Fidelity National Information Services, Inc. (NYSE:FIS) Receives $55.39 Consensus PT from Analysts

Fidelity National Information Services, Inc. (NYSE:FIS) has been assigned a consensus rating of “Hold” from the twenty-three research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $53.9565.

A number of equities analysts have issued reports on FIS shares. Deutsche Bank Aktiengesellschaft lowered their target price on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Wells Fargo & Company restated an “equal weight” rating and issued a $46.00 price target (down from $58.00) on shares of Fidelity National Information Services in a research note on Tuesday, August 25th. Stephens reiterated an “equal weight” rating and set a $50.00 price objective on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Cantor Fitzgerald decreased their target price on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Finally, Royal Bank Of Canada dropped their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th.

Fidelity National Information Services Trading Down 1.4%

Shares of NYSE FIS opened at $40.86 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services has a twelve month low of $37.42 and a twelve month high of $70.38. The company’s fifty day moving average is $41.70 and its 200-day moving average is $44.28. The stock has a market cap of $21.12 billion, a price-to-earnings ratio of 6.28, a P/E/G ratio of 0.43 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the company posted $1.36 earnings per share. The company’s revenue for the quarter 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 predict that Fidelity National Information Services will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Institutional Trading of Fidelity National Information Services

Several hedge funds have recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new position in Fidelity National Information Services in the 2nd quarter valued at approximately $1,730,200,000. Norges Bank acquired a new position in Fidelity National Information Services in the 4th quarter valued at approximately $495,956,000. OP Asset Management Ltd bought a new stake in shares of Fidelity National Information Services in the first quarter worth $2,509,000. South Dakota Investment Council increased its holdings in Fidelity National Information Services by 46.2% in the first quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock valued at $10,696,000 after purchasing an additional 72,040 shares during the period. Finally, Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter worth $347,000. 96.23% of the stock is owned by institutional investors and hedge funds.

About Fidelity National Information Services

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.