Global Payments Q2 EPS Estimate Decreased by Zacks Research

Key Points

• Zacks Research lowered its Q2 2026 EPS estimate for Global Payments to $3.49 from $3.55, while keeping a Hold rating on the stock. The firm also issued a Q3 2026 estimate of $3.66 per share.
• Global Payments recently beat quarterly expectations, reporting $2.96 EPS on revenue of $2.86 billion versus analyst estimates of $2.82 billion and $2.81 billion, respectively. The company also reaffirmed FY 2026 guidance of 13.8 to 14.0 EPS.
• Analyst sentiment remains cautious overall, with multiple firms trimming price targets and MarketBeat showing a consensus Hold rating and average target price of $84.29. The stock was trading up 2.8% at $72.73, below its 12-month high of $90.64.

Global Payments Inc. (NYSE:GPN - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2026 earnings per share estimates for shares of Global Payments in a research report issued on Tuesday, May 19th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $3.49 for the quarter, down from their prior forecast of $3.55. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Global Payments' current full-year earnings is $13.89 per share. Zacks Research also issued estimates for Global Payments' Q3 2026 earnings at $3.66 EPS.

Global Payments (NYSE:GPN - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The company's quarterly revenue was up 63.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS.

A number of other equities analysts have also issued reports on GPN. Argus reduced their target price on shares of Global Payments from $100.00 to $95.00 in a research report on Friday, May 8th. JPMorgan Chase & Co. reduced their target price on Global Payments from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, February 12th. Rothschild & Co Redburn reduced their price target on shares of Global Payments from $70.00 to $60.00 and set a "sell" rating on the stock in a research report on Tuesday, May 12th. Royal Bank Of Canada cut their price objective on Global Payments from $97.00 to $82.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 8th. Finally, Weiss Ratings cut shares of Global Payments from a "hold (c-)" rating to a "sell (d)" rating in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $84.29.

Global Payments Trading Up 2.8%

Shares of Global Payments stock opened at $72.73 on Friday. Global Payments has a 12-month low of $62.45 and a 12-month high of $90.64. The company has a 50-day simple moving average of $68.75 and a 200 day simple moving average of $73.67. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $19.89 billion, a P/E ratio of -35.65, a price-to-earnings-growth ratio of 0.40 and a beta of 0.75.

Hedge Funds Weigh In On Global Payments

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in Global Payments during the 4th quarter worth approximately $725,000. Caxton Associates LLP acquired a new stake in shares of Global Payments in the first quarter valued at about $243,000. Intech Investment Management LLC raised its holdings in Global Payments by 43.5% during the 1st quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider's stock worth $1,416,000 after purchasing an additional 4,386 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Global Payments by 7.3% during the second quarter. Daiwa Securities Group Inc. now owns 41,577 shares of the business services provider's stock worth $3,327,000 after buying an additional 2,840 shares during the last quarter. Finally, AXA S.A. raised its position in shares of Global Payments by 236.6% in the 2nd quarter. AXA S.A. now owns 28,622 shares of the business services provider's stock worth $2,291,000 after acquiring an additional 20,119 shares in the last quarter. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Global Payments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Global Payments's dividend payout ratio (DPR) is currently -49.02%.

Trending Headlines about Global Payments

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Zacks Research lifted its earnings estimates for FY2027, Q3 2027, and Q4 2027, suggesting analysts see stronger profit potential over the next couple of years. Global Payments analyst estimate updates
• Positive Sentiment: The company recently beat quarterly expectations, with revenue and EPS topping consensus, which may be supporting investor confidence in Global Payments’ operating momentum.
• Neutral Sentiment: Global Payments presented at J.P. Morgan’s annual technology, media and communications conference, which likely kept the stock in focus but did not include a clear new catalyst.
• Neutral Sentiment: Broader analyst coverage still points to an average "Hold" rating, indicating sentiment remains cautious rather than strongly bullish.
• Negative Sentiment: Zacks also trimmed some nearer-term and long-term estimates, including Q1 2027, Q1 2028, and FY2028, which may limit enthusiasm around the stock’s near-term outlook.

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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