Korn/Ferry International (NYSE:KFY) Declares $0.48 Quarterly Dividend

Key Points

• Korn/Ferry International declared a quarterly dividend of $0.48 per share, which will be distributed to shareholders on October 15th.
• The company has a dividend payout ratio of 32.9%, indicating that earnings can comfortably cover the dividend payments.
• Analysts have mixed opinions on the stock, with a target price range between $74.00 and $88.00; the current average rating is "Moderate Buy."

Korn/Ferry International (NYSE:KFY - Get Free Report) announced a quarterly dividend on Monday, September 8th, RTT News reports. Shareholders of record on Friday, September 26th will be paid a dividend of 0.48 per share by the business services provider on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 2.6%.

Korn/Ferry International has a dividend payout ratio of 32.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Korn/Ferry International to earn $5.37 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 35.8%.

Korn/Ferry International Stock Down 0.8%

NYSE KFY traded down $0.61 during mid-day trading on Monday, reaching $72.62. 720,622 shares of the company's stock traded hands, compared to its average volume of 291,912. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.64. The company has a fifty day simple moving average of $73.22 and a 200-day simple moving average of $68.79. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 15.72 and a beta of 1.49.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The business services provider reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.06. The firm had revenue of $712.05 million during the quarter, compared to analyst estimates of $690.07 million. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.Korn/Ferry International's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 EPS. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. As a group, equities research analysts expect that Korn/Ferry International will post 4.75 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Truist Financial lifted their target price on Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a research note on Friday, June 20th. UBS Group dropped their price objective on Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 27th. Finally, Wall Street Zen cut Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.00.

Korn/Ferry International Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.

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