Korn/Ferry International (KFY) To Go Ex-Dividend on July 6th

Korn/Ferry International (NYSE:KFY) declared a quarterly dividend on Monday, June 22nd. Investors of record on Monday, July 6th will be paid a dividend of 0.55 per share by the business services provider on Friday, July 31st. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, July 6th.

Korn/Ferry International has increased its dividend payment by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Korn/Ferry International has a dividend payout ratio of 37.7% meaning its dividend is sufficiently covered by earnings. 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 0.1%

Shares of NYSE:KFY opened at $69.64 on Friday. The business’s 50-day moving average is $68.89 and its 200 day moving average is $66.31. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 2.01. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50. The firm has a market capitalization of $3.54 billion, a P/E ratio of 13.29 and a beta of 1.21.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The business had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. During the same quarter last year, the company earned $1.32 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, research analysts predict that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Korn/Ferry International

A number of institutional investors and hedge funds have recently modified their holdings of KFY. Vanguard Group Inc. lifted its stake in shares of Korn/Ferry International by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock valued at $406,649,000 after purchasing an additional 44,425 shares during the period. M&T Bank Corp boosted its holdings in Korn/Ferry International by 5,956.0% during the fourth quarter. M&T Bank Corp now owns 229,884 shares of the business services provider’s stock worth $15,177,000 after buying an additional 226,088 shares in the last quarter. Teacher Retirement System of Texas grew its position in Korn/Ferry International by 16.7% during the fourth quarter. Teacher Retirement System of Texas now owns 110,419 shares of the business services provider’s stock valued at $7,290,000 after buying an additional 15,782 shares during the period. William Blair Investment Management LLC grew its position in Korn/Ferry International by 4.2% during the fourth quarter. William Blair Investment Management LLC now owns 414,465 shares of the business services provider’s stock valued at $27,363,000 after buying an additional 16,821 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in Korn/Ferry International in the third quarter valued at $4,568,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

About Korn/Ferry International

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.