Q1 EPS Estimates for Global Payments Increased by Analyst

Global Payments Inc. (NYSE:GPN) – Equities researchers at Zacks Research lifted their Q1 2027 earnings per share estimates for shares of Global Payments in a research report issued on Wednesday, August 20th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $3.27 for the quarter, up from their previous estimate of $3.25. The consensus estimate for Global Payments’ current full-year earnings is $11.89 per share.

Global Payments (NYSE:GPN) last announced its quarterly earnings results on Wednesday, August 6th. The business services provider reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.04. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.36 billion. Global Payments had a return on equity of 12.47% and a net margin of 15.07%.The business’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $2.93 EPS.

Several other analysts also recently weighed in on the company. Wall Street Zen raised Global Payments from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. TD Cowen downgraded Global Payments from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Royal Bank Of Canada lifted their target price on Global Payments from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, August 7th. Evercore ISI lifted their target price on Global Payments from $85.00 to $90.00 and gave the company an “in-line” rating in a research note on Friday, August 8th. Finally, Truist Financial lifted their target price on Global Payments from $79.00 to $83.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Ten investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Global Payments has an average rating of “Hold” and an average price target of $112.21.

Global Payments Trading Down 0.6%

Shares of NYSE GPN opened at $88.31 on Monday. The stock’s 50 day simple moving average is $82.00 and its 200 day simple moving average is $85.61. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61. The company has a market cap of $21.43 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. Global Payments has a 12-month low of $65.93 and a 12-month high of $120.00.

Global Payments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 12th. Global Payments’s payout ratio is presently 17.48%.

Insider Activity

In related news, General Counsel Dara L. Steele-Belkin sold 2,000 shares of Global Payments stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $86.00, for a total value of $172,000.00. Following the transaction, the general counsel directly owned 30,713 shares in the company, valued at $2,641,318. The trade was a 6.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.01% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Pzena Investment Management LLC grew its stake in Global Payments by 32.6% in the second quarter. Pzena Investment Management LLC now owns 11,050,253 shares of the business services provider’s stock valued at $884,462,000 after purchasing an additional 2,716,156 shares in the last quarter. Glenview Capital Management LLC grew its stake in Global Payments by 13.8% in the second quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider’s stock valued at $345,524,000 after purchasing an additional 523,209 shares in the last quarter. Norges Bank purchased a new position in Global Payments in the second quarter valued at about $273,844,000. Janus Henderson Group PLC grew its stake in Global Payments by 9.8% in the fourth quarter. Janus Henderson Group PLC now owns 2,906,444 shares of the business services provider’s stock valued at $325,698,000 after purchasing an additional 259,590 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Global Payments by 12.6% in the fourth quarter. Northern Trust Corp now owns 2,730,471 shares of the business services provider’s stock valued at $305,977,000 after purchasing an additional 305,987 shares in the last quarter. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.