NASDAQ:FORTY Formula Systems (1985) (FORTY) Stock Forecast, Price & News $68.04 +2.63 (+4.02%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$66.92▼$68.0450-Day Range$60.67▼$73.0252-Week Range$60.29▼$110.42Volume715 shsAverage Volume533 shsMarket Capitalization$1.04 billionP/E Ratio13.03Dividend Yield1.31%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesShort InterestSocial Media About Formula Systems (1985) (NASDAQ:FORTY) StockFormula Systems (1985) Ltd. engages in the provision of software solutions and IT professional services. It operates through the following segments: Matrix, Sapiens, Magic Software, and Other. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.Read More Receive FORTY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Formula Systems (1985) and its competitors with MarketBeat's FREE daily newsletter. Email Address FORTY Stock News HeadlinesMay 31, 2023 | americanbankingnews.comFormula Systems (1985) Ltd. (NASDAQ:FORTY) Plans $0.45 Semi-Annual DividendMay 26, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Trading 2.1% Higher After Dividend AnnouncementJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 25, 2023 | msn.comFormula Systems (1985) - ADR (FORTY) Declares $0.62 DividendMay 25, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Shares Gap Down to $72.02May 23, 2023 | finance.yahoo.comFormula Systems Reports First Quarter 2023 Financial Results: Revenues for the First Quarter Increased by 3% Year Over Year to a Record-Breaking $670.4 MillionMay 18, 2023 | investopedia.comBlack-Scholes Model: What It Is, How It Works, Options FormulaMay 17, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Sees Strong Trading VolumeJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 5, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Shares Gap Up to $63.90May 3, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Sees Large Volume IncreaseApril 29, 2023 | msn.comFormula 1's New Sprint Format Adds NothingApril 25, 2023 | seekingalpha.comFORTY Formula Systems (1985) Ltd.April 20, 2023 | msn.comMost Groundbreaking Video Games That Changed The IndustryApril 20, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Reaches New 12-Month Low at $60.29March 30, 2023 | msn.comBuilt on a $268m Lie? Trump Tower Fraud Goes Back 40 Years, Claims ReportMarch 29, 2023 | americanbankingnews.comFormula Systems (1985) (NASDAQ:FORTY) Shares Gap Up to $67.40March 18, 2023 | benzinga.comFormula Systems Reports Fourth Quarter and Full...March 16, 2023 | msn.comThe Future of Social Security: Look at History to Find SolutionsMarch 16, 2023 | finance.yahoo.comFormula Systems Reports Fourth Quarter and Full Year 2022 Financial Results with Record-Breaking Full Year 2022 Results Recorded Across All Key Financial Indices (Revenues, Gross Profit, Operating Income and Net Income)February 16, 2023 | msn.comMost health claims about infant formula have no scientific basisFebruary 15, 2023 | markets.businessinsider.comMarkets may be in for an 'enormous shock' as the Fed could have to kick up interest rates to a 40-year high to fight inflation, strategist saysFebruary 11, 2023 | yahoo.comFormer Formula E team lead announces new electric car racing seriesJanuary 27, 2023 | mirror.co.ukMax Verstappen confusion prompts FIA to change F1 points system rulesJanuary 12, 2023 | msn.comFIA pressing ahead with plans for a 12-team Formula 1 gridNovember 17, 2022 | finanznachrichten.deFormula Systems (1985) Ltd.: Formula Systems Reports Third Quarter and Nine Months 2022 Financial ResultsNovember 17, 2022 | finance.yahoo.comFormula Systems Reports Third Quarter and Nine Months 2022 Financial ResultsSee More Headlines FORTY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FORTY Company Calendar Last Earnings3/16/2023Ex-Dividend for 6/22 Dividend6/02/2023Today6/06/2023Dividend Payable6/22/2023Next Earnings (Estimated)8/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:FORTY CUSIPN/A CIK1045986 Webwww.formulasystems.com Phone(723) 538-9389Fax972-3538-9645Employees22,059Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$5.22 Trailing P/E Ratio13.03 Forward P/E RatioN/A P/E