William Blair Analysts Increase Earnings Estimates for TYL

Tyler Technologies, Inc. (NYSE:TYL - Free Report) - Research analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for Tyler Technologies in a note issued to investors on Thursday, April 24th. William Blair analyst J. Ho now expects that the technology company will post earnings per share of $8.62 for the year, up from their prior forecast of $8.51. The consensus estimate for Tyler Technologies' current full-year earnings is $8.52 per share. William Blair also issued estimates for Tyler Technologies' Q1 2026 earnings at $2.33 EPS, Q4 2026 earnings at $2.54 EPS and FY2026 earnings at $9.86 EPS.

Tyler Technologies (NYSE:TYL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The technology company reported $2.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.56 by $0.22. Tyler Technologies had a return on equity of 10.15% and a net margin of 12.30%. The company had revenue of $562.43 million during the quarter, compared to the consensus estimate of $556.45 million. During the same period last year, the company earned $2.20 earnings per share. The firm's revenue was up 10.3% compared to the same quarter last year.

Several other equities research analysts have also recently commented on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $750.00 target price on shares of Tyler Technologies in a research note on Thursday, April 24th. Robert W. Baird reduced their price objective on Tyler Technologies from $785.00 to $700.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Piper Sandler reduced their price objective on Tyler Technologies from $747.00 to $708.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Barclays reduced their price objective on Tyler Technologies from $700.00 to $695.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Finally, StockNews.com raised Tyler Technologies from a "hold" rating to a "buy" rating in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $674.67.

Tyler Technologies Trading Down 0.1 %

NYSE TYL traded down $0.60 during trading hours on Monday, hitting $542.71. 100,595 shares of the company's stock were exchanged, compared to its average volume of 283,773. The stock has a 50-day simple moving average of $571.58 and a 200 day simple moving average of $592.73. Tyler Technologies has a 1-year low of $452.57 and a 1-year high of $661.31. The firm has a market cap of $23.40 billion, a price-to-earnings ratio of 89.56, a PEG ratio of 4.93 and a beta of 0.84. The company has a current ratio of 1.35, a quick ratio of 1.21 and a debt-to-equity ratio of 0.18.

Insiders Place Their Bets

In other news, insider John S. Marr, Jr. sold 6,000 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $619.00, for a total value of $3,714,000.00. Following the completion of the transaction, the insider now directly owns 6,983 shares in the company, valued at approximately $4,322,477. This trade represents a 46.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian K. Miller sold 1,550 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $613.58, for a total transaction of $951,049.00. Following the completion of the transaction, the chief financial officer now owns 14,026 shares of the company's stock, valued at $8,606,073.08. This trade represents a 9.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,064 shares of company stock worth $8,688,030 over the last quarter. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tyler Technologies

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Tyler Technologies by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 5,310,401 shares of the technology company's stock worth $3,062,190,000 after acquiring an additional 62,420 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Tyler Technologies by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 1,136,734 shares of the technology company's stock worth $654,406,000 after acquiring an additional 27,826 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Tyler Technologies by 7.9% during the fourth quarter. Franklin Resources Inc. now owns 984,615 shares of the technology company's stock worth $567,768,000 after acquiring an additional 71,869 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Tyler Technologies by 3.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 939,373 shares of the technology company's stock worth $541,680,000 after buying an additional 35,198 shares during the period. Finally, Norges Bank purchased a new position in shares of Tyler Technologies in the fourth quarter worth $528,465,000. 93.30% of the stock is currently owned by institutional investors.

About Tyler Technologies

Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.