NYSE:TYL

Tyler Technologies - TYL Stock Forecast, Price & News

$339.21

-6.08 (-1.76%)

(As of 02/3/2023 12:19 PM ET)

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Today's Range: $335.60
▼
$341.05
50-Day Range: $305.13
▼
$352.23
52-Week Range: $281.11
▼
$492.59

Volume: 82,683 shs
Average Volume: 247,151 shs
Market Capitalization: $14.12 billion

P/E Ratio: 76.57
Dividend Yield: N/A
Price Target: $437.08

Institutional Ownership

Tyler Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 29.2% Upside
$437.08 Price Target
Short Interest: Healthy
1.34% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.31
Upright™ Environmental Score
News Sentiment: 0.33
Based on 9 Articles This Week
Insider Trading: Selling Shares
$941,721 Sold Last Quarter
Proj. Earnings Growth: 1.06%
From $5.64 to $5.70 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Computer And Technology Sector

54th out of 610 stocks

Prepackaged Software Industry

13th out of 215 stocks

3.4

Analyst's Opinion

Consensus Rating
Tyler Technologies has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $437.08, Tyler Technologies has a forecasted upside of 29.2% from its current price of $338.38.
Amount of Analyst Coverage
Tyler Technologies has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.34% of the outstanding shares of Tyler Technologies have been sold short.
Short Interest Ratio / Days to Cover
Tyler Technologies has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tyler Technologies has recently decreased by 7.95%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Tyler Technologies does not currently pay a dividend.
Dividend Growth
Tyler Technologies does not have a long track record of dividend growth.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tyler Technologies has received a 49.22% net impact score from Upright. Tyler Technologies seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Software development consulting for the education industry", "Tax declaration applications", and "Software development consulting for governments" products. See details.
Environmental Sustainability
The Environmental Impact score for Tyler Technologies is -0.31.

2.4

News and Social Media Coverage

News Sentiment
Tyler Technologies has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Tyler Technologies this week, compared to 6 articles on an average week.
Search Interest
12 people have searched for TYL on MarketBeat in the last 30 days. This is an increase of 1,100% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Tyler Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tyler Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $941,721.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Tyler Technologies is held by insiders.
Percentage Held by Institutions
89.45% of the stock of Tyler Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Tyler Technologies are expected to grow by 1.06% in the coming year, from $5.64 to $5.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tyler Technologies is 76.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tyler Technologies is 76.38, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 359.24.
Price to Book Value per Share Ratio
Tyler Technologies has a P/B Ratio of 5.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tyler Technologies (NYSE:TYL) Stock

Tyler Technologies, Inc. engages in the provision of integrated technology and management solutions and services for the public sector with a focus on local governments. It operates through the following segments: Enterprise Software and Appraisal and Tax. The Enterprise Software segment provides municipal and county governments and schools with software systems to meet their information technology and automation needs for mission-critical back-office functions such as financial management, courts and justice processes. The Appraisal and Tax 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. The company was founded in 1966 and is headquartered in Plano, TX.

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TYL Stock News Headlines

February 2, 2023 | finance.yahoo.com

Morningstar Puts Comcast on Top 10 Stock List

February 2, 2023 | americanbankingnews.com

Credit Suisse Group Cuts Tyler Technologies (NYSE:TYL) Price Target to $375.00

February 3, 2023 | Investing Trends (Ad)

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February 1, 2023 | finance.yahoo.com

Will Tyler Technologies (TYL) Have a Steady Growth?

