Intuit Company Profile (NASDAQ:INTU)

Intuit trades on the NASDAQ under the ticker symbol "INTU."

Intuit announced a quarterly dividend on Wednesday, August 23rd. Investors of record on Tuesday, October 10th will be given a dividend of $0.39 per share on Wednesday, October 18th. This represents a $1.56 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Friday, October 6th. This is a boost from Intuit's previous quarterly dividend of $0.34. View Intuit's Dividend History.

Intuit Inc. (NASDAQ:INTU) posted its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.03. The company had revenue of $842 million for the quarter, compared to analysts' expectations of $808.82 million. Intuit had a return on equity of 82.43% and a net margin of 18.76%. Intuit's revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter last year, the company posted $0.08 earnings per share. View Intuit's Earnings History.

Intuit is scheduled to release their next quarterly earnings announcement on Thursday, November, 16th 2017. View Earnings Estimates for Intuit.

Intuit updated its FY18 earnings guidance on Tuesday, August, 22nd. The company provided earnings per share guidance of $4.90-5.00 for the period, compared to the Thomson Reuters consensus estimate of $5.03. The company issued revenue guidance of $5.64-5.74 billion, compared to the consensus revenue estimate of $5.57 billion.Intuit also updated its Q1 guidance to $0.03-0.05 EPS.

17 brokers have issued 12 month target prices for Intuit's stock. Their predictions range from $114.00 to $157.00. On average, they expect Intuit's stock price to reach $140.33 in the next year. View Analyst Ratings for Intuit.

Here are some recent quotes from research analysts about Intuit stock:

• 1. According to Zacks Investment Research, "Intuit reported encouraging fourth-quarter fiscal 2017 results. Its revenue performance improved on a year-over-year basis, backed by better-than-expected growth in QuickBooks Online. The company also issued upbeat earnings guidance for the first quarter and fiscal 2018. We are optimistic on Intuit’s growing SMB exposure and believe that its strategic acquisitions will fortify this segment. Due to the continuously emerging new technologies and current market trends, cloud-based business and financial software solutions have been gaining momentum. As Intuit is already a market leader in this segment, the increased adoption helped it gain new customers, in turn, boosting the overall performance. Moreover, the company’s strategy of shifting its business to cloud-based subscription model will help generate more stable revenues over the long run. The stock has outperformed the industry in a year’s time." (8/28/2017)
• 2. UBS AG analysts commented, "F2Q17 adjusted EPS of $0.26 (+4% y/y) exceeded our estimate & 2/8/17 reduced guidance of $0.24 & $0.24-$0.25, but was shy of (not fully revised) $0.27E consensus. The tax season has started slow industrywide, prompting the lighter F2Q17. However, through mid-February TurboTax has maintained e-filed tax return share in the selfprepared channel, which is again taking share from assisted-preparation season-todate. Intuit maintained FY17 TurboTax segment revenue growth guidance of 6%-8%. It also reiterated all FY17 total company guidance, as its Small Business segment is trending favorably. F2Q17 QuickBooks Online (QBO) subscribers grew 49% y/y and Small Business Online Ecosystem revenue grew 30% y/y, a level we infer may persist in F2H17. We're increasing our target from $124 to $127 anticipating TurboTax finishes well/Small Business momentum persists." (2/24/2017)

Some companies that are related to Intuit include ServiceNow (NOW), Trimble Navigation (TRMB), CDK Global (CDK), Open Text Corporation (OTEX), The Sage Group plc (SGE), Tableau Software (DATA), Guidewire Software (GWRE), Paycom Software (PAYC), Pegasystems (PEGA), SolarWinds (SWI), Fair Isaac Corporation (FICO), RealPage (RP), Ringcentral (RNG), Ellie Mae (ELLI), HubSpot (HUBS), The Descartes Systems Group (DSGX), Envestnet (ENV) and Ebix (EBIX).

Intuit's management team includes the folowing people:

• Brad D. Smith, Chairman of the Board, President, Chief Executive Officer
• Raymond Neil Williams CPA, Chief Financial Officer, Executive Vice President
• Henry Tayloe Stansbury, Executive Vice President, Chief Technology Officer
• Laura A. Fennell J.D., Executive Vice President, General Counsel, Corporate Secretary
• Sasan K. Goodarzi, Executive Vice President, General Manager - Small Business Group
• Daniel A. Wernikoff, Executive Vice President, General Manager - Consumer Tax Group
• Mark J. Flournoy, Chief Accounting Officer, Vice President, Corporate Controller
• Colleen Jansento, Chief Marketing Officer
• Scott D. Cook, Chairman of the Executive Committee, Director
• Suzanne Nora Johnson J.D., Lead Independent Director

Intuit's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.56%), BlackRock Inc. (6.54%), Capital World Investors (6.35%), State Street Corp (4.06%), TIAA CREF Investment Management LLC (1.87%) and Bank of New York Mellon Corp (1.77%). Company insiders that own Intuit stock include Brad D Smith, Daniel A Wernikoff, Dennis D Powell, Diane B Greene, Henry Tayloe Stansbury, Johnson Suzanne M Nora, Laura A Fennell, Mark J Flournoy, R Neil Williams, Sasan K Goodarzi and Scott D Cook. View Institutional Ownership Trends for Intuit.

Intuit's stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, AJO LP, FMR LLC, Bank of New York Mellon Corp, Westpac Banking Corp, Capital Research Global Investors, BlackRock Inc. and Winslow Capital Management LLC. Company insiders that have sold Intuit stock in the last year include Brad D Smith, Daniel A Wernikoff, Dennis D Powell, Henry Tayloe Stansbury, Laura A Fennell, Mark J Flournoy, R Neil Williams, Sasan K Goodarzi and Scott D Cook. View Insider Buying and Selling for Intuit.

Intuit's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Koch Industries Inc., Fundsmith LLP, Old Mutual Global Investors UK Ltd., Harbour Capital Advisors LLC, BT Investment Management Ltd, Wells Fargo & Company MN and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Intuit.

Shares of Intuit can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Intuit stock can currently be purchased for approximately $143.80.