Korn/Ferry International (NYSE:KFY) to Issue $0.48 Quarterly Dividend

Korn/Ferry International (NYSE:KFY) declared a quarterly dividend on Monday, September 8th, RTT News reports. Investors of record on Friday, September 26th will be paid a dividend of 0.48 per share by the business services provider on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, September 26th.

Korn/Ferry International has a dividend payout ratio of 32.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Korn/Ferry International to earn $5.37 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 35.8%.

Korn/Ferry International Price Performance

Shares of Korn/Ferry International stock opened at $72.51 on Wednesday. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64. The stock has a market capitalization of $3.80 billion, a P/E ratio of 15.39 and a beta of 1.49. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21. The business’s fifty day moving average price is $73.04 and its 200 day moving average price is $69.39.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.The company had revenue of $708.61 million for the quarter, compared to analyst estimates of $688.72 million. During the same period last year, the company posted $1.17 earnings per share. The firm’s revenue was up 4.8% compared to the same quarter last year. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, research analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Hedge Funds Weigh In On Korn/Ferry International

Institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc grew its holdings in shares of Korn/Ferry International by 75.9% during the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 223 shares during the last quarter. CX Institutional bought a new position in shares of Korn/Ferry International during the first quarter valued at approximately $39,000. Kestra Investment Management LLC grew its holdings in shares of Korn/Ferry International by 71.8% during the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 242 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Korn/Ferry International by 200.0% during the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Korn/Ferry International by 84.1% during the second quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 390 shares during the last quarter. 98.82% of the stock is owned by institutional investors.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.