Korn/Ferry International (KFY) To Go Ex-Dividend on March 27th

Korn/Ferry International (NYSE:KFY) announced a quarterly dividend on Thursday, March 5th. Shareholders of record on Friday, March 27th will be given a dividend of 0.55 per share by the business services provider on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 27th. This is a 14.6% increase from Korn/Ferry International’s previous quarterly dividend of $0.48.

Korn/Ferry International has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Korn/Ferry International has a payout ratio of 37.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Korn/Ferry International to earn $5.37 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 41.0%.

Korn/Ferry International Trading Down 0.7%

Shares of NYSE KFY traded down $0.44 during trading hours on Wednesday, reaching $62.25. The stock had a trading volume of 13,423 shares, compared to its average volume of 561,053. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $78.50. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 12.29 and a beta of 1.32. The business’s fifty day moving average price is $64.27 and its two-hundred day moving average price is $66.79. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings results on Monday, March 9th. The business services provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The firm had revenue of $725.04 million for the quarter, compared to analyst estimates of $692.45 million. During the same quarter last year, the firm posted $1.19 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Analysts expect that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the company. UBS Group dropped their target price on Korn/Ferry International from $72.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 10th. Weiss Ratings downgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Finally, Truist Financial reduced their target price on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average target price of $71.33.

Korn/Ferry International Company Profile

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.