Should I buy or sell Intuit stock right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INTU shares. View INTU analyst ratings or view top-rated stocks .

What is Intuit's stock price target for 2024?

23 brokers have issued 12 month price objectives for Intuit's stock. Their INTU share price targets range from $520.00 to $770.00. On average, they predict the company's share price to reach $679.41 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View analysts price targets for INTU or view top-rated stocks among Wall Street analysts .

How have INTU shares performed in 2024?

Intuit's stock was trading at $625.03 at the beginning of 2024. Since then, INTU stock has decreased by 2.5% and is now trading at $609.68. View the best growth stocks for 2024 here .

Are investors shorting Intuit?

Intuit saw a increase in short interest in May. As of May 31st, there was short interest totaling 3,600,000 shares, an increase of 11.5% from the May 15th total of 3,230,000 shares. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.3% of the company's stock are sold short. View Intuit's Short Interest .

When is Intuit's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024. View our INTU earnings forecast .

How were Intuit's earnings last quarter?

Intuit Inc. (NASDAQ:INTU) issued its earnings results on Thursday, May, 23rd. The software maker reported $9.88 earnings per share for the quarter, beating analysts' consensus estimates of $8.12 by $1.76. The software maker earned $6.74 billion during the quarter, compared to analyst estimates of $6.65 billion. Intuit had a trailing twelve-month return on equity of 18.61% and a net margin of 19.43%. The business's revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $7.80 earnings per share. Read the conference call transcript .

How often does Intuit pay dividends? What is the dividend yield for Intuit?

Intuit announced a quarterly dividend on Tuesday, May 21st. Investors of record on Wednesday, July 10th will be given a dividend of $0.90 per share on Thursday, July 18th. This represents a $3.60 annualized dividend and a yield of 0.59%. The ex-dividend date is Wednesday, July 10th. Read our dividend analysis for INTU .

Is Intuit a good dividend stock?

Intuit (NASDAQ:INTU) pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.60%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INTU will have a dividend payout ratio of 26.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for INTU .

What ETFs hold Intuit's stock?

ETFs with the largest weight of Intuit (NASDAQ:INTU) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV) , Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) , Global X FinTech Thematic ETF (FINX) , Fidelity Cloud Computing ETF (FCLD) , WBI BullBear Value 3000 ETF (WBIF) , Neuberger Berman Disrupters ETF (NBDS) , Honeytree U.S. Equity ETF (BEEZ) and Principal Focused Blue Chip ETF (BCHP) .

What guidance has Intuit issued on next quarter's earnings?

Intuit updated its fourth quarter 2024 earnings guidance on Friday, May, 24th. The company provided EPS guidance of 1.800-1.850 for the period, compared to the consensus estimate of 1.930. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion.

What is Sasan Goodarzi's approval rating as Intuit's CEO?

785 employees have rated Intuit Chief Executive Officer Sasan Goodarzi on Glassdoor.com . Sasan Goodarzi has an approval rating of 92% among the company's employees. This puts Sasan Goodarzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Intuit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intuit investors own include NVIDIA (NVDA) , Netflix (NFLX) , Adobe (ADBE) , PayPal (PYPL) , Salesforce (CRM) , Alibaba Group (BABA) , Walt Disney (DIS) , Mastercard (MA) , Visa (V) and Tesla (TSLA) .

Who are Intuit's major shareholders?

Intuit's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.31%), Price T Rowe Associates Inc. MD (3.08%), Bank of New York Mellon Corp (0.85%), Sustainable Growth Advisers LP (0.52%), Principal Financial Group Inc. (0.48%) and Capital World Investors (0.42%). Insiders that own company stock include Alex G Balazs, Alex G Balazs , Eve B Burton , Gregory N Johnson , James Alexander Chriss , Kerry J Mclean , Laura A Fennell , Lauren D Hotz , Marianna Tessel , Mark J Flournoy, Mark P Notarainni , Michelle M Clatterbuck , Raul Vazquez , Sandeep Aujla , Sasan K Goodarzi , Scott D Cook and Varun Krishna . View institutional ownership trends .

How do I buy shares of Intuit?

Shares of INTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Intuit have any subsidiaries?

