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

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

Blackbaud announced a quarterly dividend on Thursday, February 7th. Stockholders of record on Wednesday, February 27th will be given a dividend of $0.12 per share on Friday, March 15th. This represents a $0.48 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Tuesday, February 26th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its quarterly earnings data 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 analyst estimates of $220.40 million. Blackbaud had a return on equity of 24.41% and a net margin of 5.28%. Blackbaud's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. 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 EPS guidance of $2.11-2.28 for the period, compared to the Thomson Reuters consensus EPS 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 anticipate Blackbaud's share price to reach $89.8571 in the next year. This suggests a possible upside of 18.1% 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.

Press coverage about BLKB stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Blackbaud earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Blackbaud include Citrix Systems (CTXS), Atlassian (TEAM), Tableau Software (DATA), Paycom Software (PAYC), PTC (PTC), Micro Focus International (MFGP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), The Ultimate Software Group (ULTI), Temenos (TMNSF), UBISOFT ENTMT S/ADR (UBSFY), Okta (OKTA), Docusign (DOCU), Dropbox (DBX), Mongodb (MDB) and Black Knight (BKI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Micron Technology (MU), Mcdonald's (MCD), IPG Photonics (IPGP), Activision Blizzard (ATVI), Mondelez International (MDLZ), New York Community Bancorp (NYCB), National Bank of Canada (NA), Middleby (MIDD) and Zendesk (ZEN).

Blackbaud's stock is owned by many different of retail and institutional investors. Top institutional investors 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 acquired 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 $76.10.

Blackbaud has a market capitalization of $3.70 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]