How to Buy Blackrock Stock
Blackrock Inc
Blackrock is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker BLK on the NYSE exchange.
Blackrock stock last closed at $563.92, down 3.67% from the previous day, and has decreased 34.17% in one year. It has underperformed other stocks in the Asset Management industry by 0.06 percentage points. Blackrock stock is currently +0.75% from its 52-week low of $559.70, and -42.05% from its 52-week high of $973.16.
At the moment, there are 150.77M shares of BLK outstanding. The market capitalization of BLK is $85.02B. In the past 24 hours, 877,299 BLK shares were traded.
How to Buy Blackrock Stock
Not sure how to invest in Blackrock stock? Here's how.
- Decide where to buy Blackrock stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Blackrock stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified. It's the best place to buy BLK stock.
- Put funds into your investment account: Choose your method of payment and add your information.
- Research Blackrock stock: The Blackrock ticker symbol is BLK. Is Blackrock stock a good investment? Should you buy shares of BLK? How do BLK's underlying business fundamentals look? Do top analysts think Blackrock is a good buy? Why has BLK's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if BLK is a good stock to buy).
- Make your BLK purchase: Decide if you will purchase BLK shares at the current market price or use a limit order to buy BLK stock at a particular price.
- Get notifications regarding your BLK position: Create a watchlist to important notifications about your new investment in Blackrock stock.
Step 1: Decide where to buy Blackrock stock
You need an online brokerage account to access the NYSE market and buy BLK stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Tech to Energy, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs, commodities, cryptos, and foreign currencies.
Get $10 towards your your purchase of BLK shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected it's time brokerage, selected to fill out some personal details so you can buy BLK stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal details to open your new brokerage account.
- Submit your data by hitting the "Create Account" button.
Step 3: Put funds into your investment account
Watch the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Research Blackrock stock
It's absolutely critical to research stocks before you invest, so you can understand the risk as well as the upside.
Overview of key BLK info
BLK Due Diligence Checks
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can view all of the due diligence checks on BLK's stock page.
What is the fair value of BLK stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BLK's intrinsic value.
Using relative valuations methods:
- BLK could be overvalued based on its P/E ratio of 14.67x, relative to Asset Management industry P/E ratio of 6.52x
- BLK could be overvalued based on its P/B ratio of 2.29x, relative to Asset Management industry P/B ratio of 1.83x
- BLK may be overvalued based on its PEG ratio of 25.71x
You can do additional valuation research on BLK's stock here.
BLK Financials at a glance
Positive Financial Indicators:
- BLK's operating cash flow of $4.91B allows it to safely service it's debt of $8.45B.
- Total BLK debt is lower than 5 years ago, relative to shareholder equity.
- BLK earnings of $7.66B is not sufficient to cover its interest payments.
Negative Financial Indicators:
- BLK profit margin has gone down from 30.4% to 30.1% in the past year.
- BLK has a relatively high debt to equity ratio of 2.36.
Is BLK stock a Buy, Hold, or Sell?
Out of 7 Equities analysts who track BLK, the consensus analyst rating on BLK is a Buy
Should I buy or sell BLK stock?
Based on 7 analysts offering ratings for Blackrock Inc.
Most Recent BLK Analyst Ratings
Brian Bedell, a bottom 8% analyst from Deutsche Bank maintains BLK with a strong buy rating and raises their BLK price target from $720.00 to $860.00, on Aug 12, 2022.
Michael Cyprys, a top 25% analyst from Morgan Stanley maintains BLK with a strong buy rating and lowers their BLK price target from $801.00 to $773.00, on Jul 27, 2022.
Kenneth Worthington, a bottom 11% analyst from JP Morgan maintains BLK with a strong buy rating and lowers their BLK price target from $902.00 to $729.00, on Jul 8, 2022.
An analyst from Goldman Sachs maintains BLK with a strong buy rating and lowers their BLK price target from $830.00 to $710.00, on Jun 29, 2022.
Michael Brown, a top 9% analyst from Keefe, Bruyette & Woods maintains BLK with a hold rating and lowers their BLK price target from $719.00 to $675.00, on Jun 29, 2022.
You can dig deeper into what analysts are saying on the Blackrock stock forecast page.
Metrics for Advanced BLK Traders
How are BLK Revenues/Earnings doing?
Last year, BLK earnings were $5.84B. Over the last five year, BLK's earnings have increased by 12.82% per year. This was faster than the Asset Management industry average of 11.08%.
Last year, BLK revenue was $19.38B. In the last 5 year, BLK's revenue has increased by 8.05% per year. This was slower than the Asset Management industry average of 25.16%.
You can research BLK's earnings and revenue performance here.
What are BLK executives and large shareholders up to?
In the last year, insiders at BLK have sold more shares than they have bought.
Mark McCombe, Senior Managing Director of BLK, was the latest BLK insider to sell. They sold $1,006,110.32 worth of BLK shares on Aug 18, 2022.
Get more info about who owns BLK stock here.
Can I rely on BLK as an income stream?
Blackrock pays a dividend of 3.33%, compared to the Asset Management industry's average dividend yield of 8.53%. If you owned $1,000 worth of BLK stock, you would have been paid $33.28 in the past 12 months.
Blackrock dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Blackrock dividend yield and history here.
What others are saying about BLK
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your BLK purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your BLK position
Now that you own some BLK shares, you'll want to keep up with your new investment.
Start a watchlist to keep track of your BLK stock.
BLK Feed
How to Buy Stock in Blackrock
To reiterate, here are the 6 steps to buy Blackrock stock:
- Decide where to buy Blackrock stock
- Create your brokerage account
- Put funds into your investment account
- Research Blackrock stock
- Make your BLK purchase
- Get notifications regarding your BLK position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Blackrock, add BLK to your watchlist by clicking the button below.
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