How to buy Blackrock stock (2024)

BlackRock is an asset management business based in the US. BlackRock shares (BLK) are listed on the NYSE and all prices are listed in US Dollars. BlackRock employs 19,500 staff and has a trailing 12-month revenue of around $17.4 billion.

How to buy BlackRock stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – BLK. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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What's in this guide?

  1. BLK shares summary
  2. Compare share dealing platforms
  3. Is BLK stock a buy or sell?
  4. Stock performance over time
  5. Are BLK shares over-valued?
  6. BlackRock's financials
  7. How volatile are BLK shares?
  8. Does BlackRock pay a dividend?
  9. Have BLK shares ever split?
  10. Other common questions

BlackRock stock price (NYSE: BLK)

Use our graph to track the performance of BLK stocks over time.

BlackRock shares at a glance

  • Key figures

Information last updated 2023-06-10.

Latest market close$684.40
52-week range$492.46 - $770.48
50-day moving average $664.19
200-day moving average $674.67
Wall St. target price$760.29
PE ratio 21.202
Dividend yield $19.64 (2.95%)
Earnings per share (TTM) $32.28

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Is it a good time to buy BlackRock stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

BlackRock price performance over time

Historical closes compared with the close of $684.4 from 2023-06-09

1 week (2023-06-01)2.33%
1 month (2023-05-11)6.60%
3 months (2023-03-07)N/A
6 months (2022-12-07)N/A
1 year (2022-06-10)10.80%
2 years (2021-06-11)-22.29%
3 years (2020-06-11)33.16%
5 years (2018-06-11)35.09%

Is BlackRock stock undervalued or overvalued?

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 financials

Revenue TTM$17.4 billion
Operating margin TTM35.32%
Gross profit TTM $8.8 billion
Return on assets TTM2.91%
Return on equity TTM12.32%
Profit margin28.13%
Book value$251.57
Market capitalisation $102.5 billion

TTM: trailing 12 months

BlackRock share dividends

Dividend payout ratio: 58.51% of net profits

Recently BlackRock has paid out, on average, around 58.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.95% 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 2.95% return on their shares, in the form of dividend payments. In BlackRock's case, that would currently equate to about $19.64 per share.

BlackRock's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

BlackRock's most recent dividend payout was on 23 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 7 June 2023 (the "ex-dividend date").

Have BlackRock's shares ever split?

BlackRock's shares were split on 5 June 2007.

BlackRock share price volatility

Over the last 12 months, BlackRock's shares have ranged in value from as little as $492.4638 up to $770.4817. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while BlackRock's is 1.2892. 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 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.

Frequently asked questions

What percentage of BlackRock is owned by insiders or institutions?
Currently 1.025% of BlackRock shares are held by insiders and 86.443% by institutions.

How many people work for BlackRock?
Latest data suggests 19,500 work at BlackRock.

When does the fiscal year end for BlackRock?
BlackRock's fiscal year ends in December.

Where is BlackRock based?
BlackRock's address is: 55 East 52nd Street, New York, NY, United States, 10055

What is BlackRock's ISIN number?
BlackRock's international securities identification number is: US09247X1019

What is BlackRock's CUSIP number?
BlackRock's Committee on Uniform Securities Identification Procedures number is: 09247X101

How to buy Blackrock stock (2024)

FAQs

How do I buy BlackRock stock? ›

How to buy BlackRock Stocks & Shares to Invest in BLK Steps of buying BlackRock shares
  1. Step 1: Find a good online broker. ...
  2. Step 2: Open your brokerage account. ...
  3. Step 3: Deposit money to your account. ...
  4. Step 4: Buy the BlackRock share. ...
  5. Step 5: Review your BlackRock position regularly.

How much money do you need to invest with BlackRock? ›

The Automatic Investment Plan (“AIP”) allows you to invest in your BlackRock funds on a periodic basis for a minimum of $50 per fund.

Should you invest in BlackRock stock? ›

Great dividend

In fact, BlackRock has one of the best dividends in the market in terms of yield and consistency. It pays out a $5-per-share quarterly dividend at a yield of 3%, which is higher than the S&P 500 average of about 1.6%. Further, it has increased its dividend for 13 straight years.

How to invest in BlackRock ETF? ›

iShares ETFs can be bought and sold during normal trading hours through your broker or trading platform. To trade iShares ETFs, you can use any online, discount or full-service brokerage account. Your broker/dealer will likely charge their usual commissions or fees.

