Korn Ferry - KFY Stock Forecast, Price & News

4 Wall Street equities research 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 equities research analysts is that investors should "buy" KFY shares.
View KFY analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month target prices for Korn Ferry's stock. Their KFY share price forecasts range from $59.00 to $65.00. On average, they expect the company's stock price to reach $62.00 in the next twelve months. This suggests a possible upside of 25.4% 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 2023. Since then, KFY stock has decreased by 2.3% and is now trading at $49.44.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 28th 2023.
View our KFY earnings forecast.

Korn Ferry (NYSE:KFY) released its quarterly earnings results on Wednesday, March, 8th. The business services provider reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.12. The business services provider had revenue of $686.80 million for the quarter, compared to analyst estimates of $669.56 million. Korn Ferry had a net margin of 8.89% and a trailing twelve-month return on equity of 19.22%. Korn Ferry's revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.59 EPS.

Korn Ferry announced a quarterly dividend on Tuesday, March 7th. Investors of record on Tuesday, March 28th will be given a dividend of $0.15 per share on Friday, April 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Monday, March 27th.
Read our dividend analysis for KFY.

ETFs with the largest weight of Korn Ferry (NYSE:KFY) stock in their portfolio include Alpha Architect U.S. Quantitative Value ETF (QVAL), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Quality ETF (XSHQ), ETC 6 Meridian Small Cap Equity ETF (SIXS), Schwab Ariel ESG ETF (SAEF), Janus Henderson Small Cap Growth Alpha ETF (JSML) and First Trust Mid Cap Value AlphaDEX Fund (FNK).

Korn Ferry (NYSE:KFY) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.18%. 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 12.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFY will have a dividend payout ratio of 14.74% 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 fourth quarter 2023 earnings guidance on Wednesday, March, 8th. The company provided EPS guidance of $0.97-$1.05 for the period, compared to the consensus estimate of $0.95. 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 variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.81%), American Century Companies Inc. (5.08%), Alliancebernstein L.P. (3.13%), Allspring Global Investments Holdings LLC (2.51%), Geode Capital Management LLC (1.79%) and Ariel Investments LLC (1.51%). 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 $49.44.

Korn Ferry (NYSE:KFY) has a market capitalization of $2.59 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 $4.74 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.