Jack Henry & Associates, IncNasdaq: JKHY
Financials · Transaction & Payment Processing Services
$126.23
+1.62%
Vol: 1.6M
Research Digest
Thursday, June 18, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Jack Henry expanded its stock repurchase authorization by 5 million shares on May 12 (now 6.4M total), though multiple analysts including Morgan Stanley, Goldman Sachs, RBC and UBS cut price targets following weaker forward outlook.Mixed▶
On May 12, 2026, Jack Henry's board added 5 million shares to its repurchase authorization, bringing total capacity to 6.4 million shares, with CFO Mimi Carsley citing improved cash flow from recent tax legislation. On May 19, the company was also named one of the 2026 Best Places to Work in Financial Technology by Arizent. However, despite Q3 FY26 results earlier in May showing 8.7% GAAP revenue growth and $1.71 EPS (beating by ~15%), several analysts trimmed price targets in early May: Morgan Stanley to $170 from $183, Goldman Sachs to $161 from $180, RBC Capital to $180 from $210, and UBS to $165 from $195. Consensus rating remains Buy with average PT of $194.17. The mixed signals reflect strong shareholder return commitment offset by slower growth concerns.
May 20Jack Henry & Associates expands stock repurchase authorization by 5 million shares after strong Q3 results.Positive▶
Jack Henry & Associates added 5 million shares to its stock repurchase authorization on May 12, bringing the total current authorization to 6.4 million shares. Q3 fiscal 2026 results (reported May 5) showed GAAP revenue up 8.7% YoY with operating income up 11.8%, and GAAP EPS of $1.71 (up 12.2% YoY) beating consensus by 14.9%. Revenue rose 10.6% YoY to $636.2 million. The company guided full-year revenue to roughly $2.53 billion, in line with estimates. On May 19, Jack Henry was named one of the 2026 Best Places to Work in Financial Technology. Insider buying activity was reported on May 14. The 12 analysts covering JKHY have a consensus Buy rating with an average price target of $194.17.
May 19Jack Henry adds 5 million shares to buyback authorization (total 6.4M) on May 12 after Q3 FY26 EPS of $1.71 beat estimates by 14.9%.Mixed▶
Jack Henry & Associates expanded its stock repurchase authorization by 5 million shares on May 12, 2026, bringing total available authorization to 6.4 million shares; the company has already repurchased over 2 million shares so far in FY26. Q3 fiscal 2026 (ended March 31) GAAP revenue rose 8.7% to $636.2 million with GAAP EPS of $1.71 (up 12.2% YoY), beating consensus by 14.9%. Despite the beat, the stock declined ~6.2% on margin pressure and slower growth concerns. Major analysts cut price targets in early May, including Morgan Stanley to $170 (from $183), Goldman Sachs to $161 (from $180), RBC Capital to $180 (from $210), and UBS to $165 (from $195). The company also declared a regular quarterly dividend on May 11. Consensus rating remains Buy with average target of $194.17, implying ~42% upside.
May 18Jack Henry expanded its share repurchase authorization by 5 million shares to 6.4 million total on May 12 and saw fresh insider buying activity May 14.Positive▶
On May 12, 2026, Jack Henry Board increased the remaining 1.4M share repurchase authorization by 5.0M shares, bringing total authorization to 6.4M shares; CFO Mimi Carsley cited a resilient cash flow position following recent tax legislation. New insider buying activity was reported on May 14, 2026. The buyback expansion follows fiscal Q3 results on May 5 showing GAAP revenue up 8.7% and operating income up 11.8% YoY, with Q1 CY2026 sales reaching $636.2M (up 10.6% YoY) and GAAP EPS of $1.71 beating consensus by 14.9%. Consensus rating remains Buy with an average price target of $194.17. The expanded buyback and insider buying are constructive signals for shareholder returns.
May 15Jack Henry shares fell 5.2% to $134 on May 14 despite expanded $6.4M-share buyback and raised guidanceMixed▶
Jack Henry & Associates Inc shares dropped 5.2% to $134.03 on May 14, extending a 26.3% YTD decline. On May 8, the board added 5M shares to the existing buyback authorization, lifting total remaining capacity to 6.4M shares. The company posted Q3 FY26 sales of $636.25M and net income of $122.89M, and raised full-year FY26 guidance to revenue of up to $2.53B with EPS of $6.78-$6.87. Despite the positive operational backdrop, the stock trades 31.1% below GF Value of $194.54. The disconnect highlights investor concerns about fintech sector multiples even as fundamentals hold up.