Can I buy BlackRock? ›

Can Indian Investors purchase shares of BlackRock, Inc.? Yes, Indian Investors can invest in the BlackRock, Inc.

Is BlackRock on Robinhood? ›

Sign up for a Robinhood brokerage account to buy or sell BlackRock stock and options commission-free. Other fees may apply. See Robinhood Financial's fee schedule to learn more.

How much does BlackRock pay per share? ›

BlackRock, Inc.'s ( BLK ) dividend yield is 2.85%, which means that for every $100 invested in the company's stock, investors would receive $2.85 in dividends per year. BlackRock, Inc.'s payout ratio is 61.24% which means that 61.24% of the company's earnings are paid out as dividends.

Which is better BlackRock or Fidelity? ›

BlackRock's brand is ranked #602 in the list of Global Top 1000 Brands, as rated by customers of BlackRock. Their current market cap is $108.30B. Fidelity Investments's brand is ranked #162 in the list of Global Top 1000 Brands, as rated by customers of Fidelity Investments.

Who is bigger Vanguard or BlackRock? ›

BlackRock had $5.53 trillion in index assets as of June 30, 2022, compared with $5.26 trillion for Vanguard, according to Pensions & Investments data.

What is the future price of BlackRock stock? ›

Stock Price Forecast

The 17 analysts offering 12-month price forecasts for BlackRock Inc have a median target of 760.00, with a high estimate of 920.00 and a low estimate of 542.00. The median estimate represents a +15.03% increase from the last price of 660.72.

Is BlackRock a buy or hold? ›

BlackRock currently has an average brokerage recommendation (ABR) of 1.50, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.50 approximates between Strong Buy and Buy.

Why are BlackRock stocks falling? ›

The company surpassed the consensus estimates in the fourth quarter of 2022, despite a 15% decrease in total revenues to $4.3 billion. The top line primarily suffered due to a drop in market valuations and the negative impact of foreign exchange movement, hurting the Assets under Management (AuM).

What is the minimum amount to buy an ETF? ›

What's the minimum investment? Because they trade like stocks, ETFs do not require a minimum initial investment and are purchased as whole shares. You can buy an ETF for the price of just one share, usually referred to as the ETF's "market price."

Do BlackRock ETFs pay dividends? ›

* As of 12/31/2021, BlackRock is one of the largest providers of dividend ETFs based on AUM and number of dividend ETFs which provide exposure to high dividend strategy or dividend growth strategy stocks.

What is the name of the BlackRock stock? ›

BLK - BlackRock, Inc.

Who invests in BlackRock? ›

Top 10 Owners of BlackRock Inc
StockholderStakeShares owned
The Vanguard Group, Inc.8.42%12,610,031
BlackRock Fund Advisors4.77%7,144,115
SSgA Funds Management, Inc.4.02%6,013,881
Temasek Holdings Pte Ltd. (Invest...3.40%5,092,825
6 more rows

What is BlackRock's net worth in 2023? ›

Interactive chart of historical net worth (market cap) for BlackRock (BLK) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. BlackRock net worth as of June 16, 2023 is $105.25B.

Which stocks does BlackRock own? ›

Top 50 BlackRock Holdings
StockCompany NameDate
MSFTMicrosoft Corp2023-03-31
AMZNAmazon Com Inc2023-03-31
NVDANvidia Corporation2023-03-31
GOOGLAlphabet Inc2023-03-31
49 more rows

Does BlackRock have a trading platform? ›

In addition, our technology teams have developed custom client reporting, operations and trading platforms that are used globally throughout our business to help ensure operational efficiency and transparency.

Does BlackRock have a brokerage? ›

BlackRock for brokerage. BlackRock offers a comprehensive platform of A-share funds available at $250K NAV, multi and single fund portfolios designed to seek specific outcomes, and solutions to help manage cash alongside your clients' long-term portfolios.

Who holds the most shares in BlackRock? ›

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don't have a meaningful investment in BlackRock. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc.

What is the last dividend for BlackRock? ›

Historical dividend payout and yield for BlackRock (BLK) since 2005. The current TTM dividend payout for BlackRock (BLK) as of June 21, 2023 is $20.00. The current dividend yield for BlackRock as of June 21, 2023 is 2.89%.

