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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Jack Henry & Associates in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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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9 equities research analysts have issued 12 month target prices for Jack Henry & Associates' shares. Their JKHY share price forecasts range from $170.00 to $188.00. On average, they anticipate the company's stock price to reach $180.22 in the next year. This suggests a possible upside of 22.4% from the stock's current price.
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Jack Henry & Associates' stock was trading at $175.56 on January 1st, 2023. Since then, JKHY stock has decreased by 16.1% and is now trading at $147.24.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our JKHY earnings forecast.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) posted its quarterly earnings results on Wednesday, February, 8th. The technology company reported $1.10 EPS for the quarter, missing analysts' consensus estimates of $1.11 by $0.01. The technology company had revenue of $505.30 million for the quarter, compared to analysts' expectations of $515.47 million. Jack Henry & Associates had a net margin of 17.66% and a trailing twelve-month return on equity of 24.81%. The company's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $1.30 EPS.
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Jack Henry & Associates announced a quarterly dividend on Monday, February 13th. Investors of record on Wednesday, March 8th will be paid a dividend of $0.52 per share on Friday, March 24th. This represents a $2.08 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Tuesday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for JKHY.

ETFs with the largest weight of Jack Henry & Associates (NASDAQ:JKHY) stock in their portfolio include Global X FinTech ETF (FINX), First Trust Horizon Managed Volatility Domestic ETF (HUSV), ProShares S&P Technology Dividend Aristocrats ETF (TDV), ASYMmetric Smart S&P 500 ETF (ASPY), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), ETFMG Prime Mobile Payments ETF (IPAY), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Natixis Vaughan Nelson Select ETF (VNSE).

Jack Henry & Associates (NASDAQ:JKHY) pays an annual dividend of $2.08 per share and currently has a dividend yield of 1.41%. The company has been increasing its dividend for 33 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKHY will have a dividend payout ratio of 39.10% 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 declared that its board has approved a share buyback 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Jack Henry & Associates updated its FY23 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $4.79-$4.83 for the period, compared to the consensus earnings per share estimate of $4.92.

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 variety of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (2.63%), Morgan Stanley (2.34%), Geode Capital Management LLC (2.33%), JPMorgan Chase & Co. (2.19%), Wells Fargo & Company MN (1.72%) and Parnassus Investments LLC (1.33%). Insiders that own company stock include David B Foss, Laura G Kelly, 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 $147.24.

Jack Henry & Associates (NASDAQ:JKHY) has a market capitalization of $10.75 billion and generates $1.94 billion in revenue each year. The technology company earns $362.92 million in net income (profit) each year or $4.82 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.