Tyler Technologies (TYL) Stock Forecast & Price Target
TYL$373.96+13.06 +3.62%
$15.31B
Market Cap
45.00
P/E
28.59
Forward P/E
56
Score
Tyler Technologies (TYL) Stock Forecast & Price Target
TYL price $373.96 +13.06 +3.62%
- Ticker
- TYL
- Price
- $373.96
- Change
- +13.06 +3.62%
- Market cap ?
- $15.31B
- P/E ?
- 45.00
- Forward P/E ?
- 28.59
- Dividend yield ?
- 0.00%
- Beta ?
- 0.85
- Sector
- Technology
- Industry
- Software - Application
- Stocklytics score
- 56
- Value
- 51
- Quality
- 59
- Growth
- 58
Stocklytics score rationale: value 51, quality 59, growth 58.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 756043000 | 840662000 | 935282000 | 1086427000 | 1116663000 | 1592287000 | 1850204000 | 1951751000 | 2137803000 | 2332340000 |
Tyler Technologies, Inc. specializes in delivering comprehensive information management solutions and services tailored for the public sector. Its operations are organized into three primary divisions: Enterprise Software, Appraisal and Tax, and NIC. The company's extensive product portfolio encompasses financial management tools, such as modular fund accounting systems designed for government bodies and non-profit…
Fair value
TYL fair value $388.70. Price $373.96. Price is about fair value.
Above fair value, but less expensive than usual. A smaller premium than on 86% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 740.99M. Growth 10.70%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.97% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 40.95M. Net debt -372.79M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-10 | — | 3.42 | — | 643.78M |
| 2026-10-28 | 3.52 | 3.48 | 647.57M | 651.53M |
| 2026-07-29 | 3.08 | 3.05 | 645.10M | 647.95M |
| 2026-04-29 | 3.09 | 3.00 | 613.50M | 608.66M |
| 2026-02-11 | 2.64 | 2.71 | 575.18M | 591.04M |
| 2025-10-29 | 2.97 | 2.86 | 595.88M | 594.31M |
| 2025-07-30 | 2.91 | 2.77 | 596.12M | 587.58M |
| 2025-04-23 | 2.78 | 2.56 | 565.16M | 556.76M |
| 2025-02-12 | 2.43 | 2.44 | 541.13M | 540.71M |
| 2024-10-23 | 2.52 | 2.46 | 543.34M | 546.02M |
| 2024-07-24 | 2.40 | 2.30 | 540.98M | 541.01M |
| 2024-04-24 | 2.20 | 2.04 | 512.36M | 508.27M |
| 2024-02-14 | 1.89 | 1.86 | 480.94M | 484.69M |
| 2023-11-01 | 2.14 | 1.97 | 494.68M | 495.85M |
| 2023-07-26 | 2.01 | 1.86 | 504.28M | 504.28M |
| 2023-04-26 | 1.76 | 1.71 | 471.85M | 492.43M |
| 2023-02-15 | 1.66 | 1.74 | 452.22M | 454.62M |
| 2022-10-26 | 2.06 | 1.87 | 473.19M | 470.79M |
| 2022-07-27 | 1.88 | 1.83 | 468.69M | 460.07M |
| 2022-04-27 | 1.90 | 1.77 | 456.11M | 433.27M |
| 2022-02-16 | 1.75 | 1.74 | 433.54M | 432.67M |
| 2021-10-27 | 2.01 | 1.74 | 459.87M | 425.99M |
| 2021-07-28 | 1.83 | 1.65 | 404.07M | 425.99M |
| 2021-04-28 | 1.43 | 1.31 | 294.80M | 288.91M |
| 2021-02-10 | 1.39 | 1.42 | 283.29M | 291.48M |
| 2020-11-04 | 1.50 | 1.34 | 285.75M | 253.36M |
| 2020-07-29 | 1.38 | 1.20 | 271.09M | 235.73M |
| 2020-04-29 | 1.25 | 1.25 | 276.54M | 276.54M |
| 2020-02-12 | 1.43 | 1.43 | 288.84M | 288.84M |
| 2019-10-30 | 1.35 | 1.36 | 275.40M | 277.44M |
| 2019-07-31 | 1.30 | 1.30 | 275.12M | 273.01M |
| 2019-05-01 | 1.22 | 1.22 | 247.07M | 247.07M |
| 2019-02-20 | 1.26 | 1.26 | 241.98M | 241.98M |
| 2018-10-31 | 1.23 | 1.23 | 236.07M | 236.10M |
| 2018-07-26 | 1.18 | 1.13 | 236.06M | 226.10M |
| 2018-05-02 | 1.13 | 1.12 | 221.17M | 219.24M |
| 2018-02-21 | 1.07 | 1.04 | 217.85M | 211.60M |
| 2017-10-25 | 1.05 | 1.02 | 214.15M | 208.57M |
| 2017-07-26 | 0.91 | 0.94 | 209.12M | 215.68M |
| 2017-04-26 | 0.90 | 0.88 | 199.54M | 195.26M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency Quarterly.
