Global Payments (NYSE:GPN) Updates FY 2026 Earnings Guidance

Key Points

• FY2026 guidance: Global Payments set EPS guidance of 13.80–14.00 (slightly above the consensus 13.74) but issued revenue guidance of $9.8 billion, well below the consensus of $12.4 billion.
• The stock fell about 3.2% after the update; the company recently beat Q1 EPS ($2.96 vs. $2.82) and currently trades near $69.50 with a market cap of ~$19.1B, a P/E of 12 and a ~1.4% dividend yield.

Global Payments (NYSE:GPN - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 13.800-14.000 for the period, compared to the consensus earnings per share estimate of 13.740. The company issued revenue guidance of $9.8 billion-$9.8 billion, compared to the consensus revenue estimate of $12.4 billion.

Global Payments Stock Down 3.2%

GPN stock opened at $69.51 on Wednesday. The firm has a market cap of $19.13 billion, a PE ratio of 12.00, a P/E/G ratio of 0.42 and a beta of 0.75. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.69 and a current ratio of 1.69. The firm's fifty day moving average is $70.71 and its 200 day moving average is $74.97. Global Payments has a one year low of $62.45 and a one year high of $90.64.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating the consensus estimate of $2.82 by $0.14. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, research analysts forecast that Global Payments will post 13.73 EPS for the current year.

Global Payments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 9th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, March 9th. Global Payments's dividend payout ratio (DPR) is currently 17.27%.

Wall Street Analysts Forecast Growth

GPN has been the topic of several analyst reports. UBS Group restated a "neutral" rating and set a $87.00 price target (up from $80.00) on shares of Global Payments in a research report on Thursday, February 19th. JPMorgan Chase & Co. decreased their price objective on shares of Global Payments from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, February 12th. Wells Fargo & Company increased their price objective on shares of Global Payments from $103.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, February 19th. BNP Paribas Exane decreased their price objective on shares of Global Payments from $64.00 to $60.00 and set an "underperform" rating on the stock in a report on Friday, April 10th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Global Payments from $90.00 to $76.00 and set a "market perform" rating on the stock in a report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Global Payments presently has an average rating of "Hold" and an average target price of $86.20.

Hedge Funds Weigh In On Global Payments

A number of institutional investors and hedge funds have recently bought and sold shares of GPN. Balyasny Asset Management L.P. boosted its position in Global Payments by 112.3% during the third quarter. Balyasny Asset Management L.P. now owns 2,281,476 shares of the business services provider's stock worth $189,545,000 after acquiring an additional 1,206,807 shares during the last quarter. National Bank of Canada FI boosted its position in Global Payments by 126.9% during the third quarter. National Bank of Canada FI now owns 1,019,788 shares of the business services provider's stock worth $84,724,000 after acquiring an additional 570,413 shares during the last quarter. Glenview Capital Management LLC boosted its position in Global Payments by 13.8% during the second quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider's stock worth $345,524,000 after acquiring an additional 523,209 shares during the last quarter. AQR Capital Management LLC boosted its position in Global Payments by 74.8% during the third quarter. AQR Capital Management LLC now owns 662,102 shares of the business services provider's stock worth $55,007,000 after acquiring an additional 283,332 shares during the last quarter. Finally, Vinva Investment Management Ltd boosted its position in Global Payments by 72.2% during the fourth quarter. Vinva Investment Management Ltd now owns 633,595 shares of the business services provider's stock worth $50,816,000 after acquiring an additional 265,574 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors and hedge funds.

About Global Payments

Global Payments Inc NYSE: GPN is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.

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