NYSE:BKI

Black Knight (BKI) Stock Forecast, Price & News

$56.09

+0.98 (+1.78%)

(As of 05/26/2023 08:46 PM ET)

Compare

Today's Range: $55.00
▼
$56.37
50-Day Range: $53.40
▼
$58.27
52-Week Range: $53.15
▼
$70.18

Volume: 563,000 shs
Average Volume: 1.17 million shs
Market Capitalization: $8.79 billion

P/E Ratio: 38.16
Dividend Yield: N/A
Price Target: $63.00

Black Knight MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 12.3% Upside
$63.00 Price Target
Short Interest: Healthy
2.15% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.38
Upright™ Environmental Score
News Sentiment: 0.17
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.91%
From $1.84 to $2.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Business Services Sector

138th out of 346 stocks

Prepackaged Software Industry

72nd out of 217 stocks

2.0

Analyst's Opinion

Consensus Rating
Black Knight has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.00, Black Knight has a forecasted upside of 12.3% from its current price of $56.09.
Amount of Analyst Coverage
Black Knight has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.15% of the float of Black Knight has been sold short.
Short Interest Ratio / Days to Cover
Black Knight has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Black Knight has recently increased by 36.55%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Black Knight does not currently pay a dividend.
Dividend Growth
Black Knight does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Black Knight has received a 27.94% net impact score from Upright. Black Knight seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Market intelligence data provision", "Real estate data providers", and "Loan servicing software" products. See details.
Environmental Sustainability
The Environmental Impact score for Black Knight is -0.38.

2.9

News and Social Media Coverage

News Sentiment
Black Knight has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Black Knight this week, compared to 4 articles on an average week.
Search Interest
1 people have searched for BKI on MarketBeat in the last 30 days.
MarketBeat Follows
6 people have added Black Knight to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Black Knight insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.10% of the stock of Black Knight is held by insiders.
Percentage Held by Institutions
87.73% of the stock of Black Knight is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Black Knight are expected to grow by 23.91% in the coming year, from $1.84 to $2.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Black Knight is 38.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Black Knight is 38.16, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 311.19.
Price to Earnings Growth Ratio
Black Knight has a PEG Ratio of 6.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Black Knight has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Black Knight (NYSE:BKI) Stock

Black Knight, Inc. engages in the provision of software solutions. It operates through the Software Solutions, and Data and Analytics segments. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination, and settlement services. The Data and Analytics segment caters to the mortgage, real estate, and capital markets verticals. The firm also serves the credit union, secondary markets, government, home equity, servicing, and title settlement industries. The company was founded in 1962 and is headquartered in Jacksonville, FL.

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BKI Stock News Headlines

May 24, 2023 | finance.yahoo.com

Black Knight's First Look: Early-Stage Mortgage Delinquencies Rise on Calendar Effect; Prepayments Slow as Spring Homebuying Season Falters on High Rates, Low Inventory

May 22, 2023 | seekingalpha.com

Intercontinental Exchange: Stable Dividends In Shaky Banking Climate

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May 18, 2023 | benzinga.com

Black Knight Stock (NYSE:BKI), Insider Trading Activity

May 9, 2023 | finance.yahoo.com

7 Servicing Chooses the MSP Servicing System to Support Growth and Member Experience as it Transitions to Servicing ORNL Federal Credit Union and 7 Mortgage Portfolios

May 8, 2023 | msn.com

Truist Securities Maintains Black Knight Inc - (BKI) Buy Recommendation

May 8, 2023 | finance.yahoo.com

Black Knight Originations Market Monitor: Lock Volumes Fall Despite Marginally Lower Rates as Reluctant Buyers Face Continuing Inventory Shortage

May 5, 2023 | msn.com

Unusual Call Option Trade in Black Knight Inc - (BKI) Worth $699.00K

May 29, 2023 | Legacy Research (Affiliate) (Ad)

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May 5, 2023 | finance.yahoo.com

Black Knight First Quarter 2023 Earnings: Beats Expectations

May 4, 2023 | msn.com

Black Knight Q1 2023 Earnings Preview

May 4, 2023 | finance.yahoo.com

Optimal Blue PPE Expands Investor Content to 54 State-Based Housing Finance Agencies to Give Lenders and Homebuyers Access to Additional Financing Options

