NYSE:CPAY Corpay (CPAY) Stock Price, News & Analysis $307.21 -5.57 (-1.78%) (As of 09/20/2024 08:54 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Corpay Stock (NYSE:CPAY) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$305.23▼$312.3250-Day Range$265.86▼$315.5552-Week Range$220.39▼$319.94Volume888,600 shsAverage Volume465,184 shsMarket Capitalization$21.59 billionP/E Ratio22.86Dividend YieldN/APrice Target$334.58Consensus RatingModerate Buy Company OverviewCorpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.Read More… Elon’s solution (some don’t like it) (Ad)One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?Watch my new exposé and find out. Corpay Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 67th PercentileCorpay scored higher than 67% of companies evaluated by MarketBeat, and ranked 123rd out of 339 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingCorpay has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCorpay has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Corpay's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth16.06% Earnings GrowthEarnings for Corpay are expected to grow by 16.06% in the coming year, from $17.81 to $20.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corpay is 22.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Corpay is 22.86, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 39.70.Price to Earnings Growth RatioCorpay has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCorpay has a P/B Ratio of 6.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Corpay's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted3.34% of the float of Corpay has been sold short.Short Interest Ratio / Days to CoverCorpay has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Corpay has recently increased by 13.13%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldCorpay does not currently pay a dividend.Dividend GrowthCorpay does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.34% of the float of Corpay has been sold short.Short Interest Ratio / Days to CoverCorpay has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Corpay has recently increased by 13.13%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.13 News SentimentCorpay has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Corpay this week, compared to 6 articles on an average week.Search Interest2 people have searched for CPAY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Corpay insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.10% of the stock of Corpay is held by insiders.Percentage Held by Institutions98.84% of the stock of Corpay is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Corpay's insider trading history. CPAY Stock News HeadlinesKlotho Neurosciences Inc.September 20 at 2:09 AM | money.usnews.comCorpay Named to the TIME World’s Best Companies 2024 RankingsSeptember 19, 2024 | finance.yahoo.comElon’s solution (some don’t like it)One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?September 23, 2024 | Porter & Company (Ad)Corpay Named to the TIME World's Best Companies 2024 RankingsSeptember 19, 2024 | businesswire.comStrong Growth and Re-rating Potential Justify Buy Rating for Corpay Inc.September 19, 2024 | markets.businessinsider.comCorpay (NYSE:CPAY) Given New $375.00 Price Target at Jefferies Financial GroupSeptember 19, 2024 | americanbankingnews.comShort Interest in Corpay, Inc. (NYSE:CPAY) Expands By 13.1%September 18, 2024 | americanbankingnews.comGalaxy Payroll Group LtdSeptember 15, 2024 | money.usnews.comSee More Headlines CPAY Stock Analysis - Frequently Asked Questions How have CPAY shares performed this year? Corpay's stock was trading at $304.26 at the beginning of the year. Since then, CPAY stock has increased by 1.0% and is now trading at $307.21. View the best growth stocks for 2024 here. How were Corpay's earnings last quarter? Corpay, Inc. (NYSE:CPAY) issued its quarterly earnings data on Wednesday, August, 7th. The company reported $4.55 earnings per share for the quarter, topping analysts' consensus estimates of $4.51 by $0.04. The firm's revenue for the quarter was up 2.9% on a year-over-year basis. Who are Corpay's major shareholders? Corpay's top institutional investors include Mawer Investment Management Ltd. (1.68%), Dimensional Fund Advisors LP (1.02%), Bank of New York Mellon Corp (0.62%) and American Century Companies Inc. (0.57%). View institutional ownership trends. How do I buy shares of Corpay? Shares of CPAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings8/07/2024Today9/22/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNYSE:CPAY Previous SymbolNYSE:CPAY CUSIPN/A CIK1175454 Webwww.fleetcor.com Phone770-449-0479Fax770-449-3471Employees10,500Year FoundedN/APrice Target and Rating Average Stock Price Target$334.58 High Stock Price Target$376.00 Low Stock Price Target$285.00 Potential Upside/Downside+8.9%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$13.44 Trailing P/E Ratio22.86 Forward P/E Ratio17.25 P/E Growth1.22Net Income$981.89 million Net Margins26.41% Pretax Margin35.17% Return on Equity38.93% Return on Assets7.69% Debt Debt-to-Equity Ratio1.74 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$3.82 billion Price / Sales5.65 Cash Flow$21.03 per share Price / Cash Flow14.61 Book Value$45.46 per share Price / Book6.76Miscellaneous Outstanding Shares70,269,000Free Float65,983,000Market Cap$21.59 billion OptionableOptionable Beta1.22 This page (NYSE:CPAY) was last updated on 9/23/2024 by MarketBeat.com Staff From Our PartnersThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... There's one thin...Investors Alley | SponsoredHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but i...DealMaker | Sponsored[SHOCKING] Crypto Document Leak…A shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move ...Crypto 101 Media | SponsoredSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's...Chaikin Analytics | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | Sponsored625,000% GainThe recent pullback in the crypto markets has left many investors in full-on panic mode, convinced the bull ru...Crypto Swap Profits | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding Corpay, Inc. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Share Corpay With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.