Jack Henry & Associates (NASDAQ:JKHY) issued its earnings results on Sunday. The technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09, MarketWatch Earnings reports. The firm had revenue of $433.78 million during the quarter, compared to analyst estimates of $439.61 million. Jack Henry & Associates had a net margin of 17.45% and a return on equity of 19.59%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business earned $0.96 earnings per share.
Shares of NASDAQ JKHY traded down $5.36 during mid-day trading on Tuesday, hitting $158.57. The stock had a trading volume of 1,335,481 shares, compared to its average volume of 610,822. Jack Henry & Associates has a 1 year low of $141.65 and a 1 year high of $200.98. The business has a 50 day moving average price of $157.06 and a two-hundred day moving average price of $155.93. The firm has a market cap of $12.06 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 3.88 and a beta of 0.52.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 25th. Shareholders of record on Monday, March 8th were paid a dividend of $0.46 per share. The ex-dividend date was Friday, March 5th. This is an increase from Jack Henry & Associates’s previous quarterly dividend of $0.43. This represents a $1.84 annualized dividend and a dividend yield of 1.16%. Jack Henry & Associates’s dividend payout ratio (DPR) is 47.67%.
About Jack Henry & Associates
Jack Henry & Associates, Inc provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand.
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