NYSE:BKI

Black Knight (BKI) Stock Forecast, Price & News

$75.76

0.00 (0.00%)

(As of 09/5/2023)

Compare

Today's Range: $75.76
▼
$75.76
50-Day Range: $69.85
▼
$75.80
52-Week Range: $53.15
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$75.99

Volume: N/A
Average Volume: 1.79 million shs
Market Capitalization: $11.88 billion

P/E Ratio: 48.56
Dividend Yield: N/A
Price Target: $69.00

Black Knight MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 8.9% Downside
$69.00 Price Target
Short Interest: Healthy
1.05% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.38
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 22.86%
From $1.75 to $2.15 Per Share

Overall MarketRank^™

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

1.93 out of 5 stars

Business Services Sector

215th out of 322 stocks

Prepackaged Software Industry

149th out of 210 stocks

1.0

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, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $69.00, Black Knight has a forecasted downside of 8.9% from its current price of $75.76.
Amount of Analyst Coverage
Black Knight has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.05% 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 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Black Knight has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

1.7

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.
Dividend Coverage
The dividend payout ratio of Black Knight is 23.08%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Black Knight will have a dividend payout ratio of 16.74% next year. This indicates that Black Knight will be able to sustain or increase its dividend.

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.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 2 people have added Black Knight to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 1.30% of the stock of Black Knight is held by insiders.
Percentage Held by Institutions
87.64% of the stock of Black Knight is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Black Knight are expected to grow by 22.86% in the coming year, from $1.75 to $2.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Black Knight is 48.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Black Knight is 48.56, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.82.
Price to Earnings Growth Ratio
Black Knight has a PEG Ratio of 17.39. 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 4.27. 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. provides integrated software, data, and analytics solutions in North America and Internationally. The company operates in two segments, Software Solutions and Data and Analytics. The Software Solutions segment offers software and hosting solutions, including MSP, a software as a service application platform for mortgage, home equity loans, and lines of credit; Servicing Digital, a web and mobile solution for consumers that provides access to customized timely information about their mortgages; Loss Mitigation, an integrated solution that supports retention and liquidation workouts to streamline the loss mitigation process and reduce risk; and Empower, a loan origination system used by lenders to originate mortgages, home equity lines of credit, and supporting retail, consumer-direct, home equity, correspondent, wholesale and assumption channels on a single, and unified platforms. This segment also provides LoanCatcher, a cloud-based loan origination system designed for the needs of brokers; and LoanSifter PPE to meet the needs of the broker community by providing access to investors and loan products. The Data and Analytics segment offers property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, behavioural models, lead generation, multiple listing service, and other data solutions. The company was formerly known as Black Knight Financial Services, Inc. and changed its name to Black Knight, Inc. in October 2017. Black Knight, Inc. was founded in 2013 and is headquartered in Jacksonville, Florida.

BKI Price History

30 days | 90 days | 365 days | Advanced Chart

BKI Stock News Headlines

September 11, 2023 | finance.yahoo.com

Black Knight Originations Market Monitor: Mortgage Activity Falls as Rates Hit Two-Decade High Amid Seasonal Headwinds

September 6, 2023 | finance.yahoo.com

Black Knight: As Interest Rates Hit 22-Year Highs, 51% of Homebuyers Face $2,000+ Monthly Mortgage Payments; Nearly a Quarter Face $3,000 Payments or More

September 28, 2023 | Chaikin Analytics (Ad)

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September 2, 2023 | reuters.com

US FTC secures settlement with ICE, Black Knight over $11.7 bln deal

August 31, 2023 | reuters.com

US FTC says it secures settlement with ICE and Black Knight

August 29, 2023 | finance.yahoo.com

Nonprofit Fahe Selects MSP, Black Knight's Loan Servicing System, to Support its Commitment to Regional Housing

August 25, 2023 | finance.yahoo.com

Intercontinental Exchange and Black Knight Announce Entry into Agreement Containing Consent Orders with FTC’s Bureau of Competition

August 23, 2023 | finance.yahoo.com

Black Knight's First Look at July Mortgage Performance Data: Foreclosure Inventory Hits Lowest Level in 15 Months, While Serious Delinquencies Continue to Decline

September 28, 2023 | Behind the Markets (Ad)

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August 16, 2023 | finance.yahoo.com

AimLoan Completed Successful Implementation of MSP, Black Knight's Loan Servicing System

August 14, 2023 | finance.yahoo.com

Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist

August 11, 2023 | finance.yahoo.com

One More Reason Homeowners May Stay Put: A Big Rise in Home Equity

August 7, 2023 | reuters.com

ICE, Black Knight agree with FTC to dismiss court case against proposed deal

August 7, 2023 | markets.businessinsider.com

ICE, Black Knight, FTC Agree To Dismiss Fed Court Case; Black Knight Up In Pre-market

August 7, 2023 | reuters.com

U.S. FTC agrees to dismiss case against ICE's $11.7 bln Black Knight deal

August 7, 2023 | finance.yahoo.com

UPDATE 3-U.S. FTC agrees to dismiss case against ICE's $11.7 bln Black Knight deal

August 7, 2023 | finance.yahoo.com

Black Knight: Home Prices Hit New Record Highs in 60% of Major Markets as Annual Growth Rate Rises, Boosting Homeowner Equity Levels

