NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

$48.91

-4.18 (-7.87 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$48.50

Now: $48.91▼

$53.57

50-Day Range

$40.29

MA: $63.77▼

$82.12

52-Week Range

$38.22

Now: $48.91▼

$97.35

Volume369,884 shs

Average Volume439,220 shs

Market Capitalization$2.40 billion

P/E Ratio195.64

Dividend Yield0.90%

Beta1.29

Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, individual change agents, and other charitable giving entities. The company offers fundraising and relationship management solutions and services, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, everydayhero, Blackbaud Peer-to-Peer Fundraising, and Blackbaud Guided Fundraising; and marketing and engagement solutions, such as Blackbaud Luminate Online, Blackbaud Online Express, Blackbaud NetCommunity, Blackbaud Attentive.ly, and Blackbaud School Website System. It also provides Blackbaud Financial Edge NXT, Blackbaud Smart Tuition, and Blackbaud Smart Aid financial management solutions and services; and Blackbaud Grantmaking, Blackbaud Award Management, FIMS, and Blackbaud Outcomes grant and award management solutions. In addition, the company offers organizational and program management solutions and services comprising Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; and Blackbaud Employee Giving and Blackbaud Employee Volunteering, and YourCause corporate social responsibility solutions. Further, it provides Blackbaud's SKY Intelligence analytics solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services; and Blackbaud Merchant Services and Blackbaud Purchase Cards payment services. Additionally, the company offers customer support and maintenance, professional and managed, and training services. It has operations primarily in the United States, the United Kingdom, Canada, and Australia. The company was founded in 1981 and is headquartered in Charleston, South Carolina.

Beat the Market (BTM) Rank^™

2.9 Analyst's Opinion

Consensus Rating
Blackbaud has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $87.00, Blackbaud has a potential upside of 77.9% from its current price of $48.91.
Amount of Analyst Coverage
Blackbaud has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Blackbaud has received 371 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Blackbaud has received 428 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Blackbaud has received 53.57% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Blackbaud and other stocks. Vote “Outperform” if you believe BLKB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BLKB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Blackbaud is a leading dividend payer. It pays a dividend yield of 0.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Blackbaud does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Blackbaud is 37.80 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Blackbaud will have a dividend payout ratio of 37.80 % next year. This indicates that Blackbaud will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blackbaud insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $267,343.00 in company stock.
Percentage Held by Insiders
Only 1.56% of the stock of Blackbaud is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Blackbaud are expected to grow by 14.41% in the coming year, from $1.11 to $1.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Blackbaud is 195.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Blackbaud is 195.64, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 30.42.
Price to Earnings Growth Ratio
Blackbaud has a PEG Ratio of 11.02. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Blackbaud has a P/B Ratio of 6.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:BLKB

Previous Symbol

CUSIP09227Q10

CIK1280058

Webhttp://www.blackbaud.com/

Phone843-216-6200

Debt

Debt-to-Equity Ratio1.40

Current Ratio0.74

Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio195.64

Forward P/E Ratio44.06

P/E Growth11.02

Sales & Book Value

Annual Sales$900.42 million

Price / Sales2.67

Cash Flow$2.80 per share

Price / Cash Flow17.45

Book Value$8.07 per share

Price / Book6.06

Profitability

EPS (Most Recent Fiscal Year)$1.27

Net Income$11.91 million

Net Margins1.32%

Return on Equity16.12%

Return on Assets3.36%

Miscellaneous

Employees3,611

Outstanding Shares49,142,000

Market Cap$2.40 billion

Next Earnings Date5/5/2020 (Estimated)

OptionableOptionable

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Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

How has Blackbaud's stock been impacted by COVID-19 (Coronavirus)?

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BLKB shares have decreased by 20.0% and is now trading at $48.91. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Blackbaud?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Blackbaud.

When is Blackbaud's next earnings date?

Blackbaud is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Blackbaud.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings results on Monday, February, 10th. The technology company reported $0.51 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.01. The technology company earned $238.10 million during the quarter, compared to analyst estimates of $232.17 million. Blackbaud had a net margin of 1.32% and a return on equity of 16.12%. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. View Blackbaud's earnings history.

How often does Blackbaud pay dividends? What is the dividend yield for Blackbaud?

Blackbaud declared a quarterly dividend on Monday, February 10th. Stockholders of record on Friday, February 28th will be given a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, February 27th. View Blackbaud's dividend history.

What guidance has Blackbaud issued on next quarter's earnings?

Blackbaud updated its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share guidance of $2 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.26. The company issued revenue guidance of $937.77 million, compared to the consensus revenue estimate of 20-2.35.

What price target have analysts set for BLKB?

4 brokerages have issued 12-month target prices for Blackbaud's shares. Their forecasts range from $80.00 to $92.00. On average, they anticipate Blackbaud's share price to reach $87.00 in the next year. This suggests a possible upside of 77.9% from the stock's current price. View analysts' price targets for Blackbaud.

Has Blackbaud been receiving favorable news coverage?

News coverage about BLKB stock has trended very negative on Friday, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackbaud earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutBlackbaud.

Are investors shorting Blackbaud?

Blackbaud saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,340,000 shares, an increase of 5.9% from the February 13th total of 4,100,000 shares. Based on an average daily trading volume, of 310,300 shares, the days-to-cover ratio is presently 14.0 days. Currently, 9.0% of the shares of the stock are sold short. View Blackbaud's Current Options Chain.

Who are some of Blackbaud's key competitors?

Some companies that are related to Blackbaud include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE).

What other stocks do shareholders of Blackbaud own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Suncor Energy (SU), Broadcom (AVGO), Intel (INTC), IPG Photonics (IPGP), Marathon Petroleum (MPC), Philip Morris International (PM), AT&T (T), Verizon Communications (VZ) and Activision Blizzard (ATVI).

Who are Blackbaud's key executives?

Blackbaud's management team includes the following people:

Mr. Michael P. Gianoni, Pres, CEO & Director (Age 58)
Mr. Anthony W. Boor, Exec. VP of Fin. & Admin. and CFO (Age 56)
Mr. Jon W. Olson, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
Mr. Kevin W. Mooney, Exec. VP & Pres of Gen. Markets Group (Age 61)
Mr. Kevin P. Gregoire, Exec. VP & Pres of Enterprise Market Group (EMG) - North America (Age 51)

What is Blackbaud's stock symbol?

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

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $48.91.

How big of a company is Blackbaud?

Blackbaud has a market capitalization of $2.40 billion and generates $900.42 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $1.27 on an earnings per share basis. Blackbaud employs 3,611 workers across the globe. View additional information about Blackbaud.

What is Blackbaud's official website?

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

How can I contact Blackbaud?

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]

This page was last updated on 4/3/2020 by MarketBeat.com Staff

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NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

2.9 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment