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

Sign in or create an account to add this stock to your watchlist.
$76.56 +0.16 (+0.21 %)
(As of 02/22/2019 01:18 AM ET)
Previous Close$76.40
Today's Range$75.70 - $76.81
52-Week Range$58.23 - $120.35
Volume411,026 shs
Average Volume396,563 shs
Market Capitalization$3.72 billion
P/E Ratio40.94
Dividend Yield0.63%
Beta1.21
Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, corporations, education institutions, healthcare organizations, and other charitable giving entities primarily in the United States, Canada, the United Kingdom, and Australia. The company offers Raiser's Edge NXT and Blackbaud CRM (constituent relationship management), which are fundraising and relationship management solutions; Luminate CRM for campaign management, constituent relations, business intelligence, and analytics; eTapestry, a cloud fundraising and donor management solution; everydayhero, a cloud crowdfundraising solution; and JustGiving, a social platform for giving. It also provides solutions for Luminate Online that builds online fundraising campaigns; Blackbaud Online Express, a cloud fundraising and marketing tool; and Blackbaud NetCommunity, an online marketing and communications tool. In addition, the company offers Financial Edge NXT, a cloud accounting solution; GIFTS Online, a cloud solution; FIMS, a foundation management system; and Blackbaud Outcomes that empowers funders and nonprofits. Further, it provides onMessage, a content management system; onRecord, a new student information system; onCampus, a learning management system; onboard, an enrollment management system; Smart Tuition, a solution that helps administrative staff; Smart Aid, a proprietary hobbies, interest, and lifestyles profile; AcademicWorks, a scholarship management platform; and Altru, a cloud solution that helps arts and cultural organizations. Additionally, the company offers AngelPoints, an integrated corporate social responsibility solution; Blackbaud's Intelligence for Good, which combine artificial intelligence, analytics, big data, and expertise in cloud-based services and other channels; donor acquisition tools; prospect research engagements; and data enrichment and performance management solutions. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

Receive BLKB News and Ratings via Email

Sign-up to receive the latest news and ratings for BLKB and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:BLKB
CUSIP09227Q10
Phone843-216-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$848.61 million
Cash Flow$3.5071 per share
Book Value$7.70 per share

Profitability

Net Income$44.84 million

Miscellaneous

Employees3,182
Market Cap$3.72 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

What is Blackbaud's stock symbol?

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

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

Blackbaud announced a quarterly dividend on Thursday, February 7th. Stockholders of record on Wednesday, February 27th will be given a dividend of $0.12 per share on Friday, March 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Tuesday, February 26th. View Blackbaud's Dividend History.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) posted its earnings results on Wednesday, February, 6th. The technology company reported $0.46 EPS for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.10. The technology company had revenue of $221.79 million for the quarter, compared to analysts' expectations of $220.40 million. Blackbaud had a return on equity of 24.41% and a net margin of 5.28%. The firm's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $0.61 earnings per share. View Blackbaud's Earnings History.

When is Blackbaud's next earnings date?

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

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

Blackbaud updated its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus estimate of $2.34. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $891.45 million.Blackbaud also updated its FY 2019 guidance to $2.11-2.28 EPS.

What price target have analysts set for BLKB?

12 Wall Street analysts have issued 1 year target prices for Blackbaud's shares. Their predictions range from $65.00 to $116.00. On average, they anticipate Blackbaud's share price to reach $89.8571 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Blackbaud.

What is the consensus analysts' recommendation for Blackbaud?

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

Has Blackbaud been receiving favorable news coverage?

Media stories about BLKB stock have trended positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackbaud earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the near term.

Who are some of Blackbaud's key competitors?

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), Mcdonald's (MCD), IPG Photonics (IPGP), Micron Technology (MU), Constellation Brands (STZ), BIO-TECHNE (TECH), SOUTH32 LTD/S (SOUHY), Intel (INTC), Intuit (INTU) and Colgate-Palmolive (CL).

Who are Blackbaud's key executives?

Blackbaud's management team includes the folowing 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 (Age 55)
  • Mr. John J. Mistretta, Exec. VP of HR (Age 64)
  • Mr. Kevin W. Mooney, Exec. VP & Pres of Gen. Markets Group (Age 61)

Who are Blackbaud's major shareholders?

Blackbaud's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.60%), Atlanta Capital Management Co. L L C (9.55%), Conestoga Capital Advisors LLC (2.06%), Northern Trust Corp (1.72%), Bank of New York Mellon Corp (1.43%) and New York State Common Retirement Fund (1.29%). 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.

Which major investors are selling Blackbaud stock?

BLKB stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., GW&K Investment Management LLC, Northern Trust Corp, Eaton Vance Management, Barclays PLC, Martingale Asset Management L P, New York State Common Retirement Fund and MetLife Investment Advisors LLC. 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.

Which major investors are buying Blackbaud stock?

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Van ECK Associates Corp, Daiwa SB Investments Ltd., Conestoga Capital Advisors LLC, Bank of America Corp DE, Dimensional Fund Advisors LP, Bank of New York Mellon Corp and Two Sigma Investments LP. View Insider Buying and Selling for Blackbaud.

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, Scottrade, Fidelity and Charles Schwab.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $76.56.

How big of a company is Blackbaud?

Blackbaud has a market capitalization of $3.72 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 3,182 workers across the globe.

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]


MarketBeat Community Rating for Blackbaud (NASDAQ BLKB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  348 (Vote Underperform)
Total Votes:  625
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel