Brokers Offer Predictions for Fidelity National Information Services, Inc.'s Q1 2025 Earnings (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) - William Blair lifted their Q1 2025 EPS estimates for Fidelity National Information Services in a research report issued on Monday, May 13th. William Blair analyst C. Kennedy now anticipates that the information technology services provider will earn $1.25 per share for the quarter, up from their previous estimate of $1.24. William Blair has a "Outperform" rating on the stock. The consensus estimate for Fidelity National Information Services' current full-year earnings is $4.98 per share. William Blair also issued estimates for Fidelity National Information Services' Q3 2025 earnings at $1.40 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $5.46 EPS and FY2026 earnings at $5.94 EPS.

FIS has been the topic of a number of other research reports. Royal Bank of Canada raised their target price on Fidelity National Information Services from $75.00 to $82.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 7th. Keefe, Bruyette & Woods increased their price objective on Fidelity National Information Services from $82.00 to $85.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 8th. Morgan Stanley upped their target price on Fidelity National Information Services from $73.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 27th. Stephens reissued an "overweight" rating and set a $90.00 price objective on shares of Fidelity National Information Services in a report on Tuesday, May 7th. Finally, TheStreet upgraded shares of Fidelity National Information Services from a "d" rating to a "c" rating in a research report on Monday, February 26th. Eight analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Fidelity National Information Services has an average rating of "Moderate Buy" and a consensus price target of $78.11.

Fidelity National Information Services Stock Performance

Shares of FIS stock traded up $0.64 during trading on Tuesday, reaching $76.39. 3,846,117 shares of the company's stock traded hands, compared to its average volume of 4,476,041. Fidelity National Information Services has a 1 year low of $46.91 and a 1 year high of $76.68. The company has a market capitalization of $42.49 billion, a P/E ratio of -7.47, a PEG ratio of 0.76 and a beta of 0.98. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.59. The firm's 50-day moving average is $71.26 and its 200 day moving average is $63.62.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Monday, May 6th. The information technology services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $0.96 by $0.14. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. Fidelity National Information Services had a positive return on equity of 13.91% and a negative net margin of 54.14%. Fidelity National Information Services's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.29 earnings per share.

Hedge Funds Weigh In On Fidelity National Information Services

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Fidelity National Information Services by 19.1% in the first quarter. Vanguard Group Inc. now owns 68,658,572 shares of the information technology services provider's stock worth $5,093,093,000 after acquiring an additional 11,023,109 shares in the last quarter. Norges Bank purchased a new stake in Fidelity National Information Services during the 4th quarter valued at about $478,594,000. Lyrical Asset Management LP bought a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $260,316,000. JANA Partners Management LP purchased a new stake in shares of Fidelity National Information Services during the third quarter valued at approximately $206,507,000. Finally, Lazard Asset Management LLC increased its position in shares of Fidelity National Information Services by 660.0% during the third quarter. Lazard Asset Management LLC now owns 3,328,124 shares of the information technology services provider's stock valued at $183,944,000 after acquiring an additional 2,890,185 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jeffrey A. Goldstein purchased 775 shares of Fidelity National Information Services stock in a transaction that occurred on Monday, April 15th. The shares were bought at an average cost of $72.37 per share, with a total value of $56,086.75. Following the completion of the purchase, the director now directly owns 9,052 shares in the company, valued at $655,093.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is currently owned by company insiders.

Fidelity National Information Services announced that its board has approved a stock repurchase plan on Monday, February 26th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the information technology services provider to purchase up to 1.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Monday, June 10th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Monday, June 10th. Fidelity National Information Services's dividend payout ratio is currently -14.08%.

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.