Company Overview
BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S. government sponsored agency securities, non-agency mortgage-backed securities, asset-backed securities, and U.S. treasury obligations. The fund invests its assets in securities that are issued or guaranteed by the US government or one of its agencies or instrumentalities or rated at the time of investment either AAA by S&P or Aaa by Moody's. BlackRock Income Trust, Inc. was formed on July 22, 1988 and is domiciled in the United States.
Company Information
- CEO
- Charles Choon Sik Park
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Employees
- N/A
Contact Information
- Address
- 55 East 52nd Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 284.70M market capitalization
- Trading Volume: 122.37K shares traded today
- Price Range: 52-week range of $11.25 - $12.67
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for BlackRock Income Trust, Inc.
BlackRock Income Trust, Inc. (BKT) operates in the Asset Management - Income industry within the Financial Services sector. With a current market capitalization of 284.70M, the company represents a significant player in its market. The stock is currently trading at $11.72 with a positivedaily change of 0.34%.
The company's substantial employee base and presence on the New York Stock Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 83.71, beta of 0.47, and 52-week price range from $11.25 to $12.67when evaluating investment opportunities.
Why Invest in BlackRock Income Trust, Inc.?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Charles Choon Sik Park
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.