The following companies are subsidiares of Intuit: Acrede HR & Payroll Solutions, AisleBuyer, Applatix, Applatix Inc., Blue Ocean Software, BooRah, CBS Employer Services Inc., Chrono LLC, ChronoBooks, Computing Resources Inc., Credit Karma, Dallas Innovative Merchant Solutions LLC, Demandforce, Digital Insight, Docstoc, Elastic Intelligence, Electronic Clearing House LLC., EmployeeMatters Insurance Agency Inc., Exactor, Exactor (Canada) Inc., Exactor Inc., Full Slate, GoodApril, Halo Merger Sub I Inc., Halo Merger Sub II LLC, Homestead Technologies, IFI Borrower SPV I LLC, Intuit (Check) Software Ltd., Intuit Australia Pty Limited, Intuit Brasil Servicos de Informatica Ltda., Intuit Canada Tax ULC, Intuit Canada ULC, Intuit Consumer Group LLC., Intuit Distribution Inc., Intuit Do-It-Yourself Payroll, Intuit Financing Inc., Intuit France SAS, Intuit Holding Ltd, Intuit India Product Development Centre Private Ltd., Intuit India Software Solutions Private Limited, Intuit India Technology and Services LLP, Intuit Insurance Services Inc., Intuit Limited, Intuit Mint Bills Inc., Intuit Mint Bills Payments Inc., Intuit Mortgage Inc., Intuit Payment Solutions LLC, Intuit Payments Inc., Intuit Payroll Holding LLC, Intuit Payroll Services LLC, Intuit Quickbooks Mexico Sociedad de Responsabilidad Limitada de Capital Variable, Intuit Sales Tax LLC, Intuit Singapore Pte. Limited, Intuit TT Offerings Inc., Lacerte Software Corporation, Lettuce, Level Up Analytics, Level Up Analytics GmbH, Lion’s Partners LLC, MINT, MTS Global (Europe) Limited, MedFusion, Mint Bills, Mint Software Inc., MyCorporation, Origami Logic, Origami Logic (Thailand) Co. Ltd, Origami Logic Inc., Origami Logic Ltd., PayCycle, PayCycle Inc., PaySuite, Payroll Solution Inc., Payvment, Playbook HR, Porticor Cloud Security, Quincy Data Center LLC, Squire Inc., StepUp, T-Jar Inc., TSheets Holdco Inc., TSheets.com LLC, Tradegecko, Tsheets, Zeropaper, and itDuzzit. Read More

NASDAQ:INTU

Intuit (INTU) Stock Price, News & Analysis

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Free INTU Stock Alerts

$609.68

+7.16 (+1.19%)

(As of 06/18/2024 ET)

Compare

Today's Range: $601.90
▼
$610.45
50-Day Range: $562.97
▼
$670.27
52-Week Range: $442.74
▼
$676.62

Volume: 1.36 million shs
Average Volume: 1.32 million shs
Market Capitalization: $170.44 billion

P/E Ratio: 56.24
Dividend Yield: 0.59%
Price Target: $679.41

Get Intuit alerts:

Intuit MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.78 Rating Score
Upside/Downside: 11.4% Upside
$679.41 Price Target
Short Interest: Healthy
1.32% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.21
Upright™ Environmental Score
News Sentiment: 0.84
Based on 30 Articles This Week
Insider Trading: Selling Shares
$113.30 M Sold Last Quarter
Proj. Earnings Growth: 16.04%
From $11.72 to $13.60 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Computer And Technology Sector

8th out of 585 stocks

Prepackaged Software Industry

3rd out of 198 stocks

3.4

Analyst's Opinion

Consensus Rating
Intuit has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Intuit has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Intuit's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
1.32% of the float of Intuit has been sold short.
Short Interest Ratio / Days to Cover
Intuit has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Intuit has recently increased by 11.46%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Intuit has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Intuit has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Intuit is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Intuit will have a dividend payout ratio of 26.47% next year. This indicates that Intuit will be able to sustain or increase its dividend.
Read more about Intuit's dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Intuit has received a 27.85% net impact score from Upright. Intuit seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Tax declaration applications", "E-invoicing software", and "Accounting software" products. See details.
Environmental Sustainability
The Environmental Impact score for Intuit is -0.21.

3.2

News and Social Media Coverage

News Sentiment
Intuit has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 30 news articles for Intuit this week, compared to 21 articles on an average week.
Search Interest
77 people have searched for INTU on MarketBeat in the last 30 days. This is an increase of 157% compared to the previous 30 days.
MarketBeat Follows
23 people have added Intuit to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intuit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $113,301,418.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Intuit is held by insiders.
Percentage Held by Institutions
83.66% of the stock of Intuit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Intuit's insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Intuit are expected to grow by 16.04% in the coming year, from $11.72 to $13.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intuit is 56.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intuit is 56.24, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.18.
Price to Earnings Growth Ratio
Intuit has a PEG Ratio of 3.41. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Intuit has a P/B Ratio of 9.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Intuit's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

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About Intuit Stock (NASDAQ:INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

