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BlackRock (BLK) Competitors

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$1,028.69 +12.36 (+1.22%)
(As of 12/20/2024 05:40 PM ET)

BLK vs. BK, AMP, STT, TROW, NTRS, ARCC, BEN, SEIC, IVZ, and AMG

Should you be buying BlackRock stock or one of its competitors? The main competitors of BlackRock include Bank of New York Mellon (BK), Ameriprise Financial (AMP), State Street (STT), T. Rowe Price Group (TROW), Northern Trust (NTRS), Ares Capital (ARCC), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), and Affiliated Managers Group (AMG). These companies are all part of the "asset management & custody banks" industry.

BlackRock vs.

Bank of New York Mellon (NYSE:BK) and BlackRock (NYSE:BLK) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership, community ranking, media sentiment and dividends.

In the previous week, BlackRock had 30 more articles in the media than Bank of New York Mellon. MarketBeat recorded 37 mentions for BlackRock and 7 mentions for Bank of New York Mellon. BlackRock's average media sentiment score of 0.70 beat Bank of New York Mellon's score of 0.68 indicating that BlackRock is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of New York Mellon
1 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackRock
16 Very Positive mention(s)
6 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

BlackRock received 226 more outperform votes than Bank of New York Mellon when rated by MarketBeat users. Likewise, 72.51% of users gave BlackRock an outperform vote while only 66.69% of users gave Bank of New York Mellon an outperform vote.

CompanyUnderperformOutperform
Bank of New York MellonOutperform Votes
895
66.69%
Underperform Votes
447
33.31%
BlackRockOutperform Votes
1121
72.51%
Underperform Votes
425
27.49%

Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.4%. BlackRock pays an annual dividend of $20.40 per share and has a dividend yield of 2.0%. Bank of New York Mellon pays out 40.9% of its earnings in the form of a dividend. BlackRock pays out 50.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of New York Mellon has increased its dividend for 14 consecutive years and BlackRock has increased its dividend for 15 consecutive years. Bank of New York Mellon is clearly the better dividend stock, given its higher yield and lower payout ratio.

85.3% of Bank of New York Mellon shares are held by institutional investors. Comparatively, 80.7% of BlackRock shares are held by institutional investors. 0.1% of Bank of New York Mellon shares are held by insiders. Comparatively, 0.9% of BlackRock shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Bank of New York Mellon has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500. Comparatively, BlackRock has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500.

Bank of New York Mellon currently has a consensus target price of $81.00, indicating a potential upside of 4.35%. BlackRock has a consensus target price of $1,040.50, indicating a potential upside of 1.15%. Given Bank of New York Mellon's higher possible upside, equities research analysts plainly believe Bank of New York Mellon is more favorable than BlackRock.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of New York Mellon
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
BlackRock
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83

BlackRock has higher revenue and earnings than Bank of New York Mellon. Bank of New York Mellon is trading at a lower price-to-earnings ratio than BlackRock, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of New York Mellon$17.72B3.19$3.29B$4.6016.87
BlackRock$19.36B8.23$5.50B$40.5225.39

BlackRock has a net margin of 31.37% compared to Bank of New York Mellon's net margin of 9.44%. BlackRock's return on equity of 15.52% beat Bank of New York Mellon's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of New York Mellon9.44% 12.06% 1.05%
BlackRock 31.37%15.52%4.98%

Summary

BlackRock beats Bank of New York Mellon on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BLK vs. The Competition

MetricBlackRockSecurity brokers & dealers IndustryFinance SectorNYSE Exchange
Market Cap$159.32B$29.53B$10.68B$19.18B
Dividend Yield1.92%2.26%9.91%3.58%
P/E Ratio25.3917.4434.1741.22
Price / Sales8.235.23241.6717.58
Price / Cash25.8522.2730.3721.28
Price / Book3.872.762.695.32
Net Income$5.50B$932.00M$1.03B$989.67M
7 Day Performance-2.64%-3.39%-2.85%-3.45%
1 Month Performance-0.35%-3.67%-2.79%-3.73%
1 Year Performance28.82%34.81%11.07%12.06%

BlackRock Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLK
BlackRock
4.8696 of 5 stars
$1,028.69
+1.2%
$1,040.50
+1.1%
+30.3%$159.32B$19.36B25.3919,800Analyst Forecast
High Trading Volume
BK
Bank of New York Mellon
4.7821 of 5 stars
$79.20
+0.5%
$81.00
+2.3%
+52.5%$57.58B$33.81B17.1453,400
AMP
Ameriprise Financial
4.8365 of 5 stars
$548.64
-0.2%
$487.67
-11.1%
+42.8%$53.23B$16.76B21.1013,800
STT
State Street
4.7528 of 5 stars
$100.44
0.0%
$97.32
-3.1%
+29.1%$29.44B$18.37B15.8746,000Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
TROW
T. Rowe Price Group
4.4782 of 5 stars
$120.16
+0.5%
$117.09
-2.6%
+9.6%$26.69B$6.46B13.087,906Analyst Upgrade
NTRS
Northern Trust
3.4481 of 5 stars
$105.09
+0.1%
$105.00
-0.1%
+23.3%$20.83B$7.88B13.0623,100Positive News
ARCC
Ares Capital
1.2588 of 5 stars
$21.70
+0.0%
$22.29
+2.7%
+9.4%$14.02B$1.76B8.342,550Positive News
BEN
Franklin Resources
4.4872 of 5 stars
$21.89
-0.4%
$20.66
-5.6%
-29.9%$11.46B$8.48B25.5510,200Analyst Forecast
Analyst Revision
SEIC
SEI Investments
4.6061 of 5 stars
$85.30
-0.6%
$77.50
-9.1%
+30.1%$11.00B$2.05B20.735,089Analyst Forecast
Insider Trade
IVZ
Invesco
4.3946 of 5 stars
$18.14
+0.6%
$18.63
+2.7%
+1.5%$8.15B$5.89B-19.618,500Analyst Forecast
AMG
Affiliated Managers Group
4.3526 of 5 stars
$187.59
+0.5%
$196.50
+4.7%
+22.4%$5.67B$2.02B12.174,000Positive News

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This page (NYSE:BLK) was last updated on 12/21/2024 by MarketBeat.com Staff
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