Kelly Services - KELYA Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kelly Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KELYA shares.
View KELYA analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for Kelly Services' shares. Their KELYA share price forecasts range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 63.0% from the stock's current price.
View analysts price targets for KELYA or view top-rated stocks among Wall Street analysts.

Kelly Services' stock was trading at $16.77 at the beginning of 2022. Since then, KELYA stock has increased by 9.8% and is now trading at $18.41.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our KELYA earnings forecast.

Kelly Services, Inc. (NASDAQ:KELYA) released its quarterly earnings results on Thursday, August, 11th. The business services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.03. The business services provider earned $1.27 billion during the quarter, compared to analyst estimates of $1.28 billion. Kelly Services had a net margin of 1.66% and a trailing twelve-month return on equity of 5.71%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same period last year, the firm earned $0.49 earnings per share.

Kelly Services declared a quarterly dividend on Wednesday, August 10th. Shareholders of record on Wednesday, August 24th will be paid a dividend of $0.075 per share on Wednesday, September 7th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Tuesday, August 23rd.
Read our dividend analysis for KELYA.

Kelly Services (NASDAQ:KELYA) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KELYA will have a dividend payout ratio of 10.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KELYA.

Kelly Services trades on the NASDAQ under the ticker symbol "KELYA."

Kelly Services' stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (3.13%), River Road Asset Management LLC (2.44%), FMR LLC (1.74%), Leeward Investments LLC MA (1.00%), Northern Trust Corp (0.99%) and Principal Financial Group Inc. (0.56%). Insiders that own company stock include Bhupendra C Shah, Carol M Adderley, Donald R Parfet, George S Corona, James H Bradley, James Polehna, Jane E Dutton, Olivier Thirot, Terrence B Larkin and Vanessa Peterson Williams.
View institutional ownership trends.

Shares of KELYA 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.
Compare Top Brokerages Here.

One share of KELYA stock can currently be purchased for approximately $18.41.

Kelly Services (NASDAQ:KELYA) has a market capitalization of $698.07 million and generates $4.91 billion in revenue each year. The business services provider earns $156.10 million in net income (profit) each year or $2.04 on an earnings per share basis.

The company employs 4,500 workers across the globe.

Kelly Services was founded in 1946.

Kelly Services' mailing address is 999 WEST BIG BEAVER ROAD, TROY MI, 48084. The official website for the company is www.kellyservices.com. The business services provider can be reached via phone at (248) 362-4444 or via fax at 248-244-4154.