Fidelity National Information Services, Inc. (NYSE:FIS) Receives $55.39 Average Target Price from Analysts

Fidelity National Information Services, Inc. (NYSE:FIS) has been given an average rating of “Hold” by the twenty-three brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $53.9565.

A number of research analysts recently issued reports on the company. Truist Financial dropped their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. TD Cowen decreased their price objective on Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday. The Goldman Sachs Group lowered their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, Oppenheimer cut their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th.

Institutional Investors Weigh In On Fidelity National Information Services

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in Fidelity National Information Services during the 4th quarter valued at approximately $347,000. Geneos Wealth Management Inc. grew its stake in shares of Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Fidelity National Information Services in the 2nd quarter valued at approximately $302,000. Marshall Wace LLP acquired a new position in shares of Fidelity National Information Services in the second quarter valued at approximately $4,896,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Fidelity National Information Services by 20.5% in the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after purchasing an additional 901 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $40.53 on Tuesday. The company has a market capitalization of $20.95 billion, a price-to-earnings ratio of 6.23, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. Fidelity National Information Services has a 52-week low of $37.42 and a 52-week high of $70.38. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The stock has a 50 day moving average price of $41.57 and a 200 day moving average price of $44.42.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter last year, the company earned $1.36 earnings per share. The firm’s revenue for the quarter was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Research analysts predict that Fidelity National Information Services will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.