Korn Ferry (NYSE:KFY) Updates Q2 Earnings Guidance

Korn Ferry (NYSE:KFY) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.14-1.26 for the period, compared to the consensus estimate of $1.20. Korn Ferry also updated its Q2 2025 guidance to 1.140-1.260 EPS.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. StockNews.com raised shares of Korn Ferry from a hold rating to a buy rating in a research note on Thursday, June 20th. Truist Financial reiterated a buy rating and set a $78.00 price objective (up previously from $74.00) on shares of Korn Ferry in a research note on Friday, June 14th. Robert W. Baird upped their target price on Korn Ferry from $72.00 to $79.00 and gave the stock an outperform rating in a research report on Friday, June 14th. Finally, UBS Group increased their price target on Korn Ferry from $66.00 to $68.00 and gave the company a neutral rating in a research note on Friday, June 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus target price of $75.00.

Korn Ferry Stock Performance

NYSE:KFY opened at $66.62 on Friday. The company has a 50-day moving average of $69.45 and a 200-day moving average of $65.99. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 20.69 and a beta of 1.54. The company has a current ratio of 1.79, a quick ratio of 1.83 and a debt-to-equity ratio of 0.23. Korn Ferry has a twelve month low of $44.45 and a twelve month high of $75.30.

Korn Ferry (NYSE:KFY) last posted its quarterly earnings results on Thursday, September 5th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. Korn Ferry had a net margin of 6.05% and a return on equity of 13.18%. The firm had revenue of $682.80 million for the quarter, compared to analyst estimates of $663.84 million. During the same quarter in the previous year, the business posted $0.99 earnings per share. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. Analysts forecast that Korn Ferry will post 4.81 earnings per share for the current fiscal year.

Korn Ferry Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th will be issued a dividend of $0.37 per share. The ex-dividend date is Thursday, September 19th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.22%. Korn Ferry’s dividend payout ratio is currently 45.96%.

Insider Activity

In other Korn Ferry news, CEO Mark Arian sold 5,000 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $66.01, for a total value of $330,050.00. Following the completion of the sale, the chief executive officer now owns 91,484 shares in the company, valued at approximately $6,038,858.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Korn Ferry Company Profile

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.