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Black Knight
Type
Financial services
Traded as NYSE: BKI
Russell 1000 Component
Founded Florida, USA
October 27th, 2014
Headquarters 601 Riverside Avenue, Jacksonville, Florida, USA
Key people
William P. Foley II, Chairman
Tom Sanzone, CEO
Anthony Orefice, EVP and COO
Kirk T Larsen, EVP and CFO
Shelley Leonard, EVP and CPO
Website bkfs.com

Black Knight, Inc., formerly known as Black Knight Financial Services, is an American corporation that provides integrated technology, services, data and analytics solutions to the mortgage and real estate industries. On January 3, 2014, Fidelity National Financial acquired Lender Processing Services (LPS) and renamed it to Black Knight Financial Services. On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight (NYSE: BKI).

The company, then known as LPS, was incorporated in 2007. It once served as the mortgage business segment of Fidelity National Information Services, spinning off in 2008 to become a fully independent, publicly traded company on the New York Stock Exchange, trading under the symbol LPS Jeffery Carbiener, Executive Vice President and Chief Financial Officer of Fidelity National Information Services at the time of the divide, became the first President and Chief Executive Officer of LPS.

On March 14, 2011, the Company's subsidiary, LPS Mortgage Processing Solutions, Inc., acquired PCLender.com, Inc. (PCLender.com). In May 2012, Constellation Software Inc. acquired the assets of the Local Government Solutions division of the Company. In July 2012, the Company acquired LendingSpace, a provider of mortgage loan origination software solutions.

On October 5, 2011, LPS named Hugh Harris President and CEO. Prior to coming to LPS, Harris served as President of the Financial Services Technology division at Fidelity National Financial and Fidelity National Information Services. Before joining Fidelity National Financial, Harris was President and CEO of HomeSide Lending, Inc., where he was responsible for one of the world's largest full-service mortgage companies.

On January 3, 2014 LPS was renamed Black Knight Financial Services after being acquired by Fidelity National Financial, which was ranked #314 among Fortune 500 Companies in 2015. LPS product offerings support origination, servicing, portfolio retention and default servicing. LPS' servicing solutions include MSP, a loan-servicing platform, which is used to service approximately 50 percent of all U.S. mortgages by dollar volume. The company also provides proprietary data and analytics for the mortgage, real estate and capital markets industries. LPS was a Fortune 500 company headquartered in Jacksonville, Florida, employing approximately 8,000 professionals, although this number diminished significantly with the vast amount of layoffs occurring within the company after becoming Black Knight.

On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight and began trading under the NYSE symbol BKI (NYSE: BKI).

News

Black Knight Financial Services, Inc. (technology)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-05-17 Reiterated Rating Bank of America Buy
2016-05-17 Reiterated Rating Bank of America Corp. Buy
2016-03-27 Reiterated Rating Wells Fargo Buy
2016-03-27 Reiterated Rating Wells Fargo & Co. Buy
2016-02-16 Lower Price Target Keefe, Bruyette & Woods Market Perform $36.00 to $33.00
2016-02-12 Lower Price Target Barclays Overweight $39.00 to $35.00
2016-02-12 Lower Price Target Barclays PLC Overweight $39.00 to $35.00
2016-02-11 Reiterated Rating Piper Jaffray Overweight $41.00 to $37.00
2016-02-11 Reiterated Rating Piper Jaffray Cos. Overweight $41.00 to $37.00
2016-01-13 Upgrade Banc of America Sec Neutral to Buy
2016-01-13 Upgrade Bank of America Neutral to Buy $37.00
2015-11-10 Downgrade Monness Crespi & Hardt Buy to Neutral
2015-10-29 Boost Price Target Barclays Overweight $36.00 to $39.00
2015-10-28 Boost Price Target SunTrust $40.00 to $43.00
2015-10-28 Boost Price Target Mizuho Neutral $30.00 to $34.00
2015-10-28 Boost Price Target SunTrust Banks Inc. $40.00 to $43.00
2015-09-16 Initiated Coverage Oppenheimer Market Perform
2015-09-16 Initiated Coverage Oppenheimer Holdings Inc. Market Perform
2015-08-14 Boost Price Target JPMorgan Chase & Co. $35.00 to $39.00
2015-08-04 Reiterated Rating Piper Jaffray Overweight $33.00 to $35.00
2015-08-03 Boost Price Target Keefe, Bruyette & Woods Market Perform $31.00 to $32.00
2015-08-02 Reiterated Rating Barclays Buy
2015-07-31 Boost Price Target Barclays Overweight $33.00 to $36.00
2015-06-30 Initiated Coverage Mizuho Neutral $30.00
2015-06-29 Reiterated Rating Piper Jaffray Overweight $33.00
2015-06-29 Reiterated Rating Deutsche Bank Hold $32.00
2015-06-29 Initiated Coverage JPMorgan Chase & Co. Overweight $35.00
2015-06-29 Initiated Coverage Keefe, Bruyette & Woods Market Perform $31.00
2015-06-29 Initiated Coverage SunTrust Buy $36.00
2015-06-29 Initiated Coverage Stephens Equal Weight $34.00
2015-06-29 Initiated Coverage Goldman Sachs Neutral $30.00
2015-06-29 Initiated Coverage Citigroup Inc. Neutral
2015-06-29 Initiated Coverage Bank of America Neutral $33.00
2015-06-29 Initiated Coverage Monness Crespi & Hardt Buy $36.00
2015-06-29 Initiated Coverage Knight Equity Neutral
2015-06-29 Reiterated Rating Deutsche Bank AG Hold $32.00
2015-06-29 Initiated Coverage Goldman Sachs Group Inc. Neutral $30.00
2015-06-15 Initiated Coverage Barclays Overweight $33.00
2015-06-15 Initiated Coverage Piper Jaffray Overweight $33.00
2016-05-17 Reiterated Rating Bank of America Buy
2016-05-17 Reiterated Rating Bank of America Corp. Buy
2016-03-27 Reiterated Rating Wells Fargo Buy
2016-03-27 Reiterated Rating Wells Fargo & Co. Buy
2016-02-16 Lower Price Target Keefe, Bruyette & Woods Market Perform $36.00 to $33.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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