Evertec (NYSE:EVTC) Releases FY 2026 Earnings Guidance

Evertec (NYSE:EVTC) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.840-3.960 for the period, compared to the consensus EPS estimate of 3.580. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $976.4 million.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EVTC shares. Morgan Stanley reduced their target price on Evertec from $34.00 to $29.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 12th. Zacks Research cut Evertec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Susquehanna decreased their price objective on Evertec from $37.00 to $32.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Keefe, Bruyette & Woods cut their target price on Evertec from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, November 10th. Finally, Wall Street Zen downgraded shares of Evertec from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Evertec has a consensus rating of “Hold” and an average price target of $35.80.

Evertec Stock Up 1.8%

EVTC traded up $0.45 during mid-day trading on Thursday, reaching $25.75. 837,122 shares of the stock were exchanged, compared to its average volume of 457,647. Evertec has a 1 year low of $24.95 and a 1 year high of $38.56. The company has a debt-to-equity ratio of 1.59, a quick ratio of 2.91 and a current ratio of 2.91. The stock has a market capitalization of $1.65 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.96 and a beta of 0.86. The company has a 50 day moving average price of $28.58 and a two-hundred day moving average price of $30.70.

Evertec (NYSE:EVTC) last announced its earnings results on Thursday, February 26th. The business services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $244.83 million for the quarter, compared to the consensus estimate of $236.83 million. Evertec had a return on equity of 34.79% and a net margin of 16.17%.Evertec has set its FY 2026 guidance at 3.840-3.960 EPS. As a group, research analysts anticipate that Evertec will post 2.63 EPS for the current year.

Evertec Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, March 2nd. Evertec’s dividend payout ratio is presently 8.89%.

Institutional Investors Weigh In On Evertec

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in shares of Evertec during the 4th quarter valued at about $31,000. Global Retirement Partners LLC lifted its holdings in shares of Evertec by 53.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after acquiring an additional 510 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of Evertec in the 3rd quarter valued at $52,000. Advisory Services Network LLC purchased a new stake in shares of Evertec in the 3rd quarter valued at $59,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Evertec by 2,751.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,996 shares of the business services provider’s stock valued at $72,000 after purchasing an additional 1,926 shares during the last quarter. 96.80% of the stock is owned by hedge funds and other institutional investors.

About Evertec

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.