NASDAQ:BLKB - Blackbaud Stock Price, News & Analysis

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

Blackbaud declared a quarterly dividend on Tuesday, July 30th. Shareholders 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 yield of 0.52%. The ex-dividend date of this dividend is Tuesday, August 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its quarterly earnings data on Tuesday, July, 30th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.37. The technology company had revenue of $226.40 million for the quarter, compared to the consensus estimate of $223.53 million. Blackbaud had a return on equity of 20.51% and a net margin of 3.04%. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm posted $0.69 earnings per share. 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 EPS guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.19. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $893.73 million.

8 brokerages have issued 12 month target prices for Blackbaud's shares. Their predictions range from $80.00 to $116.00. On average, they expect Blackbaud's share price to reach $90.1667 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. 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 been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackbaud earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Blackbaud.

Some companies that are related to Blackbaud include ANSYS (ANSS), Splunk (SPLK), Check Point Software Technologies (CHKP), Twilio (TWLO), Symantec (SYMC), Atlassian (TEAM), Tableau Software (DATA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Temenos (TMNSF), Crowdstrike (CRWD), SS&C Technologies (SSNC), Citrix Systems (CTXS), Okta (OKTA), Paycom Software (PAYC) and Docusign (DOCU).

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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.60%), BlackRock Inc. (11.60%), Janus Henderson Group PLC (9.92%), Janus Henderson Group PLC (9.92%), Vanguard Group Inc. (9.50%) and Atlanta Capital Management Co. L L C (9.28%). 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 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., BlackRock Inc., Echo Street Capital Management LLC and Morgan Stanley. 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, Robinhood, Fidelity and Charles Schwab.

One share of BLKB stock can currently be purchased for approximately $92.54.

Blackbaud has a market capitalization of $4.55 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]