Global Payments (GPN) Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Payments in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GPN shares.
View GPN analyst ratings or view top-rated stocks.

25 Wall Street research analysts have issued 12-month price objectives for Global Payments' stock. Their GPN share price forecasts range from $105.00 to $211.00. On average, they expect the company's stock price to reach $147.23 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for GPN or view top-rated stocks among Wall Street analysts.

Global Payments' stock was trading at $99.32 at the beginning of 2023. Since then, GPN shares have increased by 20.0% and is now trading at $119.16.
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Global Payments saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,690,000 shares, an increase of 13.0% from the August 15th total of 4,150,000 shares. Based on an average daily volume of 2,100,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.8% of the shares of the stock are short sold.
View Global Payments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our GPN earnings forecast.

Global Payments Inc. (NYSE:GPN) announced its earnings results on Tuesday, August, 1st. The business services provider reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.19. The business services provider earned $2.45 billion during the quarter, compared to analysts' expectations of $2.19 billion. Global Payments had a net margin of 8.65% and a trailing twelve-month return on equity of 10.98%. The firm's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.23 EPS.
Read the conference call transcript.

Global Payments announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Friday, September 15th will be given a dividend of $0.25 per share on Friday, September 29th. This represents a $1.00 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for GPN.

ETFs with the largest weight of Global Payments (NYSE:GPN) stock in their portfolio include BlackRock Future Financial and Technology ETF (BPAY), Global X FinTech Thematic ETF (FINX), ETFMG Prime Mobile Payments ETF (IPAY), Janus Henderson Short Duration Income ETF (VNLA), Cultivar ETF (CVAR), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Invesco S&P 500 Equal Weight Financials ETF (RYF).

Global Payments (NYSE:GPN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPN will have a dividend payout ratio of 8.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPN.

Shares of Global Payments split on Tuesday, November 3rd 2015. The 2-1 split was announced on Wednesday, October 7th 2015. The newly issued shares were distributed to shareholders after the market closes on Monday, November 2nd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Global Payments announced that its Board of Directors has authorized a stock repurchase program on Monday, August 1st 2022, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Global Payments issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $10.35-$10.44 for the period, compared to the consensus estimate of $10.34. The company issued revenue guidance of $8.66 billion-$8.73 billion, compared to the consensus revenue estimate of $8.67 billion.

163 employees have rated Global Payments Chief Executive Officer Jeffrey S. Sloan on Glassdoor.com. Jeffrey S. Sloan has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Payments investors own include NVIDIA (NVDA), Mastercard (MA), Alibaba Group (BABA), Visa (V), Boeing (BA), Salesforce (CRM), Adobe (ADBE), Walt Disney (DIS), QUALCOMM (QCOM) and Intel (INTC).

Global Payments trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPN."

Global Payments' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.07%), State Street Corp (4.14%), Synovus Financial Corp (3.16%), Geode Capital Management LLC (2.12%), Franklin Resources Inc. (1.90%) and Boston Partners (1.41%). Insiders that own company stock include Connie D Mcdaniel, David Lawrence Green, David M Sheffield, Guido Francesco Sacchi, Jeffrey Steven Sloan, John Thompson Turner, Joia M Johnson, Joshua J Whipple, Kriss Cloninger III, M Troy Woods, Paul M Todd, Robert H B Baldwin Jr and William I Jacobs.
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Shares of GPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GPN stock can currently be purchased for approximately $119.16.

Global Payments (NYSE:GPN) has a market capitalization of $30.98 billion and generates $8.98 billion in revenue each year. The business services provider earns $111.49 million in net income (profit) each year or $3.00 on an earnings per share basis.

The company employs 25,000 workers across the globe.

Global Payments' mailing address is 3550 LENOX ROAD, ATLANTA GA, 30326. The official website for the company is www.globalpaymentsinc.com. The business services provider can be reached via phone at (770) 829-8000, via email at investor.relations@globalpay.com, or via fax at 770-829-8267.