NASDAQ:BLKB - Blackbaud Stock Price, Price Target & More

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

Blackbaud announced a quarterly dividend on Tuesday, May 1st. Investors of record on Friday, May 25th will be given a dividend of $0.12 per share on Friday, June 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Thursday, May 24th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its quarterly earnings results on Monday, April, 30th. The technology company reported $0.66 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.07. The technology company had revenue of $204.18 million for the quarter, compared to analyst estimates of $204.29 million. Blackbaud had a return on equity of 28.66% and a net margin of 8.92%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 earnings per share. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Blackbaud.

Blackbaud updated its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share guidance of $2.75-2.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.82. The company issued revenue guidance of $870-890 million, compared to the consensus revenue estimate of $879.21 million.

8 brokers have issued 1 year price targets for Blackbaud's stock. Their forecasts range from $92.00 to $120.00. On average, they anticipate Blackbaud's share price to reach $105.80 in the next year. This suggests that the stock has a possible downside of 10.2%. View Analyst Ratings 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, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Blackbaud include CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS), UBISOFT Entmt S/ADR (UBSFY), Symantec (SYMC), SS&C Technologies (SSNC), Cadence Design Systems (CDNS), Dropbox (DBX) and Veeva Systems (VEEV).

Media headlines about BLKB stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blackbaud earned a daily sentiment score of 0.11 on Accern's scale. They also gave news coverage about the technology company an impact score of 45.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Blackbaud's stock is owned by many different of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (1.53%), Fred Alger Management Inc. (0.77%), American Capital Management Inc. (0.64%), NN Investment Partners Holdings N.V. (0.30%), Copper Rock Capital Partners LLC (0.15%) and Retirement Systems of Alabama (0.13%). 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 Municipal Employees Retirement System of Michigan, Foundry Partners LLC, Huntington National Bank and Fortaleza Asset Management Inc.. 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, Michael P Gianoni and Sarah E Nash. View Insider Buying and Selling for Blackbaud.

BLKB stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Conestoga Capital Advisors LLC, Fred Alger Management Inc., American Capital Management Inc., NN Investment Partners Holdings N.V., Campbell & CO Investment Adviser LLC, Xact Kapitalforvaltning AB and Smithfield Trust Co.. 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 $117.76.

Blackbaud has a market capitalization of $5.65 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.

Blackbaud's mailing address is 2000 DANIEL ISLAND DRIVE, CHARLESTON SC, 29492. The technology company can be reached via phone at 843-216-6200 or via email at [email protected]