August 4, 2023 | msn.com

Black Knight/ICE spead narrows amid FTC settlement speculation

August 3, 2023 | finanznachrichten.de

Black Knight, Inc.: Black Knight Reports Second Quarter 2023 Financial Results

August 3, 2023 | msn.com

Black Knight (BKI) Q2 Earnings and Revenues Lag Estimates

August 3, 2023 | markets.businessinsider.com

Black Knight Q2 Profit Rises; Adj. EPS, Revenues Miss View

August 3, 2023 | finance.yahoo.com

Black Knight Reports Second Quarter 2023 Financial Results

August 2, 2023 | finance.yahoo.com

Mortgage Clearing Corporation Selects MSP, Black Knight's Loan Servicing System, to Help Reduce Risk, Gain Operational Efficiencies and Deliver Digital Capabilities to Consumers

July 21, 2023 | finance.yahoo.com

Black Knight's First Look: Seriously Delinquent Mortgages Hit Lowest Level Since 2006; Prepayments Trended Seasonally Higher in June Despite Elevated Interest Rates

July 20, 2023 | finance.yahoo.com

Black Knight to Report Second Quarter 2023 Financial Results on August 3, 2023

July 17, 2023 | theglobeandmail.com

Constellation Software to pay US$700-million for mortgage service provider Optimal Blue

July 16, 2023 | msn.com

The Dark Knight Rises Ending Explained

See More Headlines

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BKI Company Calendar

Last Earnings: 8/03/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/02/2023
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: $69.00
High Stock Price Forecast: $75.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: -8.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.56
Trailing P/E Ratio: 48.56
Forward P/E Ratio: 43.29
P/E Growth: 17.39
Net Income: $452.50 million
Net Margins: 16.09%
Pretax Margin: 21.17%
Return on Equity: 10.59%
Return on Assets: 4.86%

Debt

Debt-to-Equity Ratio: 0.86
Current Ratio: 1.43
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: $1.52 billion
Price / Sales: 7.81
Cash Flow: $4.45 per share
Price / Cash Flow: 17.01
Book Value: $17.76 per share
Price / Book: 4.27

Miscellaneous

Outstanding Shares: 156,759,000
Free Float: 154,721,000
Market Cap: $11.88 billion
Optionable: Optionable
Beta: 0.50

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Key Executives

Mr. Anthony M. Jabbour (Age 55)
Exec. Chairman
Comp: $42.68M

Mr. Joseph M. Nackashi (Age 59)
Chief Exec. Officer
Comp: $2.35M

Mr. Kirk T. Larsen (Age 51)
Pres, Exec. VP, CFO & Principal Accounting Officer
Comp: $1.43M

Mr. Michael Louis Gravelle (Age 61)
Exec. VP & Gen. Counsel
Comp: $299.77k

Mr. Anthony Orefice (Age 62)
Exec. VP & COO (Leave of Absence)

Mr. Peter Carrara
Chief Information Officer

Mr. Steven Eagerton
VP of Investor Relations

Mr. Robert E. Pinder
Chief Compliance Officer

Ms. Michelle Kersch APR
Chief Marketing & Communications Officer

Ms. Melissa Circelli
Chief HR 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?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Knight in the last twelve months. There are currently 5 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?: 5 brokerages have issued 1 year price targets for Black Knight's stock. Their BKI share price forecasts range from $60.00 to $75.00. On average, they predict the company's share price to reach $69.00 in the next twelve months. This suggests that the stock has a possible downside of 8.9%.
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 increased by 22.7% and is now trading at $75.76.
View the best growth stocks for 2023 here.
Are investors shorting Black Knight?: Black Knight saw a decrease in short interest in August. As of August 15th, there was short interest totaling 1,630,000 shares, a decrease of 8.9% from the July 31st total of 1,790,000 shares. Based on an average daily volume of 2,060,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.1% of the company's shares are short sold.
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, November 2nd 2023.
View our BKI earnings forecast.
How were Black Knight's earnings last quarter?: Black Knight, Inc. (NYSE:BKI) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by $0.03. The company earned $368.20 million during the quarter, compared to analysts' expectations of $376.17 million. Black Knight had a trailing twelve-month return on equity of 10.59% and a net margin of 16.09%.
What ETFs hold Black Knight's stock?: ETFs with the largest weight of Black Knight (NYSE:BKI) stock in their portfolio include Global X PropTech ETF (PTEC), BlackRock Future Financial and Technology ETF (BPAY), Global X FinTech Thematic ETF (FINX), Franklin U.S. Low Volatility ETF (FLLV), WisdomTree U.S. Multifactor Fund (USMF), ALPS Disruptive Technologies ETF (DTEC), SPDR S&P Software & Services ETF (XSW) and AGF U.S. Market Neutral Anti-Beta Fund (BTAL).
Is Black Knight a good dividend stock?: Black Knight (NYSE:BKI) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 23.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BKI will have a dividend payout ratio of 16.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BKI.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.39%), Principal Financial Group Inc. (3.98%), London Co. of Virginia (2.31%), State Street Corp (2.24%), Geode Capital Management LLC (1.55%) and JPMorgan Chase & Co. (1.41%). 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 $75.76.
How much money does Black Knight make?: Black Knight (NYSE:BKI) has a market capitalization of $11.88 billion and generates $1.52 billion in revenue each year. The company earns $452.50 million in net income (profit) each year or $1.56 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 9/28/2023 by MarketBeat.com Staff

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