Wall Street brokerages expect that Tyler Technologies, Inc. (NYSE:TYL) will post $0.78 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Tyler Technologies’ earnings. The highest EPS estimate is $0.81 and the lowest is $0.76. Tyler Technologies posted earnings of $0.74 per share during the same quarter last year, which indicates a positive year over year growth rate of 5.4%. The business is scheduled to report its next quarterly earnings report on Wednesday, July 26th.

According to Zacks, analysts expect that Tyler Technologies will report full-year earnings of $3.29 per share for the current fiscal year, with EPS estimates ranging from $3.24 to $3.37. For the next financial year, analysts expect that the firm will post earnings of $4.03 per share, with EPS estimates ranging from $3.76 to $4.29. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Tyler Technologies.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, April 26th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.74 by $0.01. The company had revenue of $199.54 million during the quarter, compared to analyst estimates of $199.76 million. Tyler Technologies had a net margin of 13.48% and a return on equity of 13.12%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS.

A number of equities research analysts have commented on the company. B. Riley reissued a “buy” rating and issued a $184.00 target price on shares of Tyler Technologies in a report on Sunday, May 14th. Maxim Group reaffirmed a “buy” rating and set a $197.00 price target on shares of Tyler Technologies in a research note on Thursday, April 27th. Finally, Zacks Investment Research raised Tyler Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, April 13th. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $184.60.

ILLEGAL ACTIVITY WARNING: This news story was first published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & international trademark & copyright law. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/06/19/analysts-expect-tyler-technologies-inc-tyl-will-post-earnings-of-0-78-per-share.html.

Shares of Tyler Technologies (NYSE TYL) traded up 0.07% during midday trading on Monday, reaching $169.95. 80,113 shares of the company traded hands. The stock’s 50-day moving average is $168.63 and its 200-day moving average is $155.77. The stock has a market capitalization of $6.30 billion, a P/E ratio of 53.43 and a beta of 0.97. Tyler Technologies has a 1-year low of $139.61 and a 1-year high of $175.77.

In related news, CFO Brian K. Miller sold 13,000 shares of Tyler Technologies stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $169.43, for a total transaction of $2,202,590.00. Following the completion of the sale, the chief financial officer now owns 55,044 shares in the company, valued at approximately $9,326,104.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President H Lynn Moore, Jr. sold 1,848 shares of Tyler Technologies stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $167.81, for a total value of $310,112.88. Following the sale, the president now owns 51,029 shares of the company’s stock, valued at approximately $8,563,176.49. The disclosure for this sale can be found here. Insiders have sold a total of 391,147 shares of company stock valued at $65,052,065 in the last ninety days. Corporate insiders own 10.30% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Assetmark Inc. boosted its stake in Tyler Technologies by 15.1% in the first quarter. Assetmark Inc. now owns 761 shares of the technology company’s stock worth $118,000 after buying an additional 100 shares in the last quarter. New England Research & Management Inc. bought a new stake in Tyler Technologies during the first quarter worth approximately $201,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Tyler Technologies by 32.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,298 shares of the technology company’s stock worth $201,000 after buying an additional 317 shares in the last quarter. Pennsylvania Trust Co bought a new stake in Tyler Technologies during the first quarter worth approximately $239,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Tyler Technologies during the first quarter worth approximately $242,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

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