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

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

Blackbaud declared a quarterly dividend on Thursday, February 7th. Investors of record on Wednesday, February 27th will be paid a dividend of $0.12 per share on Friday, March 15th. This represents a $0.48 annualized dividend and a yield of 0.61%. The ex-dividend date is Tuesday, February 26th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its earnings results on Wednesday, February, 6th. The technology company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.10. The technology company earned $221.79 million during the quarter, compared to analysts' expectations of $220.40 million. Blackbaud had a net margin of 5.28% and a return on equity of 24.41%. Blackbaud's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Blackbaud.

Blackbaud updated its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.34. The company issued revenue guidance of $880-910 million, compared to the consensus revenue estimate of $891.45 million.Blackbaud also updated its FY 2019 guidance to $2.11-2.28 EPS.

12 brokerages have issued twelve-month price objectives for Blackbaud's shares. Their forecasts range from $65.00 to $116.00. On average, they expect Blackbaud's share price to reach $89.8571 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Blackbaud.

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

News headlines about BLKB stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackbaud earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

Some companies that are related to Blackbaud include Open Text (OTEX), Tableau Software (DATA), StoneCo (STNE), Tyler Technologies (TYL), The Sage Group (SGE), Nice (NICE), Ceridian HCM (CDAY), HubSpot (HUBS), Pivotal Software (PVTL), Nemetschek (NEM), AVEVA Group (AVV), Altium (ALU), Pluralsight (PS), Descartes Systems Group (DSG) and Rocket Internet (RKET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Mcdonald's (MCD), IPG Photonics (IPGP), Micron Technology (MU), Constellation Brands (STZ), BIO-TECHNE (TECH), SOUTH32 LTD/S (SOUHY), Intel (INTC), Intuit (INTU) and Colgate-Palmolive (CL).

Blackbaud's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.60%), Atlanta Capital Management Co. L L C (9.55%), Conestoga Capital Advisors LLC (2.06%), Northern Trust Corp (1.72%), Norges Bank (1.53%) and Bank of New York Mellon Corp (1.43%). Company insiders that own Blackbaud stock include Andrew M Leitch, Anthony W Boor, Brian Boruff, George H Ellis, John J Mistretta, 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 Principal Financial Group Inc., GW&K Investment Management LLC, Northern Trust Corp, Eaton Vance Management, Barclays PLC, Martingale Asset Management L P, New York State Common Retirement Fund and MetLife Investment Advisors LLC. Company insiders that have sold Blackbaud company stock in the last year include Andrew M Leitch, 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, Atlanta Capital Management Co. L L C, Van ECK Associates Corp, FMR LLC, Daiwa SB Investments Ltd., Conestoga Capital Advisors LLC, Bank of America Corp DE and Dimensional Fund Advisors LP. 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 $78.14.

Blackbaud has a market capitalization of $3.80 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.

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]