Evertec (NYSE:EVTC – Get Free Report) 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.
Analyst Ratings Changes
EVTC has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Evertec from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. Susquehanna decreased their price target on Evertec from $37.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Morgan Stanley lowered their price target on Evertec from $34.00 to $29.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 12th. Keefe, Bruyette & Woods dropped their price objective on Evertec from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, November 10th. Finally, Zacks Research lowered Evertec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $35.80.
Check Out Our Latest Stock Report on EVTC
Evertec Stock Up 1.8%
Evertec (NYSE:EVTC – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.02. The business had revenue of $244.83 million for the quarter, compared to analysts’ expectations 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 expect that Evertec will post 2.63 EPS for the current fiscal year.
Evertec Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Monday, March 2nd will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 2nd. Evertec’s dividend payout ratio (DPR) is presently 8.89%.
Institutional Trading of Evertec
Several hedge funds have recently added to or reduced their stakes in EVTC. Kestra Advisory Services LLC purchased a new stake in Evertec in the fourth quarter valued at $31,000. Global Retirement Partners LLC increased its position in shares of Evertec by 53.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after purchasing an additional 510 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Evertec during the third quarter worth about $52,000. Advisory Services Network LLC purchased a new stake in shares of Evertec in the 3rd quarter valued at about $59,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Evertec by 2,751.4% in 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 period. Institutional investors and hedge funds own 96.80% of the company’s stock.
Evertec Company Profile
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.
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