S&P 500   4,297.50 (+0.41%)
DOW   33,924.81 (+0.49%)
QQQ   332.74 (+0.71%)
AAPL   173.03 (+0.54%)
MSFT   293.85 (+0.66%)
META   181.04 (+0.30%)
GOOGL   122.07 (+0.32%)
AMZN   143.05 (-0.35%)
TSLA   931.76 (+3.52%)
NVDA   188.06 (+0.52%)
NIO   21.31 (+0.95%)
BABA   93.95 (-0.87%)
AMD   100.65 (-0.18%)
MU   64.64 (-0.62%)
T   18.45 (+0.99%)
CGC   3.87 (+17.27%)
GE   79.75 (-0.23%)
F   16.37 (+1.17%)
DIS   124.56 (+2.46%)
AMC   23.43 (-4.13%)
PYPL   101.60 (+0.49%)
PFE   49.64 (-0.94%)
NFLX   248.62 (-0.27%)
S&P 500   4,297.50 (+0.41%)
DOW   33,924.81 (+0.49%)
QQQ   332.74 (+0.71%)
AAPL   173.03 (+0.54%)
MSFT   293.85 (+0.66%)
META   181.04 (+0.30%)
GOOGL   122.07 (+0.32%)
AMZN   143.05 (-0.35%)
TSLA   931.76 (+3.52%)
NVDA   188.06 (+0.52%)
NIO   21.31 (+0.95%)
BABA   93.95 (-0.87%)
AMD   100.65 (-0.18%)
MU   64.64 (-0.62%)
T   18.45 (+0.99%)
CGC   3.87 (+17.27%)
GE   79.75 (-0.23%)
F   16.37 (+1.17%)
DIS   124.56 (+2.46%)
AMC   23.43 (-4.13%)
PYPL   101.60 (+0.49%)
PFE   49.64 (-0.94%)
NFLX   248.62 (-0.27%)
S&P 500   4,297.50 (+0.41%)
DOW   33,924.81 (+0.49%)
QQQ   332.74 (+0.71%)
AAPL   173.03 (+0.54%)
MSFT   293.85 (+0.66%)
META   181.04 (+0.30%)
GOOGL   122.07 (+0.32%)
AMZN   143.05 (-0.35%)
TSLA   931.76 (+3.52%)
NVDA   188.06 (+0.52%)
NIO   21.31 (+0.95%)
BABA   93.95 (-0.87%)
AMD   100.65 (-0.18%)
MU   64.64 (-0.62%)
T   18.45 (+0.99%)
CGC   3.87 (+17.27%)
GE   79.75 (-0.23%)
F   16.37 (+1.17%)
DIS   124.56 (+2.46%)
AMC   23.43 (-4.13%)
PYPL   101.60 (+0.49%)
PFE   49.64 (-0.94%)
NFLX   248.62 (-0.27%)
S&P 500   4,297.50 (+0.41%)
DOW   33,924.81 (+0.49%)
QQQ   332.74 (+0.71%)
AAPL   173.03 (+0.54%)
MSFT   293.85 (+0.66%)
META   181.04 (+0.30%)
GOOGL   122.07 (+0.32%)
AMZN   143.05 (-0.35%)
TSLA   931.76 (+3.52%)
NVDA   188.06 (+0.52%)
NIO   21.31 (+0.95%)
BABA   93.95 (-0.87%)
AMD   100.65 (-0.18%)
MU   64.64 (-0.62%)
T   18.45 (+0.99%)
CGC   3.87 (+17.27%)
GE   79.75 (-0.23%)
F   16.37 (+1.17%)
DIS   124.56 (+2.46%)
AMC   23.43 (-4.13%)
PYPL   101.60 (+0.49%)
PFE   49.64 (-0.94%)
NFLX   248.62 (-0.27%)
NASDAQ:BLKB

Blackbaud - BLKB Stock Forecast, Price & News

$57.33
-0.14 (-0.24%)
(As of 08/15/2022 02:35 PM ET)
Add
Compare
Today's Range
$56.76
$57.96
50-Day Range
$53.45
$64.36
52-Week Range
$48.52
$86.96
Volume
15,834 shs
Average Volume
363,392 shs
Market Capitalization
$3.04 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$70.00

