Tyler Technologies, Inc. (NYSE:TYL) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Tyler Technologies, Inc. (NYSE:TYL) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $472.3750.

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

Institutional Trading of Tyler Technologies

Large investors have recently modified their holdings of the business. DV Equities LLC bought a new position in Tyler Technologies during the 4th quarter valued at approximately $27,000. Salomon & Ludwin LLC grew its position in shares of Tyler Technologies by 6,100.0% in the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $29,000. Advisors Asset Management Inc. purchased a new position in shares of Tyler Technologies during the first quarter valued at approximately $38,000. Finally, Bayban purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $30,000. 93.30% of the stock is owned by institutional investors.

Tyler Technologies Trading Down 1.1%

NYSE TYL opened at $310.70 on Friday. The firm has a market cap of $13.10 billion, a PE ratio of 42.91, a price-to-earnings-growth ratio of 2.09 and a beta of 0.82. Tyler Technologies has a 1-year low of $270.71 and a 1-year high of $621.34. The stock has a 50-day moving average of $307.47 and a 200-day moving average of $349.80.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $608.66 million. During the same period last year, the company earned $2.78 EPS. Tyler Technologies’s revenue for the quarter was up 8.5% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. As a group, equities research analysts forecast that Tyler Technologies will post 10.04 earnings per share 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.