NASDAQ:BLKB - Blackbaud Stock Price, Forecast & News

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

Blackbaud announced a quarterly dividend on Monday, February 10th. Investors of record on Friday, February 28th will be paid a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 annualized dividend and a yield of 0.64%. The ex-dividend date is Thursday, February 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its quarterly earnings data on Monday, February, 10th. The technology company reported $0.51 EPS for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.01. The technology company had revenue of $238.10 million for the quarter, compared to analyst estimates of $232.17 million. Blackbaud had a return on equity of 16.12% and a net margin of 1.32%. The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Blackbaud.

Blackbaud issued an update on its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) 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.

4 brokerages have issued 1 year price objectives for Blackbaud's stock. Their forecasts range from $80.00 to $92.00. On average, they anticipate Blackbaud's stock price to reach $87.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for 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.

News coverage about BLKB stock has trended very negative recently, according to InfoTrie. The research firm rates 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 nearest to five being the most favorable. Blackbaud earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Blackbaud.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Suncor Energy (SU), Broadcom (AVGO), IPG Photonics (IPGP), Marathon Petroleum (MPC), Philip Morris International (PM), Baidu (BIDU), CalAmp (CAMP), Intel (INTC) and Mondelez International (MDLZ).

Blackbaud's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (9.49%), Champlain Investment Partners LLC (5.29%), State Street Corp (3.15%), Fred Alger Management LLC (2.09%), Conestoga Capital Advisors LLC (2.07%) and FMR LLC (1.97%). 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 Janus Henderson Group PLC, Sei Investments Co., AXA, AlphaCrest Capital Management LLC, Conestoga Capital Advisors LLC, Goldman Sachs Group Inc., New York State Common Retirement Fund and Fred Alger Management LLC. Company insiders that have sold Blackbaud company stock in the last year include Anthony W Boor, George H Ellis, Joyce Nelson, Kevin W Mooney, Michael P Gianoni, Sarah E Nash and Timothy C K Chou. View Insider Buying and Selling for Blackbaud.

BLKB stock was acquired by a variety of institutional investors in the last quarter, including Echo Street Capital Management LLC, FMR LLC, Van ECK Associates Corp, Bank of America Corp DE, UBS Group AG, Man Group plc, Renaissance Technologies LLC and Eagle Asset 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, Robinhood, Fidelity and Charles Schwab.

One share of BLKB stock can currently be purchased for approximately $75.58.

Blackbaud has a market capitalization of $3.71 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 3,353 workers across the globe.View Additional Information About Blackbaud.

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]