INTU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

INTU Stock News Headlines

June 13, 2024 | insidertrades.com

Intuit Inc. (NASDAQ:INTU) Insider Scott D. Cook Sells 27,309 Shares

June 2, 2024 | insidertrades.com

Intuit Inc. (NASDAQ:INTU) Insider Sells $44,838,750.00 in Stock

June 19, 2024 | Colonial Metals (Ad)

The asset beating inflation by 4x

June 1, 2024 | insidertrades.com

Insider Selling: Intuit Inc. (NASDAQ:INTU) Insider Sells 14,748 Shares of Stock

May 30, 2024 | insidertrades.com

Insider Selling: Intuit Inc. (NASDAQ:INTU) EVP Sells 465 Shares of Stock

June 18 at 9:03 PM | seekingalpha.com

Understanding Intuit's 2 Most Important 'Risks'

June 17 at 8:05 PM | insidermonkey.com

Is Intuit Inc. (INTU) a Good SaaS Stock To Buy Right Now?

June 17 at 9:05 AM | financialpost.com

Philips Zenition 90 Motorized receives FDA 510(k) clearance, helping clinicians deliver high quality care with a high-powered and fast motorized mobile C-arm

June 19, 2024 | Colonial Metals (Ad)

The asset beating inflation by 4x

June 15, 2024 | americanbankingnews.com

Intuit (NASDAQ:INTU) Rating Reiterated by Erste Group Bank

June 14, 2024 | americanbankingnews.com

Jefferies Financial Group Reaffirms Buy Rating for Intuit (NASDAQ:INTU)

June 14, 2024 | americanbankingnews.com

Scott D. Cook Sells 75,000 Shares of Intuit Inc. (NASDAQ:INTU) Stock

June 13, 2024 | pymnts.com

Intuit to Expand Usage-Based Auto Insurance Product With Zendrive Acquisition

June 13, 2024 | pymnts.com

Intuit to Expand Usage-Based Auto Insurance Product With Zendrive Acquisition

June 13, 2024 | businesswire.com

Intuit to Acquire Technology from Zendrive

June 13, 2024 | pymnts.com

Intuit to Preview AI-Powered Marketing Tools

June 13, 2024 | pymnts.com

Intuit to Preview AI-Powered Marketing Tools

June 13, 2024 | businesswire.com

Intuit Mailchimp Previews AI-Powered Revenue Intelligence System, Launches SMS Marketing Tools in the UK

June 11, 2024 | seekingalpha.com

Intuit Inc. (INTU) NASDAQ Investor Conference (Transcript)

June 9, 2024 | fool.com

Possible Stock Splits in 2024: 2 Artificial Intelligence (AI) Stocks Up 2,220% and 10,740% in 15 Years to Buy Now

June 4, 2024 | seekingalpha.com

Intuit Inc. (INTU) BofA Securities 2024 Global Technology Conference (Transcript)

June 4, 2024 | businesswire.com

Intuit CFO Sandeep Aujla to Present at Nasdaq Investor Conference

June 4, 2024 | businesswire.com

Intuit QuickBooks and the National Hockey League Announce Multi-Year Canadian Partnership

May 31, 2024 | bizjournals.com

Intuit to downsize, relocate San Francisco offices to 505 Howard St.

May 30, 2024 | investopedia.com

TurboTax Maker Intuit's Stock Falls as IRS Makes Direct Tax Filing Permanent

May 29, 2024 | businessinsider.com

Intuit QuickBooks' new $10,000 grant program could scale your business. Here's how to apply.

May 29, 2024 | yahoo.com

Intuit Dome trespassers sneak into Knott’s in new TikTok video

See More Headlines

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Company Calendar

Ex-Dividend for 4/18 Dividend: 4/09/2024
Dividend Payable: 4/18/2024
Last Earnings: 5/23/2024
Today: 6/18/2024
Ex-Dividend for 7/18 Dividend: 7/10/2024
Dividend Payable: 7/18/2024
Fiscal Year End: 7/31/2024
Next Earnings (Estimated): 8/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: Application Software
Current Symbol: NASDAQ:INTU
CUSIP: 46120210
CIK: 896878
Web: www.intuit.com
Phone: (650) 944-6000
Fax: 650-462-2955
Employees: 18,200
Year Founded: 1983

Price Target and Rating

Average Stock Price Target: $679.41
High Stock Price Target: $770.00
Low Stock Price Target: $520.00
Potential Upside/Downside: +11.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.78
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.84
Trailing P/E Ratio: 56.24
Forward P/E Ratio: 52.02
P/E Growth: 3.41
Net Income: $2.38 billion
Net Margins: 19.43%
Pretax Margin: 23.30%
Return on Equity: 18.61%
Return on Assets: 11.07%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 1.50
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $14.37 billion
Price / Sales: 11.86
Cash Flow: $12.90 per share
Price / Cash Flow: 47.25
Book Value: $61.62 per share
Price / Book: 9.89

