Korn/Ferry International (KFY) to Issue Quarterly Dividend of $0.55 on October 15th

Korn/Ferry International (NYSE:KFY) announced a quarterly dividend on Tuesday, September 8th. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.55 per share by the business services provider on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Korn/Ferry International has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 5 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 $6.33 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 34.8%.

Korn/Ferry International Trading Down 0.9%

KFY stock opened at $81.31 on Thursday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 15.52 and a beta of 1.19. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $87.51. The firm’s fifty day simple moving average is $80.77 and its two-hundred day simple moving average is $71.20.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Wednesday, September 9th. The business services provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. The company had revenue of $764.62 million during the quarter, compared to analysts’ expectations of $737.66 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. Korn/Ferry International’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the business earned $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, analysts anticipate that Korn/Ferry International will post 6.04 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on KFY. Robert W. Baird upped their target price on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Truist Financial lifted their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Finally, UBS Group increased their price target on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.