NASDAQ:BLKB - Blackbaud Stock Price, Forecast & News

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

Blackbaud announced a quarterly dividend on Monday, October 28th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.12 per share on Friday, December 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Tuesday, November 26th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) posted its quarterly earnings data on Monday, October, 28th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.06. The technology company earned $221.10 million during the quarter, compared to the consensus estimate of $219.36 million. Blackbaud had a return on equity of 18.97% and a net margin of 2.25%. The business's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Blackbaud.

Blackbaud will be holding an earnings conference call on Monday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Blackbaud issued an update on its FY19 earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus estimate of $2.22. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $895.71 million.

3 brokers have issued 1 year price targets for Blackbaud's shares. Their forecasts range from $80.00 to $92.00. On average, they expect Blackbaud's stock price to reach $87.00 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Blackbaud.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

Media headlines about BLKB stock have been trending extremely negative recently, according to InfoTrie. The research firm ranks the sentiment of 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 negative five to positive five, with scores nearest to five being the most favorable. Blackbaud earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Blackbaud.

Blackbaud saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,040,000 shares, an increase of 7.2% from the December 15th total of 3,770,000 shares. Based on an average trading volume of 222,400 shares, the short-interest ratio is presently 18.2 days. Currently, 8.3% of the shares of the company are short sold. View Blackbaud's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Suncor Energy (SU), Broadcom (AVGO), IPG Photonics (IPGP), Marathon Petroleum (MPC), Philip Morris International (PM), Baidu (BIDU), CalAmp (CAMP), Intel (INTC) and Mondelez International (MDLZ).

Blackbaud's stock is owned by a number of of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (2.07%), Nisa Investment Advisors LLC (0.05%), State of Michigan Retirement System (0.03%), Diversified Trust Co (0.02%), State of Alaska Department of Revenue (0.02%) and Strs Ohio (0.01%). 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, 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, Strs Ohio, State of Alaska Department of Revenue, Huntington National Bank and OLD National Bancorp IN. 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, Sarah E Nash 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 Nisa Investment Advisors LLC, NEXT Financial Group Inc, Diversified Trust Co, Zurcher Kantonalbank Zurich Cantonalbank and State of Michigan Retirement System. 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 $79.96.

Blackbaud has a market capitalization of $3.93 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]