Q1 EPS Estimates for Global Payments Boosted by Analyst

Key Points

• Analysts at Zacks Research have increased their Q1 2027 Earnings Per Share (EPS) estimate for Global Payments from $3.25 to $3.27, indicating a positive outlook for the company.
• Global Payments reported earnings of $3.10 per share for the last quarter, surpassing the consensus estimate of $3.06, and showing a year-over-year revenue increase of 1.6%.
• The company recently announced a quarterly dividend of $0.25 per share, reflecting an annualized yield of 1.1%, with the ex-dividend date set for September 12th.

Global Payments Inc. (NYSE:GPN - Free Report) - Equities research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of Global Payments in a research note issued on Wednesday, August 20th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $3.27 for the quarter, up from their previous estimate of $3.25. The consensus estimate for Global Payments' current full-year earnings is $11.89 per share.

Global Payments (NYSE:GPN - Get Free Report) last announced its earnings results on Wednesday, August 6th. The business services provider reported $3.10 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.04. Global Payments had a return on equity of 12.47% and a net margin of 15.07%.The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $2.93 EPS. The company's revenue was up 1.6% on a year-over-year basis.

Several other brokerages also recently weighed in on GPN. Wall Street Zen upgraded Global Payments from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. UBS Group raised their price target on Global Payments from $85.00 to $93.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Evercore ISI raised their price target on Global Payments from $85.00 to $90.00 and gave the company an "in-line" rating in a report on Friday, August 8th. Royal Bank Of Canada raised their price target on Global Payments from $86.00 to $93.00 and gave the company a "sector perform" rating in a report on Thursday, August 7th. Finally, Truist Financial raised their price target on Global Payments from $79.00 to $83.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Ten analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $112.21.

Global Payments Trading Up 4.9%

Shares of GPN stock opened at $89.9510 on Monday. The business's 50 day moving average is $81.51 and its two-hundred day moving average is $85.74. Global Payments has a twelve month low of $65.93 and a twelve month high of $120.00. The company has a market capitalization of $21.82 billion, a P/E ratio of 15.73, a price-to-earnings-growth ratio of 0.86 and a beta of 0.93. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61.

Global Payments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, September 12th. Global Payments's payout ratio is 17.48%.

Insider Activity at Global Payments

In other Global Payments news, General Counsel Dara L. Steele-Belkin sold 2,000 shares of the business's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $86.00, for a total transaction of $172,000.00. Following the transaction, the general counsel owned 30,713 shares in the company, valued at $2,641,318. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Pzena Investment Management LLC lifted its stake in shares of Global Payments by 32.6% during the second quarter. Pzena Investment Management LLC now owns 11,050,253 shares of the business services provider's stock worth $884,462,000 after purchasing an additional 2,716,156 shares in the last quarter. Glenview Capital Management LLC lifted its stake in shares of 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 purchasing an additional 523,209 shares in the last quarter. Norges Bank acquired a new position in shares of Global Payments during the second quarter worth about $273,844,000. Janus Henderson Group PLC lifted its stake in shares of Global Payments by 9.8% during the fourth quarter. Janus Henderson Group PLC now owns 2,906,444 shares of the business services provider's stock worth $325,698,000 after purchasing an additional 259,590 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Global Payments by 12.6% in the fourth quarter. Northern Trust Corp now owns 2,730,471 shares of the business services provider's stock worth $305,977,000 after acquiring an additional 305,987 shares in the last quarter. Institutional investors and hedge funds own 89.76% of the company's stock.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.

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