Jack Henry & Associates - JKHY Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jack Henry & Associates in the last twelve months. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" JKHY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JKHY, but not buy additional shares or sell existing shares.
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8 brokers have issued twelve-month price targets for Jack Henry & Associates' shares. Their JKHY share price forecasts range from $162.00 to $210.00. On average, they predict the company's share price to reach $184.00 in the next year. This suggests that the stock has a possible downside of 2.4%.
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Jack Henry & Associates' stock was trading at $166.99 on January 1st, 2022. Since then, JKHY shares have increased by 12.9% and is now trading at $188.58.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
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Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced its quarterly earnings data on Tuesday, August, 16th. The technology company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.10. The technology company earned $482.67 million during the quarter, compared to the consensus estimate of $480.30 million. Jack Henry & Associates had a trailing twelve-month return on equity of 26.99% and a net margin of 18.68%. The company's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.04 EPS.
Read the conference call transcript.

Jack Henry & Associates declared a quarterly dividend on Monday, August 22nd. Stockholders of record on Friday, September 9th will be paid a dividend of $0.49 per share on Thursday, September 29th. This represents a $1.96 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, September 8th.
Read our dividend analysis for JKHY.

Jack Henry & Associates (NASDAQ:JKHY) pays an annual dividend of $1.96 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKHY will have a dividend payout ratio of 35.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JKHY.

Jack Henry & Associates announced that its Board of Directors has approved a stock repurchase plan on Monday, May 17th 2021, which permits the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Jack Henry & Associates updated its FY 2023 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $5.05-$5.09 for the period, compared to the consensus earnings per share estimate of $4.84. The company issued revenue guidance of $2.04 billion-$2.05 billion, compared to the consensus revenue estimate of $1.94 billion.

208 employees have rated Jack Henry & Associates Chief Executive Officer David Foss on Glassdoor.com. David Foss has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jack Henry & Associates investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Intuit (INTU), Verizon Communications (VZ), AbbVie (ABBV), Intel (INTC), Cisco Systems (CSCO) and Alibaba Group (BABA).

Jack Henry & Associates trades on the NASDAQ under the ticker symbol "JKHY."

Jack Henry & Associates' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pensionfund Sabic (0.01%), Wedmont Private Capital (0.00%) and AdvisorNet Financial Inc (0.00%). Insiders that own company stock include David B Foss, Kevin D Williams, Mark S Forbis, Ronald L Moses, Stacey E Zengel, Stacey E Zengel, Steven W Tomson, Thomas A Wimsett and Thomas Hampton Jr Wilson.
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Shares of JKHY 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.
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One share of JKHY stock can currently be purchased for approximately $188.58.

Jack Henry & Associates (NASDAQ:JKHY) has a market capitalization of $13.75 billion and generates $1.94 billion in revenue each year. The technology company earns $362.92 million in net income (profit) each year or $4.94 on an earnings per share basis.

The company employs 6,847 workers across the globe.

Jack Henry & Associates' mailing address is PO BOX 807 663 HWY 60, MONETT MO, 65708. The official website for the company is www.jackhenry.com. The technology company can be reached via phone at (417) 235-6652, via email at kwilliams@jackhenry.com, or via fax at 417-235-8406.