NYSE:TYL - Tyler Technologies Stock Price, News, & Analysis

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$197.80 -1.27 (-0.64 %)
(As of 03/25/2019 02:55 PM ET)
Previous Close$199.07
Today's Range$197.15 - $199.33
52-Week Range$173.26 - $252.47
Volume136,212 shs
Average Volume331,090 shs
Market Capitalization$7.57 billion
P/E Ratio52.89
Dividend YieldN/A
Beta0.92
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise Software, and Appraisal and Tax. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate land and other records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. The company was founded in 1966 and is based in Plano, Texas.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
CUSIP90225210
Phone972-713-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$935.28 million
Cash Flow$5.4192 per share
Book Value$34.13 per share

Profitability

Net Income$147.46 million

Miscellaneous

Employees4,525
Market Cap$7.57 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Tyler Technologies (NYSE:TYL) Frequently Asked Questions

What is Tyler Technologies' stock symbol?

Tyler Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TYL."

How were Tyler Technologies' earnings last quarter?

Tyler Technologies, Inc. (NYSE:TYL) announced its quarterly earnings results on Wednesday, February, 20th. The technology company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.29. The technology company had revenue of $242 million for the quarter, compared to analysts' expectations of $244.65 million. Tyler Technologies had a net margin of 15.74% and a return on equity of 11.28%. Tyler Technologies's revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. View Tyler Technologies' Earnings History.

When is Tyler Technologies' next earnings date?

Tyler Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Tyler Technologies.

What guidance has Tyler Technologies issued on next quarter's earnings?

Tyler Technologies updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share guidance of $5.20-$5.35 for the period, compared to the Thomson Reuters consensus estimate of $5.37. The company issued revenue guidance of $1.09-$1.11 billion, compared to the consensus revenue estimate of $1.04 billion.Tyler Technologies also updated its FY 2019 guidance to $5.20-5.35 EPS.

What price target have analysts set for TYL?

10 equities research analysts have issued 12-month price objectives for Tyler Technologies' shares. Their forecasts range from $206.00 to $260.00. On average, they expect Tyler Technologies' stock price to reach $238.8750 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View Analyst Price Targets for Tyler Technologies.

What is the consensus analysts' recommendation for Tyler Technologies?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tyler Technologies in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tyler Technologies.

What are Wall Street analysts saying about Tyler Technologies stock?

Here are some recent quotes from research analysts about Tyler Technologies stock:
  • 1. Northland Securities analysts commented, "We hosted investor meetings with management and we came away incrementally more confident on the company’s road map and ongoing execution. Management comfortably detailed the bookings growth rate last quarter (law of large numbers/gradual shift to subscription services/lumpy business). We note that of 12 large deals awarded but not signed last quarter, 6 have now completed the signature process, and we think the company is setting up to for a bit of a surge 1H19. The company used a lower tax rate in 2017/18 to increase its R&D spend and improve its product line in several areas. Similar to other periods, notably 2009 and 2010, when it invested and its competitors did not, TYL plans on seeing the benefits in stronger sales in a couple of years given the lag between investment and new sales in this market." (3/22/2019)
  • 2. According to Zacks Investment Research, "Tyler Technologies, Inc. is engaged in providing integrated information management solutions and services to the public sector. It provides software products and services; professional IT services; subscription-based services; property appraisal outsourcing services. Its products generally automate three major functional areas (1) financial management and education, (2) courts and justice and (3) property appraisal and tax. Tyler operates in two reportable segments: Enterprise Software Solutions (ESS) and Appraisal and Tax Software Solutions and Services. The Enterprise Software Solutions (ESS) segment provides software systems to municipal and county governments and schools. The Appraisal and Tax Software Solutions and Services segment provides systems and software that automate the appraisal and assessment of real and personal property as well as property appraisal outsourcing services for local governments and taxing authorities. Tyler Technologies, Inc. is headquartered in Dallas, Texas. " (2/28/2019)
  • 3. KeyCorp analysts commented, "We are lowering EPS estimates to $5.21 from $5.35 on the assumption that 2019 will be another year of investment. We see organic and inorganic investments as key drivers to fund further share gains within the $14B local government software TAM that is growing 5-6% annually, particularly as revenue approaches $1B. Revenue volatility will likely increase in 2019 (it missed revenue in five of the last seven quarters) as it executes a subscription model transition and reports under ASC606. Our Sector Weight rating reflects a balanced risk-reward. Reports $4.3M shortfall, organic growth upticks to 7.4%." (2/21/2019)

Has Tyler Technologies been receiving favorable news coverage?

