Global Payments Inc. (GPN) to Issue Quarterly Dividend of $0.25 on June 26th

Global Payments Inc. (NYSE:GPNGet Free Report) announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, June 12th will be given a dividend of 0.25 per share by the business services provider on Friday, June 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, June 12th.

Global Payments has increased its dividend payment by an average of 0.1%per year over the last three years. Global Payments has a payout ratio of 7.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Global Payments to earn $16.48 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.1%.

Global Payments Stock Performance

GPN opened at $63.86 on Wednesday. The stock has a market cap of $17.47 billion, a P/E ratio of -31.30, a P/E/G ratio of 0.36 and a beta of 0.76. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. The stock’s 50 day simple moving average is $69.06 and its 200 day simple moving average is $73.23. Global Payments has a 1-year low of $62.45 and a 1-year high of $90.64.

Global Payments (NYSE:GPNGet Free Report) last announced its earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.Global Payments’s quarterly revenue was up 63.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.82 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, equities analysts anticipate that Global Payments will post 13.88 EPS for the current fiscal year.

Analyst Ratings Changes

GPN has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on Global Payments from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Susquehanna set a $111.00 target price on Global Payments and gave the company a “positive” rating in a report on Wednesday, June 3rd. Rothschild & Co Redburn lowered their target price on Global Payments from $70.00 to $60.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Citigroup lowered their target price on Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Finally, Stephens set a $80.00 target price on Global Payments and gave the company an “equal weight” rating in a report on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $85.27.

View Our Latest Stock Analysis on GPN

Global Payments Company Profile

(Get Free Report)

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.

Read More

Dividend History for Global Payments (NYSE:GPN)

Receive News & Ratings for Global Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Payments and related companies with MarketBeat.com's FREE daily email newsletter.