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Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
NYSE:TYL

Tyler Technologies (TYL) Stock Price, News & Analysis

$402.84
+3.62 (+0.91%)
(As of 04/17/2024 ET)
Today's Range
$397.80
$404.26
50-Day Range
$399.26
$441.26
52-Week Range
$361.16
$454.74
Volume
261,778 shs
Average Volume
204,301 shs
Market Capitalization
$17.10 billion
P/E Ratio
103.56
Dividend Yield
N/A
Price Target
$457.86

Tyler Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
13.7% Upside
$457.86 Price Target
Short Interest
Bearish
2.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.31
Upright™ Environmental Score
News Sentiment
0.80mentions of Tyler Technologies in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$21.97 M Sold Last Quarter
Proj. Earnings Growth
16.25%
From $6.77 to $7.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Computer And Technology Sector

65th out of 592 stocks

Prepackaged Software Industry

18th out of 187 stocks

TYL stock logo

About Tyler Technologies Stock (NYSE:TYL)

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. It also provides public administration solutions, such as civic services; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property and recording service that manages appraisal services, valuation, tax billing and collections, assessment administration, and land and official records; and permitting, licensing, and regulatory management solutions. In addition, the company offers courts and public safety solutions; school ERP and student transportation solutions for K-12 schools; and health and human services solutions. Further, the company offers software as a service arrangements and electronic document filing solutions for courts; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.

TYL Stock Price History

TYL Stock News Headlines

AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Wells Fargo Remains a Buy on Tyler Technologies (TYL)
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
The Analyst Landscape: 11 Takes On Palantir Technologies
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/17/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
CUSIP
90225210
Employees
7,300
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$457.86
High Stock Price Target
$526.00
Low Stock Price Target
$376.00
Potential Upside/Downside
+13.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$165.92 million
Pretax Margin
10.16%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$10.00 per share
Book Value
$69.75 per share

Miscellaneous

Free Float
41,802,000
Market Cap
$17.10 billion
Optionable
Optionable
Beta
0.81

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Should I Buy Tyler Technologies Stock? TYL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tyler Technologies, Inc.:

  • Tyler Technologies provides integrated information management solutions and services for the public sector, offering a diverse range of transformative technology solutions.
  • The company has a strategic collaboration agreement with Amazon Web Services for cloud hosting services, enhancing its technological capabilities and market reach.
  • Recent developments in cybersecurity for government agencies by Tyler Technologies demonstrate a commitment to data security, a crucial aspect for public sector clients.
  • Platform technologies offered by Tyler Technologies enable government workers to build customized solutions and applications, catering to specific needs efficiently.
  • Strong financial applications provided by Tyler Technologies, including revenue management and payment processing, contribute to its comprehensive suite of services for the public sector.

Cons

Investors should be bearish about investing in Tyler Technologies, Inc. for these reasons:

  • Market volatility and economic uncertainties can impact the stock price of Tyler Technologies, requiring investors to carefully assess risks before investing.
  • Competition in the prepackaged software industry, where Tyler Technologies operates, may pose challenges in maintaining market share and profitability.
  • Dependency on government contracts for a significant portion of revenue exposes Tyler Technologies to potential regulatory changes and budget constraints affecting its clients.
  • Fluctuations in demand for public sector solutions and services can influence the financial performance of Tyler Technologies, leading to revenue variability.
  • Investors should consider the current stock price of Tyler Technologies and evaluate its valuation metrics to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Tyler Technologies pros and cons to contact@marketbeat.com.

TYL Stock Analysis - Frequently Asked Questions

Should I buy or sell Tyler Technologies stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tyler Technologies in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TYL shares.
View TYL analyst ratings
or view top-rated stocks.

What is Tyler Technologies' stock price target for 2024?

12 analysts have issued 12-month target prices for Tyler Technologies' shares. Their TYL share price targets range from $376.00 to $526.00. On average, they predict the company's stock price to reach $457.86 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for TYL
or view top-rated stocks among Wall Street analysts.

How have TYL shares performed in 2024?

Tyler Technologies' stock was trading at $418.12 at the beginning of the year. Since then, TYL shares have decreased by 3.7% and is now trading at $402.84.
View the best growth stocks for 2024 here
.

When is Tyler Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TYL earnings forecast
.

How can I listen to Tyler Technologies' earnings call?

Tyler Technologies will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Tyler Technologies' earnings last quarter?

Tyler Technologies, Inc. (NYSE:TYL) posted its earnings results on Wednesday, February, 14th. The technology company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. The technology company had revenue of $480.94 million for the quarter, compared to analyst estimates of $483.34 million. Tyler Technologies had a trailing twelve-month return on equity of 8.85% and a net margin of 8.50%.

What guidance has Tyler Technologies issued on next quarter's earnings?

Tyler Technologies updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 8.900-9.100 for the period, compared to the consensus earnings per share estimate of 8.780. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

What is Lynn Moore Jr.'s approval rating as Tyler Technologies' CEO?

63 employees have rated Tyler Technologies Chief Executive Officer Lynn Moore Jr. on Glassdoor.com. Lynn Moore Jr. has an approval rating of 91% among the company's employees. This puts Lynn Moore Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Tyler Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tyler Technologies investors own include NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Verizon Communications (VZ), Alibaba Group (BABA), ServiceNow (NOW), Advanced Micro Devices (AMD), Salesforce (CRM), Intel (INTC) and Cisco Systems (CSCO).

Who are Tyler Technologies' major shareholders?

Tyler Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Westwind Capital (0.12%), Norris Perne & French LLP MI (0.05%), Reliant Investment Management LLC (0.03%), Los Angeles Capital Management LLC (0.03%), Czech National Bank (0.02%) and Norway Savings Bank (0.01%). Insiders that own company stock include Brian K Miller, Daniel M Pope, Dustin R Womble, Glenn A Carter, H Lynn Moore Jr, H Lynn Moore, Jr, Jeffrey David Puckett, John S Marr Jr, John S Marr, Jr, Luther King Jr and Mary L Landrieu.
View institutional ownership trends
.

How do I buy shares of Tyler Technologies?

Shares of TYL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TYL) was last updated on 4/18/2024 by MarketBeat.com Staff

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