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

$218.23
-5.57 (-2.49 %)
(As of 06/25/2019 05:35 AM ET)
Today's Range
$217.65
Now: $218.23
$225.12
50-Day Range
$207.99
MA: $217.13
$224.20
52-Week Range
$173.26
Now: $218.23
$252.47
Volume179,200 shs
Average Volume249,928 shs
Market Capitalization$8.37 billion
P/E Ratio58.35
Dividend YieldN/A
Beta1
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. Read More…

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$5.3188 per share
Book Value$34.13 per share

Profitability

Net Income$147.46 million

Miscellaneous

Employees4,525
Market Cap$8.37 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Receive TYL News and Ratings via Email

Sign-up to receive the latest news and ratings for TYL and its competitors with MarketBeat's FREE daily newsletter.

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) posted its quarterly earnings results on Wednesday, May, 1st. The technology company reported $0.95 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.95. The technology company earned $247.10 million during the quarter, compared to analyst estimates of $251.75 million. Tyler Technologies had a net margin of 14.23% and a return on equity of 11.28%. The firm's revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 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 Thursday, July 25th 2019. View Earnings Estimates for Tyler Technologies.

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

Tyler Technologies issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of $5.20-$5.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.28. The company issued revenue guidance of $1.08-$1.10 billion, compared to the consensus revenue estimate of $1.09 billion.

What price target have analysts set for TYL?

8 analysts have issued 1 year price targets for Tyler Technologies' shares. Their forecasts range from $206.00 to $260.00. On average, they expect Tyler Technologies' share price to reach $237.2857 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Tyler Technologies.

What is the consensus analysts' recommendation for Tyler Technologies?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tyler Technologies in the last year. There are currently 3 hold ratings and 5 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. KeyCorp analysts commented, "We hosted meetings with Miller, last week and came away with more clarity on the Company’s strategy to drive further share gains in the $18B local government software market. The Company is prioritizing three sets of investments: 1) accelerating Socrata/TYL product integrations due to high customer demand; 2) building up Public Safety to further increase win rates (25% in 2017 to now +50%); 3) cultivation of new product categories, such as eFiling, which has grown at a +40% CAGR over the last 8 years ($3M to $54M). Elevated investments represent high ROI opportunities. On the heels of 2018, where R&D investments grew 34%, TYL guided 2019 for 30%+ growth in R&D spending." (3/25/2019)
  • 2. 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)
  • 3. 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)

Has Tyler Technologies been receiving favorable news coverage?

Media stories about TYL stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Tyler Technologies earned a news impact score of 1.4 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the company's share price in the immediate future. View News Stories for Tyler Technologies.

Are investors shorting Tyler Technologies?

Tyler Technologies saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 929,600 shares, a decline of 5.8% from the April 30th total of 986,500 shares. Based on an average daily trading volume, of 235,500 shares, the short-interest ratio is presently 3.9 days. Currently, 2.5% of the company's stock are sold short. View Tyler Technologies' Current Options Chain.

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 Netflix (NFLX), Visa (V), Illumina (ILMN), NVIDIA (NVDA), EOG Resources (EOG), Align Technology (ALGN), Baidu (BIDU), Home Depot (HD), Palo Alto Networks (PANW) and NXP Semiconductors (NXPI).

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 a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.92%), Janus Henderson Group PLC (3.73%), Neuberger Berman Group LLC (2.89%), TimesSquare Capital Management LLC (1.55%), Wasatch Advisors Inc. (1.41%) and JPMorgan Chase & Co. (1.35%). 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 JPMorgan Chase & Co., FMR LLC, Victory Capital Management Inc., Federated Investors Inc. PA, Neuberger Berman Group LLC, First Trust Advisors LP, Gabelli Funds LLC and Public Employees Retirement Association of Colorado. 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 purchased by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Eagle Asset Management Inc., Wasatch Advisors Inc., Carillon Tower Advisers Inc., BlackRock Inc., Ellis Investment Partners LLC, Ellis Investment Partners LLC and Assenagon Asset Management S.A.. 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 $218.23.

How big of a company is Tyler Technologies?

Tyler Technologies has a market capitalization of $8.37 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.View Additional Information About Tyler Technologies.

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:  494 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  751
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 6/25/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel