Brokerages Anticipate Jack Henry & Associates, Inc. (NASDAQ:JKHY) Will Post Earnings of $1.00 Per Share

Wall Street analysts forecast that Jack Henry & Associates, Inc. (NASDAQ:JKHYGet Rating) will announce earnings of $1.00 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Jack Henry & Associates’ earnings. The highest EPS estimate is $1.00 and the lowest is $0.99. Jack Henry & Associates reported earnings per share of $1.04 during the same quarter last year, which would suggest a negative year over year growth rate of 3.8%. The firm is scheduled to report its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Jack Henry & Associates will report full-year earnings of $4.83 per share for the current year, with EPS estimates ranging from $4.81 to $4.84. For the next financial year, analysts forecast that the firm will post earnings of $5.24 per share, with EPS estimates ranging from $5.20 to $5.27. Zacks’ EPS averages are an average based on a survey of analysts that cover Jack Henry & Associates.

Jack Henry & Associates (NASDAQ:JKHYGet Rating) last released its quarterly earnings results on Tuesday, May 3rd. The technology company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.10. Jack Henry & Associates had a net margin of 18.81% and a return on equity of 27.04%. The company had revenue of $478.30 million during the quarter, compared to the consensus estimate of $475.52 million. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s quarterly revenue was up 10.3% on a year-over-year basis.

A number of research analysts recently issued reports on JKHY shares. Royal Bank of Canada lifted their price objective on shares of Jack Henry & Associates from $180.00 to $190.00 in a research note on Thursday, February 10th. cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Monday, May 9th. DA Davidson lifted their price objective on shares of Jack Henry & Associates from $188.00 to $204.00 in a research note on Thursday, February 10th. Finally, Oppenheimer raised shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and set a $206.00 price objective on the stock in a research note on Tuesday, March 1st. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to, the stock currently has a consensus rating of “Hold” and an average target price of $184.50.

NASDAQ JKHY opened at $188.09 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17. Jack Henry & Associates has a 1-year low of $147.50 and a 1-year high of $205.37. The company has a 50 day moving average of $191.20 and a 200-day moving average of $175.32. The company has a market cap of $13.70 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 4.10 and a beta of 0.58.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 14th. Shareholders of record on Friday, May 27th will be paid a dividend of $0.49 per share. The ex-dividend date is Thursday, May 26th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.04%. Jack Henry & Associates’s payout ratio is presently 40.16%.

In other Jack Henry & Associates news, CEO David B. Foss sold 3,247 shares of the business’s stock in a transaction on Wednesday, March 23rd. The shares were sold at an average price of $188.08, for a total transaction of $610,695.76. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.60% of the company’s stock.

Several institutional investors have recently modified their holdings of JKHY. Confluence Wealth Services Inc. bought a new stake in shares of Jack Henry & Associates in the fourth quarter worth $26,000. First National Bank of South Miami acquired a new position in Jack Henry & Associates in the fourth quarter valued at $27,000. Bivin & Associates Inc. acquired a new position in Jack Henry & Associates in the fourth quarter valued at $28,000. Concord Wealth Partners lifted its holdings in Jack Henry & Associates by 2,250.0% in the first quarter. Concord Wealth Partners now owns 141 shares of the technology company’s stock valued at $28,000 after buying an additional 135 shares during the period. Finally, Altshuler Shaham Ltd acquired a new position in Jack Henry & Associates in the third quarter valued at $35,000. 89.58% of the stock is currently owned by institutional investors.

Jack Henry & Associates Company Profile (Get Rating)

Jack Henry & Associates, Inc provides technology solutions and payment processing services primarily for financial services organizations in the United States. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand.

Further Reading

Get a free copy of the Zacks research report on Jack Henry & Associates (JKHY)

For more information about research offerings from Zacks Investment Research, visit

Earnings History and Estimates for Jack Henry & Associates (NASDAQ:JKHY)

Receive News & Ratings for Jack Henry & Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack Henry & Associates and related companies with's FREE daily email newsletter.