NASDAQ:BLKB - Blackbaud Stock Price, Forecast & News

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

Blackbaud declared a quarterly dividend on Monday, October 28th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.12 per share on Friday, December 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Tuesday, November 26th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings data on Monday, October, 28th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.06. The technology company had revenue of $221.10 million for the quarter, compared to analysts' expectations of $219.36 million. Blackbaud had a return on equity of 18.97% and a net margin of 2.25%. The company's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 earnings per share. View Blackbaud's Earnings History.

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

Blackbaud issued an update on its FY19 earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.22. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $895.71 million.

3 equities research analysts have issued twelve-month price targets for Blackbaud's stock. Their forecasts range from $80.00 to $92.00. On average, they expect Blackbaud's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for Blackbaud.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

Headlines about BLKB stock have trended positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, 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 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 immediate future. View News Stories for Blackbaud.

Blackbaud saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,040,000 shares, an increase of 7.2% from the December 15th total of 3,770,000 shares. Based on an average daily trading volume, of 222,400 shares, the days-to-cover ratio is presently 18.2 days. Approximately 8.3% of the company's shares are sold short. View Blackbaud's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Broadcom (AVGO), IPG Photonics (IPGP), Baidu (BIDU), CalAmp (CAMP), Intel (INTC), Mondelez International (MDLZ), Middleby (MIDD), PepsiCo (PEP) and Dave & Buster's Entertainment (PLAY).

Blackbaud's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Diversified Trust Co (0.02%), State of Alaska Department of Revenue (0.02%) and OLD National Bancorp IN (0.01%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, Brian Boruff, 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 State of Alaska Department of Revenue and OLD National Bancorp IN. Company insiders that have sold Blackbaud company stock in the last year include 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 Insider Buying and Selling for Blackbaud.

BLKB stock was bought by a variety of institutional investors in the last quarter, including Diversified Trust Co. 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 $82.09.

Blackbaud has a market capitalization of $4.04 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 3,353 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]