News stories about TYL stock have trended positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tyler Technologies earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the near term.

Who are some of Tyler Technologies' key competitors?

What other stocks do shareholders of Tyler Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tyler Technologies investors own include EOG Resources (EOG), Netflix (NFLX), NVIDIA (NVDA), Visa (V), Baidu (BIDU), Micron Technology (MU), Palo Alto Networks (PANW), Constellation Brands (STZ), Celgene (CELG) and Illumina (ILMN).

Who are Tyler Technologies' key executives?

Tyler Technologies' management team includes the folowing people:
  • Mr. John S. Marr Jr., Exec. Chairman (Age 59)
  • Mr. H. Lynn Moore Jr., CEO, Pres & Director (Age 51)
  • Mr. Brian K. Miller, Exec. VP, CFO & Treasurer (Age 60)
  • Mr. W. Michael Smith, Chief Accounting Officer (Age 54)
  • Mr. Jeff Green, Chief Technology Officer

Who are Tyler Technologies' major shareholders?

Tyler Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.57%), Praesidium Investment Management Company LLC (1.52%), Bank of New York Mellon Corp (1.19%), Norges Bank (1.15%), New York State Common Retirement Fund (1.06%) and American Century Companies Inc. (0.96%). Company insiders that own Tyler Technologies stock include Brenda A Cline, Brian K Miller, Daniel M Pope, Donald R Brattain, Dustin R Womble, Glenn A Carter, H Lynn Moore Jr, John S Marr Jr, Larry D Leinweber and Luther King Jr. View Institutional Ownership Trends for Tyler Technologies.

Which major investors are selling Tyler Technologies stock?

TYL stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Victory Capital Management Inc., Riverbridge Partners LLC, Public Employees Retirement Association of Colorado, Bank of New York Mellon Corp, Gabelli Funds LLC, Barclays PLC and Bank of America Corp DE. Company insiders that have sold Tyler Technologies company stock in the last year include Brenda A Cline, Brian K Miller, Daniel M Pope, Donald R Brattain, Dustin R Womble, Glenn A Carter, H Lynn Moore Jr, John S Marr Jr and Luther King Jr. View Insider Buying and Selling for Tyler Technologies.

Which major investors are buying Tyler Technologies stock?

TYL stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Mackenzie Financial Corp, Waratah Capital Advisors Ltd., Conestoga Capital Advisors LLC, Los Angeles Capital Management & Equity Research Inc., Hsbc Holdings PLC and FMR LLC. View Insider Buying and Selling for Tyler Technologies.

How do I buy shares of Tyler Technologies?

Shares of TYL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tyler Technologies' stock price today?

One share of TYL stock can currently be purchased for approximately $197.80.

How big of a company is Tyler Technologies?

Tyler Technologies has a market capitalization of $7.57 billion and generates $935.28 million in revenue each year. The technology company earns $147.46 million in net income (profit) each year or $3.74 on an earnings per share basis. Tyler Technologies employs 4,525 workers across the globe.

What is Tyler Technologies' official website?

The official website for Tyler Technologies is http://www.tylertech.com.

How can I contact Tyler Technologies?

Tyler Technologies' mailing address is 5101 TENNYSON PARKWAY, PLANO TX, 75024. The technology company can be reached via phone at 972-713-3700 or via email at [email protected]


MarketBeat Community Rating for Tyler Technologies (NYSE TYL)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  482 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  728
MarketBeat's community ratings are surveys of what our community members think about Tyler Technologies and other stocks. Vote "Outperform" if you believe TYL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TYL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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