Global Payments Company Profile (NYSE:GPN)

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

Global Payments declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.01 per share on Friday, September 29th. This represents a $0.04 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Thursday, September 14th. View Global Payments' Dividend History.

Global Payments shares split on the morning of 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 Global Payments stock prior to the split would have 200 shares after the split.

Global Payments announced that its Board of Directors has initiated a stock buyback plan on Monday, April 10th 2017, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Global Payments Inc. (NYSE:GPN) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.07. The company had revenue of $847.90 million for the quarter, compared to the consensus estimate of $837.76 million. Global Payments had a return on equity of 18.32% and a net margin of 6.65%. The company's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 EPS. View Global Payments' Earnings History.

Global Payments is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Global Payments.

Global Payments issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $3.85-4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.92. The company issued revenue guidance of $3.400-3.475 million, compared to the consensus revenue estimate of $3.44 billion.

25 analysts have issued twelve-month target prices for Global Payments' shares. Their predictions range from $79.00 to $116.00. On average, they anticipate Global Payments' share price to reach $99.93 in the next year. View Analyst Ratings for Global Payments.

Here are some recent quotes from research analysts about Global Payments stock:

• 1. According to Zacks Investment Research, "Global Payments' shares have outperformed its industry year to date. The company’s investment in future growth, efforts to progress with the Heartland integration and successfully refinancing its credit facilities bode well for the long term. The company is witnessing sustained growth in business from Europe, Asia Pacific and North America. Following the company’s strong second-quarter earnings, Heartland integration as well as the recent refinancing, the company raised its projections for 2017. Nevertheless, the company suffers from high debt and exposure to currency volatility." (10/11/2017)
• 2. Cantor Fitzgerald analysts commented, "Foresi’s Take. Global Payments reported quarterly top-line results above expectations and raised its 2017 guidance on the outperformance. A strong performance in North America was attributed to strength in U.S. sales, Heartland integration, and a solid performance in Canada. Management noted that legacy and Heartland growth rates were both up 100bps." (5/8/2017)
• 3. Piper Jaffray Companies analysts commented, "We are publishing our updated GPN model following GPN's recent release of its historical quarterly financials for calendar 2016 (GPN recently switched its fiscal-year end from May to December). Our full-year calendar 2017 revenue and EPS estimates remain the same. However, now that we have the calendar 2016 quarterly results for comparison, we adjusted the cadence of our 2017 quarterly estimates to reflect our expectation for greater margin expansion in the 2H17 than the 1H17 (HPY technology migration planned midyear). Also, we factor in greater seasonality and FX headwinds in the 1H17 vs. the 2H17." (3/21/2017)

Some companies that are related to Global Payments include Fiserv (FISV), First Data Corporation (FDC), FleetCor Technologies (FLT), Western Union Company (The) (WU), Worldpay Group PLC (WPG), WEX (WEX), Euronet Worldwide (EEFT), Paysafe Group Plc (PAYS), Moneygram International (MGI), QIWI PLC (QIWI), Paypoint plc (PAY), Net 1 UEPS Technologies (UEPS), SafeCharge International Group Ltd (SCH), Newtek Business Services Corp. (NEWT), Planet Payment (PLPM), Earthport plc (EPO), CardConnect Corp (CCN) and Heartland Payment Systems (HPY).

Global Payments' management team includes the folowing people:

• William I. Jacobs, Independent Chairman of the Board
• David E. Mangum, President, Chief Operating Officer
• Jeffrey Steven Sloan, Chief Executive Officer, Director
• Cameron M. Bready CPA, Chief Financial Officer, Senior Executive Vice President
• Jane M. Elliott, Executive Vice President, Chief of Staff
• David M. Sheffield, Senior Vice President, Chief Accounting Officer
• Guido F. Sacchi, Executive Vice President, Chief Information Officer
• David L. Green, Executive Vice President, General Counsel, Corporate Secretary
• Robert H. B. Baldwin Jr., Director
• William B. Plummer, Director

Shares of Global Payments can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Global Payments stock can currently be purchased for approximately $96.87.