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

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

Blackbaud announced a quarterly dividend on Tuesday, October 30th. Shareholders of record on Wednesday, November 28th will be paid a dividend of $0.12 per share on Friday, December 14th. This represents a $0.48 annualized dividend and a yield of 0.75%. The ex-dividend date is Tuesday, November 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) posted its quarterly earnings results on Monday, October, 29th. The technology company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. The technology company earned $209.50 million during the quarter, compared to analyst estimates of $205.50 million. Blackbaud had a return on equity of 25.79% and a net margin of 7.84%. Blackbaud's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Blackbaud.

Blackbaud updated its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share guidance of $2.46-2.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.49. The company issued revenue guidance of $844-854 million, compared to the consensus revenue estimate of $847.71 million.Blackbaud also updated its FY 2018 guidance to $2.46-2.52 EPS.

11 brokerages have issued twelve-month price targets for Blackbaud's stock. Their predictions range from $82.00 to $116.00. On average, they expect Blackbaud's stock price to reach $93.3333 in the next year. This suggests a possible upside of 46.1% 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 coverage about BLKB stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. 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 news sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Blackbaud include Cadence Design Systems (CDNS), Temenos (TMNSF), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Tableau Software (DATA), PTC (PTC), Dropbox (DBX), Twilio (TWLO), Atlassian (TEAM), UBISOFT ENTMT S/ADR (UBSFY), Nutanix (NTNX), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Trend Micro (TMICY) and Paycom Software (PAYC).

Blackbaud's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.46%), Vanguard Group Inc. (9.25%), Vanguard Group Inc (9.25%), Atlanta Capital Management Co. L L C (8.82%), Janus Henderson Group PLC (7.19%) and Select Equity Group L.P. (3.98%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, Brian Boruff, Charles T Cumbaa, 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 Alliancebernstein L.P., Select Equity Group L.P., Brown Advisory Inc., Deutsche Bank AG, Macquarie Group Ltd., Dimensional Fund Advisors LP, Federated Investors Inc. PA and Morgan Stanley. Company insiders that have sold Blackbaud company stock in the last year include Andrew M Leitch, Anthony W Boor, Brian Boruff, 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 acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Conestoga Capital Advisors LLC, Vanguard Group Inc, Vanguard Group Inc., Marshall Wace LLP, BlackRock Inc., FIL Ltd and Atlanta Capital Management Co. L L C. 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 $63.87.

Blackbaud has a market capitalization of $3.10 billion and generates $788.31 million in revenue each year. The technology company earns $65.93 million in net income (profit) each year or $1.59 on an earnings per share basis. Blackbaud employs 3,182 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]