Global Payments - GPN Stock Forecast, Price & News

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Payments in the last year. There are currently 8 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GPN shares.
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26 brokers have issued twelve-month price targets for Global Payments' stock. Their GPN share price forecasts range from $115.00 to $224.00. On average, they predict the company's stock price to reach $158.63 in the next twelve months. This suggests a possible upside of 60.5% from the stock's current price.
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Global Payments' stock was trading at $135.18 at the beginning of the year. Since then, GPN shares have decreased by 26.9% and is now trading at $98.81.
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Global Payments saw a drop in short interest in October. As of October 31st, there was short interest totaling 6,350,000 shares, a drop of 13.1% from the October 15th total of 7,310,000 shares. Based on an average daily volume of 2,270,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.4% 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 Thursday, February 9th 2023.
View our GPN earnings forecast.

Global Payments Inc. (NYSE:GPN) released its quarterly earnings results on Monday, October, 31st. The business services provider reported $2.37 earnings per share for the quarter, missing analysts' consensus estimates of $2.38 by $0.01. The business services provider earned $2.29 billion during the quarter, compared to analysts' expectations of $2.04 billion. Global Payments had a net margin of 0.79% and a trailing twelve-month return on equity of 9.85%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.00 EPS.
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Global Payments announced a quarterly dividend on Monday, October 31st. Stockholders of record on Friday, December 16th will be given a dividend of $0.25 per share on Friday, December 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Thursday, December 15th.
Read our dividend analysis for GPN.

Global Payments (NYSE:GPN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 454.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GPN will have a dividend payout ratio of 9.97% 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 the morning of Tuesday, November 3rd 2015. The 2-1 split was announced on Wednesday, October 7th 2015. The newly issued shares were issued to shareholders after the closing bell 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 has approved a stock repurchase program on Monday, August 1st 2022, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Global Payments issued an update on its FY 2022 earnings guidance on Monday, November, 7th. The company provided EPS guidance of $9.53-$9.75 for the period, compared to the consensus earnings per share estimate of $9.39. The company issued revenue guidance of $8.09 billion-$8.15 billion, compared to the consensus revenue estimate of $8.06 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 investors include Vanguard Group Inc. (8.58%), BlackRock Inc. (7.20%), Price T Rowe Associates Inc. MD (5.20%), State Street Corp (3.98%), Synovus Financial Corp (2.97%) and Boston Partners (1.83%). 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, Ruth Ann Marshall 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 $98.81.

Global Payments (NYSE:GPN) has a market capitalization of $26.72 billion and generates $8.52 billion in revenue each year. The business services provider earns $965.46 million in net income (profit) each year or $0.22 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.