Research Analysts Issue Forecasts for BlackRock Q1 Earnings

BlackRock, Inc. (NYSE:BLK) – Investment analysts at Zacks Research lowered their Q1 2025 EPS estimates for BlackRock in a research note issued on Wednesday, February 5th. Zacks Research analyst R. Department now forecasts that the asset manager will earn $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.

BlackRock (NYSE:BLK) last issued 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 firm had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.57 billion. BlackRock had a net margin of 31.21% and a return on equity of 16.32%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.66 earnings per share.

Other analysts have also recently issued reports about the stock. StockNews.com assumed coverage on shares of BlackRock in a research note on Saturday, February 1st. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of BlackRock from $1,215.00 to $1,275.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Barclays lowered their price target 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. Morgan Stanley raised their price target on shares of BlackRock from $1,261.00 to $1,275.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of BlackRock from $1,225.00 to $1,160.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, BlackRock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,120.67.

BlackRock Price Performance

Shares of BlackRock stock opened at $991.95 on Friday. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $153.63 billion, a price-to-earnings ratio of 23.62, a P/E/G ratio of 2.06 and a beta of 1.28. BlackRock has a 1-year low of $745.55 and a 1-year high of $1,084.22. The firm’s 50-day moving average price is $1,025.55 and its two-hundred day moving average price is $967.09.

Institutional Investors Weigh In On BlackRock

Several institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its position in BlackRock by 14.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 20,092 shares of the asset manager’s stock valued at $20,597,000 after acquiring an additional 2,466 shares in the last quarter. HighTower Advisors LLC bought a new stake in BlackRock in the 4th quarter valued at $87,904,000. Moors & Cabot Inc. lifted its position in BlackRock by 3.8% during the 4th quarter. Moors & Cabot Inc. now owns 9,712 shares of the asset manager’s stock worth $9,956,000 after buying an additional 352 shares in the last quarter. Cascade Financial Partners LLC bought a new stake in BlackRock during the 4th quarter worth about $379,000. Finally, GC Wealth Management RIA LLC bought a new stake in BlackRock during the 4th quarter worth about $258,000. 80.69% of the stock is owned by institutional investors.

Insider Activity

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

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 issued a dividend of $5.21 per share. This represents a $20.84 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from BlackRock’s previous quarterly dividend of $5.10. BlackRock’s payout ratio is currently 48.57%.

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.