Fidelity National Information Services (NYSE:FIS) Given New $57.00 Price Target at Royal Bank Of Canada

Fidelity National Information Services (NYSE:FIS) had its target price reduced by Royal Bank Of Canada from $69.00 to $57.00 in a research note released on Friday,Fidelity reports. They currently have an outperform rating on the information technology services provider’s stock.

A number of other equities analysts have also recently weighed in on FIS. BNP Paribas Exane reduced their price objective on shares of Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating for the company in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Susquehanna lowered their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Wall Street Zen raised Fidelity National Information Services from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.10.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $43.51 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services has a 12-month low of $43.28 and a 12-month high of $82.74. The business’s 50 day moving average is $48.06 and its two-hundred day moving average is $57.04. The company has a market capitalization of $22.49 billion, a P/E ratio of 59.60, a P/E/G ratio of 0.46 and a beta of 0.82.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the business earned $1.21 earnings per share. The business’s revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts expect that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.0%. Fidelity National Information Services’s dividend payout ratio is 241.10%.

Insider Activity at Fidelity National Information Services

In related news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the transaction, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This represents a 7.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FIS. Salomon & Ludwin LLC boosted its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 194 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services during the third quarter worth about $29,000. LRI Investments LLC raised its stake in Fidelity National Information Services by 613.1% during the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares during the period. Raiffeisen Bank International AG acquired a new position in Fidelity National Information Services in the 3rd quarter valued at about $29,000. Finally, GoalVest Advisory LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Key Headlines Impacting Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.29 billion versus $3.28 billion expected. Management said Banking Solutions revenue surged 45%, margins expanded, and cash flow generation remained strong. Article FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: The company reiterated its full-year 2026 outlook and said it expects about $2.1 billion in free cash flow this year, with a longer-term goal of more than $3 billion by 2028 as it expands AI-driven offerings and partnerships. Article FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028 through Anthropic AI agents rollout
• Neutral Sentiment: FIS also reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, which is broadly in line with Wall Street expectations. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion
• Negative Sentiment: The stock may be under pressure because second-quarter EPS guidance of $1.45-$1.49 only meets or slightly trails consensus, leaving limited room for an upside surprise near term. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion

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.