Global Payments (GPN) Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Payments in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GPN shares.
View GPN analyst ratings or view top-rated stocks.

23 equities research analysts have issued 12 month price targets for Global Payments' shares. Their GPN share price forecasts range from $110.00 to $210.00. On average, they anticipate the company's stock price to reach $146.30 in the next year. This suggests a possible upside of 47.6% 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 decreased by 0.2% and is now trading at $99.13.
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Global Payments saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,750,000 shares, an increase of 22.5% from the April 30th total of 3,060,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.5% of the company's stock are sold short.
View Global Payments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our GPN earnings forecast.

Global Payments Inc. (NYSE:GPN) posted its quarterly earnings data on Monday, May, 1st. The business services provider reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $2.31 by $0.09. The business services provider had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.01 billion. Global Payments had a negative net margin of 1.58% and a positive trailing twelve-month return on equity of 10.67%. The business's revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.97 EPS.
Read the conference call transcript.

Global Payments announced a quarterly dividend on Monday, May 1st. Investors of record on Thursday, June 15th will be paid a dividend of $0.25 per share on Friday, June 30th. This represents a $1.00 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Wednesday, June 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), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Cultivar ETF (CVAR), Invesco S&P 500 Equal Weight Financials ETF (RYF), VanEck Morningstar SMID Moat ETF (SMOT) and Janus Henderson Short Duration Income ETF (VNLA).

Global Payments (NYSE:GPN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.00%.
Read our dividend analysis for GPN.

Shares of Global Payments split before market open on Tuesday, November 3rd 2015. The 2-1 split was announced on Wednesday, October 7th 2015. The newly created shares were issued 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 declared that its Board of Directors has initiated a share repurchase plan on Monday, August 1st 2022, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Global Payments updated its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $10.32-10.44 for the period, compared to the consensus earnings per share estimate of $10.31. The company issued revenue guidance of +7-8% yr/yr to $8.64-8.74 billion, compared to the consensus revenue estimate of $8.60 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.19%), Wellington Management Group LLP (5.42%), Price T Rowe Associates Inc. MD (4.53%), State Street Corp (4.13%), Synovus Financial Corp (3.14%) and Orbis Allan Gray Ltd (2.50%). 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, Kriss Cloninger III, M Troy Woods, Paul M Todd, Robert H B Baldwin Jr and William I Jacobs.
View institutional ownership trends.

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 $99.13.

Global Payments (NYSE:GPN) has a market capitalization of $25.97 billion and generates $9.11 billion in revenue each year. The business services provider earns $111.49 million in net income (profit) each year or ($0.47) 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.