Corpay (NYSE:CPAY) Releases FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 27.150-27.550 for the period, compared to the consensus estimate of 26.520. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion. Corpay also updated its Q3 2026 guidance to 7.050-7.250 EPS.

Corpay Stock Down 0.8%

Shares of Corpay stock traded down $3.24 during trading on Wednesday, hitting $393.28. 1,047,751 shares of the stock traded hands, compared to its average volume of 635,377. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The stock’s fifty day simple moving average is $355.38 and its 200 day simple moving average is $337.35. The firm has a market cap of $25.70 billion, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.05 and a beta of 0.87. Corpay has a 52-week low of $252.84 and a 52-week high of $405.95.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the firm earned $5.13 earnings per share. The firm’s revenue for the quarter was up 21.5% compared to the same quarter last year. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, equities analysts predict that Corpay will post 25.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CPAY shares. Wolfe Research restated an “outperform” rating and issued a $450.00 price target on shares of Corpay in a report on Wednesday, June 3rd. Oppenheimer reiterated an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research note on Friday, May 8th. Morgan Stanley lifted their price objective on shares of Corpay from $400.00 to $415.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Finally, Loop Capital started coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 target price for the company. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $383.69.

Insider Buying and Selling

In other Corpay news, Director Steven T. Stull sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total value of $360,780.00. Following the completion of the transaction, the director owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the transaction, the insider directly owned 11,274 shares of the company’s stock, valued at approximately $3,969,913.62. This represents a 86.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 88,677 shares of company stock worth $31,304,091 in the last 90 days. 5.19% of the stock is currently owned by company insiders.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. Corpay reported second-quarter EPS of $7.00, beating the $6.58 consensus estimate, while revenue of $1.34 billion topped expectations of $1.30 billion. Revenue increased 21%, and adjusted net income per share rose 36%, with organic revenue growth remaining in the double digits for the fifth consecutive quarter. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Management raised its earnings guidance. Full-year 2026 EPS guidance was set at $27.15-$27.55, above the $26.52 analyst consensus. Third-quarter EPS guidance of $7.05-$7.25 also exceeded the $6.96 consensus, while projected quarterly revenue of approximately $1.4 billion was above the $1.3 billion expectation. Corpay lifts annual forecasts
• Positive Sentiment: Corpay agreed to sell its non-core UK vehicle-payments businesses—epyx, r2c Online and Business Gateway—to OEConnection. The divestiture should allow Corpay to concentrate on its core corporate-payments operations and may simplify the business, although financial terms were not disclosed. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business
• Neutral Sentiment: Corpay Cross-Border was named the official foreign-exchange partner of the new Ultimate Sevens rugby championship. The agreement could increase brand visibility and support cross-border payments growth, but its near-term financial impact is unclear. Corpay Cross-Border named official FX partner

Institutional Trading of Corpay

Several large investors have recently added to or reduced their stakes in the company. BOKF NA increased its holdings in shares of Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after purchasing an additional 94 shares during the period. DV Equities LLC purchased a new position in shares of Corpay in the fourth quarter worth about $30,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in shares of Corpay by 78.6% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 125 shares of the corporate payments company’s stock worth $38,000 after purchasing an additional 55 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Corpay during the third quarter worth about $48,000. Finally, MUFG Securities EMEA plc purchased a new stake in Corpay in the second quarter valued at approximately $68,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

About Corpay

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.