Tyler Technologies (TYL) to Release Quarterly Earnings on Wednesday

Tyler Technologies (NYSE:TYL) will announce its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $1.04 per share for the quarter.

Shares of Tyler Technologies (TYL) opened at $193.64 on Wednesday. Tyler Technologies has a 52 week low of $151.37 and a 52 week high of $204.62. The stock has a market cap of $7,250.65, a price-to-earnings ratio of 56.79 and a beta of 1.00.

In other Tyler Technologies news, CEO John S. Marr, Jr. sold 17,000 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $184.93, for a total transaction of $3,143,810.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Brian K. Miller sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $176.86, for a total transaction of $884,300.00. Following the transaction, the vice president now directly owns 55,694 shares of the company’s stock, valued at approximately $9,850,040.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 284,707 shares of company stock valued at $51,517,784. Company insiders own 10.30% of the company’s stock.

Several equities research analysts recently issued reports on TYL shares. Needham & Company LLC reaffirmed a “buy” rating on shares of Tyler Technologies in a research note on Tuesday, October 24th. Zacks Investment Research lowered shares of Tyler Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Piper Jaffray Companies reissued a “buy” rating and set a $200.00 target price on shares of Tyler Technologies in a research report on Friday, October 27th. B. Riley lowered shares of Tyler Technologies from a “buy” rating to a “neutral” rating and set a $184.00 target price for the company. in a research 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 research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $197.00.

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About Tyler Technologies

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.

Earnings History for Tyler Technologies (NYSE:TYL)

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