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How to buy BlackRock (BLK) shares in Australia

Learn how to easily invest in BlackRock shares.

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BlackRock Inc (BLK) is a leading asset management business with stocks listed in the US. It opened the day at US$606.86 after a previous close of US$617.96. During the day the price has varied from a low of USD596.32 to a high of USD615.84. The latest price was USD609.04 (25 minute delay). BlackRock is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in BlackRock

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for BlackRock. Find the share by name or ticker symbol: BLK. Research its history to confirm it's a solid investment against your financial goals.
  4. 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 at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$617.96, 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.
  6. 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 on directors and management that can affect your stock.

BlackRock stock price (NYSE:BLK)

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

BlackRock shares at a glance

Information last updated 2022-06-30.
OpenUS$606.86
HighUS$615.84
LowUS$596.32
CloseUS$609.04
Previous closeUS$617.96
Change US$-8.92
Change % -1.4435%
Volume 695,215
Information last updated 2022-06-24.
52-week rangeUS$575.6 - US$955.4437
50-day moving average US$639.1068
200-day moving average US$795.3223
Target priceUS$799.4
PE ratio 15.6962
Dividend yield US$17.27 (3.12%)
Earnings per share (TTM) US$39.8

Compare trading apps to buy BlackRock shares

1 - 8 of 8
Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, US shares, UK shares, ETFs, and more
For the months of July and August, trade Aussie shares from $2.50 and international shares from $0. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Exclusive
Tiger Brokers
US$1.99
N/A
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
$0
0.60%
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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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.

BlackRock share growth calculator

US$

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 $609.04

1 week (2022-06-24) -5.98%
1 month (2022-06-01) -7.79%
6 months (2021-12-31) -33.48%
1 year (2021-07-01) -30.73%
2 years (2020-07-01) 11.89%
3 years (2019-07-01) 28.78%
5 years (2017-06-30) 44.18%

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 16x. In other words, BlackRock shares trade at around 16x 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 2.0106. 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$8.1 billion (£6.7 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 US$19.7 billion
Operating margin TTM 39.14%
Gross profit TTM US$9.8 billion
Return on assets TTM 3.04%
Return on equity TTM 16.42%
Profit margin 31.2%
Book value 247.084
Market capitalisation US$94.6 billion

TTM: trailing 12 months

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.

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 share dividends

44%

Dividend payout ratio: 44.04% of net profits

Recently BlackRock has paid out, on average, around 44.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.12% 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 3.12% return on their shares, in the form of dividend payments. In BlackRock's case, that would currently equate to about $17.27 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 23 June 2022. The latest dividend was paid out to all shareholders who bought their shares by 3 June 2022 (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 US$575.6 up to US$955.4437. A popular way to gauge a stock's volatility is its "beta".

BLK.US volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while BlackRock's is 1.2813. 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. 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

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