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Paycom ( (PAYC) ) has issued an update.
On May 4, 2026, Paycom Software, Inc. announced that its board declared a regular quarterly cash dividend of $0.375 per share, payable on June 8, 2026, to stockholders of record as of May 26, 2026. The same day, the board also authorized a new stock repurchase plan allowing the company to buy back up to $2.0 billion of its common stock over time through various transaction types, signaling continued capital returns to shareholders and offering management flexibility to respond to market conditions.
The repurchase authorization, which has no expiration date and can be adjusted, suspended or discontinued at the board’s discretion, adds a sizable buyback capacity alongside the ongoing dividend program. Together, these measures underscore Paycom’s confidence in its financial position and cash generation, with potential implications for earnings per share, share count, and the company’s capital allocation strategy going forward.
The most recent analyst rating on (PAYC) stock is a Buy with a $183.00 price target. To see the full list of analyst forecasts on Paycom stock, see the PAYC Stock Forecast page.
Spark’s Take on PAYC Stock
According to Spark, TipRanks’ AI Analyst, PAYC is a Outperform.
The score is driven primarily by strong underlying financial quality (high margins, low leverage, and solid cash generation) and a constructive earnings outlook with continued margin strength. It is tempered by guidance signaling slower growth and a technical setup that looks like a recovery within a longer-term downtrend, while valuation appears reasonable but less compelling given the decelerating growth profile.
To see Spark’s full report on PAYC stock, click here.
More about Paycom
Paycom Software, Inc. is a leading provider of comprehensive, cloud-based human capital management software that serves organizations of all sizes across the U.S. and internationally. Its single-database platform automates HR and payroll processes across the employment life cycle, and its AI engine, IWant, delivers instant access to accurate employee data to streamline workforce management.
Average Trading Volume: 1,847,808
Technical Sentiment Signal: Sell
Current Market Cap: $6.29B
See more insights into PAYC stock on TipRanks’ Stock Analysis page.