Analysts Set Fidelity National Information Services, Inc. (NYSE:FIS) Price Target at $69.86

Fidelity National Information Services, Inc. (NYSE:FISGet Free Report) has received an average rating of “Moderate Buy” from the twenty-three analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $69.8571.

A number of equities research analysts have recently issued reports on the company. BNP Paribas Exane cut their target price on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 20th. Wells Fargo & Company decreased their price target on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Royal Bank Of Canada cut their price objective on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. JPMorgan Chase & Co. reduced their price objective on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Finally, Susquehanna decreased their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th.

View Our Latest Analysis on FIS

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock opened at $45.17 on Friday. Fidelity National Information Services has a 52 week low of $44.56 and a 52 week high of $82.74. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a market cap of $23.23 billion, a PE ratio of 61.87, a price-to-earnings-growth ratio of 0.46 and a beta of 0.90. The company’s 50-day moving average price is $50.60 and its two-hundred day moving average price is $60.39.

Fidelity National Information Services (NYSE:FISGet Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $1.40 EPS. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. As a group, sell-side analysts anticipate that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given a $0.44 dividend. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.9%. Fidelity National Information Services’s payout ratio is currently 241.10%.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 941 shares of Fidelity National Information Services stock in a transaction dated Thursday, January 15th. The stock was bought at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the acquisition, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stephanie Ferris bought 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in Fidelity National Information Services during the 4th quarter valued at about $347,000. Geneos Wealth Management Inc. lifted its position in shares of Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Fidelity National Information Services during the second quarter worth approximately $302,000. American Century Companies Inc. grew its position in Fidelity National Information Services by 25.4% during the second quarter. American Century Companies Inc. now owns 42,310 shares of the information technology services provider’s stock valued at $3,445,000 after purchasing an additional 8,563 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in Fidelity National Information Services in the 2nd quarter valued at approximately $1,076,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Fidelity National Information Services (NYSE:FIS)

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