With geopolitical tensions easing in key markets, BlackRock stock price forecast for late 2024 sees potential expansion in emerging market assets. Looking at the data, BlackRock’s Book Value currently sits at $317.55 per share, with analysts projecting a stable Book Value of $296.30 per share. The expected Stable EPS is $48.25 per share, calculated from five analysts' future Return on Equity (ROE) estimates. On average, BlackRock’s ROE is a robust 16.28%, while the Cost of Equity is $24.48 per share. The Excess Return, or the added value generated for shareholders above that required by the market, totals $23.77 per share. These strong figures suggest BlackRock is consistently generating value above its capital costs, supported by its ability to earn high returns on invested capital and maintain growth momentum. Analysts expect the New York-based company to report quarterly earnings at $10.60 per share, up from $10.36 per share in the year-ago period. BlackRock projects to report quarterly revenue of $5.41 billion, compared to $4.80 billion a year earlier, according to data from Benzinga Pro .
