Korn/Ferry International (NYSE:KFY) Issues Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Key Points

• Korn/Ferry International reported a quarterly earnings of $1.31 per share, exceeding analyst expectations by $0.07.
• The company announced a quarterly dividend of $0.48 per share, resulting in an annualized yield of 2.6% for shareholders.
• Recent analyst ratings reflect mixed opinions, with a target price ranging from $74.00 to $88.00 and an average rating of "Moderate Buy."

Korn/Ferry International (NYSE:KFY - Get Free Report) posted its quarterly earnings data on Tuesday. The business services provider reported $1.31 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.07, Zacks reports. The business had revenue of $708.61 million during the quarter, compared to the consensus estimate of $688.72 million. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.Korn/Ferry International's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 earnings per share. Korn/Ferry International updated its Q2 2026 guidance to 1.230-1.33 EPS.

Korn/Ferry International Trading Down 3.6%

KFY traded down $2.73 during trading on Friday, reaching $72.34. 526,110 shares of the stock traded hands, compared to its average volume of 398,819. The company has a quick ratio of 1.83, a current ratio of 2.21 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.79 billion, a PE ratio of 15.36 and a beta of 1.49. The stock's 50-day moving average is $73.16 and its 200 day moving average is $69.00. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Friday, September 26th. This represents a $1.92 dividend on an annualized basis and a yield of 2.7%. Korn/Ferry International's dividend payout ratio is 40.76%.

Institutional Trading of Korn/Ferry International

A number of institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in shares of Korn/Ferry International by 12.7% during the 2nd quarter. Osaic Holdings Inc. now owns 9,828 shares of the business services provider's stock worth $723,000 after purchasing an additional 1,107 shares in the last quarter. Kestra Investment Management LLC boosted its position in shares of Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider's stock worth $42,000 after purchasing an additional 242 shares in the last quarter. Public Sector Pension Investment Board boosted its position in shares of Korn/Ferry International by 7.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 176,045 shares of the business services provider's stock worth $12,909,000 after purchasing an additional 12,474 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Korn/Ferry International by 332.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,529 shares of the business services provider's stock worth $479,000 after purchasing an additional 5,018 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in shares of Korn/Ferry International by 3.1% during the 2nd quarter. Corient Private Wealth LLC now owns 33,924 shares of the business services provider's stock worth $2,488,000 after purchasing an additional 1,019 shares in the last quarter. Institutional investors own 98.82% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on KFY. UBS Group decreased their price objective on Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating for the company in a report on Tuesday, May 27th. Wall Street Zen downgraded Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. Finally, Truist Financial increased their price objective on Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a report on Friday, June 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $81.00.

About Korn/Ferry International

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.