Miscellaneous

Outstanding Shares: 279,550,000
Free Float: 271,440,000
Market Cap: $170.44 billion
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. Sasan K. Goodarzi (Age 56)
CEO, President & Director
Comp: $3.09M
Mr. Scott D. Cook (Age 72)
Founder & Director
Comp: $1.24M
Ms. Laura A. Fennell (Age 63)
Executive VP and Chief People & Places Officer
Comp: $1.61M
Ms. Marianna Tessel (Age 57)
Executive VP and GM of Small Business & Self Employed Group
Comp: $1.61M
Mr. Sandeep Singh Aujla (Age 48)
SVP of Finance for SBSEG & Technology Organization, Executive VP and CFO
Ms. Lauren D. Hotz (Age 48)
Senior VP & Chief Accounting Officer
Mr. Alex G. Balazs (Age 53)
Executive VP & CTO
Ms. Kimberly Anderson Watkins CFA
Vice President of Investor Relations
Ms. Kerry J. McLean (Age 60)
Executive VP, General Counsel & Corporate Secretary
Ms. Lara H. Balazs (Age 54)
Executive VP, Chief Marketing Officer & GM of Strategic Partner Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Intuit Stock? INTU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Intuit Inc.:

Intuit Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company's latest product offerings, such as QuickBooks Online and TurboTax Live, have been well-received in the market, driving customer acquisition and retention.
Intuit Inc.'s stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation.
The company's strategic acquisitions, like Credit Karma, have expanded its product portfolio and market reach, enhancing long-term growth prospects.
Intuit Inc.'s strong market position in financial software and services provides a competitive advantage and stability in a rapidly evolving industry.

Cons

Investors should be bearish about investing in Intuit Inc. for these reasons:

Intuit Inc. faces increasing competition from emerging fintech companies, potentially impacting its market share and profitability.
The company's heavy reliance on subscription-based revenue models may pose risks during economic downturns or changes in consumer preferences.
Regulatory changes in the financial services industry could affect Intuit Inc.'s operations and require costly compliance measures.
Intuit Inc.'s international expansion efforts may face challenges related to cultural differences, regulatory hurdles, and market saturation.
Fluctuations in interest rates and global economic conditions could impact Intuit Inc.'s financial performance and stock valuation.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 4, 2024. Please send any questions or comments about these Intuit pros and cons to contact@marketbeat.com.

INTU Stock Analysis - Frequently Asked Questions

Should I buy or sell Intuit stock right now?: 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INTU shares.
View INTU analyst ratings or view top-rated stocks.
What is Intuit's stock price target for 2024?: 23 brokers have issued 12 month price objectives for Intuit's stock. Their INTU share price targets range from $520.00 to $770.00. On average, they predict the company's share price to reach $679.41 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for INTU or view top-rated stocks among Wall Street analysts.
How have INTU shares performed in 2024?: Intuit's stock was trading at $625.03 at the beginning of 2024. Since then, INTU stock has decreased by 2.5% and is now trading at $609.68.
View the best growth stocks for 2024 here.
Are investors shorting Intuit?: Intuit saw a increase in short interest in May. As of May 31st, there was short interest totaling 3,600,000 shares, an increase of 11.5% from the May 15th total of 3,230,000 shares. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.3% of the company's stock are sold short.
View Intuit's Short Interest.
When is Intuit's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024.
View our INTU earnings forecast.
How were Intuit's earnings last quarter?: Intuit Inc. (NASDAQ:INTU) issued its earnings results on Thursday, May, 23rd. The software maker reported $9.88 earnings per share for the quarter, beating analysts' consensus estimates of $8.12 by $1.76. The software maker earned $6.74 billion during the quarter, compared to analyst estimates of $6.65 billion. Intuit had a trailing twelve-month return on equity of 18.61% and a net margin of 19.43%. The business's revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $7.80 earnings per share.
Read the conference call transcript.
How often does Intuit pay dividends? What is the dividend yield for Intuit?: Intuit announced a quarterly dividend on Tuesday, May 21st. Investors of record on Wednesday, July 10th will be given a dividend of $0.90 per share on Thursday, July 18th. This represents a $3.60 annualized dividend and a yield of 0.59%. The ex-dividend date is Wednesday, July 10th.
Read our dividend analysis for INTU.
Is Intuit a good dividend stock?: Intuit (NASDAQ:INTU) pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.60%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INTU will have a dividend payout ratio of 26.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INTU.

