NASDAQ:BLKB - Blackbaud Stock Price, News, & Analysis

Blackbaud trades on the NASDAQ under the ticker symbol "BLKB."

Blackbaud declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Tuesday, May 28th will be paid a dividend of $0.12 per share on Friday, June 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, May 24th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Tuesday, April, 30th. The technology company reported $0.28 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.28. The technology company had revenue of $215.83 million for the quarter, compared to the consensus estimate of $212.32 million. Blackbaud had a return on equity of 21.47% and a net margin of 3.02%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Blackbaud.

Blackbaud updated its FY19 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.22. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $890.21 million.

11 brokers have issued 12 month target prices for Blackbaud's stock. Their forecasts range from $75.00 to $116.00. On average, they expect Blackbaud's share price to reach $91.1667 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for Blackbaud.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 10 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

News articles about BLKB stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackbaud earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to Blackbaud include ANSYS (ANSS), SS&C Technologies (SSNC), Atlassian (TEAM), Symantec (SYMC), Paycom Software (PAYC), Citrix Systems (CTXS), Okta (OKTA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Temenos (TMNSF), Dropbox (DBX), The Ultimate Software Group (ULTI), Tableau Software (DATA), PTC (PTC), Docusign (DOCU) and UBISOFT ENTMT S/ADR (UBSFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), IPG Photonics (IPGP), Activision Blizzard (ATVI), Broadcom (AVGO), IHS Markit (INFO), Intel (INTC), Intuit (INTU), Mondelez International (MDLZ), Micron Technology (MU) and BIO-TECHNE (TECH).

Blackbaud's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.41%), Janus Henderson Group PLC (9.72%), Wellington Management Group LLP (9.34%), Champlain Investment Partners LLC (5.02%), Conestoga Capital Advisors LLC (2.08%) and JPMorgan Chase & Co. (1.98%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, Brian Boruff, George H Ellis, John J Mistretta, Jon W Olson, Joyce Nelson, Kevin W Mooney, Michael P Gianoni, Sarah E Nash and Timothy C K Chou. View Institutional Ownership Trends for Blackbaud.

BLKB stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, BlackRock Inc., SG Americas Securities LLC, Envestnet Asset Management Inc., Raymond James & Associates, California Public Employees Retirement System and Martingale Asset Management L P. Company insiders that have sold Blackbaud company stock in the last year include Andrew M Leitch, Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin W Mooney, Michael P Gianoni and Timothy C K Chou. View Insider Buying and Selling for Blackbaud.

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FMR LLC, Wellington Management Group LLP, Man Group plc, Dimensional Fund Advisors LP, Geode Capital Management LLC, Northern Trust Corp and Hodges Capital Management Inc.. View Insider Buying and Selling for Blackbaud.

Shares of BLKB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BLKB stock can currently be purchased for approximately $81.08.

Blackbaud has a market capitalization of $3.99 billion and generates $848.61 million in revenue each year. The technology company earns $44.84 million in net income (profit) each year or $1.87 on an earnings per share basis. Blackbaud employs 3,353 workers across the globe.

The official website for Blackbaud is http://www.blackbaud.com/.

Blackbaud's mailing address is 65 FAIRCHILD STREET, CHARLESTON SC, 29492. The technology company can be reached via phone at 843-216-6200 or via email at [email protected]