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, August 3rd. Stockholders 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 dividend yield of 0.04%. The ex-dividend date is Thursday, September 14th. View Global Payments' Dividend History.

Global Payments shares split on Tuesday, November 3rd 2015. The 2-1 split was announced on Wednesday, October 7th 2015. The newly minted shares were distributed 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 has initiated a stock repurchase program on Monday, April 10th 2017, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Global Payments Inc. (NYSE:GPN) announced its earnings results on Thursday, August, 3rd. The company reported $0.94 EPS for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.07. The company had revenue of $847.90 million for the quarter, compared to analyst estimates of $837.76 million. Global Payments had a return on equity of 18.32% and a net margin of 6.65%. The business's revenue was up 18.4% on a year-over-year basis. During the same period last year, the firm posted $0.76 earnings per share. View Global Payments' Earnings History.

Global Payments updated 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.

21 equities research analysts have issued twelve-month price targets for Global Payments' shares. Their predictions range from $79.00 to $110.00. On average, they expect Global Payments' share price to reach $94.26 in the next twelve months. 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), The Western Union Company (WU), Worldpay Group PLC (WPG), Euronet Worldwide (EEFT), WEX (WEX), 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.98%), FMR LLC (9.21%), BlackRock Inc. (8.36%), Artisan Partners Limited Partnership (4.14%), State Street Corp (3.85%) and TimesSquare Capital Management LLC (2.20%). Company insiders that own Global Payments stock include Alan M Silberstein, David E Mangum, David Lawrence Green, Gerald J Wilkins, Guido Francesco Sacchi, 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 FMR LLC, BlackRock Inc., Balyasny Asset Management LLC, Vaughan Nelson Investment Management L.P., TimesSquare Capital Management LLC, Jennison Associates LLC, Wells Fargo & Company MN and Artisan Partners Limited Partnership. Company insiders that have sold Global Payments stock in the last year include Alan M Silberstein, David E Mangum, 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 bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, JPMorgan Chase & Co., Capital International Investors, Capital Guardian Trust Co., Vanguard Group Inc., Junto Capital Management LP, Renaissance Technologies LLC and Marshall Wace North America L.P.. 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 $95.85.