Fidelity National Information Services (NYSE:FIS) Updates FY 2025 Earnings Guidance

Fidelity National Information Services (NYSE:FIS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.740-5.780 for the period, compared to the consensus estimate of 5.760. The company issued revenue guidance of $10.6 billion-$10.6 billion, compared to the consensus revenue estimate of $10.5 billion.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company began coverage on shares of Fidelity National Information Services in a research report on Wednesday, October 22nd. They issued an “overweight” rating and a $81.00 price target on the stock. Truist Financial cut their price target on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating for the company in a report on Friday, October 24th. Stephens cut their price target on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday, October 16th. UBS Group lifted their price target on shares of Fidelity National Information Services from $82.00 to $83.00 and gave the company a “buy” rating in a report on Thursday. Finally, Robert W. Baird lifted their price target on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Eleven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of “Hold” and an average target price of $85.88.

Fidelity National Information Services Stock Up 0.1%

Shares of FIS stock traded up $0.06 during trading hours on Thursday, hitting $64.81. 2,072,437 shares of the company were exchanged, compared to its average volume of 3,785,914. Fidelity National Information Services has a 52 week low of $59.51 and a 52 week high of $89.57. The business has a 50 day moving average of $66.52 and a two-hundred day moving average of $74.07. The company has a market capitalization of $33.86 billion, a PE ratio of 360.91 and a beta of 1.01. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Wednesday, November 5th. The information technology services provider reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.03. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the firm earned $1.40 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 5.7% compared to the same quarter last year. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. Analysts anticipate that Fidelity National Information Services will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, December 9th. This represents a $1.60 annualized dividend and a yield of 2.5%. Fidelity National Information Services’s dividend payout ratio is presently 888.89%.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 889 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were acquired at an average cost of $67.66 per share, with a total value of $60,149.74. Following the completion of the purchase, the director directly owned 13,588 shares of the company’s stock, valued at $919,364.08. This trade represents a 7.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity National Information Services

A number of large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its position in Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $127,000. FSB Premier Wealth Management Inc. purchased a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $202,000. Kensington Investment Counsel LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter worth approximately $206,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Fidelity National Information Services in the second quarter worth approximately $266,000. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Company Profile

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.