Global Payments Inc. (NYSE:GPN) Receives $91.52 Consensus PT from Analysts

Shares of Global Payments Inc. (NYSE:GPN) have received a consensus recommendation of “Hold” from the twenty-five analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, sixteen have issued a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $91.3636.

GPN has been the subject of several recent research reports. Stephens decreased their price target on shares of Global Payments from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Friday, January 16th. Cantor Fitzgerald reiterated a “neutral” rating and set a $88.00 price target (up from $80.00) on shares of Global Payments in a report on Monday, February 23rd. Truist Financial set a $85.00 price objective on shares of Global Payments in a research note on Tuesday, January 20th. Royal Bank Of Canada restated a “sector perform” rating and issued a $97.00 price objective (up from $95.00) on shares of Global Payments in a report on Thursday, February 19th. Finally, Raymond James Financial raised Global Payments to a “moderate buy” rating in a research report on Wednesday, February 18th.

Global Payments Stock Performance

Shares of GPN stock opened at $73.68 on Friday. The firm has a market capitalization of $20.62 billion, a price-to-earnings ratio of 12.73, a PEG ratio of 0.41 and a beta of 0.73. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average price is $75.10 and its 200-day moving average price is $79.75. Global Payments has a 12 month low of $65.93 and a 12 month high of $100.56.

Global Payments (NYSE:GPN) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.02. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The firm’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities research analysts forecast that Global Payments will post 11.89 EPS for the current year.

Global Payments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 9th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Global Payments’s dividend payout ratio is presently 17.27%.

Insider Transactions at Global Payments

In related news, Director Robert H. B. Baldwin, Jr. acquired 10,392 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were bought at an average cost of $81.42 per share, with a total value of $846,116.64. Following the completion of the purchase, the director directly owned 59,303 shares in the company, valued at $4,828,450.26. The trade was a 21.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP David M. Sheffield sold 2,016 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $81.41, for a total value of $164,122.56. Following the completion of the sale, the executive vice president owned 14,438 shares in the company, valued at $1,175,397.58. The trade was a 12.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.01% of the stock is owned by company insiders.

Institutional Investors Weigh In On Global Payments

Institutional investors have recently modified their holdings of the company. North Star Investment Management Corp. raised its stake in Global Payments by 242.2% during the third quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock worth $26,000 after buying an additional 218 shares during the last quarter. Root Financial Partners LLC bought a new stake in Global Payments during the third quarter valued at $27,000. Strive Financial Group LLC bought a new stake in Global Payments during the fourth quarter valued at $25,000. REAP Financial Group LLC acquired a new stake in Global Payments during the 3rd quarter worth about $28,000. Finally, DV Equities LLC acquired a new stake in Global Payments during the 4th quarter worth about $26,000. 89.76% of the stock is owned by institutional investors.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.