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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Phone972-713-3700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$935.28 million
Profitability
Miscellaneous
Employees4,525
Next Earnings Date2/19/2020 (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, October, 30th. The technology company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.36 by $0.01. The technology company had revenue of $275.40 million for the quarter, compared to analyst estimates of $281.03 million. Tyler Technologies had a return on equity of 11.51% and a net margin of 12.63%. The firm's quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the company posted $1.23 earnings per share. View Tyler Technologies' Earnings History.
When is Tyler Technologies' next earnings date?
What guidance has Tyler Technologies issued on next quarter's earnings?
Tyler Technologies updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of $5.22-5.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.30. The company issued revenue guidance of $1.082-1.095 billion, compared to the consensus revenue estimate of $1.09 billion.
What price target have analysts set for TYL?
9 Wall Street analysts have issued 1-year price targets for Tyler Technologies' stock. Their forecasts range from $238.00 to $310.00. On average, they anticipate Tyler Technologies' share price to reach $276.75 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for Tyler Technologies.
What is the consensus analysts' recommendation for Tyler Technologies?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tyler Technologies in the last year. There are currently 4 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. 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. " (1/2/2020)
- 2. Northland Securities analysts commented, "We expect to receive more color on these results during the call at 9:00 AM CT today. IMPORTANT DISCLOSURES AND ANALYST CERTIFICATION ON PAGE 2Company Description Tyler Technologies provides integrated information management solutions and services for the public sector with a focus on local and state municipalities." (8/1/2019)
- 3. 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)
Has Tyler Technologies been receiving favorable news coverage?
Press coverage about TYL stock has been trending somewhat negative on Tuesday, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tyler Technologies earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Tyler Technologies.
Are investors shorting Tyler Technologies?
Tyler Technologies saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,250,000 shares, an increase of 11.6% from the December 31st total of 1,120,000 shares. Based on an average daily volume of 294,900 shares, the days-to-cover ratio is presently 4.2 days. Approximately 3.3% of the shares of the stock are short sold. View Tyler Technologies' Current Options Chain.
Who are some of Tyler Technologies' key competitors?
Some companies that are related to Tyler Technologies include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Fair Isaac (FICO), FactSet Research Systems (FDS), Aspen Technology (AZPN) and Guidewire Software (GWRE).
What other stocks do shareholders of Tyler Technologies own?
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 shareholders include Riverbridge Partners LLC (1.05%), California Public Employees Retirement System (0.82%), Conestoga Capital Advisors LLC (0.78%), Johanson Financial Advisors Inc. (0.58%), Columbus Circle Investors (0.28%) and Westwood Management Corp IL (0.21%). 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 and Luther King Jr. View Institutional Ownership Trends for Tyler Technologies.
Which institutional investors are selling Tyler Technologies stock?
TYL stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Conestoga Capital Advisors LLC, Nisa Investment Advisors LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Allred Capital Management LLC, Arizona State Retirement System, Bright Rock Capital Management LLC and Tocqueville Asset Management L.P.. 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 institutional investors are buying Tyler Technologies stock?
TYL stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Johanson Financial Advisors Inc., Zurcher Kantonalbank Zurich Cantonalbank, Kopion Asset Management LLC, Columbus Circle Investors, Dupont Capital Management Corp, Sumitomo Mitsui DS Asset Management Company Ltd and IFM Investors Pty Ltd. 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, Robinhood, Fidelity and Charles Schwab.
What is Tyler Technologies' stock price today?
One share of TYL stock can currently be purchased for approximately $308.70.
How big of a company is Tyler Technologies?
Tyler Technologies has a market capitalization of $12.03 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?
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)
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.
