Brokerages Set Tyler Technologies, Inc. (NYSE:TYL) Price Target at $472.38

Shares of Tyler Technologies, Inc. (NYSE:TYL) have received an average recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $472.3750.

Several brokerages have recently issued reports on TYL. Truist Financial set a $440.00 price objective on shares of Tyler Technologies in a research report on Friday, May 1st. Cantor Fitzgerald upped their target price on shares of Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $455.00 target price on Tyler Technologies in a report on Friday, May 1st. Weiss Ratings downgraded Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Finally, Barclays boosted their price target on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th.

Hedge Funds Weigh In On Tyler Technologies

Large investors have recently bought and sold shares of the company. Salomon & Ludwin LLC raised its holdings in shares of Tyler Technologies by 6,100.0% in the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after purchasing an additional 61 shares during the last quarter. DV Equities LLC acquired a new position in Tyler Technologies during the fourth quarter worth $27,000. Elyxium Wealth LLC bought a new position in Tyler Technologies in the fourth quarter valued at $29,000. Bayban bought a new position in Tyler Technologies in the fourth quarter valued at $30,000. Finally, Cornerstone Planning Group LLC increased its stake in Tyler Technologies by 3,900.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock valued at $34,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 93.30% of the company’s stock.

Tyler Technologies Price Performance

Shares of Tyler Technologies stock opened at $321.85 on Friday. The company has a market capitalization of $13.57 billion, a P/E ratio of 44.45, a price-to-earnings-growth ratio of 2.12 and a beta of 0.82. The business has a 50-day moving average of $308.53 and a two-hundred day moving average of $351.84. Tyler Technologies has a 1 year low of $270.71 and a 1 year high of $621.34.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.08. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business had revenue of $613.50 million during the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, equities analysts anticipate that Tyler Technologies will post 10.04 EPS for the current fiscal year.

Tyler Technologies Company Profile

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.