NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BLKB stock has decreased by 4.0% and is now trading at $58.64. View which stocks have been most impacted by Coronavirus.

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.

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

Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings results on Tuesday, May, 5th. The technology company reported $0.51 earnings per share for the quarter, beating the 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 net margin of 1.95% and a return on equity of 15.99%. Blackbaud's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.51 earnings per share. View Blackbaud's earnings history.

Blackbaud declared a quarterly dividend on Monday, February 10th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, February 27th. View Blackbaud's dividend history.

5 equities research analysts have issued 1 year target prices for Blackbaud's shares. Their forecasts range from $50.00 to $92.00. On average, they anticipate Blackbaud's share price to reach $74.00 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Blackbaud.

News stories about BLKB stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring 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 news impact score of -2.5 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news about Blackbaud.

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

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).

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

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 $58.64.

Blackbaud has a market capitalization of $2.91 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.

The official website for Blackbaud is 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]