Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 6.780-6.870 for the period, compared to the consensus EPS estimate of 6.490. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the stock. Loop Capital assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price target on the stock. UBS Group lifted their price target on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Robert W. Baird upgraded shares of Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price target on the stock in a research report on Thursday, February 5th. Wolfe Research set a $220.00 price target on shares of Jack Henry & Associates and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Finally, Stephens upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target on the stock in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.77.
Check Out Our Latest Research Report on Jack Henry & Associates
Jack Henry & Associates Trading Down 2.1%
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The firm had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. During the same quarter last year, the business posted $1.52 EPS. The company’s revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities analysts anticipate that Jack Henry & Associates will post 6.69 EPS for the current fiscal year.
Jack Henry & Associates Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th were paid a dividend of $0.61 per share. This is an increase from Jack Henry & Associates’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.6%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.06%.
Institutional Investors Weigh In On Jack Henry & Associates
Institutional investors and hedge funds have recently modified their holdings of the business. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth about $35,000. Caitong International Asset Management Co. Ltd lifted its stake in Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after purchasing an additional 195 shares during the period. MUFG Securities EMEA plc bought a new position in Jack Henry & Associates during the second quarter worth about $39,000. Los Angeles Capital Management LLC bought a new position in Jack Henry & Associates during the fourth quarter worth about $56,000. Finally, Geneos Wealth Management Inc. lifted its stake in Jack Henry & Associates by 186.4% during the first quarter. Geneos Wealth Management Inc. now owns 378 shares of the technology company’s stock worth $69,000 after purchasing an additional 246 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.
Jack Henry & Associates Company Profile
Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.
The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.
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