$1.04 Earnings Per Share Expected for Tyler Technologies, Inc. (TYL) This Quarter

Brokerages expect Tyler Technologies, Inc. (NYSE:TYL) to post earnings per share of $1.04 for the current quarter, according to Zacks. Three analysts have provided estimates for Tyler Technologies’ earnings. The highest EPS estimate is $1.06 and the lowest is $1.03. Tyler Technologies reported earnings per share of $0.90 during the same quarter last year, which suggests a positive year over year growth rate of 15.6%. The firm is expected to announce its next quarterly earnings results after the market closes on Wednesday, February 21st.

According to Zacks, analysts expect that Tyler Technologies will report full year earnings of $3.90 per share for the current fiscal year, with EPS estimates ranging from $3.89 to $3.91. For the next year, analysts expect that the firm will report earnings of $4.38 per share, with EPS estimates ranging from $4.32 to $4.45. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Tyler Technologies.

A number of equities analysts have commented on TYL shares. Needham & Company LLC reiterated a “buy” rating on shares of Tyler Technologies in a report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Tyler Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Piper Jaffray Companies reiterated a “buy” rating and issued a $200.00 target price on shares of Tyler Technologies in a report on Friday, October 27th. B. Riley downgraded shares of Tyler Technologies from a “buy” rating to a “neutral” rating and set a $184.00 target price for the company. in a report on Friday, October 27th. Finally, Maxim Group set a $197.00 target price on shares of Tyler Technologies and gave the stock a “buy” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $200.29.

In other news, Director Larry D. Leinweber sold 64,612 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $180.85, for a total transaction of $11,685,080.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Brian K. Miller sold 5,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $176.86, for a total value of $884,300.00. Following the sale, the vice president now owns 55,694 shares in the company, valued at approximately $9,850,040.84. The disclosure for this sale can be found here. Insiders have sold 276,607 shares of company stock worth $50,123,369 in the last 90 days. Insiders own 10.30% of the company’s stock.

Several hedge funds have recently modified their holdings of TYL. Zions Bancorporation purchased a new stake in shares of Tyler Technologies during the third quarter worth about $156,000. San Francisco Sentry Investment Group CA grew its stake in shares of Tyler Technologies by 1,334.7% during the fourth quarter. San Francisco Sentry Investment Group CA now owns 1,076 shares of the technology company’s stock worth $191,000 after acquiring an additional 1,001 shares during the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Tyler Technologies during the third quarter worth about $218,000. Stone Ridge Asset Management LLC purchased a new stake in shares of Tyler Technologies during the fourth quarter worth about $229,000. Finally, MML Investors Services LLC purchased a new stake in shares of Tyler Technologies during the fourth quarter worth about $253,000. Institutional investors and hedge funds own 94.30% of the company’s stock.

Shares of Tyler Technologies (TYL) opened at $205.81 on Monday. The firm has a market capitalization of $7,731.90, a PE ratio of 60.36 and a beta of 1.00. Tyler Technologies has a fifty-two week low of $151.37 and a fifty-two week high of $208.26.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://www.thelincolnianonline.com/2018/02/19/1-04-earnings-per-share-expected-for-tyler-technologies-inc-tyl-this-quarter.html.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.

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$1.04 Earnings Per Share Expected for Tyler Technologies, Inc. (TYL) This Quarter

Analysts expect Tyler Technologies, Inc. (NYSE:TYL) to post earnings of $1.04 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Tyler Technologies’ earnings. The lowest EPS estimate is $1.03 and the highest is $1.06. Tyler Technologies reported earnings of $0.90 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 15.6%. The business is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, February 21st.

According to Zacks, analysts expect that Tyler Technologies will report full-year earnings of $3.90 per share for the current financial year, with EPS estimates ranging from $3.89 to $3.91. For the next financial year, analysts expect that the firm will post earnings of $4.38 per share, with EPS estimates ranging from $4.32 to $4.45. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Tyler Technologies.

A number of equities analysts recently commented on TYL shares. Needham & Company LLC restated a “buy” rating on shares of Tyler Technologies in a report on Tuesday, October 24th. B. Riley restated a “neutral” rating and set a $184.00 target price on shares of Tyler Technologies in a report on Thursday, October 26th. Maxim Group set a $197.00 target price on Tyler Technologies and gave the company a “buy” rating in a report on Thursday, October 26th. Piper Jaffray Companies restated a “buy” rating and set a $200.00 target price on shares of Tyler Technologies in a report on Friday, October 27th. Finally, Zacks Investment Research upgraded Tyler Technologies from a “hold” rating to a “buy” rating and set a $198.00 target price for the company in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $200.29.

In other Tyler Technologies news, Director Larry D. Leinweber sold 21,249 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $181.95, for a total value of $3,866,255.55. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Larry D. Leinweber sold 64,612 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $180.85, for a total value of $11,685,080.20. The disclosure for this sale can be found here. Insiders sold a total of 276,607 shares of company stock worth $50,123,369 in the last ninety days. 10.30% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of TYL. Zions Bancorporation acquired a new stake in Tyler Technologies in the 3rd quarter valued at about $156,000. San Francisco Sentry Investment Group CA raised its position in Tyler Technologies by 1,334.7% in the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,076 shares of the technology company’s stock valued at $191,000 after purchasing an additional 1,001 shares in the last quarter. CIBC Asset Management Inc acquired a new stake in Tyler Technologies in the 3rd quarter valued at about $218,000. Stone Ridge Asset Management LLC acquired a new stake in Tyler Technologies in the 4th quarter valued at about $229,000. Finally, MML Investors Services LLC acquired a new stake in shares of Tyler Technologies during the 4th quarter worth about $253,000. 94.30% of the stock is currently owned by institutional investors.

Tyler Technologies (NYSE:TYL) opened at $205.81 on Monday. Tyler Technologies has a twelve month low of $151.37 and a twelve month high of $208.26. The company has a market capitalization of $7,731.90, a PE ratio of 60.36 and a beta of 1.00.

ILLEGAL ACTIVITY NOTICE: “$1.04 Earnings Per Share Expected for Tyler Technologies, Inc. (TYL) This Quarter” was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and international copyright and trademark legislation. The original version of this report can be read at https://www.thelincolnianonline.com/2018/02/19/1-04-earnings-per-share-expected-for-tyler-technologies-inc-tyl-this-quarter.html.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.

Get a free copy of the Zacks research report on Tyler Technologies (TYL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

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