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S&P 500   4,283.85
DOW   33,573.28
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High Dividend REITs: Are They an Ideal Way to Diversify?
NOTICE: Your retirement is in immediate danger (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
NOTICE: Your retirement is in immediate danger (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
NOTICE: Your retirement is in immediate danger (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
NOTICE: Your retirement is in immediate danger (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
NOTICE: Your retirement is in immediate danger (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
NOTICE: Your retirement is in immediate danger (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NASDAQ:FORTY

Formula Systems (1985) (FORTY) Stock Forecast, Price & News

$68.04
+2.63 (+4.02%)
(As of 06/6/2023 ET)
Compare
Today's Range
$66.92
$68.04
50-Day Range
$60.67
$73.02
52-Week Range
$60.29
$110.42
Volume
715 shs
Average Volume
533 shs
Market Capitalization
$1.04 billion
P/E Ratio
13.03
Dividend Yield
1.31%
Price Target
N/A

FORTY stock logo

About Formula Systems (1985) (NASDAQ:FORTY) Stock

Formula 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.

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FORTY Stock News Headlines

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There'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.
BREAKING: Tiny biotech successfully treats blindness
There'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.
FORTY Formula Systems (1985) Ltd.
Formula Systems (1985) (NASDAQ:FORTY) Shares Gap Up to $67.40
See More Headlines

FORTY Price History

FORTY Company Calendar

Last Earnings
3/16/2023
Ex-Dividend for 6/22 Dividend
6/02/2023
Today
6/06/2023
Dividend Payable
6/22/2023
Next Earnings (Estimated)
8/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:FORTY
Employees
22,059
Year Founded
N/A

Profitability

Net Income
$81.39 million
Pretax Margin
9.89%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$12.91 per share
Book Value
$76.95 per share

Miscellaneous

Free Float
11,730,000
Market Cap
$1.04 billion
Optionable
Not Optionable
Beta
1.04

Key Executives

  • Guy Shimon Bernstein
    Chief Executive Officer
  • Maya Solomon Ella
    Chief Operational Officer
  • Asaf Berenstein
    Chief Financial Officer
  • Eyal Weitzman
    Internal Auditor













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

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