Blackbaud MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.6% Upside
$70.00 Price Target
Short Interest
Healthy
4.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.20
Upright™ Environmental Score
News Sentiment
0.49mentions of Blackbaud in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$939,526 Sold Last Quarter
Proj. Earnings Growth
45.33%
From $0.75 to $1.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Computer And Technology Sector

365th out of 668 stocks

Prepackaged Software Industry

127th out of 230 stocks

BLKB stock logo

About Blackbaud (NASDAQ:BLKB) Stock

Blackbaud, Inc. provides cloud software solutions to higher education institutions, K-12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions, such as Blackbaud Raiser's Edge NXT and Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, JustGiving, and Blackbaud Guided Fundraising and Blackbaud Volunteer Network Fundraising; marketing and engagement solutions, including Blackbaud Luminate Online, Blackbaud Online Express, and Blackbaud School Website System; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management. It also provides grant and award management solutions, consisting of Blackbaud Grantmaking and Blackbaud Award Management; organizational and program management, such as Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; social responsibility solutions, which includes YourCause GrantsConnect and YourCause CSRconnect; Blackbaud Merchant Services and Blackbaud Purchase Cards payment services; and Blackbaud's Intelligence for Good solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services. It sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

Blackbaud Stock Up 0.5 %

Shares of Blackbaud stock traded up $0.27 on Friday, hitting $57.47. 211,060 shares of the company traded hands, compared to its average volume of 233,430. The company has a 50-day moving average price of $57.91 and a 200 day moving average price of $59.51. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.28. Blackbaud has a 12-month low of $48.52 and a 12-month high of $86.96. The company has a market cap of $3.05 billion, a PE ratio of -198.17, a PEG ratio of 13.49 and a beta of 0.98.

Blackbaud (NASDAQ:BLKB - Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. Blackbaud had a negative net margin of 1.47% and a positive return on equity of 8.04%. During the same quarter in the previous year, the company posted $0.32 EPS. Sell-side analysts predict that Blackbaud will post 0.75 earnings per share for the current year.

Insider Buying and Selling

In related news, Director George H. Ellis sold 1,500 shares of the company's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $56.18, for a total value of $84,270.00. Following the completion of the sale, the director now directly owns 11,456 shares in the company, valued at $643,598.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, COO Kevin P. Gregoire sold 1,800 shares of the company's stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $57.10, for a total value of $102,780.00. Following the completion of the sale, the chief operating officer now directly owns 98,381 shares in the company, valued at $5,617,555.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George H. Ellis sold 1,500 shares of the company's stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $56.18, for a total transaction of $84,270.00. Following the completion of the sale, the director now owns 11,456 shares of the company's stock, valued at $643,598.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,088 shares of company stock worth $939,526. Corporate insiders own 1.70% of the company's stock.

Receive BLKB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Blackbaud and its competitors with MarketBeat's FREE daily newsletter.

BLKB Stock News Headlines

Blackbaud (BLKB) Surpasses Q2 Earnings Estimates
Blackbaud Announces 2022 Second Quarter Results
Blackbaud Q2 2022 Earnings Preview - Seeking Alpha
Blackbaud (BLKB) Set to Announce Earnings on Tuesday
Blackbaud Announces Executive Leadership Updates
Blackbaud Names Chris Singh Chief Customer Officer
See More Headlines
Receive BLKB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Blackbaud and its competitors with MarketBeat's FREE daily newsletter.

BLKB Company Calendar

Last Earnings
8/02/2022
Today
8/15/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:BLKB
CUSIP
09227Q10
Employees
3,600
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$70.00
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+22.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$5.70 million
Pretax Margin
-2.01%

Debt

Sales & Book Value

Annual Sales
$927.74 million
Cash Flow
$2.60 per share
Book Value
$13.79 per share

Miscellaneous

Free Float
52,128,000
Market Cap
$3.04 billion
Optionable
Optionable
Beta
0.99

Social Links















BLKB Stock - Frequently Asked Questions

Should I buy or sell Blackbaud stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLKB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLKB, but not buy additional shares or sell existing shares.
View BLKB analyst ratings
or view top-rated stocks.

What is Blackbaud's stock price forecast for 2022?

