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.
View KFY analyst ratings or view top-rated stocks.

4 analysts have issued 1-year price targets for Korn Ferry's shares. Their KFY share price forecasts range from $64.00 to $75.00. On average, they anticipate the company's share price to reach $68.33 in the next twelve months. This suggests a possible upside of 23.2% 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 at the beginning of 2022. Since then, KFY stock has decreased by 26.7% and is now trading at $55.48.
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Korn Ferry saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,250,000 shares, a drop of 12.0% from the October 31st total of 1,420,000 shares. Based on an average trading volume of 333,700 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.4% of the company's stock are short sold.
View Korn Ferry's Short Interest.

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

Korn Ferry (NYSE:KFY) announced its quarterly earnings results on Wednesday, September, 7th. The business services provider reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.53 by $0.03. The business services provider earned $695.90 million during the quarter, compared to analysts' expectations of $697.04 million. Korn Ferry had a net margin of 11.92% and a trailing twelve-month return on equity of 22.49%. The company's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.37 earnings per share.

Korn Ferry declared a quarterly dividend on Tuesday, September 6th. Stockholders of record on Friday, September 23rd will be paid a dividend of $0.15 per share on Friday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Thursday, September 22nd.
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 1.06%. 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 14.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFY.

Korn Ferry issued an update on its second quarter 2023 earnings guidance on Thursday, October, 6th. The company provided EPS guidance of $1.34-$1.50 for the period, compared to the consensus estimate of $1.50. 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 BlackRock Inc. (15.84%), Vanguard Group Inc. (12.75%), Dimensional Fund Advisors LP (5.42%), State Street Corp (3.36%), Alliancebernstein L.P. (2.69%) and Pictet Asset Management SA (2.56%). 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 $55.48.

Korn Ferry (NYSE:KFY) has a market capitalization of $2.96 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.