Tyler Technologies, Inc. (NYSE:TYL) Receives Average Rating of “Moderate Buy” from Brokerages

Tyler Technologies, Inc. (NYSE:TYL) has been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $472.3750.

Several analysts have issued reports on the stock. BTIG Research reiterated a “buy” rating and issued a $420.00 target price on shares of Tyler Technologies in a research note on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and set a $500.00 price target on shares of Tyler Technologies in a research report on Tuesday, April 28th. Barclays upped their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Finally, Weiss Ratings downgraded Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th.

Institutional Trading of Tyler Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Cerity Partners LLC boosted its position in shares of Tyler Technologies by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 2,959 shares of the technology company’s stock valued at $1,754,000 after acquiring an additional 19 shares during the last quarter. Coldstream Capital Management Inc. increased its position in shares of Tyler Technologies by 2.0% in the third quarter. Coldstream Capital Management Inc. now owns 1,167 shares of the technology company’s stock worth $611,000 after purchasing an additional 23 shares during the last quarter. Signaturefd LLC raised its stake in Tyler Technologies by 4.4% in the fourth quarter. Signaturefd LLC now owns 640 shares of the technology company’s stock valued at $291,000 after purchasing an additional 27 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after purchasing an additional 27 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its position in Tyler Technologies by 7.0% during the fourth quarter. Apollon Wealth Management LLC now owns 445 shares of the technology company’s stock valued at $202,000 after purchasing an additional 29 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Stock Down 0.1%

Shares of TYL opened at $317.63 on Friday. Tyler Technologies has a twelve month low of $270.71 and a twelve month high of $621.34. The stock has a market cap of $13.39 billion, a PE ratio of 43.87, a P/E/G ratio of 2.11 and a beta of 0.82. The business’s 50-day moving average price is $309.26 and its 200-day moving average price is $354.32.

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

About Tyler Technologies

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.