Seaport Res Ptn Issues Optimistic Estimate for FIS Earnings

Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) - Equities research analysts at Seaport Res Ptn increased their Q3 2026 EPS estimates for shares of Fidelity National Information Services in a report issued on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now forecasts that the information technology services provider will post earnings of $1.65 per share for the quarter, up from their prior forecast of $1.64. The consensus estimate for Fidelity National Information Services' current full-year earnings is $5.74 per share. Seaport Res Ptn also issued estimates for Fidelity National Information Services' Q4 2026 earnings at $1.77 EPS and FY2026 earnings at $6.21 EPS.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.20 by $0.01. Fidelity National Information Services had a net margin of 8.10% and a return on equity of 18.15%. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the prior year, the company earned $1.33 EPS. The firm's revenue was up 2.6% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on the stock. Truist Financial assumed coverage on shares of Fidelity National Information Services in a research note on Monday, June 2nd. They issued a "hold" rating and a $84.00 price objective for the company. Robert W. Baird raised their target price on shares of Fidelity National Information Services from $80.00 to $82.00 and gave the stock a "neutral" rating in a research report on Friday, April 4th. Citigroup upgraded shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and increased their price target for the stock from $79.00 to $86.00 in a research note on Monday, April 21st. Stephens increased their price target on shares of Fidelity National Information Services from $90.00 to $100.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, Royal Bank Of Canada decreased their price target on shares of Fidelity National Information Services from $95.00 to $93.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $90.75.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock opened at $78.83 on Wednesday. Fidelity National Information Services has a 52-week low of $66.51 and a 52-week high of $91.98. The stock has a market capitalization of $41.41 billion, a price-to-earnings ratio of 52.20 and a beta of 1.06. The company has a fifty day moving average of $79.93 and a 200-day moving average of $76.83. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.63 and a current ratio of 0.63.

Institutional Trading of Fidelity National Information Services

A number of large investors have recently made changes to their positions in FIS. Sierra Ocean LLC grew its position in Fidelity National Information Services by 356.0% during the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider's stock valued at $26,000 after buying an additional 267 shares during the period. YANKCOM Partnership grew its position in 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 valued at $26,000 after buying an additional 190 shares during the period. Meeder Asset Management Inc. grew its position in Fidelity National Information Services by 92.1% during the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider's stock valued at $26,000 after buying an additional 164 shares during the period. Hazlett Burt & Watson Inc. grew its position in Fidelity National Information Services by 179.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider's stock valued at $29,000 after buying an additional 250 shares during the period. Finally, Kennebec Savings Bank grew its position in Fidelity National Information Services by 71.3% during the first quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider's stock valued at $33,000 after buying an additional 186 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were paid a $0.40 dividend. The ex-dividend date was Tuesday, June 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.03%. Fidelity National Information Services's dividend payout ratio is presently 105.96%.

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.

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