Fidelity National Information Services (NYSE:FIS) Updates Q1 2025 Earnings Guidance

Fidelity National Information Services (NYSE:FIS - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.210-1.210 for the period, compared to the consensus estimate of 1.200. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Fidelity National Information Services also updated its FY 2025 guidance to 5.700-5.800 EPS.

Fidelity National Information Services Stock Up 8.7 %

Shares of NYSE:FIS traded up $5.99 during trading on Friday, hitting $74.63. The company's stock had a trading volume of 8,057,028 shares, compared to its average volume of 3,494,287. The stock's 50-day moving average price is $71.39 and its two-hundred day moving average price is $79.70. Fidelity National Information Services has a fifty-two week low of $66.51 and a fifty-two week high of $91.98. The company has a market capitalization of $39.53 billion, a PE ratio of 28.60, a PEG ratio of 1.23 and a beta of 1.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same quarter in the previous year, the business earned $0.94 EPS. As a group, sell-side analysts expect that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend was Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is currently 61.30%.

Analysts Set New Price Targets

A number of research firms have issued reports on FIS. Barclays cut their target price on Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Royal Bank of Canada lowered their price target on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company cut their target price on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. Robert W. Baird lifted their price target on Fidelity National Information Services from $80.00 to $82.00 and gave the stock a "neutral" rating in a research note on Friday, April 4th. Finally, Morgan Stanley decreased their target price on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of "Hold" and a consensus price target of $88.89.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 844 shares of the stock in a transaction dated Tuesday, April 15th. The shares were acquired at an average price of $72.04 per share, for a total transaction of $60,801.76. Following the completion of the purchase, the director now owns 11,942 shares in the company, valued at approximately $860,301.68. The trade was a 7.60 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Fidelity National Information Services stock. Brighton Jones LLC bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,300 shares of the information technology services provider's stock, valued at approximately $347,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.