Zacks Research Has Positive Forecast for FIS Q1 Earnings

Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) - Research analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of Fidelity National Information Services in a research note issued on Monday, May 26th. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings of $1.31 per share for the quarter, up from their previous estimate of $1.29. The consensus estimate for Fidelity National Information Services' current full-year earnings is $5.74 per share. Zacks Research also issued estimates for Fidelity National Information Services' Q2 2026 earnings at $1.49 EPS and FY2026 earnings at $6.22 EPS.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.20 by $0.01. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. Fidelity National Information Services's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.33 EPS.

Other equities analysts have also issued reports about the company. Oppenheimer raised Fidelity National Information Services from a "market perform" rating to an "outperform" rating and set a $94.00 target price on the stock in a research report on Wednesday, April 23rd. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Susquehanna lowered Fidelity National Information Services from a "positive" rating to a "neutral" rating and cut their target price for the company from $103.00 to $81.00 in a research report on Wednesday, February 12th. Citigroup upgraded Fidelity National Information Services from a "neutral" rating to a "buy" rating and boosted their price target for the company from $79.00 to $86.00 in a report on Monday, April 21st. Finally, UBS Group boosted their price target on Fidelity National Information Services from $81.00 to $84.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $91.11.

Fidelity National Information Services Stock Up 1.5%

Shares of FIS traded up $1.21 during trading on Thursday, reaching $79.48. The company's stock had a trading volume of 5,576,856 shares, compared to its average volume of 3,486,580. The company has a fifty day moving average of $76.05 and a two-hundred day moving average of $77.76. Fidelity National Information Services has a twelve month low of $66.51 and a twelve month high of $91.98. The company has a market cap of $41.76 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 1.23 and a beta of 1.08. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On Fidelity National Information Services

Several hedge funds have recently modified their holdings of FIS. Norges Bank purchased a new stake in Fidelity National Information Services in the 4th quarter worth about $635,202,000. Raymond James Financial Inc. purchased a new stake in Fidelity National Information Services in the 4th quarter worth about $451,458,000. Baupost Group LLC MA purchased a new stake in Fidelity National Information Services in the 1st quarter worth about $260,853,000. Nuveen LLC purchased a new stake in Fidelity National Information Services in the 1st quarter worth about $187,514,000. Finally, Invesco Ltd. lifted its stake in Fidelity National Information Services by 22.9% in the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider's stock worth $694,824,000 after acquiring an additional 1,730,878 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Jeffrey A. Goldstein bought 844 shares of Fidelity National Information Services stock in a transaction dated Tuesday, April 15th. The stock was acquired at an average cost of $72.04 per share, with a total value of $60,801.76. Following the completion of the acquisition, the director now directly owns 11,942 shares in the company, valued at approximately $860,301.68. This trade represents a 7.60% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.20% of the company's stock.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th will be issued a $0.40 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.01%. Fidelity National Information Services's dividend payout ratio (DPR) is 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.