Is BlackRock Finally Looking Attractive?

dividend growth investing | stock analysis | minimum acceptable rate of return
BlackRock, Inc. (BLK) Dividend Stock Analysis 2018
Shares of BlackRock, Inc. (BLK) haven't fared so well during 2018.  The share price peaked in late January around $595 per share and reached a low around $466 in mid August.  That's a hefty 21.6% decline from peak to trough.  While some might be concerned about the relative under-performance compared to the S&P 500, that's exactly what I want to see for a prospective investment.

For some reason or another Mr. Market has decided to reduce the share price of BlackRock.  My hunch would say it's primarily due to market participants re-valuing the earnings to a lower multiple, but for now the share price is what it is.  The decline has piqued my interest to examine BlackRock closer to see if it deserves a spot in my portfolio.

dividend stock analysis, DIY, value investing, long term investing