Which stock has the highest dividend? ›

No stock in the S&P 500 has a higher dividend yield than independent oil and gas company Pioneer Natural Resources (PXD).

Why is BlackRock better than Vanguard? ›

Because its investors essentially own the firm, it can provide most of its services at cost. If The Vanguard Group does make a profit, this money is returned to investors as dividends. BlackRock, on the other hand, is a publicly traded entity, so it prioritizes making money for its shareholders.

Which company is bigger than BlackRock? ›

Top 10 Largest Investment Companies in World 2022
RankCompanyAssets under Management (USD trillions)
1BlackRockUSD 7.43 trillion
2The Vanguard GroupUSD 6.2 trillion
3Charles Schwab CorporationUSD 3.3 trillion
4UBS GroupUSD 3.26 trillion
6 more rows
May 6, 2023

Does BlackRock own Vanguard? ›

Here is a list of the top companies that are stockholders in BlackRock and their stake percentages: The Vanguard Group, Inc. - 8.1%

Does BlackRock own Pfizer? ›

The three largest shareholders of Pfizer, J&J and Merck are Vanguard, SSGA and BlackRock, the multi-trillion dollar funds which make investments on behalf of their clients and keep a cut for their service.

Does BlackRock own Tesla? ›

Elon Musk now owns less stock in Tesla, the EV maker he founded, than America's "Big Three" passive-investing funds have, the Financial Times has reported. The combined holdings of the index fund industry's three giants — BlackRock, Vanguard and State Street — make up a 13.58% stake in Tesla, it found.

Why is BlackRock so powerful? ›

BlackRock is a top shareholder across a wide range of global industries that include oil and gas, technology, retail, big banks, healthcare, weapons manufacturing, and much more. All this makes BlackRock one of the most powerful corporate actors on the planet, whose influence touches every aspect of our daily lives.

Is BlackRock overvalued? ›

The intrinsic value of one BLK stock under the Base Case scenario is 652.67 USD. Compared to the current market price of 690.95 USD, BlackRock Inc is Overvalued by 6%.

How often does BlackRock pay dividends? ›

When does BlackRock pay dividends? BlackRock pays a dividend 4 times a year. Payment months are March, June, September, December. The dividend calendar shows you for more than 1,800 dividend stocks in which month which company distributes its dividends.

Is BlackRock a dividend? ›

Yes, BLK has paid a dividend within the past 12 months. How much is Blackrock's dividend? BLK pays a dividend of $5 per share. BLK's annual dividend yield is 2.87%.

What is the reputation of BlackRock? ›

BlackRock has an overall rating of 4.0 out of 5, based on over 5,330 reviews left anonymously by employees. 80% of employees would recommend working at BlackRock to a friend and 74% have a positive outlook for the business.

How strong is BlackRock? ›

BlackRock Inc. (BLK) is by some measures the biggest investment management company across the globe, with more than $10.0 trillion in assets under management (AUM) as of Dec.

Is BlackRock in debt? ›

BlackRock long term debt for 2022 was $12.419B, a 14.51% decline from 2021.

Will the stock market recover in 2023? ›

"In the first half of 2023, the S&P 500 is expected to re-test the lows of 2022, but a pivot from the Federal Reserve could drive an asset recovery later in the year, pushing the S&P 500 to 4,200 by year-end," the investment bank said in a research note.

Is BlackRock performing well? ›

For full-year 2022, revenue slid 8% year over year to $17.87 billion while net income attributable to BlackRock decreased 12% to $5.18 billion. The company delivered net inflows worth $146 billion for Q4 and $393 billion for the full year. Net inflow is the amount of money received by the company into its investments.

What happens if BlackRock goes bust? ›

The technical term for this is bankruptcy-remote. The ETF's are specifically designed so that they are legally separate from the company that manages and creates them. So if Blackrock goes under, the ETF's are legally separate and would be unaffected by the bankruptcy.

Who are the 7 owners of BlackRock? ›

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective.

What is the fastest growing investment fund? ›

During the year through August 31, 2022, the fastest growing investment fund (ETF) owned by the world's largest asset management company, BlackRock, was the iShares U.S. Oil & Gas Exploration & Production ETF. Over this time, the exchange traded fund (ETF) generated an annual return of 87.6 percent.

