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

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

Blackbaud declared a quarterly dividend on Tuesday, October 30th. Shareholders of record on Wednesday, November 28th will be paid a dividend of $0.12 per share on Friday, December 14th. This represents a $0.48 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, November 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) posted its quarterly earnings data on Monday, October, 29th. The technology company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. The technology company had revenue of $209.50 million for the quarter, compared to the consensus estimate of $205.50 million. Blackbaud had a return on equity of 25.79% and a net margin of 7.84%. The firm's revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Blackbaud.

Blackbaud issued an update on its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share guidance of $2.46-2.52 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $844-854 million, compared to the consensus revenue estimate of $847.71 million.Blackbaud also updated its FY 2018 guidance to $2.46-2.52 EPS.

11 equities research analysts have issued 1 year price objectives for Blackbaud's shares. Their forecasts range from $82.00 to $116.00. On average, they expect Blackbaud's share price to reach $93.3333 in the next twelve months. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Blackbaud.

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

News stories about BLKB stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blackbaud earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Blackbaud include Cadence Design Systems (CDNS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Temenos (TMNSF), SS&C Technologies (SSNC), Tableau Software (DATA), PTC (PTC), Twilio (TWLO), Dropbox (DBX), Atlassian (TEAM), UBISOFT ENTMT S/ADR (UBSFY), Trend Micro (TMICY), Micro Focus International (MFGP), Paycom Software (PAYC), The Ultimate Software Group (ULTI) and Nutanix (NTNX).

Blackbaud's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.46%), Vanguard Group Inc. (9.25%), Vanguard Group Inc (9.25%), Atlanta Capital Management Co. L L C (8.82%), Janus Henderson Group PLC (7.19%) and Select Equity Group L.P. (3.98%). 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, 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 Alliancebernstein L.P., Select Equity Group L.P., Brown Advisory Inc., Deutsche Bank AG, Macquarie Group Ltd., Dimensional Fund Advisors LP, Federated Investors Inc. PA and Morgan Stanley. 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 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 Capital World Investors, Conestoga Capital Advisors LLC, Vanguard Group Inc, Vanguard Group Inc., Marshall Wace LLP, BlackRock Inc., FIL Ltd and Atlanta Capital Management Co. L L C. 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 $63.87.

Blackbaud has a market capitalization of $3.27 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.

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]