May 14Jack Henry expands stock buyback authorization by 5M shares to 6.4M total and discloses insider sale by Rep. CisnerosPositive▶
Jack Henry & Associates' Board of Directors authorized an additional 5.0 million shares for repurchase, bringing total remaining authorization to 6.4 million shares; the company has already repurchased over 2 million shares in fiscal 2026 (which began July 1, 2025). Separately, a disclosure on May 12, 2026 reported that Rep. Gilbert Ray Cisneros, Jr. unloaded shares of JKHY. The board also maintained the quarterly dividend at $0.61 per share, payable June 19 to holders of record June 1. The buyback expansion signals management confidence in capital returns despite the prior negative market reaction to Q3 fiscal 2026 results, where EPS of $1.71 beat the $1.45 consensus and revenue of $636.25M exceeded estimates by 3.13%. Risk: any sustained insider selling could weigh on sentiment near term.
May 13Jack Henry board expands share repurchase authorization by 5 million shares to 6.4M total, declares $0.61 quarterly dividend after strong Q3 FY26 resultsPositive▶
On May 12, 2026, Jack Henry & Associates' board increased the company's stock repurchase authorization by 5.0 million shares, bringing total current authorization to 6.4 million shares. The expansion follows Q3 fiscal 2026 results reported May 5 in which GAAP revenue rose 8.7% to $636.25 million and GAAP operating income increased 11.8%, with EPS of $1.71 beating consensus by 14.9%. The company raised full-year deconversion revenue guidance to $37 million and updated FY26 guidance to revenue up to $2.53 billion, operating margin near 25%, and EPS of $6.78-$6.87. CFO Mimi Carsley cited a resilient cash flow position from recent tax legislation. The board also maintained the quarterly cash dividend at $0.61 per share, payable June 19 to holders of record June 1. Despite the strong print, shares fell 5.0% on the earnings reaction. Risk: margin pressure persists despite top-line beat.
May 12Generali Asset Management disclosed selling 4,453 shares of Jack Henry on May 11, a small institutional trim following the post-earnings 4-5% sell-off despite raised FY26 guidance.Neutral▶
On May 11, 2026, a 13F-style disclosure showed Generali Asset Management SPA SGR trimmed 4,453 shares of JKHY. The move follows the Q3 FY2026 print (May 5-6) where JKHY beat with EPS of $1.71 vs prior-year $1.52 and raised full-year guidance to $2.521-$2.533B revenue and $6.78-$6.87 EPS, yet the stock still fell ~4-5% as investors focused on margin pressure. Why it matters: marginal-only update; the trim is small but consistent with cautious post-print positioning. Bear case: despite new core wins and an 88%-of-clients tech-budget tailwind, deconversion revenue ($18.7M in Q3, raised to $37M FY) signals client churn that may pressure recurring revenue quality.
May 11Jack Henry reported Q3 FY2026 EPS up 12.2% beating estimates by 14.9%, raised full-year guidance, but stock fell 5% on margin concerns.Mixed▶
Jack Henry & Associates reported Q3 FY2026 GAAP revenue of $636.2 million, up 8.7%, with GAAP operating income up 11.8% and diluted EPS of $1.71 up 12.2%, beating consensus by 14.9%. The company raised full-year FY2026 GAAP revenue guidance to $2,521M-$2,533M with EPS $6.78-$6.87. Deconversion revenue guidance was raised to $37 million after recording $18.7 million in Q3. Stock repurchases for Q3 were $159 million at an average $162 per share, and $284M fiscal year-to-date. Despite the beat-and-raise, the stock fell 5% on margin pressure concerns. The company has repurchased over 40% of its shares since 2002. Stock traded around $144.41 after the report, down from $149.34 pre-earnings.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| JKHYJACK | $126.23 | +1.62% | -9.7% | 17.8x | 0.57 | $9.0B |
| VVISA | $327.85 | -0.77% | -1.1% | 22.0x | 0.77 | $622.3B |
| MAMASTERCARD | $491.10 | -0.38% | -1.7% | 21.5x | 0.74 | $432.8B |
| XYZBLOCK | $74.73 | +2.59% | +5.5% | 15.0x | 2.55 | $44.5B |
| PYPLPAYPAL | $42.51 | +1.01% | -4.2% | 7.4x | 1.34 | $37.5B |
| FISVFISERV | $47.86 | -1.88% | -15.2% | 5.3x | — | $25.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.