Fidelity National Information Services, Inc. (NYSE:FIS) Stock Has Consensus Target Price of $50.25 According to Brokerages

Key Points

• Analysts have a consensus “Hold” rating on FIS, with 12 holds, 10 buys and 2 sells. The average 12-month price target is $50.25, above the reported share price of $35.20.
• FIS reported quarterly EPS of $1.48, slightly exceeding expectations, while revenue reached $3.38 billion and grew 29.1% year over year. Analysts project approximately $6.20 in EPS for the current fiscal year.
• The company pays a quarterly dividend of $0.44, or $1.76 annually, representing a 5.0% yield. Institutional investors and hedge funds own approximately 96.23% of the stock.

Shares of Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) have been given a consensus recommendation of "Hold" by the twenty-four analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $50.25.

Several equities analysts have recently commented on the stock. Truist Financial lowered their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating on the stock in a report on Friday, July 24th. Piper Sandler assumed coverage on Fidelity National Information Services in a report on Friday, September 11th. They set a "neutral" rating and a $42.00 price objective for the company. Stephens reissued an "equal weight" rating and set a $50.00 price objective on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Royal Bank Of Canada lowered their target price on Fidelity National Information Services from $57.00 to $53.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group cut their price target on Fidelity National Information Services from $52.00 to $44.00 and set a "buy" rating for the company in a research note on Tuesday.

Fidelity National Information Services Price Performance

NYSE FIS opened at $35.20 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a market capitalization of $18.20 billion, a price-to-earnings ratio of 5.41, a price-to-earnings-growth ratio of 0.36 and a beta of 0.81. The company has a 50 day simple moving average of $38.40 and a 200-day simple moving average of $41.46. Fidelity National Information Services has a 52-week low of $32.10 and a 52-week high of $68.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm's revenue was up 29.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.36 earnings per share. 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 6.20 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

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

Institutional Trading of Fidelity National Information Services

A number of institutional investors have recently added to or reduced their stakes in FIS. Perpetual Ltd grew its position in Fidelity National Information Services by 32.9% in the third quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider's stock worth $107,324,000 after acquiring an additional 807,482 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Fidelity National Information Services by 4.7% during the 3rd quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider's stock worth $256,000 after purchasing an additional 349 shares during the last quarter. Investors Research Corp raised its holdings in shares of Fidelity National Information Services by 4.6% during the 3rd quarter. Investors Research Corp now owns 8,450 shares of the information technology services provider's stock valued at $278,000 after purchasing an additional 369 shares in the last quarter. Bank & Trust Co bought a new position in shares of Fidelity National Information Services during the 3rd quarter valued at $51,000. Finally, Benedict Financial Advisors Inc. raised its holdings in shares of Fidelity National Information Services by 5.5% during the 3rd quarter. Benedict Financial Advisors Inc. now owns 67,669 shares of the information technology services provider's stock valued at $2,226,000 after purchasing an additional 3,538 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

About Fidelity National Information Services

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.

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