Fidelity National Information Services (NYSE:FIS – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.700-5.800 for the period, compared to the consensus EPS estimate of 5.720. The company issued revenue guidance of $10.4 billion-$10.5 billion, compared to the consensus revenue estimate of $10.6 billion. Fidelity National Information Services also updated its Q1 2025 guidance to 1.170-1.220 EPS.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on FIS. Stephens boosted their price target on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Friday, October 18th. UBS Group upped their target price on Fidelity National Information Services from $80.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Keefe, Bruyette & Woods decreased their price target on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday. Mizuho upped their price objective on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $90.27.
View Our Latest Stock Analysis on FIS
Fidelity National Information Services Stock Performance
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. During the same quarter last year, the company earned $0.94 EPS. On average, sell-side analysts forecast that Fidelity National Information Services will post 5.18 earnings per share for the current fiscal year.
Fidelity National Information Services Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be given a $0.40 dividend. 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 yield of 2.19%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is presently 57.37%.
Insider Activity
In related news, EVP Lenore D. Williams sold 11,305 shares of the 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 completion of the transaction, the executive vice president now owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jeffrey A. Goldstein acquired 701 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were acquired 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 directly owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.
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.
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