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How to buy BlackRock stock in Canada | $907.26

Own BlackRock shares in just a few minutes.

BlackRock Inc
NYSE: BLK - USD
ASSET MANAGEMENT
$907.26
+ $14.75 ( + 1.65%)

BlackRock Inc 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 16,900 staff and has a trailing 12-month revenue of around USD$18.1 billion.

How to buy shares in BlackRock

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – BLK – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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.

How has Coronavirus impacted BlackRock's stock price?

Since the stock market crash in March caused by coronavirus, BlackRock's stock price has had significant positive movement.

Its last market close was $907.26, which is 38.61% up on its pre-crash value of $557 and 180.04% up on the lowest point reached during the March crash when the stocks fell as low as $323.98.

If you had bought $1,000 worth of BlackRock stocks at the start of February 2020, those stocks would have been worth $618.82 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,714.72.

BlackRock stock price

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

BlackRock shares at a glance

Information last updated 2021-10-16.
Latest market close$907.26
52-week range$576.26 - $955.72
50-day moving average $884.87
200-day moving average $867.42
Wall St. target price$976.09
PE ratio 25.502
Dividend yield $15.52 (1.74%)
Earnings per share (TTM) $35.58

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Note: The dollar amounts in the table below are in Canadian dollars.

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BlackRock price performance over time

Historical closes compared with the close of $907.26 from 2021-10-15

1 week (2021-10-08) 7.44%
1 month (2021-09-17) 3.49%
3 months (2021-07-16) 3.68%
6 months (2021-04-16) 11.81%
1 year (2020-10-16) 38.01%
2 years (2019-10-17) 101.31%
3 years (2018-10-17) 120.29%
5 years (2016-10-17) 155.85%

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 26x. In other words, BlackRock shares trade at around 26x 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 2.5408. 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 $7.5 billion.

The EBITDA is a measure of a BlackRock's overall financial performance and is widely used to measure a its profitability.

BlackRock financials

Revenue TTM $18.1 billion
Operating margin TTM 39.29%
Gross profit TTM $8.3 billion
Return on assets TTM 2.65%
Return on equity TTM 16.78%
Profit margin 30.39%
Book value $236.59
Market capitalisation $137.9 billion

TTM: trailing 12 months

Shorting BlackRock shares

There are currently 1.7 million BlackRock shares held short by investors – that's known as BlackRock's "short interest". This figure is 16.7% up from 1.5 million last month.

There are a few different ways that this level of interest in shorting BlackRock shares can be evaluated.

BlackRock's "short interest ratio" (SIR)

BlackRock's "short interest ratio" (SIR) is the quantity of BlackRock shares currently shorted divided by the average quantity of BlackRock shares traded daily (recently around 514417.75147929). BlackRock's SIR currently stands at 3.38. In other words for every 100,000 BlackRock shares traded daily on the market, roughly 3380 shares are currently held short.

However BlackRock's short interest can also be evaluated against the total number of BlackRock shares, or, against the total number of tradable BlackRock shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case BlackRock's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 BlackRock shares in existence, roughly 10 shares are currently held short) or 0.0122% of the tradable shares (for every 100,000 tradable BlackRock shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against BlackRock.

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 01/01/2019) 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.

BlackRock share dividends

33%

Dividend payout ratio: 33.27% of net profits

Recently BlackRock has paid out, on average, around 33.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.82% 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 1.82% return on their shares, in the form of dividend payments. In BlackRock's case, that would currently equate to about $15.52 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 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 September 2021 (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 $576.2649 up to $955.72. A popular way to gauge a stock's volatility is its "beta".

BLK.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

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 1.1947. This would suggest that BlackRock's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly 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

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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