Fidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Monday, December 14th will be given a dividend of $0.44 per share by the information technology services provider on Monday, December 28th. This represents a $1.76 annualized dividend and a yield of 4.7%. The ex-dividend date is Monday, December 14th.
Fidelity National Information Services has a dividend payout ratio of 28.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Fidelity National Information Services to earn $6.69 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 26.3%.
Fidelity National Information Services Stock Up 2.0%
Shares of Fidelity National Information Services stock opened at $37.21 on Friday. The company has a fifty day moving average price of $37.02 and a 200 day moving average price of $44.03. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services has a twelve month low of $32.10 and a twelve month high of $68.37. The stock has a market cap of $19.23 billion, a price-to-earnings ratio of 5.72, a price-to-earnings-growth ratio of 0.43 and a beta of 0.81.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the firm posted $1.36 earnings per share. The firm’s quarterly revenue was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities research analysts forecast that Fidelity National Information Services will post 6.20 earnings per share for the current fiscal year.
Analysts Set New Price Targets
FIS has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price target on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Susquehanna cut their price target on Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. National Bank Financial set a $45.00 price target on Fidelity National Information Services in a report on Friday, October 16th. Stephens began coverage on Fidelity National Information Services in a research note on Tuesday, August 11th. They set an “equal weight” rating and a $50.00 price objective for the company. Finally, Morgan Stanley initiated coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Eleven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $49.04.
View Our Latest Stock Analysis on Fidelity National Information Services
Fidelity National Information Services Company Profile
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
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