Brokerages expect Fidelity National Information Services, Inc. (NYSE:FIS) to report $1.07 earnings per share for the current fiscal quarter, according to Zacks. Eleven analysts have made estimates for Fidelity National Information Services’ earnings. The highest EPS estimate is $1.13 and the lowest is $1.04. Fidelity National Information Services posted earnings of $1.00 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 7%. The firm is scheduled to issue its next earnings report on Tuesday, November 7th.

On average, analysts expect that Fidelity National Information Services will report full-year earnings of $4.27 per share for the current financial year, with EPS estimates ranging from $4.24 to $4.29. For the next year, analysts expect that the business will post earnings of $4.84 per share, with EPS estimates ranging from $4.72 to $4.95. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Fidelity National Information Services.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.05. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Fidelity National Information Services had a return on equity of 13.49% and a net margin of 7.08%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.90 earnings per share.

A number of equities research analysts have issued reports on FIS shares. Zacks Investment Research cut shares of Fidelity National Information Services from a “hold” rating to a “sell” rating in a report on Tuesday, April 11th. Credit Suisse Group reissued a “buy” rating and set a $88.00 target price on shares of Fidelity National Information Services in a report on Thursday, April 27th. Cantor Fitzgerald reissued a “buy” rating and set a $89.00 target price on shares of Fidelity National Information Services in a report on Tuesday, May 2nd. Compass Point cut shares of Fidelity National Information Services from a “buy” rating to a “neutral” rating and lowered their target price for the company from $86.00 to $83.00 in a report on Wednesday, May 3rd. Finally, Deutsche Bank AG reissued a “hold” rating and set a $89.00 target price (up previously from $80.00) on shares of Fidelity National Information Services in a report on Wednesday, May 3rd. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $92.20.

Shares of Fidelity National Information Services (FIS) traded down 0.62% during midday trading on Tuesday, reaching $89.99. The company had a trading volume of 953,663 shares. Fidelity National Information Services has a one year low of $73.25 and a one year high of $92.78. The company has a 50 day moving average price of $87.99 and a 200-day moving average price of $83.57. The firm has a market capitalization of $29.70 billion, a P/E ratio of 45.11 and a beta of 0.84.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.29%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 58.00%.

Fidelity National Information Services declared that its board has approved a share repurchase plan on Wednesday, August 2nd that permits the company to buyback $4.00 billion in shares. This buyback authorization permits the information technology services provider to repurchase up to 13.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

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In related news, Director James B. Stallings, Jr. sold 1,000 shares of the company’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $85.39, for a total value of $85,390.00. Following the completion of the transaction, the director now directly owns 14,498 shares in the company, valued at $1,237,984.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James B. Stallings, Jr. sold 2,181 shares of the company’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $90.32, for a total transaction of $196,987.92. Following the completion of the transaction, the director now owns 12,317 shares of the company’s stock, valued at $1,112,471.44. The disclosure for this sale can be found here. Insiders have sold a total of 231,970 shares of company stock valued at $19,311,228 over the last 90 days. Company insiders own 2.66% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in FIS. Financial Architects Inc raised its position in shares of Fidelity National Information Services by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 9 shares during the period. Guardian Life Insurance Co. of America raised its position in shares of Fidelity National Information Services by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 9 shares during the period. Huntington National Bank raised its position in shares of Fidelity National Information Services by 1.0% in the first quarter. Huntington National Bank now owns 1,950 shares of the information technology services provider’s stock valued at $155,000 after buying an additional 20 shares during the period. Private Trust Co. NA raised its position in shares of Fidelity National Information Services by 0.4% in the second quarter. Private Trust Co. NA now owns 4,986 shares of the information technology services provider’s stock valued at $425,000 after buying an additional 20 shares during the period. Finally, Ronald Blue & Co. LLC raised its position in shares of Fidelity National Information Services by 0.9% in the first quarter. Ronald Blue & Co. LLC now owns 4,188 shares of the information technology services provider’s stock valued at $333,000 after buying an additional 37 shares during the period. Institutional investors own 86.70% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

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Earnings History and Estimates for Fidelity National Information Services (NYSE:FIS)

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