Intuit Company Profile (NASDAQ:INTU)

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

Intuit declared a quarterly dividend on Thursday, May 25th. Shareholders of record on Monday, July 10th will be paid a dividend of $0.34 per share on Tuesday, July 18th. This represents a $1.36 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, July 6th. View Intuit's Dividend History.

Intuit Inc. (NASDAQ:INTU) announced its quarterly earnings results on Tuesday, May, 23rd. The company reported $3.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.87 by $0.03. The business earned $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Intuit had a net margin of 17.82% and a return on equity of 80.88%. Intuit's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the company posted $3.43 earnings per share. View Intuit's Earnings History.

Intuit is scheduled to release their next quarterly earnings announcement on Tuesday, August, 22nd 2017. View Earnings Estimates for Intuit.

Intuit updated its fourth quarter earnings guidance on Tuesday, May, 23rd. The company provided earnings per share (EPS) guidance of $0.16-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.15. The company issued revenue guidance of $795-815 million, compared to the consensus revenue estimate of $782.18 million.

15 equities research analysts have issued 1 year target prices for Intuit's stock. Their forecasts range from $105.00 to $150.00. On average, they expect Intuit's stock price to reach $134.86 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 third-quarter fiscal 2017 results. Its revenue performance improved on a year-over-year basis due to better-than-expected growth in QuickBooks Online. The company also issued encouraging earnings guidance for the fiscal fourth quarter and raised its fiscal 2017 guidance. We are positive about Intuit’s growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. The company has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which might hurt its near-term profitability. Nonetheless, rising competition from payroll solution providers such as Paycom Software and Automatic Data Processing is a concern, especially considering the seasonality of Intuit’s tax business and the ongoing economic uncertainty." (5/29/2017)
• 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), SolarWinds (SWI), Fair Isaac Corporation (FICO), Pegasystems (PEGA), Paycom Software (PAYC), 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 a variety of of retail and institutional investors. Top institutional investors 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, Edward A Kangas, Henry Tayloe Stansbury, Johnson Suzanne M Nora, Laura A Fennell, Mark J Flournoy, R Neil Williams and Sasan K Goodarzi. 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 and Sasan K Goodarzi. 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 $134.11.