Tyler Technologies, Inc. (NYSE:TYL) Receives $456.72 Consensus Target Price from Brokerages

Tyler Technologies, Inc. (NYSE:TYL) has earned an average rating of “Moderate Buy” from the eighteen analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, thirteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $456.7222.

Several equities research analysts recently commented on TYL shares. JPMorgan Chase & Co. lowered their price target on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. Piper Sandler reduced their target price on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Robert W. Baird set a $455.00 target price on shares of Tyler Technologies in a research report on Friday, May 1st. Finally, Barclays increased their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th.

Tyler Technologies Price Performance

TYL opened at $378.87 on Monday. The stock has a market cap of $15.51 billion, a price-to-earnings ratio of 50.25, a PEG ratio of 2.43 and a beta of 0.81. Tyler Technologies has a 1 year low of $270.71 and a 1 year high of $566.58. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The stock has a fifty day moving average price of $316.86 and a 200 day moving average price of $324.04.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million for the quarter, compared to analyst estimates of $647.95 million. During the same period in the prior year, the firm posted $2.91 EPS. The business’s revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Analysts forecast that Tyler Technologies will post 10.13 EPS for the current fiscal year.

Insider Transactions at Tyler Technologies

In related news, COO Jeffrey David Puckett sold 8,500 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $356.44, for a total value of $3,029,740.00. Following the completion of the sale, the chief operating officer directly owned 7,784 shares in the company, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Institutional Trading of Tyler Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. DV Equities LLC bought a new stake in shares of Tyler Technologies during the 4th quarter worth about $27,000. Raiffeisen Bank International AG raised its stake in shares of Tyler Technologies by 259.3% in the 2nd quarter. Raiffeisen Bank International AG now owns 97 shares of the technology company’s stock valued at $28,000 after acquiring an additional 70 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of Tyler Technologies in the 4th quarter valued at approximately $29,000. Bayban acquired a new stake in Tyler Technologies in the 4th quarter worth approximately $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

About Tyler Technologies

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.