January 31, 2023 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About Tyler Technologies

January 31, 2023 | finance.yahoo.com

State of Kansas to Improve Transparency with Tyler Technologies’ Data & Insights Solutions

January 27, 2023 | americanbankingnews.com

Comparing Tyler Technologies (NYSE:TYL) & Sprinklr (NYSE:CXM)

January 26, 2023 | benzinga.com

Lucas County, Ohio, Selects Tyler Technologies' Enterprise Justice Solution Suite

February 3, 2023 | Investing Trends (Ad)

The Humble Mineral at the Heart of the EV Revolution (Not Lithium)

January 26, 2023 | marketwatch.com

Outlook 2023, Government Software Market: Business Expansions, Consumption by Regional data, and Growth Factors Details for Business Development

January 26, 2023 | finance.yahoo.com

Tyler Technologies Schedules Fourth Quarter 2022 Earnings Conference Call and Webcast

January 25, 2023 | finance.yahoo.com

Tyler's (TYL) Justice Suite to Modify Lucas County Court System

January 25, 2023 | marketwatch.com

Public Records Management Software Market Size in 2023 Industry Demand, Industry News, Business Growth, Top Key Players Update till 2029

January 25, 2023 | americanbankingnews.com

Tyler Technologies (NYSE:TYL) Shares Gap Up to $305.34

January 24, 2023 | finance.yahoo.com

Lucas County, Ohio, Selects Tyler Technologies’ Enterprise Justice Solution Suite

January 24, 2023 | finance.yahoo.com

Are Tyler Technologies, Inc.'s (NYSE:TYL) Mixed Financials Driving The Negative Sentiment?

January 23, 2023 | marketwatch.com

Computer Aided Dispatch Market 2023 : Future Trend, Business Strategies, Comprehensive Analysis and Forecast by 2029

January 18, 2023 | finance.yahoo.com

Tyler (TYL) Provides My Civic App to City of Delray Beach

January 17, 2023 | finance.yahoo.com

City of Delray Beach, Florida, Strengthens Resident Communication with Tyler Technologies’ Application

January 17, 2023 | marketwatch.com

Permit Management Software Market Future Trends Demand 2023, and Forecast to 2029

January 17, 2023 | marketwatch.com

Special Education Software Market is Expected to Record the Massive Growth, with Prominent Key Players Analysis and Forecast to 2029

January 13, 2023 | marketwatch.com

Legal Software Market 2023 Advance Technology, Latest Trend and Future Expansion by 2029

January 13, 2023 | marketwatch.com

Land Management Software Market : Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2029

January 13, 2023 | marketwatch.com

GIS Software Market Opportunities, Demand and Forecasts 2023-2029 with Top Countries Data

January 12, 2023 | marketwatch.com

Local Government Software Market : Future Growth with Technology and Current Trends 2023 to 2029

January 12, 2023 | finance.yahoo.com

Tyler Technologies Named to 2023 GovTech 100 List

January 12, 2023 | marketwatch.com

School Bus Routing Software Market 2023 : Detailed Analysis of Industry, Potential Growth, Attractive Valuation and Growth Forecast Up to 2029

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TYL Company Calendar

Last Earnings: 10/27/2021
Today: 2/03/2023
Next Earnings (Confirmed): 2/15/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NYSE:TYL
CUSIP: 90225210
CIK: 860731
Web: www.tylertech.com
Phone: (972) 713-3700
Fax: 972-713-3741
Employees: 6,778
Year Founded: 1966

Price Target and Rating

Average Stock Price Forecast: $437.08
High Stock Price Forecast: $520.00
Low Stock Price Forecast: $322.00
Forecasted Upside/Downside: +28.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.43
Trailing P/E Ratio: 76.57
Forward P/E Ratio: 60.14
P/E Growth: N/A
Net Income: $161.46 million
Net Margins: 10.26%
Pretax Margin: 10.77%
Return on Equity: 9.93%
Return on Assets: 5.10%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 1.06
Quick Ratio: 1.06

Sales & Book Value

Annual Sales: $1.59 billion
Price / Sales: 8.87
Cash Flow: $8.53 per share
Price / Cash Flow: 39.76
Book Value: $56.72 per share
Price / Book: 5.98

Miscellaneous

Outstanding Shares: 41,640,000
Free Float: 40,807,000
Market Cap: $14.12 billion
Optionable: Optionable
Beta: 0.81