Safety score 49/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 4 separate years. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 1990-01-31 | $0.01 | 1990-02-06 | 1990-02-20 | Quarterly |
| 1989-11-02 | $0.01 | 1989-11-08 | 1989-11-20 | Semi-Annual |
| 1989-04-26 | $0.01 | 1989-05-02 | 1989-05-15 | Quarterly |
| 1989-02-01 | $0.01 | 1989-02-07 | 1989-02-21 | Quarterly |
| 1988-11-03 | $0.01 | 1988-11-09 | 1988-11-21 | Quarterly |
| 1988-08-22 | $3.33 | 1988-08-15 | — | Monthly |
| 1988-08-09 | $0.04 | — | — | Quarterly |
| 1988-04-27 | $0.04 | 1988-05-03 | 1988-05-16 | Quarterly |
| 1988-02-03 | $0.04 | 1988-02-09 | 1988-02-22 | Quarterly |
| 1987-10-29 | $0.04 | 1987-11-04 | 1987-11-16 | Quarterly |
| 1987-07-29 | $0.03 | 1987-08-04 | 1987-08-17 | Quarterly |
| 1987-04-29 | $0.03 | 1987-05-05 | 1987-05-18 | Quarterly |
| 1987-02-04 | $0.03 | 1987-02-10 | 1987-02-23 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-30 | Puckett Jeffrey David | Buy | 16 | $270.81 | 4.37K |
| 2026-08-28 | MOORE H LYNN JR | Buy | 9.25K | $205.66 | 1.90M |
| 2026-08-28 | MOORE H LYNN JR | Sell | 9.25K | $372.79 | 3.45M |
| 2026-08-28 | MOORE H LYNN JR | Sell | 9.25K | $205.66 | 1.90M |
| 2026-08-24 | Puckett Jeffrey David | Buy | 8.50K | $143.42 | 1.22M |
| 2026-08-24 | Puckett Jeffrey David | Sell | 8.50K | $356.44 | 3.03M |
| 2026-08-24 | Puckett Jeffrey David | Sell | 8.50K | $143.42 | 1.22M |
| 2026-06-30 | Puckett Jeffrey David | Buy | 15 | $248.59 | 3.75K |
| 2026-06-15 | MILLER BRIAN K | Sell | 90 | — | — |
| 2026-05-06 | Teed Andrew D. | Buy | 452 | — | — |
| 2026-05-06 | Teed Andrew D. | Sell | 452 | — | — |
| 2026-05-06 | Pope Daniel M | Buy | 452 | — | — |
| 2026-05-06 | Pope Daniel M | Sell | 452 | — | — |
| 2026-05-06 | Hawkins Ronnie D. Jr. | Buy | 452 | — | — |
| 2026-05-06 | Hawkins Ronnie D. Jr. | Sell | 452 | — | — |
| 2026-05-06 | Cline Brenda A | Buy | 452 | — | — |
| 2026-05-06 | Cline Brenda A | Sell | 452 | — | — |
| 2026-05-06 | Carter Margot Lebenberg | Buy | 452 | — | — |
| 2026-05-06 | Carter Margot Lebenberg | Sell | 452 | — | — |
| 2026-05-06 | Carter Glenn A | Buy | 452 | — | — |
| 2026-05-06 | Carter Glenn A | Sell | 452 | — | — |
| 2026-05-05 | Jones Cecil W. | Other | 0 | — | — |
| 2026-05-05 | Jones Cecil W. | Other | 762 | — | — |
| 2026-05-05 | MARR JOHN S JR | Other | 0 | — | — |
| 2026-05-05 | Teed Andrew D. | Buy | 762 | — | — |
| 2026-05-05 | Pope Daniel M | Buy | 762 | — | — |
| 2026-05-05 | Hawkins Ronnie D. Jr. | Buy | 762 | — | — |
| 2026-05-05 | Cline Brenda A | Buy | 762 | — | — |
| 2026-05-05 | Carter Margot Lebenberg | Buy | 762 | — | — |
| 2026-05-05 | Carter Glenn A | Buy | 762 | — | — |
| 2026-03-31 | Puckett Jeffrey David | Buy | 15 | $291.02 | 4.38K |
| 2026-03-31 | MILLER BRIAN K | Buy | 57 | $291.02 | 16.69K |
| 2026-03-12 | Carter Glenn A | Buy | 2.13K | $146.92 | 312.35K |
| 2026-03-12 | Carter Glenn A | Sell | 1.62K | $349.14 | 567.00K |
| 2026-03-12 | Carter Glenn A | Buy | 1.62K | $146.92 | 238.60K |
| 2026-03-12 | Carter Glenn A | Sell | 1.62K | $146.92 | 238.60K |