GrowthN/ANet Income$81.39 million Net Margins3.13% Pretax Margin9.89% Return on Equity6.92% Return on Assets2.98% Debt Debt-to-Equity Ratio0.32 Current Ratio1.35 Quick Ratio1.31 Sales & Book Value Annual Sales$2.59 billion Price / Sales0.40 Cash Flow$12.91 per share Price / Cash Flow5.27 Book Value$76.95 per share Price / Book0.88Miscellaneous Outstanding Shares15,294,000Free Float11,730,000Market Cap$1.04 billion OptionableNot Optionable Beta1.04 Key ExecutivesGuy Shimon BernsteinChief Executive OfficerMaya Solomon EllaChief Operational OfficerAsaf BerensteinChief Financial OfficerEyal WeitzmanInternal AuditorKey CompetitorsPROSNYSE:PROPerion NetworkNASDAQ:PERIPerficientNASDAQ:PRFTEndavaNYSE:DAVASabreNASDAQ:SABRView All CompetitorsInstitutional OwnershipUBS Group AGSold 462 shares on 5/12/2023Ownership: 0.004%Altshuler Shaham LtdBought 254 shares on 5/9/2023Ownership: 0.088%View All Institutional Transactions FORTY Stock - Frequently Asked Questions How have FORTY shares performed in 2023? Formula Systems (1985)'s stock was trading at $70.89 at the start of the year. Since then, FORTY stock has decreased by 4.0% and is now trading at $68.0357. View the best growth stocks for 2023 here. Are investors shorting Formula Systems (1985)? Formula Systems (1985) saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,000 shares, a decrease of 16.7% from the April 30th total of 1,200 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.0% of the company's shares are sold short. View Formula Systems (1985)'s Short Interest. When is Formula Systems (1985)'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023. View our FORTY earnings forecast. How were Formula Systems (1985)'s earnings last quarter? Formula Systems (1985) Ltd. (NASDAQ:FORTY) issued its earnings results on Thursday, March, 16th. The technology company reported $1.00 earnings per share for the quarter. The technology company earned $633.88 million during the quarter. Formula Systems (1985) had a trailing twelve-month return on equity of 6.92% and a net margin of 3.13%. How often does Formula Systems (1985) pay dividends? What is the dividend yield for Formula Systems (1985)? Formula Systems (1985) announced a Semi-Annual dividend on Tuesday, May 23rd. Shareholders of record on Monday, June 5th will be given a dividend of $0.446 per share on Thursday, June 22nd. This represents a dividend yield of 1.5%. The ex-dividend date is Friday, June 2nd. Read our dividend analysis for FORTY. Is Formula Systems (1985) a good dividend stock? Formula Systems (1985) (NASDAQ:FORTY) pays an annual dividend of $0.89 per share and currently has a dividend yield of 1.30%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for FORTY. What is Formula Systems (1985)'s stock symbol? Formula Systems (1985) trades on the NASDAQ under the ticker symbol "FORTY." Who are Formula Systems (1985)'s major shareholders? Formula Systems (1985)'s stock is owned by a variety of institutional and retail investors. Top institutional investors include Altshuler Shaham Ltd (0.09%) and UBS Group AG (0.00%). How do I buy shares of Formula Systems (1985)? Shares of FORTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Formula Systems (1985)'s stock price today? One share of FORTY stock can currently be purchased for approximately $68.04. How much money does Formula Systems (1985) make? Formula Systems (1985) (NASDAQ:FORTY) has a market capitalization of $1.04 billion and generates $2.59 billion in revenue each year. The technology company earns $81.39 million in net income (profit) each year or $5.22 on an earnings per share basis. How many employees does Formula Systems (1985) have? The company employs 22,059 workers across the globe. How can I contact Formula Systems (1985)? Formula Systems (1985)'s mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The official website for the company is www.formulasystems.com. The technology company can be reached via phone at (723) 538-9389, via email at ir@formula.co.il, or via fax at 972-3538-9645. This page (NASDAQ:FORTY) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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