Zacks Research Estimates Global Payments FY2027 Earnings

Global Payments Inc. (NYSE:GPN) – Equities researchers at Zacks Research issued their FY2027 earnings estimates for shares of Global Payments in a note issued to investors on Tuesday, February 25th. Zacks Research analyst K. Dey expects that the business services provider will post earnings per share of $15.30 for the year. The consensus estimate for Global Payments’ current full-year earnings is $11.89 per share.

Other analysts have also recently issued reports about the company. The Goldman Sachs Group reissued a “neutral” rating and set a $122.00 target price (down from $155.00) on shares of Global Payments in a research note on Thursday, January 9th. StockNews.com raised shares of Global Payments from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods upped their target price on Global Payments from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Bank of America cut their price target on shares of Global Payments from $156.00 to $149.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, Royal Bank of Canada reduced their target price on Global Payments from $143.00 to $130.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $134.33.

Global Payments Stock Up 1.6 %

Shares of Global Payments stock opened at $103.19 on Thursday. The company has a market capitalization of $25.55 billion, a P/E ratio of 16.70, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.93. The business has a 50-day moving average of $109.18 and a two-hundred day moving average of $108.91. Global Payments has a 1 year low of $91.60 and a 1 year high of $140.38.

Global Payments (NYSE:GPN) last posted its earnings results on Thursday, February 13th. The business services provider reported $2.84 earnings per share for the quarter, missing the consensus estimate of $2.98 by ($0.14). Global Payments had a return on equity of 12.21% and a net margin of 15.54%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.31 billion.

Global Payments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.97%. Global Payments’s dividend payout ratio (DPR) is currently 16.18%.

Insider Buying and Selling

In related news, Director Robert H. B. Baldwin, Jr. acquired 5,800 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average price of $116.00 per share, with a total value of $672,800.00. Following the purchase, the director now directly owns 42,738 shares in the company, valued at approximately $4,957,608. This trade represents a 15.70 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.98% of the stock is owned by corporate insiders.

Institutional Trading of Global Payments

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tidal Investments LLC boosted its holdings in shares of Global Payments by 0.3% during the 3rd quarter. Tidal Investments LLC now owns 26,946 shares of the business services provider’s stock valued at $2,760,000 after acquiring an additional 86 shares in the last quarter. Sage Capital Advisors llc boosted its stake in shares of Global Payments by 0.3% during the fourth quarter. Sage Capital Advisors llc now owns 28,232 shares of the business services provider’s stock valued at $3,164,000 after purchasing an additional 96 shares in the last quarter. SYM FINANCIAL Corp boosted its stake in shares of Global Payments by 4.1% during the third quarter. SYM FINANCIAL Corp now owns 2,440 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 97 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of Global Payments by 11.2% during the fourth quarter. Private Trust Co. NA now owns 992 shares of the business services provider’s stock worth $111,000 after purchasing an additional 100 shares during the last quarter. Finally, Truvestments Capital LLC increased its stake in shares of Global Payments by 2.9% in the fourth quarter. Truvestments Capital LLC now owns 3,685 shares of the business services provider’s stock valued at $413,000 after buying an additional 103 shares during the period. Institutional investors own 89.76% of the company’s stock.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.