| 2026-03-12 | Carter Glenn A | Sell | 2.13K | $146.92 | 312.35K |
| 2026-03-05 | Puckett Jeffrey David | Sell | 720 | $367.60 | 264.67K |
| 2026-03-05 | Puckett Jeffrey David | Sell | 1.13K | $368.82 | 417.87K |
| 2026-03-05 | Puckett Jeffrey David | Sell | 1.38K | $370.16 | 510.45K |
| 2026-03-05 | Puckett Jeffrey David | Sell | 1.66K | $371.17 | 616.88K |
| 2026-03-05 | Puckett Jeffrey David | Sell | 280 | $371.93 | 104.14K |
| 2026-03-02 | Pope Daniel M | Sell | 500 | $355.40 | 177.70K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 2.62K | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 723 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 27 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 38 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 12 | $354.69 | 4.25K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 67 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 17 | $354.69 | 5.98K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 30 | $354.69 | 10.54K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 231 | $354.69 | 82.04K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 850 | $354.69 | 301.40K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 1.75K | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 776 | $354.69 | 275.28K |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 1.97K | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 845 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Buy | 422 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 27 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 38 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 67 | — | — |
| 2026-03-01 | Diaz-Pedrosa Abigail Marshall | Sell | 723 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Buy | 4.45K | — | — |
| 2026-03-01 | Puckett Jeffrey David | Buy | 136 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 54 | $354.69 | 18.98K |
| 2026-03-01 | Puckett Jeffrey David | Buy | 189 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Buy | 1.10K | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 74 | $354.69 | 26.38K |
| 2026-03-01 | Puckett Jeffrey David | Buy | 261 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 103 | $354.69 | 36.43K |
| 2026-03-01 | Puckett Jeffrey David | Sell | 285 | $354.69 | 101.10K |
| 2026-03-01 | Puckett Jeffrey David | Sell | 1.49K | $354.69 | 529.59K |
| 2026-03-01 | Puckett Jeffrey David | Buy | 2.97K | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 1.17K | $354.69 | 414.11K |
| 2026-03-01 | Puckett Jeffrey David | Buy | 3.17K | — | — |
| 2026-03-01 | Puckett Jeffrey David | Buy | 916 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Buy | 704 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 136 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 189 | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 1.10K | — | — |
| 2026-03-01 | Puckett Jeffrey David | Sell | 261 | — | — |
| 2026-03-01 | MILLER BRIAN K | Buy | 7.16K | — | — |
| 2026-03-01 | MILLER BRIAN K | Buy | 273 | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 107 | $354.69 | 38.10K |
