Streetbeat News

BKI

Black Knight Inc

https://www.blackknightinc.com/

CEO

Anthony Jabbour

Employees

3,917

Industry

Software Publishers

leading provider of integrated software, data and analytics solutions across the homeownership life cycle.

Open

75.81

Mkt cap

12B

Volume

6.1M

High

75.87

P/E Ratio

47.96

52-wk high

75.99

Low

75.72

Div yield

N/A

52-wk low

53.15

The U.S. Federal Trade Commission (FTC) has secured a settlement with ICE and Black Knight over antitrust concerns in a mortgage technology deal. The details of the settlement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 6:28 pm

Intercontinental Exchange (ICE) and Black Knight (BKI) have entered into an agreement containing consent orders with the Bureau of Competition of the Federal Trade Commission regarding ICE's pending acquisition of Black Knight.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 8:33 am

The article lists five tech stocks that are considered overbought and may plunge this quarter. These include MicroCloud Hologram Inc. (NASDAQ:HOLO), Hollysys Automation Technologies Ltd. (NASDAQ:HOLI), Fabrinet (NYSE:FN), AppLovin Corporation (NASDAQ:APP), and Black Knight, Inc. (NYSE:BKI). The Relative Strength Index (RSI) of these stocks is above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 12:39 pm

The US housing market is facing an affordability crisis due to skyrocketing mortgage rates, which have reached a level unseen since April 2002. The average rate for a 30-year fixed loan is now 7.09%, up from 6.96% a week ago. This, combined with soaring home prices due to a severe inventory deficit, has resulted in housing affordability dropping to levels last seen in 1984. The scarcity of homes, rising expenses, and economic concerns have deterred potential buyers, causing a dip in sales of pre-owned homes. The Real Estate Select Sector SPDR Fund (NYSE:XLRE) has fallen 5% month-to-date.

Portfolio Pulse from Piero Cingari

August 17, 2023 | 7:28 pm

Third Point, a hedge fund, has acquired a stake of 445,000 shares in Black Knight Inc. (BKI).

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:36 pm

The U.S. Federal Trade Commission (FTC) has agreed to dismiss a federal court case to block the acquisition of Black Knight, Inc. (BKI) by Intercontinental Exchange Inc. (ICE). This follows the announced divestiture agreements for Black Knight's Optimal Blue and Empower loan origination system businesses. BKI shares are trading higher by 4.41% to $74.65, while ICE shares are trading higher by 1.53% to $115.74.

Portfolio Pulse from Nabaparna Bhattacharya

August 07, 2023 | 3:30 pm

Black Knight's shares are trading higher following the dismissal of an injunction that sought to block ICE's acquisition of the company.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:44 am

Intercontinental Exchange (ICE), Black Knight (BKI), and the Federal Trade Commission (FTC) have agreed to dismiss the preliminary injunction proceeding in the United States District Court that was seeking to block the close of ICE's previously announced acquisition of Black Knight.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:32 am

Black Knight (NYSE:BKI) reported Q2 earnings of $0.44 per share, missing the analyst consensus estimate of $0.50 by 12 percent. This is a 32.31 percent decrease from the same period last year. The company also reported quarterly sales of $368.20 million, missing the analyst consensus estimate of $376.17 million by 2.12 percent, a 6.67 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:01 pm

William Blair analyst Stephen Sheldon has downgraded Black Knight (NYSE:BKI) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 11:53 am

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