NYSE:BKIBlack Knight Stock Price, Forecast & News

$76.46

-0.64 (-0.83 %)

(As of 06/3/2020 11:24 AM ET)

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Today's Range

$76.36

Now: $76.46▼

$77.10

50-Day Range

$63.32

MA: $71.31▼

$76.98

52-Week Range

$50.01

Now: $76.46▼

$77.50

Volume4,970 shs

Average Volume735,104 shs

Market Capitalization$11.46 billion

P/E Ratio85.91

Dividend YieldN/A

Beta0.85

Black Knight, Inc. provides integrated software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals in the United States. Its Software Solutions segment offers software and hosting solutions comprises MSP, a software as a service application platform for mortgage and home equity loans that automates various areas of loan servicing; Bankruptcy / Foreclosure solutions for managing and automating a range of different workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors by automating billing and invoice process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit. This segments also provides LendingSpace, a lending platform that facilitates real-time communication between correspondent loan sellers and purchases; Exchange, a platform that provides an interconnected network of originators, agents, settlement services providers, and mortgage investors; and Expedite, a suite of products and services to automate and streamline internal business processes, as well as to manage compliance and enhance the application-to-close cycle; Servicing Digital solution that delivers information about the value of consumer's home and wealth that can be built from the underlying real estate asset; AIVA, an artificial intelligence virtual assistant; and Rapid Analytics platform, a cloud-based virtual analytics lab. The Data and Analytics segment include property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, prepayment and default 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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Black Knight has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $72.80, Black Knight has a potential downside of 4.8% from its current price of $76.46.
Amount of Analyst Coverage
Black Knight has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Black Knight has received 360 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Black Knight has received 308 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Black Knight has received 53.89% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Black Knight and other stocks. Vote “Outperform” if you believe BKI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BKI will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Black Knight insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,773,329.00 in company stock.
Percentage Held by Insiders
Only 4.40% of the stock of Black Knight is held by insiders.
Percentage Held by Institutions
89.50% of the stock of Black Knight is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Black Knight are expected to grow by 19.02% in the coming year, from $1.63 to $1.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Black Knight is 85.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Black Knight is 85.91, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 21.39.
Price to Earnings Growth Ratio
Black Knight has a PEG Ratio of 3.15. 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 6.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Prepackaged software

Sub-IndustryPaper Products

SectorBusiness Services

Current SymbolNYSE:BKI

Previous Symbol

CUSIP11825510

CIK1627014

Webwww.blackknightinc.com

Phone904-854-5100

Debt

Debt-to-Equity Ratio0.81

Current Ratio1.33

Quick Ratio1.33

Price-To-Earnings

Trailing P/E Ratio85.91

Forward P/E Ratio46.91

P/E Growth3.15

Sales & Book Value

Annual Sales$1.18 billion

Price / Sales9.74

Cash Flow$3.28 per share

Price / Cash Flow23.34

Book Value$12.68 per share

Price / Book6.03

Profitability

EPS (Most Recent Fiscal Year)$1.72

Net Income$108.80 million

Net Margins11.16%

Return on Equity13.80%

Return on Assets6.48%

Miscellaneous

Employees4,900

Outstanding Shares149,920,000

Market Cap$11.46 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Black Knight (NYSE:BKI) Frequently Asked Questions

How has Black Knight's stock been impacted by COVID-19 (Coronavirus)?

Black Knight's stock was trading at $63.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BKI shares have increased by 20.9% and is now trading at $76.46. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Black Knight?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Knight in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Black Knight.

When is Black Knight's next earnings date?

Black Knight is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Black Knight.

How were Black Knight's earnings last quarter?

Black Knight Inc (NYSE:BKI) announced its earnings results on Tuesday, May, 5th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.45 by $0.02. The firm earned $290.70 million during the quarter, compared to analysts' expectations of $286.59 million. Black Knight had a net margin of 11.16% and a return on equity of 13.80%. The business's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. View Black Knight's earnings history.

What guidance has Black Knight issued on next quarter's earnings?

Black Knight updated its FY20 earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of $1.90-1.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.99. The company issued revenue guidance of $1.16-1.18 billion, compared to the consensus revenue estimate of $1.19 billion.

What price target have analysts set for BKI?

12 brokers have issued 1-year price targets for Black Knight's stock. Their forecasts range from $61.00 to $85.00. On average, they expect Black Knight's stock price to reach $72.80 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Black Knight.

Has Black Knight been receiving favorable news coverage?

Press coverage about BKI stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Black Knight earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View the latest news aboutBlack Knight.

Are investors shorting Black Knight?

Black Knight saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,900,000 shares, an increase of 47.3% from the April 30th total of 1,290,000 shares. Based on an average daily volume of 968,600 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the company's stock are sold short. View Black Knight's Current Options Chain.

Who are some of Black Knight's key competitors?

Some companies that are related to Black Knight include International Paper (IP), Domtar (UFS), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT), Clearwater Paper (CLW) and Resolute Forest Products (RFP). View all competitors.

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 Southern (SO), Fidelity National Financial (FNF), General Electric (GE), Bank of America (BAC), Black Knight Financial Services (BKFS), Illumina (ILMN), Altria Group (MO), NVIDIA (NVDA), Roku (ROKU) and Square (SQ).

Who are Black Knight's key executives?

Black Knight's management team includes the following people:

Mr. William Patrick Foley II, Exec. Chairman (Age 74)
Mr. Joseph M. Nackashi, Pres (Age 55)
Mr. Kirk T. Larsen, Chief Financial Officer (Age 47)
Mr. Anthony Orefice, Exec. VP & COO (Age 58)
Mr. Anthony M. Jabbour, CEO & Director (Age 51)

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.55%), Principal Financial Group Inc. (6.33%), Wellington Management Group LLP (3.27%), State Street Corp (2.42%), Massachusetts Financial Services Co. MA (2.36%) and Wells Fargo & Company MN (1.64%). Company insiders that own Black Knight stock include Anthony M Jabbour, Anthony Orefice, Joseph M Nackashi, Kirk T Larsen, Richard N Massey and William P Foley II. View institutional ownership trends for Black Knight.

Which major investors are selling Black Knight stock?

BKI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., JPMorgan Chase & Co., Confluence Investment Management LLC, BlackRock Inc., Schroder Investment Management Group, Wells Fargo & Company MN, and Janus Henderson Group PLC. Company insiders that have sold Black Knight company stock in the last year include Kirk T Larsen, Richard N Massey, and William P Foley II. View insider buying and selling activity for Black Knight.

Which major investors are buying Black Knight stock?

BKI stock was bought by a variety of institutional investors in the last quarter, including London Co. of Virginia, Swiss National Bank, APG Asset Management N.V., APG Asset Management N.V., Sumitomo Mitsui Trust Holdings Inc., Massachusetts Financial Services Co. MA, Invesco Ltd., and Scout Investments Inc.. View insider buying and selling activity for Black Knight.

How do I buy shares of Black Knight?

Shares of BKI 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.

What is Black Knight's stock price today?

One share of BKI stock can currently be purchased for approximately $76.46.

How big of a company is Black Knight?

Black Knight has a market capitalization of $11.46 billion and generates $1.18 billion in revenue each year. The company earns $108.80 million in net income (profit) each year or $1.72 on an earnings per share basis. Black Knight employs 4,900 workers across the globe.

What is Black Knight's official website?

The official website for Black Knight is www.blackknightinc.com.

How can I contact Black Knight?

Black Knight's mailing address is 601 RIVERSIDE AVENUE, JACKSONVILLE FL, 32204. The company can be reached via phone at 904-854-5100 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff