Global Payments Company Profile (NYSE:GPN)

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

Global Payments announced a quarterly dividend on Thursday, May 4th. Investors of record on Friday, June 9th will be given a dividend of $0.0133 per share on Friday, June 23rd. This represents a $0.05 annualized dividend and a yield of 0.06%. The ex-dividend date is Wednesday, June 7th. This is a positive change from Global Payments's previous quarterly dividend of $0.01. View Global Payments' Dividend History.

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

Global Payments Inc. (NYSE:GPN) announced its quarterly earnings results on Thursday, May, 4th. The company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.10. The company had revenue of $919.76 million for the quarter, compared to the consensus estimate of $767.09 million. Global Payments had a return on equity of 17.38% and a net margin of 6.22%. The firm's quarterly revenue was up 46.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.64 EPS. View Global Payments' Earnings History.

Global Payments is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Global Payments.

Global Payments updated its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $3.78-3.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84. The company issued revenue guidance of $3.38-3.46 billion, compared to the consensus revenue estimate of $3.42 billion.

21 analysts have issued 1-year price objectives for Global Payments' shares. Their predictions range from $66.00 to $107.25. On average, they anticipate Global Payments' share price to reach $89.77 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' investment for future growth, efforts to further the Heartland integration and successfully refinancing its credit facilities bodes well for the long term. The company is witnessing sustained growth in business from Europe, Asia Pacific, and North America. Year to date, shares of the company have outperformed the Zacks categorized Business Service industry. Following the company’s strong first-quarter earnings,  progress with the Heartland integration as well as the recent refinancing, the company increased its outlook for 2017. The company’s high debt and exposure to currency volatility are other concerns." (7/21/2017)
• 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), Qiwi Plc (QIWI), Moneygram International (MGI), 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

Global Payments' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.37%), Value Holdings Management CO. LLC (0.14%), National Pension Service (0.11%), Chevy Chase Trust Holdings Inc. (0.09%), Nisa Investment Advisors LLC (0.07%) and Bank of Montreal Can (0.05%). Company insiders that own Global Payments stock include Alan M Silberstein, David E Mangum, David Lawrence Green, Gerald J Wilkins, Guido Francesco Sacchi, Jane Marie Elliott, Michael W Trapp, Robert H B Baldwin Jr, Ruth Ann Marshall and William I Jacobs. View Institutional Ownership Trends for Global Payments.

Global Payments' stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Russell Investments Group Ltd., NGAM Advisors L.P., APG Asset Management N.V., Strs Ohio, Exxonmobil Investment Management Inc. TX, State of Alaska Department of Revenue and First American Bank. Company insiders that have sold Global Payments stock in the last year include Alan M Silberstein, David E Mangum, David Lawrence Green, Guido Francesco Sacchi, Michael W Trapp, Robert H B Baldwin Jr, Ruth Ann Marshall and William I Jacobs. View Insider Buying and Selling for Global Payments.

Global Payments' stock was purchased by a variety of institutional investors in the last quarter, including Dixon Hubard Feinour & Brown Inc. VA, Congress Asset Management Co. MA, Value Holdings Management CO. LLC, Mn Services Vermogensbeheer B.V., National Pension Service, Bank of Montreal Can, Aperio Group LLC and Copper Rock Capital Partners LLC. View Insider Buying and Selling for Global Payments.

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 $95.30.