Korn Ferry (KFY) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Korn Ferry in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KFY shares.
View KFY analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12 month target prices for Korn Ferry's stock. Their KFY share price forecasts range from $53.00 to $65.00. On average, they anticipate the company's share price to reach $60.25 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for KFY or view top-rated stocks among Wall Street analysts.

Korn Ferry's stock was trading at $50.62 at the start of the year. Since then, KFY stock has decreased by 5.3% and is now trading at $47.92.
View the best growth stocks for 2023 here.

Korn Ferry saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 666,400 shares, an increase of 5.9% from the August 31st total of 629,000 shares. Based on an average daily trading volume, of 280,300 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the company's shares are sold short.
View Korn Ferry's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our KFY earnings forecast.

Korn Ferry (NYSE:KFY) issued its earnings results on Thursday, September, 7th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.08. The business services provider had revenue of $699.20 million for the quarter, compared to analysts' expectations of $683.41 million. Korn Ferry had a trailing twelve-month return on equity of 14.29% and a net margin of 6.24%. Korn Ferry's quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company earned $1.50 earnings per share.

Korn Ferry declared a quarterly dividend on Wednesday, September 6th. Investors of record on Friday, September 22nd will be paid a dividend of $0.18 per share on Friday, October 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, September 21st.
Read our dividend analysis for KFY.

ETFs with the largest weight of Korn Ferry (NYSE:KFY) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Euclidean Fundamental Value ETF (ECML), Pacer US Small Cap Cash Cows 100 ETF (CALF), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Quality ETF (XSHQ), Schwab Ariel ESG ETF (SAEF) and Royce Quant Small-Cap Quality Value ETF (SQLV).SPDR S&P 600 Small Cap ETF (SLY).

Korn Ferry (NYSE:KFY) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.55%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFY will have a dividend payout ratio of 16.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFY.

Korn Ferry updated its second quarter earnings guidance on Thursday, September, 7th. The company provided EPS guidance of $0.91-1.01 for the period, compared to the consensus estimate of $0.94. The company issued revenue guidance of $675-695 million, compared to the consensus revenue estimate of $676.66 million.

554 employees have rated Korn Ferry Chief Executive Officer Gary D. Burnison on Glassdoor.com. Gary D. Burnison has an approval rating of 45% among the company's employees. This puts Gary D. Burnison in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Korn Ferry investors own include CA (CA), Alibaba Group (BABA), BlackRock (BLK), Micron Technology (MU), Endologix (ELGX), Accenture (ACN), Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), Intel (INTC) and Tencent (TCEHY).

Korn Ferry trades on the New York Stock Exchange (NYSE) under the ticker symbol "KFY."

Shares of KFY 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 KFY stock can currently be purchased for approximately $47.92.

Korn Ferry (NYSE:KFY) has a market capitalization of $2.53 billion and generates $2.86 billion in revenue each year. The business services provider earns $209.53 million in net income (profit) each year or $3.39 on an earnings per share basis.

The company employs 10,697 workers across the globe.

Korn Ferry's mailing address is 1900 Avenue of the Stars Suite 2600, LOS ANGELES CA, 90067. The official website for the company is www.kornferry.com. The business services provider can be reached via phone at (310) 552-1834, via email at ir@kornferry.com, or via fax at 310-553-6452.