
Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) – Equities research analysts at Zacks Research boosted their Q2 2027 earnings estimates for shares of Jack Henry & Associates in a research note issued on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the technology company will post earnings per share of $1.74 for the quarter, up from their prior forecast of $1.67. The consensus estimate for Jack Henry & Associates’ current full-year earnings is $7.37 per share. Zacks Research also issued estimates for Jack Henry & Associates’ Q3 2027 earnings at $1.70 EPS, Q4 2027 earnings at $1.85 EPS, Q1 2028 earnings at $2.04 EPS, Q2 2028 earnings at $1.78 EPS, Q3 2028 earnings at $1.67 EPS, Q4 2028 earnings at $1.62 EPS and FY2028 earnings at $7.10 EPS.
A number of other research firms have also commented on JKHY. Oppenheimer upped their price target on Jack Henry & Associates from $208.00 to $209.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. UBS Group boosted their target price on Jack Henry & Associates from $165.00 to $170.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Barclays raised their price target on Jack Henry & Associates from $170.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Stephens reissued an “overweight” rating and set a $200.00 price objective on shares of Jack Henry & Associates in a research report on Tuesday, August 11th. Finally, The Goldman Sachs Group upped their price objective on shares of Jack Henry & Associates from $158.00 to $178.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Jack Henry & Associates presently has an average rating of “Moderate Buy” and an average price target of $193.40.
Jack Henry & Associates Stock Down 3.5%
NASDAQ JKHY opened at $159.83 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market capitalization of $11.21 billion, a PE ratio of 22.93, a PEG ratio of 1.87 and a beta of 0.56. Jack Henry & Associates has a 1 year low of $121.04 and a 1 year high of $193.39. The business’s 50-day moving average is $156.41 and its 200 day moving average is $151.18.
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.13. The firm had revenue of $633.10 million for the quarter, compared to analysts’ expectations of $631.60 million. Jack Henry & Associates had a net margin of 19.76% and a return on equity of 23.49%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.75 earnings per share. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS.
Jack Henry & Associates Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th will be issued a dividend of $0.61 per share. The ex-dividend date is Friday, September 4th. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.01%.
Hedge Funds Weigh In On Jack Henry & Associates
Several large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC raised its holdings in Jack Henry & Associates by 21.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock worth $384,000 after buying an additional 367 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Jack Henry & Associates by 8.8% during the first quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock valued at $1,312,000 after buying an additional 584 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Jack Henry & Associates by 40.6% during the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after buying an additional 1,778 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Jack Henry & Associates during the first quarter valued at approximately $9,430,000. Finally, Focus Partners Wealth increased its position in shares of Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after acquiring an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.
Key Headlines Impacting Jack Henry & Associates
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Zacks raised several future earnings estimates. Forecasts increased for Q2 2027 EPS to $1.74 from $1.67, Q3 2027 EPS to $1.70 from $1.51, Q4 2027 EPS to $1.85 from $1.60, Q1 2028 EPS to $2.04 from $1.83, and Q2 2028 EPS to $1.78 from $1.76. Zacks also lifted its FY2028 EPS forecast to $7.10 from $6.92, suggesting improved expectations for Jack Henry’s longer-term earnings growth.
- Positive Sentiment: Jack Henry expanded its banking technology ecosystem. Celtic Bank selected the company to support its business-banking and fintech technology stack, helping the lender improve loan financing and scale nationwide. The agreement could reinforce Jack Henry’s position with small-business-focused financial institutions. Celtic Bank Selects Jack Henry to Support Business Banking and Fintech Tech Stack
- Positive Sentiment: Banno gained an additional identity-verification capability. Trust Stamp integrated its driver’s-license verification technology with Jack Henry’s Banno Digital Platform through the Banno Digital Toolkit. The integration may improve fraud prevention and customer onboarding while making the platform more attractive to banks and fintech partners. Trust Stamp integrates ID verification technology with Jack Henry’s Banno platform
- Neutral Sentiment: Estimate revisions were not uniformly positive. Zacks lowered its Q4 2028 EPS forecast to $1.62 from $1.73, partially offsetting the increases elsewhere. The firm’s FY2028 estimate of $7.10 remains below the current-year consensus estimate of $7.37, so investors may continue to focus on the pace of growth and valuation.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.
The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.
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