NASDAQ:BLKB - Blackbaud Stock Price, Forecast & News

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

Blackbaud announced a quarterly dividend on Monday, February 10th. Investors of record on Friday, February 28th will be paid a dividend of $0.12 per share on Friday, March 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, February 27th. View Blackbaud's Dividend History.

Blackbaud, Inc. (NASDAQ:BLKB) released its earnings results on Monday, February, 10th. The technology company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.01. The technology company had revenue of $238.10 million for the quarter, compared to analysts' expectations of $232.17 million. Blackbaud had a return on equity of 16.12% and a net margin of 1.32%. The business's revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 EPS. View Blackbaud's Earnings History.

Blackbaud is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Blackbaud.

Blackbaud updated its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) guidance of $2 for the period, compared to the Thomson Reuters consensus estimate of $2.26. The company issued revenue guidance of $937.77 million, compared to the consensus revenue estimate of 20-2.35.

4 brokerages have issued 1 year price targets for Blackbaud's shares. Their forecasts range from $80.00 to $92.00. On average, they expect Blackbaud's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Blackbaud.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Blackbaud.

Media headlines about BLKB stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackbaud earned a daily sentiment score of -4.2 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Blackbaud.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Suncor Energy (SU), Broadcom (AVGO), IPG Photonics (IPGP), Marathon Petroleum (MPC), Philip Morris International (PM), Baidu (BIDU), CalAmp (CAMP), Intel (INTC) and Mondelez International (MDLZ).

Blackbaud's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (9.49%), Champlain Investment Partners LLC (5.29%), State Street Corp (3.15%), Fred Alger Management LLC (2.09%), Conestoga Capital Advisors LLC (2.07%) and FMR LLC (1.97%). 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, 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 Janus Henderson Group PLC, Sei Investments Co., AXA, AlphaCrest Capital Management LLC, Conestoga Capital Advisors LLC, Goldman Sachs Group Inc., New York State Common Retirement Fund and Fred Alger Management LLC. 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, Sarah E Nash 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 Echo Street Capital Management LLC, FMR LLC, Van ECK Associates Corp, Bank of America Corp DE, UBS Group AG, Man Group plc, Renaissance Technologies LLC and Eagle Asset Management Inc.. 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 $74.76.

Blackbaud has a market capitalization of $3.68 billion and generates $900.42 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $1.27 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]