Seaport Res Ptn Issues Pessimistic Outlook for FIS Earnings

Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) - Equities research analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share estimates for shares of Fidelity National Information Services in a research report issued to clients and investors on Tuesday, February 11th. Seaport Res Ptn analyst J. Cantwell now forecasts that the information technology services provider will earn $1.18 per share for the quarter, down from their prior estimate of $1.37. The consensus estimate for Fidelity National Information Services' current full-year earnings is $5.18 per share. Seaport Res Ptn also issued estimates for Fidelity National Information Services' Q3 2025 earnings at $1.56 EPS, FY2025 earnings at $5.74 EPS, Q1 2026 earnings at $1.35 EPS, Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.71 EPS, Q4 2026 earnings at $1.82 EPS and FY2026 earnings at $6.38 EPS.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. During the same quarter in the previous year, the firm posted $0.94 earnings per share.

Several other brokerages have also recently weighed in on FIS. TD Cowen raised their price objective on Fidelity National Information Services from $78.00 to $86.00 and gave the company a "hold" rating in a report on Tuesday, November 5th. Susquehanna cut Fidelity National Information Services from a "positive" rating to a "neutral" rating and decreased their price objective for the company from $103.00 to $81.00 in a report on Wednesday, February 12th. Royal Bank of Canada decreased their price objective on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Mizuho raised their price objective on Fidelity National Information Services from $91.00 to $104.00 and gave the company an "outperform" rating in a report on Tuesday, November 5th. Finally, Robert W. Baird raised their price objective on Fidelity National Information Services from $92.00 to $94.00 and gave the company a "neutral" rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $87.36.

Fidelity National Information Services Stock Up 0.9 %

Shares of NYSE FIS traded up $0.63 during mid-day trading on Friday, hitting $69.61. The company had a trading volume of 4,554,117 shares, compared to its average volume of 3,434,114. The company has a market capitalization of $37.48 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 0.63 and a beta of 1.04. The firm has a 50-day simple moving average of $79.90 and a two-hundred day simple moving average of $82.77. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. Fidelity National Information Services has a one year low of $62.17 and a one year high of $91.98.

Institutional Investors Weigh In On Fidelity National Information Services

A number of hedge funds and other institutional investors have recently made changes to their positions in FIS. Norges Bank acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $635,202,000. Raymond James Financial Inc. bought a new position in Fidelity National Information Services in the fourth quarter valued at approximately $451,458,000. Raymond James & Associates increased its stake in Fidelity National Information Services by 449.8% in the third quarter. Raymond James & Associates now owns 4,103,793 shares of the information technology services provider's stock valued at $343,693,000 after acquiring an additional 3,357,329 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Fidelity National Information Services by 100.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,231,856 shares of the information technology services provider's stock valued at $261,037,000 after acquiring an additional 1,616,146 shares during the last quarter. Finally, KBC Group NV increased its stake in Fidelity National Information Services by 1,390.5% in the fourth quarter. KBC Group NV now owns 1,180,258 shares of the information technology services provider's stock valued at $95,330,000 after acquiring an additional 1,101,072 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 701 shares of the company's stock in a transaction dated Wednesday, January 15th. The stock was bought at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the transaction, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.20% of the company's stock.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.30%. Fidelity National Information Services's dividend payout ratio (DPR) is 57.37%.

Fidelity National Information Services Company Profile

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.