Tyler Technologies, Inc. (NYSE:TYL – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Tyler Technologies in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst M. Vanvliet forecasts that the technology company will post earnings of $9.59 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $600.00 price objective on the stock. The consensus estimate for Tyler Technologies’ current full-year earnings is $8.52 per share.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its earnings results on Wednesday, April 23rd. The technology company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.22. Tyler Technologies had a net margin of 12.30% and a return on equity of 10.15%. The business had revenue of $562.43 million during the quarter, compared to the consensus estimate of $556.45 million. During the same quarter in the previous year, the firm posted $2.20 EPS. The firm’s revenue was up 10.3% on a year-over-year basis.
Read Our Latest Stock Analysis on Tyler Technologies
Tyler Technologies Trading Up 1.2%
NYSE:TYL opened at $587.24 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.21 and a debt-to-equity ratio of 0.18. Tyler Technologies has a 12 month low of $458.50 and a 12 month high of $661.31. The company has a market cap of $25.32 billion, a PE ratio of 96.90, a price-to-earnings-growth ratio of 4.93 and a beta of 0.84. The company has a 50 day simple moving average of $561.07 and a two-hundred day simple moving average of $585.55.
Insiders Place Their Bets
In other news, Director Daniel M. Pope sold 365 shares of the business’s stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $550.00, for a total value of $200,750.00. Following the sale, the director now directly owns 2,853 shares in the company, valued at $1,569,150. The trade was a 11.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Abigail Marshall Diaz-Pedrosa sold 375 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $573.60, for a total transaction of $215,100.00. Following the completion of the sale, the insider now owns 247 shares in the company, valued at approximately $141,679.20. This trade represents a 60.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,806 shares of company stock worth $10,092,030 in the last 90 days. 1.10% of the stock is currently owned by corporate insiders.
Institutional Trading of Tyler Technologies
A number of large investors have recently made changes to their positions in TYL. Norges Bank bought a new stake in shares of Tyler Technologies in the 4th quarter worth about $528,465,000. GAMMA Investing LLC grew its holdings in Tyler Technologies by 57,694.7% during the 1st quarter. GAMMA Investing LLC now owns 878,480 shares of the technology company’s stock valued at $510,739,000 after purchasing an additional 876,960 shares during the last quarter. Van ECK Associates Corp grew its holdings in Tyler Technologies by 1,991.8% during the 4th quarter. Van ECK Associates Corp now owns 550,580 shares of the technology company’s stock valued at $317,486,000 after purchasing an additional 524,259 shares during the last quarter. Raymond James Financial Inc. bought a new position in Tyler Technologies during the 4th quarter valued at about $159,947,000. Finally, JPMorgan Chase & Co. grew its holdings in Tyler Technologies by 148.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 461,469 shares of the technology company’s stock valued at $269,369,000 after purchasing an additional 275,511 shares during the last quarter. 93.30% of the stock is currently owned by institutional investors.
Tyler Technologies Company Profile
Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.
See Also
- Five stocks we like better than Tyler Technologies
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- Want to Profit on the Downtrend? Downtrends, Explained.
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Government Mandate Sends eVTOL Stocks Flying
Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.