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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jack Henry & Associates in the last year. There are currently 6 hold ratings and 3 buy ratings 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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9 brokerages have issued 1 year price targets for Jack Henry & Associates' shares. Their JKHY share price forecasts range from $170.00 to $188.00. On average, they expect the company's stock price to reach $180.22 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
View analysts price targets for JKHY or view top-rated stocks among Wall Street analysts.

Jack Henry & Associates' stock was trading at $175.56 at the start of the year. 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 data 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 earned $505.30 million during the quarter, compared to the consensus estimate of $515.47 million. Jack Henry & Associates had a trailing twelve-month return on equity of 24.81% and a net margin of 17.66%. The business's revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.30 EPS.
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Jack Henry & Associates declared a quarterly dividend on Monday, February 13th. Shareholders 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 yield of 1.41%. The ex-dividend date is Tuesday, March 7th. This is a boost 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), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), ETFMG Prime Mobile Payments ETF (IPAY), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), ASYMmetric Smart S&P 500 ETF (ASPY) 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 of Directors has approved a share repurchase plan on Monday, May 17th 2021, which authorizes the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

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