NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BLKB stock has decreased by 8.0% and is now trading at $56.24. View which stocks have been most impacted by Coronavirus.

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

Blackbaud is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Blackbaud.

Blackbaud, Inc. (NASDAQ:BLKB) released its earnings results on Tuesday, May, 5th. The technology company reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.05. The technology company had revenue of $223.62 million for the quarter, compared to the consensus estimate of $221.97 million. Blackbaud had a return on equity of 15.99% and a net margin of 1.95%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.51 earnings per share. View Blackbaud's earnings history.

Blackbaud declared a quarterly dividend on Monday, February 10th. Shareholders 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 dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, February 27th. View Blackbaud's dividend history.

5 brokerages have issued 12-month price targets for Blackbaud's shares. Their forecasts range from $50.00 to $92.00. On average, they expect Blackbaud's stock price to reach $74.00 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View analysts' price targets for Blackbaud.

Media coverage about BLKB stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media 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 -1.5 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Blackbaud.

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

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

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

Blackbaud's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.06%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, George H Ellis, 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 Envestnet Asset Management Inc.. Company insiders that have sold Blackbaud company stock in the last year include Anthony W Boor, George H Ellis, Joyce Nelson, Michael P Gianoni, and Sarah E Nash. View insider buying and selling activity for Blackbaud.

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of BLKB stock can currently be purchased for approximately $56.24.

Blackbaud has a market capitalization of $2.79 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.

The official website for Blackbaud is 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]