Shares of Fidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $40.07 and last traded at $40.4720, with a volume of 227313 shares trading hands. The stock had previously closed at $40.95.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on FIS. Stephens decreased their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Argus dropped their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wolfe Research reduced their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. TD Cowen decreased their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, Cantor Fitzgerald lowered their target price on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and an average price target of $61.33.
Check Out Our Latest Research Report on FIS
Fidelity National Information Services Price Performance
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the business earned $1.21 earnings per share. Fidelity National Information Services’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. As a group, analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.
Fidelity National Information Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given 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 4.4%. Fidelity National Information Services’s dividend payout ratio is presently 34.11%.
Institutional Trading of Fidelity National Information Services
Large investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its holdings in Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Fidelity National Information Services in the third quarter worth approximately $29,000. GoalVest Advisory LLC purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $33,000. MBM Wealth Consultants LLC bought a new stake in shares of Fidelity National Information Services during the 1st quarter valued at $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after purchasing an additional 362 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors.
About Fidelity National Information Services
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.
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