BlackRock stock closes lower despite market gains, outperformed by S&P 500 but gained over past month

From Yahoo Finance: 2024-05-28 18:15:05

BlackRock (BLK) closed trading at $771.41, down 1.34% from the previous day. The stock underperformed the S&P 500 but outdid the Dow and Nasdaq. Over the past month, BLK gained 2.71%. Analysts predict earnings of $9.96 per share, a 7.33% increase. Revenue is estimated at $4.89 billion. Zacks Consensus Estimates project full-year earnings at $41.25 per share and revenue at $20.21 billion, up 9.21% and 13.19%, respectively. BLK is rated a hold with a Forward P/E ratio of 18.95. The investment management industry has a PEG ratio of 0.95. BLK is part of the finance sector, ranking 141 out of 250 in the Zacks Industry Rank.



Read more at Yahoo Finance: BlackRock (BLK) Stock Drops Despite Market Gains: Important Facts to Note