Fidelity National Information Servcs Inc (NYSE:FIS) – Stock analysts at Northcoast Research issued their Q1 2018 earnings estimates for shares of Fidelity National Information Servcs in a research report issued to clients and investors on Wednesday. Northcoast Research analyst K. Mehta anticipates that the information technology services provider will earn $1.07 per share for the quarter. Northcoast Research also issued estimates for Fidelity National Information Servcs’ Q2 2018 earnings at $1.20 EPS, Q3 2018 earnings at $1.35 EPS, Q4 2018 earnings at $1.58 EPS, FY2018 earnings at $5.20 EPS and FY2019 earnings at $5.85 EPS.

Other analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a report on Friday. Robert W. Baird upped their price objective on shares of Fidelity National Information Servcs from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. KeyCorp reaffirmed a “buy” rating on shares of Fidelity National Information Servcs in a report on Wednesday, November 1st. Oppenheimer upped their price objective on shares of Fidelity National Information Servcs from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. Finally, Barclays upped their price objective on shares of Fidelity National Information Servcs from $102.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, October 26th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Fidelity National Information Servcs presently has an average rating of “Buy” and a consensus target price of $102.47.

Shares of Fidelity National Information Servcs (FIS) opened at $95.03 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 0.92. The stock has a market cap of $30,962.96, a price-to-earnings ratio of 20.98, a P/E/G ratio of 1.49 and a beta of 0.90. Fidelity National Information Servcs has a 1-year low of $78.89 and a 1-year high of $103.65.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. Fidelity National Information Servcs had a net margin of 14.46% and a return on equity of 14.46%. Fidelity National Information Servcs’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 EPS.

Hedge funds have recently made changes to their positions in the company. BB&T Investment Services Inc. acquired a new position in shares of Fidelity National Information Servcs in the 2nd quarter valued at $103,000. WFG Advisors LP raised its stake in shares of Fidelity National Information Servcs by 99.8% in the 2nd quarter. WFG Advisors LP now owns 1,187 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 593 shares in the last quarter. Calton & Associates Inc. acquired a new position in shares of Fidelity National Information Servcs in the 4th quarter valued at $123,000. Cerebellum GP LLC acquired a new position in shares of Fidelity National Information Servcs in the 4th quarter valued at $126,000. Finally, Rockefeller Financial Services Inc. acquired a new position in shares of Fidelity National Information Servcs in the 3rd quarter valued at $128,000. Institutional investors own 87.62% of the company’s stock.

In other Fidelity National Information Servcs news, Director David K. Hunt sold 17,000 shares of the stock in a transaction on Friday, December 15th. The shares were sold at an average price of $94.53, for a total value of $1,607,010.00. Following the completion of the sale, the director now directly owns 19,154 shares of the company’s stock, valued at approximately $1,810,627.62. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Gregory G. Montana sold 58,547 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $92.54, for a total transaction of $5,417,939.38. The disclosure for this sale can be found here. Over the last three months, insiders sold 79,147 shares of company stock valued at $7,366,481. Insiders own 2.66% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a $0.32 dividend. The ex-dividend date is Thursday, March 15th. This is an increase from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. This represents a $1.28 dividend on an annualized basis and a yield of 1.35%. Fidelity National Information Servcs’s dividend payout ratio is 29.59%.

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About Fidelity National Information Servcs

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.

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

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