Is BlackRock better than JP Morgan? ›

Employee Ratings

J.P. Morgan scored higher in 6 areas: Diversity & Inclusion, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook. BlackRock scored higher in 2 areas: Work-life balance and Senior Management.

How much money do I need to invest to make $1000 a month? ›

Investment Required To Make $1,000 In Monthly Income

However, the exact investment required will vary for every investor. Therefore, your precise amount will depend on your specific investments and your return on those investments. Thus, the money required will range from $240,000 to $400,000.

Can I invest $1,000 in an ETF? ›

The Bottom Line. With many available options, investors can use $1000 to purchase ETFs, stocks, or bonds. Simply paying off outstanding debt may save money in interest payments over time and prove to be a wise investment.

Which is better Vanguard or Fidelity? ›

In fact, Fidelity is our overall pick for the best online broker in 2022, so it is very hard to beat. All that said, Vanguard still offers some of the lowest-cost funds in the industry and will appeal to buy-and-hold investors, retirement savers, and investors who want access to professional advice.

Can you live off ETF dividends? ›

For many retirees, dividend-paying stocks and ETFs provide income without a job. Often, they are for those who do not have time to monitor the market every second. They are suitable long-term investments since payouts are constant.

What ETF pays the highest dividend? ›

Top 100 Highest Dividend Yield ETFs
SymbolNameDividend Yield
HCOMHartford Schroders Commodity Strategy ETF40.09%
SARKAXS Short Innovation Daily ETF38.17%
HEWJiShares Currency Hedged MSCI Japan ETF37.04%
SDCIUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund35.37%
85 more rows

Do you pay taxes on ETF dividends? ›

The IRS taxes dividends and interest payments from ETFs just like income from the underlying stocks or bonds, with the income being reported on your 1099 statement. Profits on ETFs sold at a gain are taxed like the underlying stocks or bonds as well.

Is BlackRock publicly traded? ›

1 As a major publicly traded company with a market capitalization of about $112.3 billion, BlackRock provides investment and technology services to both institutional and retail clients around the world.

Is BlackRock a public stock? ›

1999. BlackRock makes its Initial Public Offering on the New York Stock Exchange on October 1st, for $14 a share.

Does BlackRock have individual investors? ›

BlackRock - Individual Investors. Welcome Financial Professionals! Thank you for visiting our Financial Professional site. We hope you find this a valuable tool to help you to grow your business.

What's the difference between Blackstone and BlackRock? ›

BlackRock and The Blackstone Group are often confused as they share similar names and origins. Founded in 1985, both companies fell under an umbrella company called Blackstone Financial Management, a mergers and acquisitions company. In 1988, BlackRock separated from the parent company and focused on risk management.

Who owns most of BlackRock stock? ›

BlackRock, Inc. (NYSE:BLK) is favoured by institutional owners who hold 82% of the company
  • Institutions' substantial holdings in BlackRock implies that they have significant influence over the company's share price.
  • A total of 23 investors have a majority stake in the company with 50% ownership.
  • Recent sales by insiders.
Mar 27, 2023

What company owns BlackRock? ›

Who owns BlackRock? BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

Who are the top 10 shareholders of BlackRock? ›

Top 10 Owners of BlackRock Inc
StockholderStakeShares owned
The Vanguard Group, Inc.8.42%12,610,031
BlackRock Fund Advisors4.77%7,144,115
SSgA Funds Management, Inc.4.02%6,013,881
Temasek Holdings Pte Ltd. (Invest...3.40%5,092,825
6 more rows

Does China own BlackRock? ›

Learn more about the subscription offers. Already a subscriber? New York-based BlackRock is the first foreign-owned company allowed by Beijing to operate a wholly-owned business in China's burgeoning mutual fund industry.

How many companies does BlackRock control? ›

In total, they both own/invested in 1,600 U.S. companies(Reuters:2022). BlackRock's secret weapon, an advanced trading algorithm called Aladdin(Asset, Liability, Debt and Derivative Investment Network) has been shaping global markets for decades.

Do BlackRock and Vanguard own everything? ›

BlackRock and Vanguard are the world's largest asset managers with a combined R309 trillion in assets under management (AUM), and they own stakes in most of the world's biggest businesses.

Is Blackstone the biggest company in the world? ›

Blackstone is the world's largest alternative asset manager, with $991B in AUM. We serve institutional and individual investors by building strong businesses that deliver lasting value.

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