May 4, 2023 | markets.businessinsider.com

Black Knight Inc. Q1 Profit Decreases, but beats estimates

May 4, 2023 | finance.yahoo.com

Black Knight Reports First Quarter 2023 Financial Results

May 3, 2023 | morningstar.com

Black Knight Inc Class A

May 3, 2023 | finance.yahoo.com

Black Knight: Home Prices Up Again in March on Worsening Inventory Shortages and Modest Rise in Demand

May 3, 2023 | americanbankingnews.com

Black Knight (BKI) Scheduled to Post Earnings on Thursday

May 2, 2023 | nasdaq.com

Guru Fundamental Report for BKI - Peter Lynch

May 2, 2023 | finance.yahoo.com

WEOKIE Federal Credit Union Selects Empower LOS to Automate Manual Processes and Fuel Growth in Retail, Home Equity Lending

April 28, 2023 | msn.com

Short Volatility Alert: Black Knight Inc

April 25, 2023 | finance.yahoo.com

Bear of the Day: Black Knight, Inc. (BKI)

April 25, 2023 | news.yahoo.com

Nike Cofounder Phil Knight and His Wife Pledge $400 Million to Help Portland’s Black Community

April 21, 2023 | finance.yahoo.com

Black Knight's First Look: Mortgage Delinquencies Hit Record Low in March, While Prepayments Rose on Easing Rates and Seasonal Tailwinds

April 20, 2023 | finance.yahoo.com

Black Knight to Report First Quarter 2023 Financial Results on May 4, 2023

April 11, 2023 | seekingalpha.com

How To Profit From The Black Knight-Intercontinental Exchange Merger With A Simple Arbitrage Strategy

April 11, 2023 | finance.yahoo.com

Black Knight Announces New Mobile App for the Optimal Blue PPE to Expand On-the-Go Access to Scenario Pricing and More

April 10, 2023 | finance.yahoo.com

UPDATE 1-FTC asks for temporary halt to Intercontinental Exchange deal for Black Knight

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BKI Company Calendar

Last Earnings: 2/28/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: Paper Products
Sector: Business Services
Current Symbol: NYSE:BKI
CUSIP: 11825510
CIK: 1627014
Web: www.blackknightinc.com
Phone: (904) 854-5100
Fax: N/A
Employees: 6,100
Year Founded: 2008

Price Target and Rating

Average Stock Price Forecast: $63.00
High Stock Price Forecast: $66.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: +12.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.47
Trailing P/E Ratio: 38.16
Forward P/E Ratio: 30.48
P/E Growth: 6.42
Net Income: $452.50 million
Net Margins: 14.85%
Pretax Margin: 19.18%
Return on Equity: 11.95%
Return on Assets: 5.30%

Debt

Debt-to-Equity Ratio: 0.87
Current Ratio: 1.19
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $1.55 billion
Price / Sales: 5.67
Cash Flow: $4.45 per share
Price / Cash Flow: 12.60
Book Value: $17.37 per share
Price / Book: 3.23

Miscellaneous

Outstanding Shares: 156,770,000
Free Float: 155,047,000
Market Cap: $8.79 billion
Optionable: Optionable
Beta: 0.49

Social Links

Key Executives

Joseph M. Nackashi
Chief Executive Officer

Kirk T. Larsen
President & Chief Financial Officer

Peter Carrara
Chief Information Officer

James Iredale
Chief Information Technology Officer

Bob Pinder
Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BKI Stock - Frequently Asked Questions

