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Tyler Technologies, Inc (TYL) is a leading software-application business with stocks listed in the US. It opened the day at US$446.25 after a previous close of US$446.25. During the day the price has varied from a low of USD443.185 to a high of USD448.25. The latest price was USD445.35 (25 minute delay). Tyler Technologies is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Tyler Technologies
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Tyler Technologies. Find the share by name or ticker symbol: TYL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tyler Technologies reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$403.22, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Tyler Technologies, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Tyler Technologies. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Tyler Technologies key stats
- Compare share trading platforms
- Is Tyler Technologies stock a buy or sell?
- Tyler Technologies performance over time
- Can I short Tyler Technologies shares?
- Are Tyler Technologies shares over-valued?
- Tyler Technologies's financials
- How volatile are Tyler Technologies shares?
- Does Tyler Technologies pay a dividend?
- Have Tyler Technologies shares ever split?
- Other common questions
Tyler Technologies share priceUse our graph to track the performance of TYL stocks over time.
Tyler Technologies shares at a glance
|52-week range||US$319.58 - US$479.785|
|50-day moving average||US$408.702|
|200-day moving average||US$428.6276|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||US$4.408|
Compare share trading platforms to buy stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Tyler Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Tyler Technologies price performance over time
|1 week (2021-06-16)||3.33%|
|1 month (2021-05-21)||10.82%|
|3 months (2021-03-23)||5.88%|
|6 months (2020-12-23)||2.85%|
|1 year (2020-06-23)||33.15%|
|2 years (2019-06-21)||98.99%|
|3 years (2018-06-22)||93.34%|
|5 years (2016-06-23)||182.83%|
Is Tyler Technologies under- or over-valued?
Valuing Tyler Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tyler Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tyler Technologies's P/E ratio
Tyler Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 101x. In other words, Tyler Technologies shares trade at around 101x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Tyler Technologies's PEG ratio
Tyler Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.2355. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tyler Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tyler Technologies's EBITDA
Tyler Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$227.7 million.
The EBITDA is a measure of a Tyler Technologies's overall financial performance and is widely used to measure a its profitability.
Tyler Technologies financials
|Revenue TTM||US$1.1 billion|
|Operating margin TTM||15.69%|
|Gross profit TTM||US$542.5 million|
|Return on assets TTM||4.08%|
|Return on equity TTM||9.76%|
|Market capitalisation||US$18.1 billion|
TTM: trailing 12 months
Shorting Tyler Technologies shares
There are currently 692,131 Tyler Technologies shares held short by investors – that's known as Tyler Technologies's "short interest". This figure is 14.3% down from 807,797 last month.
There are a few different ways that this level of interest in shorting Tyler Technologies shares can be evaluated.
Tyler Technologies's "short interest ratio" (SIR)
Tyler Technologies's "short interest ratio" (SIR) is the quantity of Tyler Technologies shares currently shorted divided by the average quantity of Tyler Technologies shares traded daily (recently around 272492.51968504). Tyler Technologies's SIR currently stands at 2.54. In other words for every 100,000 Tyler Technologies shares traded daily on the market, roughly 2540 shares are currently held short.
However Tyler Technologies's short interest can also be evaluated against the total number of Tyler Technologies shares, or, against the total number of tradable Tyler Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tyler Technologies's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Tyler Technologies shares in existence, roughly 20 shares are currently held short) or 0.0172% of the tradable shares (for every 100,000 tradable Tyler Technologies shares, roughly 17 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Tyler Technologies.
Find out more about how you can short Tyler Technologies stock.
Tyler Technologies share dividends
We're not expecting Tyler Technologies to pay a dividend over the next 12 months.
Have Tyler Technologies's shares ever split?
Tyler Technologies's shares were split on a 3:1 basis on 14 May 1990. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Tyler Technologies shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Tyler Technologies shares which in turn could have impacted Tyler Technologies's share price.
Tyler Technologies share price volatility
Over the last 12 months, Tyler Technologies's shares have ranged in value from as little as US$319.58 up to US$479.785. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tyler Technologies's is 0.5652. This would suggest that Tyler Technologies's shares are less volatile than average (for this exchange).
Tyler Technologies overview
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise Software, and Appraisal and Tax. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
Frequently asked questions
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