Blackbaud Stock Price, News & Analysis (NASDAQ:BLKB)

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

Blackbaud declared a quarterly dividend on Tuesday, July 30th. Stockholders of record on Wednesday, August 28th will be paid a dividend of $0.12 per share on Friday, September 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date is Tuesday, August 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) posted its quarterly earnings results on Tuesday, July, 30th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.37. The technology company earned $226.40 million during 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%. Blackbaud's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Blackbaud.

Blackbaud will be holding an earnings conference call on Monday, October 28th 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 updated 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 EPS estimate of $2.19. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $893.73 million.

3 brokerages have issued 12 month price targets for Blackbaud's shares. Their predictions range from $80.00 to $92.00. On average, they anticipate Blackbaud's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 2.2% 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.

News stories about BLKB stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackbaud earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Blackbaud.

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

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), Intel (INTC), Intuit (INTU), Mondelez International (MDLZ), Micron Technology (MU), BIO-TECHNE (TECH) and Sothebys (BID).

Blackbaud's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Pacer Advisors Inc. (0.04%), State of Michigan Retirement System (0.03%), CIBC Private Wealth Group LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Diversified Trust Co (0.02%). 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 Stephens Inc. AR, CIBC Private Wealth Group LLC, Pacer Advisors Inc., Diversified Trust Co and State of Michigan Retirement System. 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, World Asset Management Inc, Strs Ohio and Zurcher Kantonalbank Zurich Cantonalbank . 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 $85.09.

Blackbaud has a market capitalization of $4.18 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]