Korn/Ferry International (NYSE:KFY) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Korn/Ferry International (NYSE:KFY) released its earnings results on Wednesday. The business services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07, FiscalAI reports. The firm had revenue of $764.62 million for the quarter, compared to the consensus estimate of $737.66 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. During the same quarter in the previous year, the firm earned $1.26 earnings per share. Korn/Ferry International updated its Q2 2027 guidance to 1.300-1.400 EPS.

Korn/Ferry International Price Performance

Korn/Ferry International stock opened at $81.71 on Wednesday. Korn/Ferry International has a 12-month low of $58.95 and a 12-month high of $87.51. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $80.50 and a 200-day moving average price of $71.07. The firm has a market capitalization of $4.20 billion, a PE ratio of 15.59 and a beta of 1.19.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd will be paid a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, September 22nd. This represents a $2.20 annualized dividend and a dividend yield of 2.7%. Korn/Ferry International’s dividend payout ratio is currently 41.98%.

Institutional Investors Weigh In On Korn/Ferry International

Institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. lifted its position in shares of Korn/Ferry International by 0.5% during the fourth quarter. Russell Investments Group Ltd. now owns 31,860 shares of the business services provider’s stock worth $2,103,000 after purchasing an additional 167 shares during the last quarter. Vise Technologies Inc. boosted its position in Korn/Ferry International by 2.9% in the 3rd quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider’s stock valued at $446,000 after buying an additional 179 shares during the period. Illinois Municipal Retirement Fund boosted its position in Korn/Ferry International by 0.7% in the 4th quarter. Illinois Municipal Retirement Fund now owns 27,555 shares of the business services provider’s stock valued at $1,819,000 after buying an additional 181 shares during the period. M&T Bank Corp grew its stake in Korn/Ferry International by 6.2% in the 2nd quarter. M&T Bank Corp now owns 3,770 shares of the business services provider’s stock worth $276,000 after acquiring an additional 220 shares in the last quarter. Finally, MML Investors Services LLC increased its position in shares of Korn/Ferry International by 5.6% during the fourth quarter. MML Investors Services LLC now owns 4,231 shares of the business services provider’s stock worth $279,000 after acquiring an additional 224 shares during the period. 98.82% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

KFY has been the topic of several research analyst reports. Truist Financial boosted their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. UBS Group boosted their target price on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings upgraded Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Robert W. Baird lifted their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $78.50.

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.