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.
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Black Knight's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BKI exceeded the US IT industry which returned -10.1% over the past year.
Return vs Market: BKI exceeded the US Market which returned -15.9% over the past year.
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
1 week ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Black Knight, Inc. (NYSE:BKI)
1 week ago | Simply Wall StBlack Knight, Inc.’s (NYSE:BKI) Investment Returns Are Lagging Its Industry
3 weeks ago | Simply Wall StShould You Be Concerned About Black Knight, Inc.'s (NYSE:BKI) ROE?
Is Black Knight undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKI ($57.85) is trading above our estimate of fair value ($54.52)
Significantly Below Fair Value: BKI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKI is poor value based on its PE Ratio (78.5x) compared to the IT industry average (22.7x).
PE vs Market: BKI is poor value based on its PE Ratio (78.5x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: BKI is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: BKI is overvalued based on its PB Ratio (4.5x) compared to the US IT industry average (2.7x).
How is Black Knight forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKI's forecast earnings growth (36.1% per year) is above the savings rate (1.7%).
Earnings vs Market: BKI's earnings (36.1% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BKI's revenue (4.6% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: BKI's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKI's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Black Knight performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKI has high quality earnings.
Growing Profit Margin: BKI's current net profit margins (9.2%) are lower than last year (15.1%).
Past Earnings Growth Analysis
Earnings Trend: BKI's earnings have grown significantly by 45.6% per year over the past 5 years.
Accelerating Growth: BKI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKI had negative earnings growth (-35.4%) over the past year, making it difficult to compare to the IT industry average (13.7%).
Return on Equity
High ROE: BKI's Return on Equity (5.7%) is considered low.
How is Black Knight's financial position?
Financial Position Analysis
Short Term Liabilities: BKI's short term assets ($255.5M) do not cover its short term liabilities ($260.8M).
Long Term Liabilities: BKI's short term assets ($255.5M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: BKI's debt to equity ratio (81.7%) is considered high.
Reducing Debt: BKI's debt to equity ratio has reduced from 164.9% to 81.7% over the past 5 years.
Debt Coverage: BKI's debt is well covered by operating cash flow (24.4%).
Interest Coverage: BKI's interest payments on its debt are well covered by EBIT (4.7x coverage).
Inventory Level: BKI has a low level of unsold assets or inventory.
Debt Coverage by Assets: BKI's debt is not covered by short term assets (assets are 0.2x debt).
What is Black Knight's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BKI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BKI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BKI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BKI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BKI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anthony Jabbour (51yo)
Mr. Anthony M. Jabbour has been Chief Executive Officer of Black Knight Inc. since April 1, 2018 and Director since May 1, 2018. Mr. Jabbour has been Chief Executive Officer and Director of Dun & Bradstree ...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD20.86M) is above average for companies of similar size in the US market ($USD7.67M).
Compensation vs Earnings: Insufficient data to compare Anthony's compensation with company performance.
|CEO & Director||2yrs||US$20.86m||0.41% $35.3m|
|Executive VP & CFO||5.33yrs||US$2.89m||0.30% $25.6m|
|Executive VP & COO (Leave of Absence)||5.33yrs||US$3.37m||0.071% $6.1m|
|Chief Accounting Officer & Treasurer||1.17yrs||no data||0.014% $1.2m|
|Chief Information Officer||0.75yr||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP & General Counsel||5.33yrs||US$732.26k||0.097% $8.3m|
|Chief Compliance Officer||no data||no data||no data|
|Chief Marketing Officer||no data||no data||no data|
Experienced Management: BKI's management team is considered experienced (2.8 years average tenure).
|CEO & Director||2yrs||US$20.86m||0.41% $35.3m|
|Independent Director||5.33yrs||US$225.99k||0.028% $2.4m|
|Independent Director||5.33yrs||US$210.99k||0.0027% $234.6k|
|Independent Director||5.33yrs||US$252.49k||0.047% $4.1m|
|Independent Director||5.33yrs||US$243.82k||0.049% $4.2m|
|Independent Director||5.33yrs||US$248.65k||0.041% $3.5m|
|Director||0.33yr||no data||0.0018% $152.4k|
Experienced Board: BKI's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BKI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Black Knight, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Black Knight, Inc.
- Ticker: BKI
- Exchange: NYSE
- Founded: 2013
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$8.562b
- Shares outstanding: 148.00m
- Website: https://www.blackknightinc.com
Number of Employees
- Black Knight, Inc.
- 601 Riverside Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BKI||NYSE (New York Stock Exchange)||Yes||New Common Shares||US||USD||Oct 2017|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 08:52|
|End of Day Share Price||2020/04/03 00:00|
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.