Evertec (NYSE:EVTC) Issues FY 2026 Earnings Guidance

Evertec (NYSE:EVTC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.860-3.980 for the period, compared to the consensus earnings per share estimate of 3.810. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion.

Wall Street Analysts Forecast Growth

EVTC has been the subject of several analyst reports. Zacks Research downgraded Evertec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Evertec in a research report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Evertec from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Evertec currently has an average rating of “Hold” and an average target price of $35.80.

Evertec Stock Performance

Shares of NYSE EVTC traded down $0.23 during mid-day trading on Wednesday, reaching $28.15. 321,797 shares of the company’s stock were exchanged, compared to its average volume of 431,237. The firm has a 50-day moving average price of $28.62 and a two-hundred day moving average price of $28.87. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 1.11 and a beta of 0.80. Evertec has a 52 week low of $24.95 and a 52 week high of $38.56.

Evertec (NYSE:EVTC) last posted its quarterly earnings results on Wednesday, May 6th. The business services provider reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). Evertec had a net margin of 15.19% and a return on equity of 33.27%. The company had revenue of $247.92 million for the quarter, compared to the consensus estimate of $248.99 million. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. Analysts predict that Evertec will post 3.4 EPS for the current year.

Evertec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, May 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. Evertec’s dividend payout ratio (DPR) is presently 9.13%.

Hedge Funds Weigh In On Evertec

Institutional investors and hedge funds have recently bought and sold shares of the company. Vident Advisory LLC increased its position in Evertec by 10.6% in the fourth quarter. Vident Advisory LLC now owns 22,337 shares of the business services provider’s stock worth $650,000 after buying an additional 2,136 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in shares of Evertec by 57.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 47,594 shares of the business services provider’s stock valued at $1,428,000 after buying an additional 17,407 shares during the last quarter. Mackenzie Financial Corp purchased a new position in shares of Evertec during the 4th quarter valued at $351,000. XTX Topco Ltd bought a new position in shares of Evertec during the 4th quarter worth $878,000. Finally, Voloridge Investment Management LLC grew its stake in shares of Evertec by 151.5% during the 4th quarter. Voloridge Investment Management LLC now owns 285,693 shares of the business services provider’s stock worth $8,311,000 after acquiring an additional 172,101 shares during the period. 96.80% of the stock is owned by institutional investors.

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.