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 increased by 5.9% and is now trading at $64.68.
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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."
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Blackbaud is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
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Blackbaud, Inc. (NASDAQ:BLKB) released its earnings results on Wednesday, July, 29th. The technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.50 by $0.35. The technology company had revenue of $231.99 million for the quarter, compared to analyst estimates of $217.74 million. Blackbaud had a net margin of 2.44% and a return on equity of 16.68%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the company earned $0.66 EPS.
View Blackbaud's earnings history.

Blackbaud declared a quarterly dividend on Monday, February 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Thursday, February 27th.
View Blackbaud's dividend history.

5 brokerages have issued twelve-month price targets for Blackbaud's stock. Their forecasts range from $50.00 to $92.00. On average, they expect Blackbaud's share price to reach $71.00 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
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News headlines about BLKB stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media 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 five, with scores closest to five being the most favorable. Blackbaud earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news 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 impact on the company'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), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Tyler Technologies (TYL), Fair Isaac (FICO) and Pegasystems (PEGA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include Cognex (CGNX), Fortinet (FTNT), Veeva Systems (VEEV), ABIOMED (ABMD), Broadcom (AVGO), Alteryx (AYX), CVS Health (CVS), IPG Photonics (IPGP), Paypal (PYPL) and Tyler Technologies (TYL).

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%), Macquarie Group Ltd. (0.83%), Palisade Capital Management LLC NJ (0.51%) and Trillium Asset Management LLC (0.48%). Company insiders that own Blackbaud stock 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 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., Macquarie Group Ltd., Raymond James & Associates, Bessemer Group Inc., and Swiss National Bank.
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 $64.68.

Blackbaud has a market capitalization of $3.21 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]