Sapiens International (SPNS) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sapiens International in the last twelve months. There are currently 2 sell ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPNS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPNS, but not buy additional shares or sell existing shares.
View SPNS analyst ratings or view top-rated stocks.

4 brokerages have issued 12 month price targets for Sapiens International's shares. Their SPNS share price forecasts range from $20.00 to $35.00. On average, they predict the company's share price to reach $29.25 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts price targets for SPNS or view top-rated stocks among Wall Street analysts.

Sapiens International's stock was trading at $18.48 at the beginning of 2023. Since then, SPNS stock has increased by 55.1% and is now trading at $28.67.
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Sapiens International saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 193,400 shares, a decrease of 31.3% from the August 15th total of 281,600 shares. Based on an average trading volume of 150,700 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the shares of the stock are sold short.
View Sapiens International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our SPNS earnings forecast.

Sapiens International Co. (NASDAQ:SPNS) announced its earnings results on Wednesday, August, 2nd. The technology company reported $0.31 EPS for the quarter, meeting analysts' consensus estimates of $0.31. The technology company earned $128.30 million during the quarter, compared to analyst estimates of $126.79 million. Sapiens International had a net margin of 11.47% and a trailing twelve-month return on equity of 16.72%.

Sapiens International declared a Semi-Annual dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.26 per share on Wednesday, August 30th. This represents a dividend yield of 1.6%. The ex-dividend date is Tuesday, August 15th. This is a boost from the stock's previous Semi-Annual dividend of $0.23.
Read our dividend analysis for SPNS.

ETFs with the largest weight of Sapiens International (NASDAQ:SPNS) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL), Opus Small Cap Value Plus ETF (OSCV), BlueStar Israel Technology ETF (ITEQ) and Global X FinTech Thematic ETF (FINX).VanEck Israel ETF (ISRA).

Sapiens International (NASDAQ:SPNS) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.82%. The dividend payout ratio is 50.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPNS will have a dividend payout ratio of 38.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPNS.

Sapiens International issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $511.00 million-$516.00 million, compared to the consensus revenue estimate of $510.57 million.

152 employees have rated Sapiens International Chief Executive Officer Roni Al-Dor on Glassdoor.com. Roni Al-Dor has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sapiens International investors own include Digital Turbine (APPS), Advanced Micro Devices (AMD), Enphase Energy (ENPH), Veeva Systems (VEEV), Amarin (AMRN), Apollo Global Management (APO), PennyMac Financial Services (PFSI), QUALCOMM (QCOM), Taiwan Semiconductor Manufacturing (TSM) and Zoetis (ZTS).

Sapiens International trades on the NASDAQ under the ticker symbol "SPNS."

Sapiens International's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.74%), Royce & Associates LP (1.71%), Dimensional Fund Advisors LP (1.57%), Clal Insurance Enterprises Holdings Ltd (1.05%), State Street Corp (0.95%) and Renaissance Technologies LLC (0.93%).

Shares of SPNS 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 SPNS stock can currently be purchased for approximately $28.67.

Sapiens International (NASDAQ:SPNS) has a market capitalization of $1.58 billion and generates $474.74 million in revenue each year. The technology company earns $52.60 million in net income (profit) each year or $1.02 on an earnings per share basis.

The company employs 4,754 workers across the globe.

Sapiens International's mailing address is Azrieli Center 26 Harukmim St., Holon L3, 5885800. The official website for the company is www.sapiens.com. The technology company can be reached via phone at (723) 790-2000, via email at yaffa.cohen-ifrah@sapiens.com, or via fax at 972-3790-2942.