Korn/Ferry International (KFY) Declares $0.10 Quarterly Dividend
Korn/Ferry International (NYSE:KFY) announced a quarterly dividend on Thursday, December 7th, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be paid a dividend of 0.10 per share by the business services provider on Friday, January 12th. This represents a $0.40 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, December 19th.
Korn/Ferry International (NYSE KFY) traded up $0.10 during trading hours on Thursday, hitting $42.16. 575,300 shares of the stock traded hands, compared to its average volume of 348,116. Korn/Ferry International has a twelve month low of $26.38 and a twelve month high of $44.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.13 and a current ratio of 2.13. The company has a market cap of $2,376.07, a price-to-earnings ratio of 18.37 and a beta of 1.35.
Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Wednesday, December 6th. The business services provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.64 by $0.03. Korn/Ferry International had a net margin of 6.69% and a return on equity of 12.03%. The business had revenue of $443.02 million during the quarter, compared to analyst estimates of $424.09 million. During the same quarter in the previous year, the business posted $0.59 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. sell-side analysts expect that Korn/Ferry International will post 2.45 EPS for the current fiscal year.
KFY has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Wednesday, October 11th. SunTrust Banks lifted their price objective on shares of Korn/Ferry International from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, September 7th. ValuEngine downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Korn/Ferry International in a research report on Thursday. Finally, Deutsche Bank boosted their target price on shares of Korn/Ferry International from $34.00 to $40.00 and gave the stock a “hold” rating in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. Korn/Ferry International presently has a consensus rating of “Buy” and an average target price of $43.40.
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Korn/Ferry International Company Profile
Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.
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