Korn Ferry - KFY Stock Forecast, Price & News

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

3 equities research analysts have issued 12 month target prices for Korn Ferry's shares. Their KFY share price forecasts range from $72.00 to $75.00. On average, they anticipate the company's stock price to reach $73.67 in the next year. This suggests a possible upside of 11.1% 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 $75.73 on January 1st, 2022. Since then, KFY stock has decreased by 12.4% and is now trading at $66.31.
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Korn Ferry saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,440,000 shares, an increase of 12.5% from the July 15th total of 1,280,000 shares. Based on an average trading volume of 326,400 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.8% of the company's stock are sold short.
View Korn Ferry's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022.
View our KFY earnings forecast.

Korn Ferry (NYSE:KFY) released its earnings results on Wednesday, June, 22nd. The business services provider reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.18. The business services provider earned $721.14 million during the quarter, compared to analyst estimates of $681.98 million. Korn Ferry had a net margin of 12.35% and a trailing twelve-month return on equity of 22.71%.

Korn Ferry announced a quarterly dividend on Friday, June 24th. Investors of record on Wednesday, July 6th will be paid a dividend of $0.15 per share on Friday, July 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Tuesday, July 5th. This is a positive change from the stock's previous quarterly dividend of $0.12.
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 0.91%. 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 10.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFY will have a dividend payout ratio of 15.00% 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 first quarter 2023 earnings guidance on Wednesday, July, 20th. The company provided earnings per share guidance of $1.42-$1.58 for the period, compared to the consensus EPS estimate of $1.39. 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 a number of retail and institutional investors. Top institutional investors include State Street Corp (3.32%), Allspring Global Investments Holdings LLC (2.48%), Pictet Asset Management SA (2.12%), Northern Trust Corp (1.26%), Victory Capital Management Inc. (1.26%) and Royce & Associates LP (1.16%). 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.
View institutional ownership trends.

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 $66.31.

Korn Ferry (NYSE:KFY) has a market capitalization of $3.52 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 $5.99 on an earnings per share basis.

The company employs 10,779 workers across the globe.

Korn Ferry was founded in 1969.

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.