Wall Street analysts expect Black Knight Financial Services, Inc. (NYSE:BKFS) to report earnings per share (EPS) of $0.32 for the current quarter, Zacks reports. Six analysts have issued estimates for Black Knight Financial Services’ earnings. The lowest EPS estimate is $0.31 and the highest is $0.33. Black Knight Financial Services posted earnings per share of $0.29 during the same quarter last year, which indicates a positive year-over-year growth rate of 10.3%. The business is scheduled to issue its next earnings results after the market closes on Wednesday, July 19th.

According to Zacks, analysts expect that Black Knight Financial Services will report full-year earnings of $1.32 per share for the current fiscal year, with EPS estimates ranging from $1.32 to $1.34. For the next financial year, analysts forecast that the company will post earnings of $1.57 per share, with EPS estimates ranging from $1.54 to $1.61. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Black Knight Financial Services.

Black Knight Financial Services (NYSE:BKFS) last issued its quarterly earnings results on Wednesday, May 3rd. The technology company reported $0.30 EPS for the quarter, hitting analysts’ consensus estimates of $0.30. Black Knight Financial Services had a return on equity of 7.76% and a net margin of 4.46%. The company had revenue of $259.50 million during the quarter, compared to analyst estimates of $256.46 million. During the same period in the previous year, the company earned $0.27 earnings per share. The company’s quarterly revenue was up 6.3% compared to the same quarter last year.

BKFS has been the subject of several research analyst reports. Wedbush reiterated an “outperform” rating and set a $44.00 target price on shares of Black Knight Financial Services in a research note on Monday, March 13th. Zacks Investment Research upgraded Black Knight Financial Services from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Monday, May 8th. TheStreet upgraded Black Knight Financial Services from a “c” rating to a “b-” rating in a research note on Friday, May 19th. Finally, BidaskClub upgraded Black Knight Financial Services from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Black Knight Financial Services presently has an average rating of “Buy” and an average target price of $41.00.

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Shares of Black Knight Financial Services (NYSE BKFS) traded down 0.36% on Tuesday, hitting $40.95. The stock had a trading volume of 116,706 shares. The stock’s 50-day moving average price is $39.26 and its 200 day moving average price is $38.49. Black Knight Financial Services has a 52 week low of $34.00 and a 52 week high of $42.20. The company has a market cap of $2.78 billion, a PE ratio of 59.35 and a beta of 0.74.

In related news, CEO Thomas J. Sanzone sold 30,000 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $39.17, for a total value of $1,175,100.00. Following the completion of the sale, the chief executive officer now directly owns 871,990 shares in the company, valued at approximately $34,155,848.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director H. Lee Equity Fund Vi Thomas sold 750,000 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $41.90, for a total value of $31,425,000.00. The disclosure for this sale can be found here. Insiders sold a total of 870,000 shares of company stock valued at $36,068,700 over the last 90 days. 30.91% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in Black Knight Financial Services during the fourth quarter valued at about $13,390,000. State Board of Administration of Florida Retirement System increased its stake in Black Knight Financial Services by 5.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 22,160 shares of the technology company’s stock valued at $838,000 after buying an additional 1,070 shares during the period. Stifel Financial Corp increased its stake in Black Knight Financial Services by 16.1% in the first quarter. Stifel Financial Corp now owns 44,163 shares of the technology company’s stock valued at $1,691,000 after buying an additional 6,124 shares during the period. Russell Investments Group Ltd. purchased a new stake in Black Knight Financial Services during the fourth quarter valued at about $679,000. Finally, Caldera Capital LLC purchased a new stake in Black Knight Financial Services during the first quarter valued at about $590,000.

About Black Knight Financial Services

Black Knight Financial Services, Inc is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.

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