Jack Henry & Associates (JKHY) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Jack Henry & Associates in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JKHY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JKHY, but not buy additional shares or sell existing shares.
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10 brokers have issued 12-month price objectives for Jack Henry & Associates' shares. Their JKHY share price forecasts range from $164.00 to $185.00. On average, they anticipate the company's share price to reach $177.40 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for JKHY or view top-rated stocks among Wall Street analysts.

Jack Henry & Associates' stock was trading at $175.56 at the beginning of the year. Since then, JKHY shares have decreased by 15.2% and is now trading at $148.80.
View the best growth stocks for 2023 here.

Jack Henry & Associates saw a decline in short interest in April. As of April 30th, there was short interest totaling 3,180,000 shares, a decline of 9.7% from the April 15th total of 3,520,000 shares. Based on an average daily trading volume, of 775,000 shares, the short-interest ratio is currently 4.1 days. Currently, 4.4% of the company's shares are short sold.
View Jack Henry & Associates' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
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Jack Henry & Associates, Inc. (NASDAQ:JKHY) issued its quarterly earnings data on Tuesday, May, 2nd. The technology company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.03. The technology company earned $508.55 million during the quarter, compared to analyst estimates of $500.76 million. Jack Henry & Associates had a net margin of 17.24% and a trailing twelve-month return on equity of 23.71%. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.16 earnings per share.
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Jack Henry & Associates announced a quarterly dividend on Monday, May 15th. Investors of record on Friday, May 26th will be given a dividend of $0.52 per share on Thursday, June 15th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Thursday, May 25th.
Read our dividend analysis for JKHY.

ETFs with the largest weight of Jack Henry & Associates (NASDAQ:JKHY) stock in their portfolio include Global X FinTech ETF (FINX), Formidable Fortress ETF (KONG), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), First Trust Horizon Managed Volatility Domestic ETF (HUSV), ETFMG Prime Mobile Payments ETF (IPAY), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Natixis Vaughan Nelson Select ETF (VNSE).

Jack Henry & Associates (NASDAQ:JKHY) pays an annual dividend of $2.08 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 33 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKHY will have a dividend payout ratio of 39.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JKHY.

Jack Henry & Associates issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $4.85-$4.87 for the period, compared to the consensus earnings per share estimate of $4.81. The company issued revenue guidance of $2.02 billion-$2.03 billion, compared to the consensus revenue estimate of $2.05 billion.

208 employees have rated Jack Henry & Associates Chief Executive Officer David Foss on Glassdoor.com. David Foss has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jack Henry & Associates investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Intuit (INTU), Verizon Communications (VZ), AbbVie (ABBV), Intel (INTC), Cisco Systems (CSCO) and Alibaba Group (BABA).

Jack Henry & Associates trades on the NASDAQ under the ticker symbol "JKHY."

Jack Henry & Associates' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.45%), Kayne Anderson Rudnick Investment Management LLC (5.00%), State Street Corp (4.40%), CIBC Private Wealth Group LLC (2.63%), JPMorgan Chase & Co. (2.61%) and Geode Capital Management LLC (2.35%). Insiders that own company stock include David B Foss, Laura G Kelly, Stacey E Zengel, Thomas A Wimsett and Thomas Hampton Jr Wilson.
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Shares of JKHY 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.
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One share of JKHY stock can currently be purchased for approximately $148.80.

Jack Henry & Associates (NASDAQ:JKHY) has a market capitalization of $10.84 billion and generates $1.94 billion in revenue each year. The technology company earns $362.92 million in net income (profit) each year or $4.78 on an earnings per share basis.

The company employs 6,847 workers across the globe.

Jack Henry & Associates' mailing address is PO BOX 807 663 HWY 60, MONETT MO, 65708. The official website for the company is www.jackhenry.com. The technology company can be reached via phone at (417) 235-6652, via email at kwilliams@jackhenry.com, or via fax at 417-235-8406.