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NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

$63.17
+3.08 (+5.13 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$61.71
Now: $63.17
$64.04
50-Day Range
$48.24
MA: $53.76
$61.23
52-Week Range
$38.22
Now: $63.17
$97.35
Volume376,466 shs
Average Volume394,123 shs
Market Capitalization$3.13 billion
P/E Ratio170.73
Dividend Yield0.80%
Beta1.1
Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, individual change agents, and other charitable giving entities. The company offers fundraising and relationship management solutions and services, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, everydayhero, Blackbaud Peer-to-Peer Fundraising, and Blackbaud Guided Fundraising; and marketing and engagement solutions, such as Blackbaud Luminate Online, Blackbaud Online Express, Blackbaud NetCommunity, Blackbaud Attentive.ly, and Blackbaud School Website System. It also provides Blackbaud Financial Edge NXT, Blackbaud Smart Tuition, and Blackbaud Smart Aid financial management solutions and services; and Blackbaud Grantmaking, Blackbaud Award Management, FIMS, and Blackbaud Outcomes grant and award management solutions. In addition, the company offers organizational and program management solutions and services comprising Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; and Blackbaud Employee Giving and Blackbaud Employee Volunteering, and YourCause corporate social responsibility solutions. Further, it provides Blackbaud's SKY Intelligence analytics solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services; and Blackbaud Merchant Services and Blackbaud Purchase Cards payment services. Additionally, the company offers customer support and maintenance, professional and managed, and training services. It has operations primarily in the United States, the United Kingdom, Canada, and Australia. The company was founded in 1981 and is headquartered in Charleston, South Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.9Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.63 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
Current SymbolNASDAQ:BLKB
CUSIP09227Q10
Phone843-216-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$900.42 million
Cash Flow$3.15 per share
Book Value$8.07 per share

Profitability

Net Income$11.91 million

Miscellaneous

Employees3,611
Market Cap$3.13 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Blackbaud (NASDAQ:BLKB) Frequently Asked Questions

How has Blackbaud's stock been impacted by COVID-19 (Coronavirus)?

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLKB shares have increased by 3.4% and is now trading at $63.17. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Blackbaud?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Blackbaud.

When is Blackbaud's next earnings date?

Blackbaud is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Blackbaud.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) issued its earnings results on Tuesday, May, 5th. The technology company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.05. The technology company had revenue of $223.62 million for the quarter, compared to the consensus estimate of $221.97 million. Blackbaud had a return on equity of 15.99% and a net margin of 1.95%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 EPS. View Blackbaud's earnings history.

How often does Blackbaud pay dividends? What is the dividend yield for Blackbaud?

Blackbaud announced a quarterly dividend on Monday, February 10th. Investors of record on Friday, February 28th will be given a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, February 27th. View Blackbaud's dividend history.

What price target have analysts set for BLKB?

5 brokers have issued 12 month target prices for Blackbaud's stock. Their forecasts range from $50.00 to $92.00. On average, they anticipate Blackbaud's stock price to reach $74.00 in the next year. This suggests a possible upside of 17.1% from the stock's current price. View analysts' price targets for Blackbaud.

Has Blackbaud been receiving favorable news coverage?

Media headlines about BLKB stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackbaud earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned media 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 the latest news aboutBlackbaud.

Are investors shorting Blackbaud?

Blackbaud saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,980,000 shares, a decrease of 6.9% from the April 30th total of 3,200,000 shares. Based on an average trading volume of 525,800 shares, the short-interest ratio is currently 5.7 days. Approximately 6.1% of the company's stock are short sold. View Blackbaud's Current Options Chain.

Who are some of Blackbaud's key competitors?

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), Suncor Energy (SU), Verizon Communications (VZ), Activision Blizzard (ATVI), Broadcom (AVGO), Intel (INTC), IPG Photonics (IPGP), Mondelez International (MDLZ), Marathon Petroleum (MPC) and PepsiCo (PEP).

Who are Blackbaud's key executives?

Blackbaud's management team includes the following people:
  • Mr. Michael P. Gianoni, Pres, CEO & Director (Age 58)
  • Mr. Anthony W. Boor, Exec. VP of Fin. & Admin. and CFO (Age 56)
  • Mr. Jon W. Olson, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
  • Mr. Kevin W. Mooney, Exec. VP & Pres of Gen. Markets Group (Age 61)
  • Mr. Kevin P. Gregoire, Exec. VP & Pres of Enterprise Market Group (EMG) - North America (Age 51)

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.58%), Atlanta Capital Management Co. L L C (9.56%), Wellington Management Group LLP (9.50%), Brown Capital Management LLC (6.74%), Janus Henderson Group PLC (6.65%) and State Street Corp (3.20%). Company insiders that own Blackbaud stock include Andrew M Leitch, 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 institutional ownership trends for Blackbaud.

Which institutional investors are selling Blackbaud stock?

BLKB stock was sold by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Janus Henderson Group PLC, Invesco Ltd., JPMorgan Chase & Co., Wellington Management Group LLP, Brown Capital Management LLC, BlackRock Inc., and UBS Group AG. Company insiders that have sold Blackbaud company stock in the last year include Anthony W Boor, George H Ellis, Joyce Nelson, Kevin W Mooney, Michael P Gianoni, and Sarah E Nash. View insider buying and selling activity for Blackbaud.

Which institutional investors are buying Blackbaud stock?

BLKB stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Echo Street Capital Management LLC, Atlanta Capital Management Co. L L C, Morgan Stanley, Morgan Stanley, Bank of New York Mellon Corp, Two Sigma Investments LP, and Eagle Asset Management Inc.. View insider buying and selling activity for Blackbaud.

How do I buy shares of 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.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $63.17.

How big of a company is Blackbaud?

Blackbaud has a market capitalization of $3.13 billion and generates $900.42 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $1.27 on an earnings per share basis. Blackbaud employs 3,611 workers across the globe.

What is Blackbaud's official website?

The official website for Blackbaud is www.blackbaud.com.

How can I contact Blackbaud?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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