Blackrock New York Stock Today

BNY Stock  USD 10.29  0.01  0.1%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 69

 
High
 
Low
Quite High
BlackRock New is trading at 10.29 as of the 18th of April 2024; that is 0.1% increase since the beginning of the trading day. The stock's open price was 10.28. BlackRock New has more than 69 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for BlackRock New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
27th of July 2001
Classification
Financials
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States. Blackrock New is traded on New York Stock Exchange in the United States.. The company has 24.12 M outstanding shares of which 20.56 K shares are currently shorted by investors with about 0.54 days to cover. More on BlackRock New York

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BlackRock Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackRock New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn Perlowski
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering BlackRock New report their recommendations after researching BlackRock New's financial statements, talking to executives and customers, or listening in on BlackRock New's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackRock New York. The BlackRock consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackRock New.
Financial Strength
Based on the key measurements obtained from BlackRock New's financial statements, BlackRock New York is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of BlackRock New York is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04310.0469
Significantly Down
Slightly volatile
Gross Profit Margin0.670.77
Fairly Down
Slightly volatile
Total Current Liabilities2.5 M2.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total45.7 K48.2 K
Notably Down
Pretty Stable
Total Assets403.3 M552.6 M
Way Down
Slightly volatile
Total Current Assets4.8 M5.5 M
Fairly Down
Very volatile
Total Cash From Operating Activities65 M61.9 M
Sufficiently Up
Slightly volatile
BlackRock New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackRock New's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackRock New's financial leverage. It provides some insight into what part of BlackRock New's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on BlackRock New's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how BlackRock New deploys its capital and how much of that capital is borrowed.
Liquidity
BlackRock New cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 41.88 K in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. BlackRock New York has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist BlackRock New until it has trouble settling it off, either with new capital or with free cash flow. So, BlackRock New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackRock New York sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackRock to invest in growth at high rates of return. When we think about BlackRock New's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

567,885
BlackRock New York (BNY) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 31 people. BlackRock New is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 247.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackRock New's market, we take the total number of its shares issued and multiply it by BlackRock New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BlackRock New York runs under Capital Markets sector within Financials industry. The entity has 24.12 M outstanding shares of which 20.56 K shares are currently shorted by investors with about 0.54 days to cover. BlackRock New York has about 585 in cash with 53.82 M of positive cash flow from operations.
Check BlackRock New Probability Of Bankruptcy
Ownership Allocation
BlackRock New holds a total of 24.12 Million outstanding shares. Almost 71.0 percent of BlackRock New outstanding shares are held by general public with 29.28 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackRock Ownership Details

BlackRock Stock Price Odds Analysis

Based on a normal probability distribution, the odds of BlackRock New jumping above the current price in 90 days from now is about 89.44%. The BlackRock New York probability density function shows the probability of BlackRock New stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon BlackRock New has a beta of 0.2732 suggesting as returns on the market go up, BlackRock New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BlackRock New York will be expected to be much smaller as well. Additionally, blackRock New York has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 10.29HorizonTargetOdds Above 10.29
10.16%90 days
 10.29 
89.44%
Based on a normal probability distribution, the odds of BlackRock New to move above the current price in 90 days from now is about 89.44 (This BlackRock New York probability density function shows the probability of BlackRock Stock to fall within a particular range of prices over 90 days) .

BlackRock New Historical Income Statement

BlackRock New York Income Statement is one of the three primary financial statements used for reporting BlackRock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BlackRock New York revenue and expense. BlackRock New Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BlackRock New's Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 3.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024. View More Fundamentals

BlackRock Stock Against Markets

Picking the right benchmark for BlackRock New stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackRock New stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackRock New is critical whether you are bullish or bearish towards BlackRock New York at a given time. Please also check how BlackRock New's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BlackRock New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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BlackRock New Corporate Management

Elected by the shareholders, the BlackRock New's board of directors comprises two types of representatives: BlackRock New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock New's management team and ensure that shareholders' interests are well served. BlackRock New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackRock New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry GabbayIndependent TrusteeProfile
Kathleen FeldsteinIndependent TrusteeProfile
CFA CFAPortfolio MangProfile
Janey AhnSecretaryProfile
Michael CastellanoIndependent TrusteeProfile

How to buy BlackRock Stock?

Before investing in BlackRock New, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BlackRock New. To buy BlackRock New stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackRock New. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase BlackRock New stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BlackRock New York stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased BlackRock New York stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BlackRock New York, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BlackRock Stock please use our How to Invest in BlackRock New guide.

Already Invested in BlackRock New York?

The danger of trading BlackRock New York is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackRock New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackRock New. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock New York is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BlackRock New York offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock New York Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock New York Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock New York. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running BlackRock New's price analysis, check to measure BlackRock New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock New is operating at the current time. Most of BlackRock New's value examination focuses on studying past and present price action to predict the probability of BlackRock New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock New's price. Additionally, you may evaluate how the addition of BlackRock New to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock New's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock New. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
0.402
Earnings Share
0.33
Revenue Per Share
0.815
Quarterly Revenue Growth
0.006
The market value of BlackRock New York is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock New's value that differs from its market value or its book value, called intrinsic value, which is BlackRock New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock New's market value can be influenced by many factors that don't directly affect BlackRock New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock New's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.