Equities research analysts expect that Fidelity National Information Services, Inc. (NYSE:FIS) will announce earnings per share of $1.54 for the current quarter, Zacks Investment Research reports. Ten analysts have issued estimates for Fidelity National Information Services’ earnings, with the highest EPS estimate coming in at $1.57 and the lowest estimate coming in at $1.50. Fidelity National Information Services reported earnings per share of $1.15 in the same quarter last year, which suggests a positive year over year growth rate of 33.9%. The business is scheduled to report its next quarterly earnings results on Tuesday, August 3rd.
According to Zacks, analysts expect that Fidelity National Information Services will report full-year earnings of $6.47 per share for the current fiscal year, with EPS estimates ranging from $6.32 to $6.57. For the next financial year, analysts anticipate that the business will post earnings of $7.48 per share, with EPS estimates ranging from $7.21 to $7.86. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Fidelity National Information Services.
Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Thursday, May 6th. The information technology services provider reported $1.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.05. The company had revenue of $3.22 billion for the quarter, compared to analyst estimates of $3.16 billion. Fidelity National Information Services had a negative net margin of 1.82% and a positive return on equity of 7.01%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business earned $1.28 earnings per share.
FIS stock traded up $0.25 during midday trading on Thursday, hitting $145.38. 2,716,022 shares of the stock traded hands, compared to its average volume of 3,566,550. The firm has a market capitalization of $90.15 billion, a price-to-earnings ratio of -381.91, a P/E/G ratio of 1.22 and a beta of 0.85. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 0.81. The company’s fifty day moving average is $149.51. Fidelity National Information Services has a 1-year low of $120.17 and a 1-year high of $156.73.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 25th. Shareholders of record on Friday, June 11th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, June 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 28.57%.
In other news, EVP Marc M. Mayo sold 27,409 shares of the business’s stock in a transaction that occurred on Thursday, April 8th. The shares were sold at an average price of $150.00, for a total value of $4,111,350.00. Following the sale, the executive vice president now directly owns 57,889 shares of the company’s stock, valued at approximately $8,683,350. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James B. Stallings, Jr. sold 17,800 shares of the business’s stock in a transaction that occurred on Wednesday, June 9th. The shares were sold at an average price of $144.95, for a total transaction of $2,580,110.00. Following the completion of the sale, the director now directly owns 18,805 shares in the company, valued at $2,725,784.75. The disclosure for this sale can be found here. 0.65% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in FIS. Vantage Consulting Group Inc purchased a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $25,000. Fieldpoint Private Securities LLC acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $27,000. Concord Wealth Partners acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $27,000. Curi Capital acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $28,000. Finally, Emerson Wealth Management LLC acquired a new position in shares of Fidelity National Information Services in the first quarter valued at approximately $31,000. 89.02% of the stock is currently owned by institutional investors and hedge funds.
Fidelity National Information Services Company Profile
Fidelity National Information Services, Inc provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers merchant acquiring, integrated payment, and global e-commerce solutions.
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