How To Buy Blackrock Stock

You can buy Blackrock shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Blackrock shares with a broker like Etoro or you can trade Blackrock CFDs with XTB you can begin trading Blackrock shares right away.

Broker XTB eToro Plus500 FXPrimus Admiral FP Markets
Rating
Used By 250,000+ 10,000+ 15,500+ 10,000+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Blackrock Stock. What you should know, Types of trading Blackrock Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Blackrock Stock Table of Contents

Blackrock Financial Details

Financial Details

Blackrock Stock symbol BLK
Blackrock Sector and Industry Financials Asset Management
Blackrock Exchange NYSE - New York Stock Exchange
52 Week High $547.35
52 Week Low $403.54
Blackrock Market Capitalisation $82,360,951,115.00
Blackrock Average Volume 543,709.00
Blackrock PE 18.69
Blackrock EPS 28.43
Stock Currency USD

Overview of Blackrock

BlackRock, Inc. provides investment management services to institutional clients and to retail investors through various investment vehicles. The Company manages funds, as well as offers risk management services. BlackRock serves governments, companies, and foundations worldwide.

Blackrock is an American Financials Asset Management company currently traded on the New York Stock Exchange (NYSE).

Blackrock trades under the stock symbol BLK on the NYSE.

Blackrock shares are traded in USD.

Blackrock has a current share price of $530.79 USD dated 31/01/2020.

The highest Blackrock share price over the last 52 weeks was $547.35 USD and its lowest price over the last 52 weeks was $403.54 USD. That is a 52 week price range of $403.54 - $547.35.

Blackrock Trading Volume and PE

Blackrock currently has 155,199,000.00 active shares in circulation traded through the NYSE exchange.

Blackrock market capitalization is $82,360,951,115.00 with an average daily trading volume of 543,709.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Blackrock has a Price Earning Ratio ( PE ) of 18.69 and earning per share ( EPS ) of 28.43. Generally speaking Blackrock having a high P/E ratio means that Blackrock investors forsee increased growth with Blackrock in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Blackrock earnings per share is Disney company profit that's allocated to every Blackrock common stock. Earnings per share is calculated by taking the difference between Blackrock's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Blackrock shares outstanding.

Blackrock Financial Charts

Financial Details

Blackrock Information

Blackrock Location & Contact Information

Address 55 East 52nd Street New York, NY 10055 United States
Phone Number 1-212-810-5300
Website URL www.blackrock.com

Blackrock Executives and Board Members

Chairman/CEO/Co-Founder Laurence Douglas Fink
President/Co-Founder Robert Steven Kapito Rob
Vice Chairman Robert William Fairbairn
Blackrock Board Member Laurence Douglas Fink
Blackrock Board Member Murry S Gerber
Blackrock Board Member Ivan G Seidenberg

How To Buy Blackrock Stock Guide

Buying Blackrock Stocks and CFDs

When investing in Blackrock you have several options as to what type of investment you wish to conduct. You can buy traditional Blackrock shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Blackrock shares with stock brokers and trading Blackrock with CFDs below.

Blackrock CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Blackrock stock.

If you buy Blackrock shares with a stock broker you actually own a share of Blackrock. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Blackrock price will change up or down.

Lets explain why you would buy Blackrock as a CFD instead of as a share.

If you went and brought 100 Blackrock shares at $100 a share with a stock broker you own $1000 of Blackrock.

The main difference when trading Blackrock as a CFD and buying Blackrock as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Blackrock you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Blackrock. Trading an Blackrock CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Blackrock CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Blackrock share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the Blackrock share price. An Blackrock CFD long would be hoping to profit from a rise in the Blackrock share price. An Blackrock CFD short would be aiming to profit from a fall in the Blackrock stock price. Trading CFDs allows traders to profit from both directions of the Blackrock price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Blackrock shares you can only profit from a rise in the Blackrock stock price.

Blackrock CFD and Stock Market Times

When trading in traditional Blackrock shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Blackrock Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Blackrock stock. This limits your risk to your initial amount invested in Blackrock. You can only lose the amount invested with traditional Blackrock shares. Another benefit of buying Blackrock shares with a broker is that you may be eligible to receive Blackrock company dividends if applicable.

If you Invest in Blackrock via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Blackrock. If you buy Blackrock stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Blackrock benefits as in owning a certain amount of stock for a set period.

If you own shares in Blackrock you may be eligible to voting rights at Blackrock shareholder general meetings.

Blackrock Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Blackrock Stocks and shares are only exempt from tax if the Blackrock shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Blackrock Stocks and Shares or Blackrock CFDs?

There are pros and cons to trading in both Blackrock Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Blackrock stocks and shares is better suited for long term investments. Historically Blackrock shares provide better returns over the long term, usually a 10 year period.

Blackrock CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Blackrock share investors aim to profit on the fluctuating highs and lows of the Blackrock price throughout the day. Day trading as you can imagine focuses on profiting from the daily Blackrock stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Blackrock stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Blackrock share price for example to a known amount.

Example Cost of Buying Blackrock as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Blackrock CFD trade example Blackrock Share deal example
Market price $530.79 $530.79
Broker Deal Invest $106.158 at 1:5 Margin (20%) Buy at $530.79 a share
Deal size 100 shares 100 shares
Initial outlay

$10615.8

(Margin = exposure x 20% margin factor)

$53079

(100 shares at $530.79)
Stamp duty No £20
Close price Sell at $636.948 Sell at $636.948
Estimated Profit

(106.158 point increase x 100 shares = $10615.8)

*Not including commission fees and taxes

($63694.8 - $53079 = $10615.8)

*Not including commission fees and taxes
Trade Blackrock CFDs now with XTB Trade Blackrock Shares now with Etoro

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Our brokerage comparison table below allows you to compare the below features for brokers offering Blackrock shares and CFDs.

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