Fidelity National Information Services (FIS) Projected to Post Earnings on Tuesday

Fidelity National Information Services (NYSE:FIS - Get Free Report) is expected to release its earnings data before the market opens on Tuesday, February 11th. Analysts expect Fidelity National Information Services to post earnings of $1.35 per share and revenue of $2.63 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same quarter last year, the firm posted $0.94 EPS. The company's revenue was up 3.1% on a year-over-year basis. On average, analysts expect Fidelity National Information Services to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Fidelity National Information Services Stock Performance

Shares of FIS stock traded up $0.55 during trading hours on Friday, reaching $83.41. 2,419,890 shares of the company's stock were exchanged, compared to its average volume of 2,263,383. Fidelity National Information Services has a fifty-two week low of $60.39 and a fifty-two week high of $91.98. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $44.90 billion, a P/E ratio of 33.23, a P/E/G ratio of 0.62 and a beta of 1.04. The business has a fifty day moving average price of $81.41 and a 200-day moving average price of $82.74.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be paid a dividend of $0.40 per share. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services's dividend payout ratio is presently 57.37%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Susquehanna boosted their price objective on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the stock a "positive" rating in a report on Tuesday, November 5th. UBS Group boosted their price target on Fidelity National Information Services from $80.00 to $94.00 and gave the company a "neutral" rating in a research note on Tuesday, November 5th. Morgan Stanley lifted their price target on shares of Fidelity National Information Services from $87.00 to $92.00 and gave the stock an "equal weight" rating in a research note on Wednesday, December 18th. Wells Fargo & Company assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, January 14th. They set an "equal weight" rating and a $88.00 price objective for the company. Finally, Compass Point assumed coverage on shares of Fidelity National Information Services in a research note on Wednesday, November 20th. They issued a "buy" rating and a $126.00 target price on the stock. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $92.00.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 701 shares of the business's stock in a transaction that occurred on Wednesday, January 15th. The shares were acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now directly owns 11,098 shares of the company's stock, valued at approximately $887,507.06. This represents a 6.74 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of Fidelity National Information Services stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the sale, the executive vice president now directly owns 32,199 shares of the company's stock, valued at $2,832,546.03. This represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

About Fidelity National Information Services

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.