Korn/Ferry International (NYSE:KFY) Declares Quarterly Dividend of $0.48

Korn/Ferry International (NYSE:KFY) announced a quarterly dividend on Monday, September 8th, RTT News reports. Shareholders of record on Friday, September 26th will be paid a dividend of 0.48 per share by the business services provider on Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, September 26th.

Korn/Ferry International has a payout ratio of 32.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Korn/Ferry International to earn $5.37 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 35.8%.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $73.06 on Wednesday. The firm has a market capitalization of $3.82 billion, a P/E ratio of 15.81 and a beta of 1.49. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.64. The company’s fifty day moving average is $73.21 and its two-hundred day moving average is $68.82. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.83 and a current ratio of 1.83.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.The business had revenue of $708.61 million during the quarter, compared to the consensus estimate of $688.72 million. During the same quarter in the previous year, the company posted $1.17 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Analysts forecast that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Analyst Ratings Changes

KFY has been the subject of several recent analyst reports. Wall Street Zen cut Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. UBS Group lowered their price target on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating for the company in a report on Tuesday, May 27th. Finally, Truist Financial lifted their price target on Korn/Ferry International from $80.00 to $88.00 and gave the company a “buy” rating in a report on Friday, June 20th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $81.00.

Korn/Ferry International Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.