NASDAQ:BLKBBlackbaud Stock Price, Forecast & News

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BLKB shares have increased by 7.6% and is now trading at $65.77.
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 5 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 Monday, October 26th 2020.
View our earnings forecast for Blackbaud.

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings data on Wednesday, July, 29th. The technology company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.35. The technology company had revenue of $231.99 million for the quarter, compared to the consensus estimate of $217.74 million. Blackbaud had a return on equity of 16.68% and a net margin of 2.44%. The business's quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 EPS.
View Blackbaud's earnings history.

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 annualized dividend and a yield of 0.73%. The ex-dividend date is Thursday, February 27th.
View Blackbaud's dividend history.

5 analysts have issued twelve-month price objectives for Blackbaud's shares. Their forecasts range from $50.00 to $92.00. On average, they anticipate Blackbaud's share price to reach $71.00 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
View analysts' price targets for Blackbaud.

Headlines about BLKB stock have been trending very positive on Monday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Blackbaud earned a news impact score of 3.2 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
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."

Blackbaud's stock is owned by a variety of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (1.44%), New York State Common Retirement Fund (1.16%), First Trust Advisors LP (1.04%), Palisade Capital Management LLC NJ (0.51%), Trillium Asset Management LLC (0.48%) and Principal Financial Group Inc. (0.37%). 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.

BLKB stock was sold by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, UBS Group AG, Comerica Bank, Nisa Investment Advisors LLC, Russell Investments Group Ltd., Texas Permanent School Fund, Schaper Benz & Wise Investment Counsel Inc. WI, and Envestnet Asset Management Inc.. Company insiders that have sold Blackbaud company stock in the last year include Anthony W Boor, George H Ellis, Michael P Gianoni, and Sarah E Nash.
View insider buying and selling activity for Blackbaud.

BLKB stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Greenhouse Funds LLLP, Mesirow Financial Investment Management Equity Management, Principal Financial Group Inc., Raymond James & Associates, Bessemer Group Inc., Swiss National Bank, and Palisade Capital Management LLC NJ.
View insider buying and selling activity 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 $65.77.

Blackbaud has a market capitalization of $3.26 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]