SS&C Technologies - SSNC Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SS&C Technologies in the last twelve months. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSNC shares.
View SSNC analyst ratings or view top-rated stocks.

9 brokers have issued twelve-month price objectives for SS&C Technologies' shares. Their SSNC share price forecasts range from $65.00 to $95.00. On average, they predict the company's share price to reach $79.50 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts price targets for SSNC or view top-rated stocks among Wall Street analysts.

SS&C Technologies' stock was trading at $81.98 at the start of the year. Since then, SSNC stock has decreased by 23.3% and is now trading at $62.91.
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SS&C Technologies saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,490,000 shares, an increase of 18.3% from the July 15th total of 2,950,000 shares. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.6% of the shares of the stock are sold short.
View SS&C Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our SSNC earnings forecast.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) released its quarterly earnings data on Thursday, October, 28th. The technology company reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.20 by $0.12. The technology company earned $1.26 billion during the quarter, compared to the consensus estimate of $1.23 billion. SS&C Technologies had a trailing twelve-month return on equity of 19.61% and a net margin of 13.85%. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the firm posted $1.04 earnings per share.

SS&C Technologies declared a quarterly dividend on Thursday, May 12th. Shareholders of record on Wednesday, June 1st will be given a dividend of $0.20 per share on Wednesday, June 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Tuesday, May 31st.
Read our dividend analysis for SSNC.

SS&C Technologies (NASDAQ:SSNC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 29.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSNC will have a dividend payout ratio of 17.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSNC.

SS&C Technologies issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $1.15-$1.21 for the period, compared to the consensus earnings per share estimate of $1.31. The company issued revenue guidance of $1.32 billion-$1.36 billion, compared to the consensus revenue estimate of $1.37 billion.

416 employees have rated SS&C Technologies Chief Executive Officer Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 58% among the company's employees. This puts Bill Stone in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other SS&C Technologies investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Salesforce (CRM), Intel (INTC), Advanced Micro Devices (AMD), Netflix (NFLX), UnitedHealth Group (UNH), Micron Technology (MU) and Cisco Systems (CSCO).

SS&C Technologies trades on the NASDAQ under the ticker symbol "SSNC."

SS&C Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (3.50%), Burgundy Asset Management Ltd. (1.65%), Cantillon Capital Management LLC (1.44%), Oldfield Partners LLP (0.49%), Anchor Capital Advisors LLC (0.41%) and Kovitz Investment Group Partners LLC (0.40%). Insiders that own company stock include Jonathan E Michael, Joseph J Frank, Michael E Daniels, Normand A Boulanger, Patrick J Pedonti, Smita Conjeevaram and William C Stone.
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Shares of SSNC 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 SSNC stock can currently be purchased for approximately $62.91.

SS&C Technologies (NASDAQ:SSNC) has a market capitalization of $16.04 billion and generates $5.05 billion in revenue each year. The technology company earns $800 million in net income (profit) each year or $2.69 on an earnings per share basis.

The company employs 24,900 workers across the globe.

SS&C Technologies was founded in 1986.

SS&C Technologies' mailing address is 80 LAMBERTON RD, WINDSOR CT, 06095. The official website for the company is www.ssctech.com. The technology company can be reached via phone at (860) 298-4500, via email at investorrelations@sscinc.com, or via fax at 860-298-4987.