NASDAQ:BLKB - Blackbaud Stock Price, News, & Analysis

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

Blackbaud declared a quarterly dividend on Tuesday, October 30th. Shareholders of record on Wednesday, November 28th will be given a dividend of $0.12 per share on Friday, December 14th. This represents a $0.48 annualized dividend and a yield of 0.67%. The ex-dividend date is Tuesday, November 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Monday, October, 29th. The technology company reported $0.59 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.04. The technology company earned $209.50 million during the quarter, compared to the consensus estimate of $205.50 million. Blackbaud had a net margin of 7.84% and a return on equity of 25.79%. The company's revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.57 earnings per share. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Blackbaud.

Blackbaud issued an update on its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $2.46-2.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.49. The company issued revenue guidance of $844-854 million, compared to the consensus revenue estimate of $847.71 million.Blackbaud also updated its FY 2018 guidance to $2.46-2.52 EPS.

11 equities research analysts have issued 1-year price objectives for Blackbaud's stock. Their forecasts range from $82.00 to $116.00. On average, they anticipate Blackbaud's share price to reach $93.3333 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View Analyst Price Targets for Blackbaud.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 10 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

Media stories about BLKB stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackbaud earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Some companies that are related to Blackbaud include Veeva Systems (VEEV), Cadence Design Systems (CDNS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Temenos (TMNSF), Dropbox (DBX), PTC (PTC), Tableau Software (DATA), UBISOFT Entmt S/ADR (UBSFY), Twilio (TWLO), The Ultimate Software Group (ULTI), Trend Micro (TMICY), Atlassian (TEAM), Nutanix (NTNX) and Paycom Software (PAYC).

Blackbaud's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.46%), Atlanta Capital Management Co. L L C (8.82%), Janus Henderson Group PLC (7.19%), JPMorgan Chase & Co. (2.05%), Conestoga Capital Advisors LLC (1.78%) and GW&K Investment Management LLC (1.42%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, Brian Boruff, Charles T Cumbaa, George H Ellis, John J Mistretta, Jon W Olson, Joyce Nelson, Kevin W Mooney, Michael P Gianoni and Sarah E Nash. View Institutional Ownership Trends for Blackbaud.

BLKB stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Brown Advisory Inc., Dimensional Fund Advisors LP, JPMorgan Chase & Co., First Trust Advisors LP, Eaton Vance Management, Janus Henderson Group PLC and Russell Investments Group Ltd.. Company insiders that have sold Blackbaud company stock in the last year include Andrew M Leitch, Anthony W Boor, Brian Boruff, George H Ellis, Jon W Olson, Joyce Nelson, Kevin W Mooney and Michael P Gianoni. View Insider Buying and Selling for Blackbaud.

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, BlackRock Inc., FIL Ltd, Atlanta Capital Management Co. L L C, Barrett Asset Management LLC, Lee Capital Holdings LLC, Panagora Asset Management Inc. and Bahl & Gaynor 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 $71.35.

Blackbaud has a market capitalization of $3.42 billion and generates $788.31 million in revenue each year. The technology company earns $65.93 million in net income (profit) each year or $1.59 on an earnings per share basis. Blackbaud employs 3,182 workers across the globe.

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]