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BlackRock Inc (BLK) is a leading asset management business with stocks listed in the US. It closed the previous market day at US$1022.8. During the previous open market day, the price has varied from a low of USD1020.82 to a high of USD1029.3199. BlackRock is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in BlackRock
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for BlackRock. Find the share by name or ticker symbol: BLK. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until BlackRock reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$1022.8, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of BlackRock, depending on your broker.
- Check in on your investment. Congratulations, you own a part of BlackRock. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
Have BlackRock's shares ever split?
BlackRock's shares were split on 4 June 2007.
BlackRock shares at a glance
Information last updated 2024-11-28.
| 52-week range | US$728.5024 - US$1068.34 |
|---|---|
| 50-day moving average | US$989.279 |
| 200-day moving average | US$858.186 |
| Target price | US$1088.653 |
| PE ratio | 25.3154 |
| Dividend yield | US$5 (2%) |
| Earnings per share (TTM) | US$40.27 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
BlackRock price performance over time
Historical closes compared with the last close of $1022.8
| 1 week (2024-11-22) | -1.32% |
|---|---|
| 1 month (2024-11-01) | 3.83% |
| 3 months (2024-08-30) | 13.42% |
| 6 months (2024-05-31) | 32.48% |
| 1 year (2023-12-01) | 35.23% |
|---|---|
| 2 years (2022-12-01) | 41.63% |
| 3 years (2021-12-01) | 13.60% |
| 5 years (2019-11-29) | 106.66% |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy BlackRock stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is BlackRock under- or over-valued?
Valuing BlackRock stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BlackRock's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
BlackRock's P/E ratio
BlackRock's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, BlackRock shares trade at around 25x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
BlackRock's PEG ratio
BlackRock's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8453. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into BlackRock's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
BlackRock's EBITDA
BlackRock's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$7.7 billion (£6 billion).
The EBITDA is a measure of a BlackRock's overall financial performance and is widely used to measure stock profitability.
BlackRock share price volatility
Over the last 12 months, BlackRock's shares have ranged in value from as little as US$728.5024 up to US$1068.34. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while BlackRock's is 1.311. This would suggest that BlackRock's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
BlackRock financials
| Revenue TTM | US$19.4 billion |
|---|---|
| Operating margin TTM | 39.85% |
| Gross profit TTM | US$8.8 billion |
| Return on assets TTM | 3.6% |
| Return on equity TTM | 15.05% |
| Profit margin | 31.37% |
| Book value | 278.317 |
| Market capitalisation | US$151 billion |
| EBITDA | US$7.7 billion |
TTM: trailing 12 months
BlackRock share dividends
Dividend payout ratio: 49.16% of net profits
Recently BlackRock has paid out, on average, around 49.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), BlackRock shareholders could enjoy a 2% return on their shares, in the form of dividend payments. In BlackRock's case, that would currently equate to about $5 per share.
While BlackRock's payout ratio might seem fairly standard, it's worth remembering that BlackRock may be investing much of the rest of its net profits in future growth.
BlackRock's most recent dividend payout was on 22 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 4 December 2024 (the "ex-dividend date").
BlackRock's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like BlackRock.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
BlackRock's total ESG risk score
Total ESG risk: 22.4
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and BlackRock's overall score of 22.4 (as at 12/31/2018) is pretty good – landing it in it in the 34th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like BlackRock is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
BlackRock's environmental score
Environmental score: 1.97/100
BlackRock's environmental score of 1.97 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that BlackRock is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
BlackRock's social score
Social score: 10.38/100
BlackRock's social score of 10.38 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that BlackRock is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
BlackRock's governance score
Governance score: 12.06/100
BlackRock's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that BlackRock is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
BlackRock's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. BlackRock scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that BlackRock has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
BlackRock Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 22.4 |
|---|---|
| Total ESG percentile | 34.02 |
| Environmental score | 1.97 |
| Environmental score percentile | 4 |
| Social score | 10.38 |
| Social score percentile | 4 |
| Governance score | 12.06 |
| Governance score percentile | 4 |
| Level of controversy | 2 |
BlackRock overview
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston
BlackRock in the news
BlackRock’s Larry Fink Sees At Least Quarter-Point Rate Cut Before End of 2024
BlackRock's Fink bullish on private markets amid high US deficit
AB vs. BLK: Which Stock Is the Better Value Option?
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