Tyler Technologies Company Profile (NYSE:TYL)

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

Tyler Technologies, Inc. (NYSE:TYL) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.91 EPS for the quarter, missing the Zacks' consensus estimate of $0.94 by $0.03. The business earned $209.12 million during the quarter, compared to analyst estimates of $210.67 million. Tyler Technologies had a net margin of 14.73% and a return on equity of 13.02%. Tyler Technologies's revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 earnings per share. View Tyler Technologies' Earnings History.

Tyler Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Tyler Technologies.

Tyler Technologies issued an update on its FY17 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $3.83-3.91 for the period, compared to the Thomson Reuters consensus estimate of $3.88. The company issued revenue guidance of $845-855 million, compared to the consensus revenue estimate of $848.79 million.

8 brokers have issued twelve-month price targets for Tyler Technologies' stock. Their forecasts range from $180.00 to $200.00. On average, they anticipate Tyler Technologies' stock price to reach $192.29 in the next twelve months. View Analyst Ratings for Tyler Technologies.

Here are some recent quotes from research analysts about Tyler Technologies stock:

• 1. 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. " (8/19/2017)
• 2. Maxim Group analysts commented, "On June 30th, Vermont announced that it has selected TYL’s Odyssey case management system to implement statewide and roll-out by 2021." (7/17/2017)
• 3. Needham & Company LLC analysts commented, "Tyler reported a generally positive 4Q with bookings upside (+15% vs. 10% - 12% estimate) and an effective $0.04 EPS outperformance while we attribute the revenue miss on weaker services revenues as organic license revenue growth was 20%. While bookings outperformed, we seek additional color on the 4Q call regarding deal mix as initial FY17 revenue guidance calling for 10% growth was 1% below ours and consensus 11% estimates. The company's initial FY17 guidance does not call for any operating margin leverage by our estimates, which initially will drive weak Y/Y EPS growth (+11%), but we expect EPS to work higher throughout FY17." (2/9/2017)

Some companies that are related to Tyler Technologies include Synopsys (SNPS), Citrix Systems (CTXS), Cadence Design Systems (CDNS), Splunk (SPLK), SS&C Technologies Holdings (SSNC), The Ultimate Software Group (ULTI), National Instruments Corporation (NATI), Micro Focus International plc (MCRO), Nice Systems (NICE), Atlassian Corporation PLC (TEAM), Nuance Communications (NUAN), Blackbaud (BLKB), Solera Holdings (SLH), FireEye (FEYE), Playtech PLC (PTEC), Okta (OKTA), CommVault Systems (CVLT) and Paylocity Holding Corporation (PCTY).

Tyler Technologies' management team includes the folowing people:

• John S. Marr Jr., Chairman of the Board, Chief Executive Officer
• H. Lynn Moore Jr., President, Executive Vice President, General Counsel, Secretary
• Brian K. Miller CPA, Chief Financial Officer, Executive Vice President, Treasurer
• Donald R. Brattain, Lead Director, Independent Director
• Glenn A. Carter, Independent Director
• Brenda A. Cline CPA, Independent Director
• J. Luther King Jr., Independent Director
• Larry D. Leinweber, Independent Director

Tyler Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Summit Creek Advisors LLC (0.20%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.03%) and Eqis Capital Management Inc. (0.02%). Company insiders that own Tyler Technologies stock include Brian K Miller, Donald R Brattain, Dustin R Womble, H Lynn Moore Jr, H Lynn Moore, Jr, John M Yeaman, John S Marr Jr, Larry D Leinweber and Luther King Jr. View Institutional Ownership Trends for Tyler Technologies.

Tyler Technologies' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Eqis Capital Management Inc. and Summit Creek Advisors LLC. Company insiders that have sold Tyler Technologies stock in the last year include Brian K Miller, Donald R Brattain, Dustin R Womble, H Lynn Moore Jr, John M Yeaman, John S Marr Jr, Larry D Leinweber and Luther King Jr. View Insider Buying and Selling for Tyler Technologies.

Tyler Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. View Insider Buying and Selling for Tyler Technologies.

Shares of Tyler Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Tyler Technologies stock can currently be purchased for approximately $177.33.