1 brokers have issued 1-year target prices for Blackbaud's stock. Their BLKB share price forecasts range from $70.00 to $70.00. On average, they predict the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for BLKB
or view top-rated stocks among Wall Street analysts.

How have BLKB shares performed in 2022?

Blackbaud's stock was trading at $78.98 on January 1st, 2022. Since then, BLKB shares have decreased by 27.2% and is now trading at $57.47.
View the best growth stocks for 2022 here
.

When is Blackbaud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our BLKB earnings forecast
.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Tuesday, August, 2nd. The technology company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.06. Blackbaud had a negative net margin of 1.47% and a positive trailing twelve-month return on equity of 8.04%. During the same period in the previous year, the business posted $0.32 EPS.

What guidance has Blackbaud issued on next quarter's earnings?

Blackbaud issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $2.43-$2.63 for the period, compared to the consensus estimate of $2.70. The company issued revenue guidance of $1.05 billion-$1.07 billion, compared to the consensus revenue estimate of $1.09 billion.

What is Michael Gianoni's approval rating as Blackbaud's CEO?

599 employees have rated Blackbaud Chief Executive Officer Michael Gianoni on Glassdoor.com. Michael Gianoni has an approval rating of 82% among the company's employees. 74.0% of employees surveyed would recommend working at Blackbaud to a friend.

What other stocks do shareholders of Blackbaud own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Intel (INTC), Suncor Energy (SU), Broadcom (AVGO), Bank of America (BAC), Baidu (BIDU), Fortinet (FTNT), IPG Photonics (IPGP), McDonald's (MCD) and Marathon Petroleum (MPC).

What is Blackbaud's stock symbol?

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

Who are Blackbaud's major shareholders?

Blackbaud's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (3.72%), Van ECK Associates Corp (3.19%), Van Berkom & Associates Inc. (1.87%), Northern Trust Corp (1.33%), Geneva Capital Management LLC (1.28%) and Becker Capital Management Inc. (0.66%). Insiders that own company stock include Andrew Brannan, Andrew M Leitch, Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, Kevin W Mooney, Michael P Gianoni and Sarah E Nash.
View institutional ownership trends
.

How do I buy shares of Blackbaud?

Shares of BLKB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $57.47.

How much money does Blackbaud make?

Blackbaud (NASDAQ:BLKB) has a market capitalization of $3.05 billion and generates $927.74 million in revenue each year. The technology company earns $5.70 million in net income (profit) each year or ($0.29) on an earnings per share basis.

How many employees does Blackbaud have?

The company employs 3,600 workers across the globe.

Does Blackbaud have any subsidiaries?

The following companies are subsidiares of Blackbaud: ACN 161 644 328 Pty. Ltd., AcademicWorks, Attentive.ly, BB Real Property Development LLC, BBHQ1 LLC, Blackbaud Asia Ltd., Blackbaud Canada Inc., Blackbaud Europe Ltd., Blackbaud Global Ltd., Blackbaud Latin America S.R.L., Blackbaud Pacific Pty. Ltd., Campagne Associates Ltd., Click 4 Compliance LLC, Convio Inc, EVERFI International Ltd., EVERFI Middle East Ltd., Ed Comms Pty Ltd., Educational Communications Ltd., EverFi Canada Inc., EverFi Inc., Everfi, Everyday Hero Ltd., Everyday Hero Pty. Ltd, Everyday Hero Pty. Ltd., Giving Limited, Giving.com Limited, JG US Inc., JGCrowdfunding USA LLC, JustGiving, Kintera, Lawroom.com, MicroEdge LLC, MyCharity Ltd., Public Interest Data LLC, RLC Customer Centric Technology B.V., Reeher, Smart LLC, Smart Tuition, Target Analysis Group Inc., WhippleHill Inc., YC Blocker 1 LLC, YourCause, YourCause Holdings LLC, YourCause LLC, and eTapestry.
Read More

When was Blackbaud founded?

Blackbaud was founded in 1981.

How can I contact Blackbaud?

Blackbaud's mailing address is 65 FAIRCHILD STREET, CHARLESTON SC, 29492. The official website for the company is www.blackbaud.com. The technology company can be reached via phone at (843) 216-6200, via email at steve.hufford@blackbaud.com, or via fax at 843-216-6100.

This page (NASDAQ:BLKB) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.