Social Links

Key Executives

H. Lynn Moore
President, Chief Executive Officer & Director

Jeffrey D. Puckett
Chief Operating Officer

Brian K. Miller
Chief Financial Officer, Treasurer & Executive VP

Jeff Green
Chief Technology Officer

Kevin Iwersen
Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TYL Stock - Frequently Asked Questions

Should I buy or sell Tyler Technologies stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tyler Technologies in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TYL shares.
View TYL analyst ratings or view top-rated stocks.
What is Tyler Technologies' stock price forecast for 2023?: 11 Wall Street research analysts have issued 12-month target prices for Tyler Technologies' shares. Their TYL share price forecasts range from $322.00 to $520.00. On average, they anticipate the company's stock price to reach $437.08 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price.
View analysts price targets for TYL or view top-rated stocks among Wall Street analysts.
How have TYL shares performed in 2023?: Tyler Technologies' stock was trading at $322.41 at the beginning of 2023. Since then, TYL shares have increased by 7.1% and is now trading at $345.29.
View the best growth stocks for 2023 here.
When is Tyler Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our TYL earnings forecast.
How can I listen to Tyler Technologies' earnings call?: Tyler Technologies will be holding an earnings conference call on Thursday, February 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Tyler Technologies' earnings last quarter?: Tyler Technologies, Inc. (NYSE:TYL) announced its earnings results on Wednesday, October, 27th. The technology company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.24. The technology company earned $459.87 million during the quarter, compared to the consensus estimate of $426.30 million. Tyler Technologies had a trailing twelve-month return on equity of 9.93% and a net margin of 10.26%. The business's revenue was up 60.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 EPS.
Read the conference call transcript.

What is Lynn Moore Jr.'s approval rating as Tyler Technologies' CEO?: 63 employees have rated Tyler Technologies Chief Executive Officer Lynn Moore Jr. on Glassdoor.com. Lynn Moore Jr. has an approval rating of 91% among the company's employees. This puts Lynn Moore Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
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 NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Verizon Communications (VZ), Alibaba Group (BABA), ServiceNow (NOW), Advanced Micro Devices (AMD), Salesforce (CRM), Intel (INTC) and Cisco Systems (CSCO).
What is Tyler Technologies' stock symbol?: Tyler Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TYL."
Who are Tyler Technologies' major shareholders?: Tyler Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.99%), Allspring Global Investments Holdings LLC (0.49%), Stephens Investment Management Group LLC (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Boston Financial Mangement LLC (0.19%) and Westwood Management Corp IL (0.17%). Insiders that own company stock include Brenda A Cline, Brian K Miller, Daniel M Pope, Donald R Brattain, Dustin R Womble, Glenn A Carter, H Lynn Moore Jr, H Lynn Moore, Jr, Jeffrey David Puckett, John S Marr Jr, John S Marr, Jr and Luther King Jr.
View institutional ownership trends.
How do I buy shares of Tyler Technologies?: Shares of TYL 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.
Compare Top Brokerages Here.
What is Tyler Technologies' stock price today?: One share of TYL stock can currently be purchased for approximately $345.29.
How much money does Tyler Technologies make?: Tyler Technologies (NYSE:TYL) has a market capitalization of $14.38 billion and generates $1.59 billion in revenue each year. The technology company earns $161.46 million in net income (profit) each year or $4.43 on an earnings per share basis.
How many employees does Tyler Technologies have?: The company employs 6,778 workers across the globe.
How can I contact Tyler Technologies?: Tyler Technologies' mailing address is 5101 TENNYSON PKWY, PLANO TX, 75024. The official website for the company is www.tylertech.com. The technology company can be reached via phone at (972) 713-3700, via email at hala@halliburtonir.com, or via fax at 972-713-3741.

This page (NYSE:TYL) was last updated on 2/3/2023 by MarketBeat.com Staff

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Tyler Technologies - TYL Stock Forecast, Price & News

Tyler Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tyler Technologies (NYSE:TYL) Stock

TYL Stock News Headlines

TYL Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TYL Stock - Frequently Asked Questions

Overall MarketRank^™