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

9 Wall Street 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 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 twelve-month target prices for Jack Henry & Associates' shares. Their JKHY share price forecasts range from $162.00 to $206.00. On average, they predict the company's stock price to reach $185.11 in the next twelve months. This suggests that the stock has a possible downside of 12.2%.
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Jack Henry & Associates' stock was trading at $166.99 on January 1st, 2022. Since then, JKHY shares have increased by 26.3% and is now trading at $210.84.
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Jack Henry & Associates will be holding an earnings conference call on Wednesday, August 17th at 8:45 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "2792074".

Jack Henry & Associates, Inc. (NASDAQ:JKHY) released its quarterly earnings data on Tuesday, August, 16th. The technology company reported $1.10 EPS for the quarter, topping 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 net margin of 18.81% and a trailing twelve-month return on equity of 27.04%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS.

Jack Henry & Associates announced a quarterly dividend on Monday, May 16th. Investors of record on Friday, May 27th will be paid a dividend of $0.49 per share on Tuesday, June 14th. This represents a $1.96 annualized dividend and a yield of 0.93%. The ex-dividend date is Thursday, May 26th.
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 0.93%. 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 40.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKHY will have a dividend payout ratio of 37.98% 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 initiated a stock buyback plan on Monday, May 17th 2021, which allows the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

Jack Henry & Associates issued an update on its FY 2023 earnings guidance on Tuesday, August, 16th. The company provided earnings per share (EPS) guidance of $5.05-$5.09 for the period, compared to the consensus EPS 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 variety of institutional and retail investors. Top institutional investors include Walker Asset Management LLC (20.99%), State Street Corp (4.35%), Kayne Anderson Rudnick Investment Management LLC (4.13%), CIBC Private Wealth Group LLC (2.64%), JPMorgan Chase & Co. (1.82%) and Wells Fargo & Company MN (1.76%). 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 $210.84.

Jack Henry & Associates (NASDAQ:JKHY) has a market capitalization of $15.36 billion and generates $1.76 billion in revenue each year. The technology company earns $311.47 million in net income (profit) each year or $4.88 on an earnings per share basis.

The company employs 6,714 workers across the globe.

Jack Henry & Associates was founded in 1976.

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.