Fidelity National Information Services, Inc. (NYSE:FIS) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Fidelity National Information Services has received an average rating of "Moderate Buy" from 21 brokerages, with a projected 12-month target price of $91.00.
• Recently, Fidelity National Information Services reported earnings of $1.36 per share for the last quarter, meeting analysts' expectations and showing a revenue increase of 5.1% year-over-year.
• The company announced a quarterly dividend of $0.40, representing an annualized yield of 2.4%.

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the twenty-one brokerages that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $91.00.

A number of analysts have issued reports on the company. Keefe, Bruyette & Woods decreased their price target on Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating for the company in a report on Wednesday. Weiss Ratings reissued a "sell (d)" rating on shares of Fidelity National Information Services in a research report on Saturday, September 27th. Truist Financial upped their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Susquehanna dropped their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating on the stock in a research note on Friday, September 12th. Finally, UBS Group raised shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and set a $82.00 price objective on the stock in a report on Tuesday.

Institutional Trading of Fidelity National Information Services

Institutional investors and hedge funds have recently made changes to their positions in the company. Sierra Ocean LLC grew its stake in Fidelity National Information Services by 356.0% during the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider's stock worth $26,000 after buying an additional 267 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Fidelity National Information Services by 92.1% in the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider's stock valued at $26,000 after acquiring an additional 164 shares during the period. YANKCOM Partnership grew its position in shares of Fidelity National Information Services by 118.8% during the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider's stock worth $26,000 after acquiring an additional 190 shares during the last quarter. NewSquare Capital LLC raised its position in Fidelity National Information Services by 115.1% in the 2nd quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider's stock valued at $29,000 after purchasing an additional 191 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its stake in Fidelity National Information Services by 179.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider's stock worth $29,000 after purchasing an additional 250 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 0.4%

Shares of Fidelity National Information Services stock opened at $66.71 on Friday. Fidelity National Information Services has a 52-week low of $63.00 and a 52-week high of $91.98. The company has a 50 day moving average of $69.73 and a 200 day moving average of $75.07. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $34.85 billion, a P/E ratio of 370.60 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting analysts' consensus estimates of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The company's revenue was up 5.1% on a year-over-year basis. During the same period last year, the business earned $1.36 EPS. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, research analysts forecast that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, September 10th. Fidelity National Information Services's dividend payout ratio is currently 888.89%.

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.

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