What ETFs hold Intuit's stock?: ETFs with the largest weight of Intuit (NASDAQ:INTU) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV), Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR), Global X FinTech Thematic ETF (FINX), Fidelity Cloud Computing ETF (FCLD), WBI BullBear Value 3000 ETF (WBIF), Neuberger Berman Disrupters ETF (NBDS), Honeytree U.S. Equity ETF (BEEZ) and Principal Focused Blue Chip ETF (BCHP).
What guidance has Intuit issued on next quarter's earnings?: Intuit updated its fourth quarter 2024 earnings guidance on Friday, May, 24th. The company provided EPS guidance of 1.800-1.850 for the period, compared to the consensus estimate of 1.930. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion.
What is Sasan Goodarzi's approval rating as Intuit's CEO?: 785 employees have rated Intuit Chief Executive Officer Sasan Goodarzi on Glassdoor.com. Sasan Goodarzi has an approval rating of 92% among the company's employees. This puts Sasan Goodarzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Intuit own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Intuit investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA), Walt Disney (DIS), Mastercard (MA), Visa (V) and Tesla (TSLA).
Who are Intuit's major shareholders?: Intuit's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.31%), Price T Rowe Associates Inc. MD (3.08%), Bank of New York Mellon Corp (0.85%), Sustainable Growth Advisers LP (0.52%), Principal Financial Group Inc. (0.48%) and Capital World Investors (0.42%). Insiders that own company stock include Alex G Balazs, Alex G Balazs, Eve B Burton, Gregory N Johnson, James Alexander Chriss, Kerry J Mclean, Laura A Fennell, Lauren D Hotz, Marianna Tessel, Mark J Flournoy, Mark P Notarainni, Michelle M Clatterbuck, Raul Vazquez, Sandeep Aujla, Sasan K Goodarzi, Scott D Cook and Varun Krishna.
View institutional ownership trends.
How do I buy shares of Intuit?: Shares of INTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Intuit have any subsidiaries?: The following companies are subsidiares of Intuit: Acrede HR & Payroll Solutions, AisleBuyer, Applatix, Applatix Inc., Blue Ocean Software, BooRah, CBS Employer Services Inc., Chrono LLC, ChronoBooks, Computing Resources Inc., Credit Karma, Dallas Innovative Merchant Solutions LLC, Demandforce, Digital Insight, Docstoc, Elastic Intelligence, Electronic Clearing House LLC., EmployeeMatters Insurance Agency Inc., Exactor, Exactor (Canada) Inc., Exactor Inc., Full Slate, GoodApril, Halo Merger Sub I Inc., Halo Merger Sub II LLC, Homestead Technologies, IFI Borrower SPV I LLC, Intuit (Check) Software Ltd., Intuit Australia Pty Limited, Intuit Brasil Servicos de Informatica Ltda., Intuit Canada Tax ULC, Intuit Canada ULC, Intuit Consumer Group LLC., Intuit Distribution Inc., Intuit Do-It-Yourself Payroll, Intuit Financing Inc., Intuit France SAS, Intuit Holding Ltd, Intuit India Product Development Centre Private Ltd., Intuit India Software Solutions Private Limited, Intuit India Technology and Services LLP, Intuit Insurance Services Inc., Intuit Limited, Intuit Mint Bills Inc., Intuit Mint Bills Payments Inc., Intuit Mortgage Inc., Intuit Payment Solutions LLC, Intuit Payments Inc., Intuit Payroll Holding LLC, Intuit Payroll Services LLC, Intuit Quickbooks Mexico Sociedad de Responsabilidad Limitada de Capital Variable, Intuit Sales Tax LLC, Intuit Singapore Pte. Limited, Intuit TT Offerings Inc., Lacerte Software Corporation, Lettuce, Level Up Analytics, Level Up Analytics GmbH, Lion’s Partners LLC, MINT, MTS Global (Europe) Limited, MedFusion, Mint Bills, Mint Software Inc., MyCorporation, Origami Logic, Origami Logic (Thailand) Co. Ltd, Origami Logic Inc., Origami Logic Ltd., PayCycle, PayCycle Inc., PaySuite, Payroll Solution Inc., Payvment, Playbook HR, Porticor Cloud Security, Quincy Data Center LLC, Squire Inc., StepUp, T-Jar Inc., TSheets Holdco Inc., TSheets.com LLC, Tradegecko, Tsheets, Zeropaper, and itDuzzit.
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This page (NASDAQ:INTU) was last updated on 6/19/2024 by MarketBeat.com Staff

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Intuit (INTU) Stock Price, News & Analysis

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