Historical Dividends
Current dividend: $5.21 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 29, 2025 | Mar 24, 2025 | Mar 7, 2025 | $5.21 | Quarterly |
| Nov 20, 2024 | Dec 23, 2024 | Dec 5, 2024 | $5.1 | Quarterly |
| Jul 24, 2024 | Sep 23, 2024 | Sep 9, 2024 | $5.1 | Quarterly |
| May 15, 2024 | Jun 24, 2024 | Jun 7, 2024 | $5.1 | Quarterly |
| Jan 10, 2024 | Mar 22, 2024 | Mar 7, 2024 | $5.1 | Quarterly |
| Nov 8, 2023 | Dec 22, 2023 | Dec 7, 2023 | $5 | Quarterly |