Should I buy or sell Black Knight stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Knight in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BKI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKI, but not buy additional shares or sell existing shares.
View BKI analyst ratings or view top-rated stocks.
What is Black Knight's stock price forecast for 2023?: 2 equities research analysts have issued 12 month price targets for Black Knight's stock. Their BKI share price forecasts range from $60.00 to $66.00. On average, they predict the company's share price to reach $63.00 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for BKI or view top-rated stocks among Wall Street analysts.
How have BKI shares performed in 2023?: Black Knight's stock was trading at $61.75 on January 1st, 2023. Since then, BKI shares have decreased by 9.2% and is now trading at $56.09.
View the best growth stocks for 2023 here.
Are investors shorting Black Knight?: Black Knight saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,250,000 shares, an increase of 36.6% from the April 30th total of 2,380,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is presently 2.6 days. Currently, 2.2% of the shares of the company are sold short.
View Black Knight's Short Interest.
When is Black Knight's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our BKI earnings forecast.
How were Black Knight's earnings last quarter?: Black Knight, Inc. (NYSE:BKI) issued its quarterly earnings data on Tuesday, February, 28th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.06. The business had revenue of $383.50 million for the quarter, compared to analyst estimates of $389.65 million. Black Knight had a trailing twelve-month return on equity of 11.95% and a net margin of 14.85%.
What ETFs hold Black Knight's stock?: ETFs with the largest weight of Black Knight (NYSE:BKI) stock in their portfolio include BlackRock Future Financial and Technology ETF (BPAY), Global X FinTech Thematic ETF (FINX), ProShares Merger ETF (MRGR), Franklin U.S. Low Volatility ETF (FLLV), Nuveen ESG Mid-Cap Growth ETF (NUMG), WisdomTree U.S. Multifactor Fund (USMF), First Trust Technology AlphaDEX Fund (FXL) and Nuveen ESG Mid-Cap Value ETF (NUMV).
What other stocks do shareholders of Black Knight own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Black Knight investors own include Illumina (ILMN), NVIDIA (NVDA), Southern (SO), Block (SQ), Trade Desk (TTD), Black Knight Financial Services (BKFS), Etsy (ETSY), Fidelity National Financial (FNF), General Electric (GE) and II-VI (IIVI).

What is Black Knight's stock symbol?: Black Knight trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKI."
Who are Black Knight's major shareholders?: Black Knight's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.62%), Principal Financial Group Inc. (4.28%), Flossbach Von Storch AG (3.53%), London Co. of Virginia (2.43%), Wellington Management Group LLP (2.43%) and State Street Corp (2.13%). Insiders that own company stock include Anthony M Jabbour, Anthony M Jabbour, Gino Dellomo, Joseph M Nackashi, Joseph M Otting, Michael L Gravelle and Michele M Meyers.
View institutional ownership trends.
How do I buy shares of Black Knight?: Shares of BKI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Black Knight's stock price today?: One share of BKI stock can currently be purchased for approximately $56.09.
How much money does Black Knight make?: Black Knight (NYSE:BKI) has a market capitalization of $8.79 billion and generates $1.55 billion in revenue each year. The company earns $452.50 million in net income (profit) each year or $1.47 on an earnings per share basis.
How many employees does Black Knight have?: The company employs 6,100 workers across the globe.
Does Black Knight have any subsidiaries?: The following companies are subsidiares of Black Knight: BKFS I Services LLC, Black Knight Data & Analytics LLC, Black Knight Financial Services Inc., Black Knight Financial Services LLC, Black Knight Government Solutions LLC, Black Knight IP Holding Company LLC, Black Knight India Solutions Private Limited, Black Knight InfoServ LLC, Black Knight Lending Solutions Inc., Black Knight National TaxNet LLC, Black Knight Origination Technologies LLC, Black Knight Real Estate Data Solutions LLC, Black Knight Real Estate Group LLC, Black Knight Servicing Technologies LLC, Black Knight Technologies LLC, Collateral Analytics, Compass Analytics LLC, ELynx, Ernst Publishing, Ernst Publishing Co. LLC, Espiel LLC, Fidelity National Commerce Velocity LLC, HeavyWater, HeavyWater Inc., Legal Publications LLC, McDash Analytics LLC, Motivity Solutions, Motivity Solutions LLC, Optimal Blue, Property Insight LLC, RealEC Technologies LLC, Star Parent L.P., The UCC Guide Inc., eLynx Holdings LLC, and eLynx Ltd..
Read More
How can I contact Black Knight?: Black Knight's mailing address is 601 RIVERSIDE AVENUE, JACKSONVILLE FL, 32204. The official website for the company is www.blackknightinc.com. The company can be reached via phone at (904) 854-5100 or via email at kirk.larsen@bkfs.com.

This page (NYSE:BKI) was last updated on 5/29/2023 by MarketBeat.com Staff

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