Global Payments (GPN) Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Global Payments in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GPN shares.
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25 brokers have issued 12 month price targets for Global Payments' stock. Their GPN share price forecasts range from $105.00 to $211.00. On average, they predict the company's share price to reach $147.23 in the next year. This suggests a possible upside of 23.1% from the stock's current price.
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Global Payments' stock was trading at $99.32 at the beginning of 2023. Since then, GPN stock has increased by 20.4% and is now trading at $119.56.
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Global Payments saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,690,000 shares, an increase of 13.0% from the August 15th total of 4,150,000 shares. Based on an average trading volume of 2,100,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.8% of the company's shares are short sold.
View Global Payments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our GPN earnings forecast.

Global Payments Inc. (NYSE:GPN) issued its quarterly earnings results on Tuesday, August, 1st. The business services provider reported $2.62 earnings per share for the quarter, topping analysts' consensus estimates of $2.43 by $0.19. The business services provider earned $2.45 billion during the quarter, compared to analyst estimates of $2.19 billion. Global Payments had a trailing twelve-month return on equity of 10.98% and a net margin of 8.65%. Global Payments's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.23 earnings per share.
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Global Payments declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Friday, September 15th will be paid a dividend of $0.25 per share on Friday, September 29th. This represents a $1.00 annualized dividend and a yield of 0.84%. The ex-dividend date is Thursday, September 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), Janus Henderson Short Duration Income ETF (VNLA), Cultivar ETF (CVAR), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Invesco S&P 500 Equal Weight Financials ETF (RYF).

Global Payments (NYSE:GPN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPN will have a dividend payout ratio of 8.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPN.

Global Payments shares 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 payable 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 initiated a stock repurchase program on Monday, August 1st 2022, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its shares are undervalued.

Global Payments updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $10.35-$10.44 for the period, compared to the consensus earnings per share estimate of $10.34. The company issued revenue guidance of $8.66 billion-$8.73 billion, compared to the consensus revenue estimate of $8.67 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.07%), State Street Corp (4.14%), Synovus Financial Corp (3.16%), Geode Capital Management LLC (2.12%), Franklin Resources Inc. (1.90%) and Boston Partners (1.41%). 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, Joshua J Whipple, Kriss Cloninger III, M Troy Woods, Paul M Todd, Robert H B Baldwin Jr and William I Jacobs.
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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 $119.56.

Global Payments (NYSE:GPN) has a market capitalization of $31.08 billion and generates $9.28 billion in revenue each year. The business services provider earns $111.49 million in net income (profit) each year or $3.00 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.