Research Analysts Issue Forecasts for FIS FY2025 Earnings

Fidelity National Information Services, Inc. (NYSE:FIS) – Stock analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for shares of Fidelity National Information Services in a research report issued to clients and investors on Tuesday, February 11th. William Blair analyst C. Kennedy now expects that the information technology services provider will post earnings of $5.65 per share for the year, up from their previous forecast of $5.56. The consensus estimate for Fidelity National Information Services’ current full-year earnings is $5.18 per share.

A number of other equities analysts have also recently weighed in on the company. Morgan Stanley decreased their price target on Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating for the company in a report on Wednesday. JPMorgan Chase & Co. upped their price target on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. UBS Group decreased their price target on Fidelity National Information Services from $94.00 to $81.00 and set a “neutral” rating for the company in a report on Wednesday. Mizuho upped their price target on Fidelity National Information Services from $91.00 to $104.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada cut their target price on Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $87.95.

Fidelity National Information Services Stock Down 0.8 %

Shares of NYSE:FIS opened at $72.59 on Wednesday. The stock has a market capitalization of $39.08 billion, a P/E ratio of 28.92, a PEG ratio of 0.63 and a beta of 1.04. Fidelity National Information Services has a 1 year low of $60.39 and a 1 year high of $91.98. The stock has a 50-day simple moving average of $81.08 and a 200-day simple moving average of $82.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. During the same quarter in the previous year, the company posted $0.94 earnings per share.

Institutional Trading of Fidelity National Information Services

A number of institutional investors have recently modified their holdings of the company. Larson Financial Group LLC raised its holdings in Fidelity National Information Services by 94.1% during the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 159 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $28,000. R Squared Ltd bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth approximately $30,000. Groupama Asset Managment grew its stake in shares of Fidelity National Information Services by 0.8% in the third quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider’s stock valued at $35,000 after buying an additional 319 shares in the last quarter. Finally, Concord Wealth Partners increased its holdings in Fidelity National Information Services by 50.2% during the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock worth $37,000 after buying an additional 146 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the sale, the executive vice president now directly owns 32,199 shares in the company, valued at $2,832,546.03. The trade was a 25.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeffrey A. Goldstein purchased 701 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now owns 11,098 shares of the company’s stock, valued at approximately $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is owned by insiders.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be paid a dividend of $0.40 per share. The ex-dividend date is Tuesday, March 11th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.20%. Fidelity National Information Services’s payout ratio is 57.37%.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.