Blackbaud Stock Price, News & Analysis (NASDAQ:BLKB)

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

Blackbaud announced a quarterly dividend on Tuesday, July 30th. Investors of record on Wednesday, August 28th will be paid a dividend of $0.12 per share on Friday, September 13th. This represents a $0.48 annualized dividend and a yield of 0.53%. The ex-dividend date is Tuesday, August 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Tuesday, July, 30th. The technology company reported $0.66 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.37. The technology company earned $226.40 million during the quarter, compared to the consensus estimate of $223.53 million. Blackbaud had a net margin of 3.04% and a return on equity of 20.51%. The firm's revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Blackbaud.

Blackbaud will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Blackbaud issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus estimate of $2.19. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $893.73 million.

3 equities research analysts have issued 12 month price objectives for Blackbaud's stock. Their predictions range from $80.00 to $89.00. On average, they anticipate Blackbaud's share price to reach $85.00 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. 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.

News headlines about BLKB stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackbaud earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Blackbaud.

Some companies that are related to Blackbaud include Check Point Software Technologies (CHKP), Twilio (TWLO), Atlassian (TEAM), Tableau Software (DATA), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Okta (OKTA), Citrix Systems (CTXS), SS&C Technologies (SSNC), Paycom Software (PAYC), Crowdstrike (CRWD), Docusign (DOCU), Temenos (TMNSF), The Ultimate Software Group (ULTI) and Tyler Technologies (TYL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), IPG Photonics (IPGP), Activision Blizzard (ATVI), Broadcom (AVGO), Intel (INTC), Intuit (INTU), Mondelez International (MDLZ), Micron Technology (MU), BIO-TECHNE (TECH) and Sothebys (BID).

Blackbaud's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Pacer Advisors Inc. (0.04%), CIBC Private Wealth Group LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Diversified Trust Co (0.02%). 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 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 CIBC Private Wealth Group LLC, Pacer Advisors Inc. and Diversified Trust Co. 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 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 Envestnet Asset Management Inc. and State of Alaska Department of Revenue. 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 $89.84.

Blackbaud has a market capitalization of $4.42 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]