NASDAQ:BLKB - Blackbaud Stock Price, News & Analysis

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 given a dividend of $0.12 per share on Friday, September 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.51%. The ex-dividend date is Tuesday, August 27th. View Blackbaud's Dividend History.

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

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Blackbaud.

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

8 analysts have issued 12-month price targets for Blackbaud's shares. Their predictions range from $80.00 to $116.00. On average, they anticipate Blackbaud's stock price to reach $90.1667 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Blackbaud.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

News stories about BLKB stock have trended negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Blackbaud earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news 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 ANSYS (ANSS), Twilio (TWLO), Check Point Software Technologies (CHKP), Atlassian (TEAM), Tableau Software (DATA), Okta (OKTA), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Paycom Software (PAYC), Citrix Systems (CTXS), Temenos (TMNSF), SS&C Technologies (SSNC), The Ultimate Software Group (ULTI), Tyler Technologies (TYL) and Black Knight (BKI).

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), IHS Markit (INFO), Intel (INTC), Intuit (INTU), Mondelez International (MDLZ), Micron Technology (MU) and BIO-TECHNE (TECH).

Blackbaud's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.60%), Janus Henderson Group PLC (9.92%), Janus Henderson Group PLC (9.92%), Vanguard Group Inc. (9.50%), Atlanta Capital Management Co. L L C (9.28%) and Brown Capital Management LLC (8.98%). 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 Quest Capital Management Inc. ADV, Brown Capital Management LLC, Eaton Vance Management, Invesco Ltd., Van ECK Associates Corp, Bank of America Corp DE, AXA and AQR Capital Management LLC. 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 Nuveen Asset Management LLC, First Trust Advisors LP, Janus Henderson Group PLC, Janus Henderson Group PLC, BlackRock Inc., Echo Street Capital Management LLC, Morgan Stanley and Vanguard Group 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, Scottrade, Fidelity and Charles Schwab.

One share of BLKB stock can currently be purchased for approximately $93.27.

Blackbaud has a market capitalization of $4.59 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]