Korn Ferry - KFY Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Korn Ferry in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KFY shares.
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4 brokers have issued 1-year price targets for Korn Ferry's shares. Their KFY share price forecasts range from $61.00 to $65.00. On average, they anticipate the company's share price to reach $62.67 in the next twelve months. This suggests a possible upside of 9.6% 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 beginning of the year. Since then, KFY stock has increased by 13.0% and is now trading at $57.20.
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Korn Ferry saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 963,000 shares, an increase of 9.7% from the December 15th total of 877,600 shares. Based on an average daily volume of 308,800 shares, the short-interest ratio is presently 3.1 days. Approximately 1.9% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our KFY earnings forecast.

Korn Ferry (NYSE:KFY) released its quarterly earnings results on Thursday, December, 8th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.43. The business services provider had revenue of $727.85 million for the quarter, compared to analyst estimates of $697.28 million. Korn Ferry had a trailing twelve-month return on equity of 21.64% and a net margin of 11.45%.

Korn Ferry declared a quarterly dividend on Wednesday, December 7th. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.15 per share on Friday, January 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, December 20th.
Read our dividend analysis for KFY.

Korn Ferry (NYSE:KFY) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFY will have a dividend payout ratio of 14.53% 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 third quarter 2023 earnings guidance on Thursday, December, 8th. The company provided EPS guidance of $0.88-$1.00 for the period, compared to the consensus EPS estimate of $1.32. The company issued revenue guidance of -.

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."

Korn Ferry's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.51%), Leeward Investments LLC MA (0.53%), Tributary Capital Management LLC (0.52%), New York State Teachers Retirement System (0.19%), Wedge Capital Management L L P NC (0.16%) and Seizert Capital Partners LLC (0.12%). Insiders that own company stock include Byrne K Mulrooney, Byrne K Mulrooney, Gary D Burnison, George T Shaheen, Jerry Leamon, Robert P Rozek and Todd Cione.
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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.
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One share of KFY stock can currently be purchased for approximately $57.20.

Korn Ferry (NYSE:KFY) has a market capitalization of $3.02 billion and generates $2.64 billion in revenue each year. The business services provider earns $326.36 million in net income (profit) each year or $6.07 on an earnings per share basis.

The company employs 10,779 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 or via fax at 310-553-6452.