| 2026-03-01 | MILLER BRIAN K | Buy | 378 | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 149 | $354.69 | 52.76K |
| 2026-03-01 | MILLER BRIAN K | Buy | 464 | — | — |
| 2026-03-01 | MILLER BRIAN K | Buy | 1.44K | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 183 | $354.69 | 64.76K |
| 2026-03-01 | MILLER BRIAN K | Sell | 364 | $354.69 | 129.27K |
| 2026-03-01 | MILLER BRIAN K | Sell | 2.61K | $354.69 | 925.27K |
| 2026-03-01 | MILLER BRIAN K | Buy | 4.77K | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 1.88K | $354.69 | 665.89K |
| 2026-03-01 | MILLER BRIAN K | Buy | 4.44K | — | — |
| 2026-03-01 | MILLER BRIAN K | Buy | 1.41K | — | — |
| 2026-03-01 | MILLER BRIAN K | Buy | 1.20K | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 273 | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 378 | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 464 | — | — |
| 2026-03-01 | MILLER BRIAN K | Sell | 1.44K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 780, holders -20 vs prior quarter. Ownership 102.08%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 3.86M | -477.61K | -11.00% | 1.13B |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.76M | -33.96K | -1.22% | 806.16M |
| NORGES BANK | 2.67M | 2.67M | New | 781.55M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.12M | -291.46K | -12.11% | 618.83M |
| STATE STREET CORP | 2.04M | 104.55K | +5.40% | 596.60M |
| PRINCIPAL FINANCIAL GROUP INC | 2.03M | 281.42K | +16.12% | 592.84M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 1.84M | -221.96K | -10.78% | 537.40M |
| MORGAN STANLEY | 1.60M | -333.09K | -17.20% | 469.08M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.21M | -63.30K | -4.98% | 353.43M |
| INVESCO LTD. | 1.05M | 190.13K | +22.18% | 306.25M |
| VAN ECK ASSOCIATES CORP | 929.65K | -431.43K | -31.70% | 271.89M |
| ARTISAN PARTNERS LIMITED PARTNERSHIP | 704.62K | 174.27K | +32.86% | 206.07M |
| FEDERATED HERMES, INC. | 642.42K | 323.77K | +101.60% | 187.88M |
| UBS GROUP AG | 629.97K | 386.27K | +158.50% | 184.24M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 610.50K | 429.83K | +237.91% | 180.14M |
| NEUBERGER BERMAN GROUP LLC | 459.45K | 88.39K | +23.82% | 134.37M |
| NORTHERN TRUST CORP | 448.36K | -49.44K | -9.93% | 131.13M |
| LOCAL PENSIONS PARTNERSHIP INVESTMENT LTD | 447.29K | -16.00K | -3.45% | 130.82M |
| GOLDMAN SACHS GROUP INC | 440.58K | 58.98K | +15.45% | 128.85M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 400.77K | 48.83K | +13.87% | 117.21M |
| BANK OF AMERICA CORP /DE/ | 399.48K | -5.62K | -1.39% | 116.83M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 370.11K | 13.53K | +3.79% | 108.24M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 370.11K | 370.11K | New | 108.24M |
| APG ASSET MANAGEMENT N.V. | 421.19K | -518.80K | -55.19% | 107.74M |
| MARSHALL WACE, LLP | 350.20K | 350.20K | New | 102.42M |
Forecast
Consensus Buy from 24 analysts. Average price target $417.27, +11.6% versus the current price. Low $340.00. High $500.00.
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