Fidelity National Information Services, Inc. (NYSE:FIS) Receives Average Rating of “Moderate Buy” from Analysts

Fidelity National Information Services, Inc. (NYSE:FIS) has earned a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $61.3333.

FIS has been the topic of several research reports. Wolfe Research lowered their price target on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. The Goldman Sachs Group lowered their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Truist Financial lowered their price target on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Oppenheimer lowered their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Finally, UBS Group lowered their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research report on Monday, May 11th.

Fidelity National Information Services Trading Down 0.7%

Shares of FIS opened at $38.91 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm’s 50-day moving average is $44.06 and its two-hundred day moving average is $52.66. Fidelity National Information Services has a twelve month low of $37.91 and a twelve month high of $82.74. The firm has a market capitalization of $20.11 billion, a P/E ratio of 7.54, a PEG ratio of 0.38 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the business posted $1.21 earnings per share. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, research analysts predict that Fidelity National Information Services will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.5%. Fidelity National Information Services’s dividend payout ratio is presently 34.11%.

Hedge Funds Weigh In On Fidelity National Information Services

A number of large investors have recently bought and sold shares of the stock. Dodge & Cox raised its stake in Fidelity National Information Services by 13.9% during the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares during the period. Capital Research Global Investors raised its stake in Fidelity National Information Services by 0.6% during the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after purchasing an additional 172,356 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Fidelity National Information Services by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after purchasing an additional 514,490 shares during the period. Invesco Ltd. raised its stake in Fidelity National Information Services by 5.6% during the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after purchasing an additional 448,712 shares during the period. Finally, Norges Bank purchased a new position in Fidelity National Information Services during the fourth quarter worth approximately $495,956,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.