Fidelity National Information Services, Inc. (NYSE:FIS) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Fidelity National Information Services, with 12 hold, 10 buy, and 2 sell ratings among 24 firms. The average 12-month price target is $53.46.
• FIS shares opened at $35.55, near their 52-week low of $35.53, after several brokerages reduced their price targets. The company narrowly exceeded quarterly EPS estimates at $1.48, while revenue rose 29.1% year over year to $3.38 billion.
• The company declared a quarterly dividend of $0.44, representing an annualized payout of $1.76 and a 5.0% yield. Institutional investors own approximately 96.23% of FIS shares.

Shares of Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) have earned a consensus recommendation of "Hold" from the twenty-four ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $53.4583.

A number of brokerages have recently issued reports on FIS. Citigroup cut their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 5th. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $55.00 to $50.00 and set an "overweight" rating on the stock in a report on Monday, August 10th. Weiss Ratings downgraded Fidelity National Information Services from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, September 10th. National Bank Financial set a $50.00 target price on shares of Fidelity National Information Services in a research report on Monday, August 10th. Finally, TD Cowen decreased their price objective on shares of Fidelity National Information Services from $58.00 to $53.00 and set a "buy" rating for the company in a research note on Wednesday, August 26th.

Fidelity National Information Services Stock Down 2.4%

Fidelity National Information Services stock opened at $35.55 on Friday. The firm has a market cap of $18.37 billion, a P/E ratio of 5.46, a P/E/G ratio of 0.38 and a beta of 0.79. 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 $35.53 and a twelve month high of $69.14. The business has a fifty day moving average of $41.38 and a two-hundred day moving average of $43.40.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The firm's quarterly revenue was up 29.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.36 EPS. 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. On average, analysts forecast that Fidelity National Information Services will post 6.2 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services's dividend payout ratio is currently 27.04%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. MBM Wealth Consultants LLC purchased a new position in shares of Fidelity National Information Services in the 1st quarter valued at about $33,000. Reflection Asset Management purchased a new position in Fidelity National Information Services in the fourth quarter valued at $34,000. Hantz Financial Services Inc. raised its stake in Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock valued at $55,000 after buying an additional 598 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Fidelity National Information Services during the 2nd quarter worth about $58,000. Finally, Rothschild Investment LLC increased its stake in Fidelity National Information Services by 191.9% in the fourth quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider's stock valued at $60,000 after purchasing an additional 591 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

About Fidelity National Information Services

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.

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