NYSE:BKI

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Black Knight's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.8%

NYSE:BKI

-0.2%

US IT

-1.0%

US Market


1 Year Return

18.6%

NYSE:BKI

21.4%

US IT

-0.4%

US Market

BKI matched the IT industry (19.5%) over the past year.

BKI outperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

BKIIndustryMarket
7 Day1.8%-0.2%-1.0%
30 Day-0.4%-2.0%-3.3%
90 Day10.7%6.8%0.4%
1 Year18.6%18.6%22.7%21.4%1.8%-0.4%
3 Yearn/a98.9%90.4%39.4%30.4%
5 Yearn/a139.7%115.5%54.2%37.1%

Price Volatility Vs. Market

How volatile is Black Knight's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Black Knight undervalued based on future cash flows and its price relative to the stock market?

58.61x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Black Knight's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Black Knight's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Black Knight is overvalued based on earnings compared to the US IT industry average.

Black Knight is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Black Knight is poor value based on expected growth next year.


Price Based on Value of Assets

Black Knight is overvalued based on assets compared to the US IT industry average.


Next Steps

Future Growth

How is Black Knight expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

20.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Black Knight's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

Black Knight's earnings are expected to grow significantly at over 20% yearly.

Black Knight's revenue growth is positive but not above the United States of America market average.

Black Knight's earnings growth is expected to exceed the United States of America market average.

Black Knight's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Black Knight is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Black Knight performed over the past 5 years?

63.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Black Knight has delivered over 20% year on year earnings growth in the past 5 years.

Black Knight's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Black Knight's 1-year earnings growth is negative, it can't be compared to the US IT industry average.


Return on Equity

Black Knight has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Black Knight used its assets less efficiently than the US IT industry average last year based on Return on Assets.


Return on Capital Employed

Black Knight has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Black Knight's financial position?


Financial Position Analysis

Black Knight is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Black Knight's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Black Knight's level of debt (90%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (164.2% vs 90% today).

Debt is well covered by operating cash flow (21.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

What is Black Knight's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Black Knight's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Black Knight's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Black Knight has not reported any payouts.

Unable to verify if Black Knight's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Black Knight has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Black Knight's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Black Knight's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Anthony Jabbour (51yo)

1.3yrs

Tenure

US$20,859,599

Compensation

Mr. Anthony M. Jabbour has been Chief Executive Officer of Black Knight Inc. since April 1, 2018 and Director since May 1, 2018. Mr. Jabbour has been Chief Executive Officer and Director of Dun & Bradstree ...


CEO Compensation Analysis

Anthony's remuneration is higher than average for companies of similar size in United States of America.

Insufficient data for Anthony to compare compensation growth.


Management Age and Tenure

2.1yrs

Average Tenure

55yo

Average Age

The tenure for the Black Knight management team is about average.


Board Age and Tenure

4.7yrs

Average Tenure

63yo

Average Age

The tenure for the Black Knight board of directors is about average.


Insider Trading

Black Knight individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$601,90019 Jun 19
Richard Massey
EntityIndividual
Role
Member of the Board of Directors
Shares10,000
Max PriceUS$60.19
SellUS$15,302,67513 Jun 19
William Foley
EntityIndividual
Role
Executive Chairman
Chairman of the Board
Shares250,000
Max PriceUS$61.21
SellUS$1,018,62020 May 19
Joseph Nackashi
EntityIndividual
Role
President
Shares18,000
Max PriceUS$56.59
SellUS$461,84509 May 19
Anthony Orefice
EntityIndividual
Role
Executive VP & COO (Leave of Absence)
Shares8,529
Max PriceUS$54.15
SellUS$811,80009 May 19
Anthony Orefice
EntityIndividual
Role
Executive VP & COO (Leave of Absence)
Shares15,000
Max PriceUS$54.12
BuyUS$999,96904 Dec 18
Anthony Jabbour
EntityIndividual
Role
CEO & Director
Member of the Board of Directors
Shares22,140
Max PriceUS$45.17
SellUS$50,491,36023 Aug 18
William Foley
EntityIndividual
Role
Executive Chairman
Chairman of the Board
Shares977,000
Max PriceUS$51.68

Ownership Breakdown


Management Team

  • Peter Carrara

    Chief Information Officer

    • Tenure: 0.1yrs
  • Tony Orefice (58yo)

    Executive VP & COO (Leave of Absence)

    • Tenure: 4.7yrs
    • Compensation: $3.37m
  • Bill Foley (74yo)

    Executive Chairman

    • Compensation: $12.10m
  • Robert Pinder

    Chief Compliance Officer

  • Michelle Kersch

    Chief Marketing Officer

  • Michele Meyers (39yo)

    Chief Accounting Officer & Treasurer

    • Tenure: 0.5yrs
  • Joseph Nackashi (55yo)

    President

    • Tenure: 2.1yrs
    • Compensation: $4.24m
  • Anthony Jabbour (51yo)

    CEO & Director

    • Tenure: 1.3yrs
    • Compensation: $20.86m
  • Mike Gravelle (57yo)

    Executive VP & General Counsel

    • Tenure: 4.7yrs
    • Compensation: $732.26k
  • Kirk Larsen (47yo)

    Executive VP & CFO

    • Tenure: 4.7yrs
    • Compensation: $2.89m

Board Members

  • Tom Hagerty (57yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: $225.99k
  • Bill Foley (74yo)

    Executive Chairman

    • Tenure: 4.7yrs
    • Compensation: $12.10m
  • Gnaneshwar Rao (42yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: $210.99k
  • Rick Massey (63yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: $252.49k
  • John Rood (64yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: $243.82k
  • David Hunt (73yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: $248.65k
  • Anthony Jabbour (51yo)

    CEO & Director

    • Tenure: 1.3yrs
    • Compensation: $20.86m

Company Information

Black Knight, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Black Knight, Inc.
  • Ticker: BKI
  • Exchange: NYSE
  • Founded: 2013
  • Industry: data processing and outsourced services
  • Sector: software
  • Market Cap: US$9.207b
  • Shares outstanding: 147.48m
  • Website: Click here

Number of Employees


Location

  • Black Knight, Inc.
  • 601 Riverside Avenue
  • Jacksonville
  • Florida
  • 32204
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKINYSE (New York Stock Exchange)YesNew Common SharesUSUSDOct 2017

Biography

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 segm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 00:45
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.