Corpay (NYSE:CPAY) Issues FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 25.500-26.500 for the period, compared to the consensus estimate of 24.190. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion.

Analysts Set New Price Targets

CPAY has been the subject of several recent analyst reports. Morgan Stanley initiated coverage on shares of Corpay in a research report on Monday, January 26th. They set an “overweight” rating and a $379.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Scotiabank raised shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Finally, Oppenheimer decreased their price target on Corpay from $380.00 to $369.00 and set an “outperform” rating for the company in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $369.46.

Corpay Price Performance

NYSE CPAY traded up $7.52 on Wednesday, hitting $299.75. The stock had a trading volume of 1,178,731 shares, compared to its average volume of 604,503. Corpay has a 52-week low of $252.84 and a 52-week high of $400.81. The firm has a 50-day moving average of $311.75 and a 200-day moving average of $304.49. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market capitalization of $20.97 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 0.93 and a beta of 0.82.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS. Equities analysts expect that Corpay will post 19.76 EPS for the current year.

Insider Activity

In related news, Director Steven T. Stull purchased 8,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the acquisition, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.04% of the stock is owned by insiders.

Hedge Funds Weigh In On Corpay

Several institutional investors and hedge funds have recently modified their holdings of the stock. Orbis Allan Gray Ltd lifted its position in Corpay by 3.3% during the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after purchasing an additional 124,368 shares in the last quarter. State Street Corp raised its position in shares of Corpay by 0.8% during the 3rd quarter. State Street Corp now owns 2,956,744 shares of the company’s stock valued at $851,720,000 after purchasing an additional 23,470 shares during the period. Wellington Management Group LLP boosted its holdings in Corpay by 54.9% in the 3rd quarter. Wellington Management Group LLP now owns 631,496 shares of the company’s stock worth $181,909,000 after buying an additional 223,704 shares during the period. Hawk Ridge Capital Management LP purchased a new position in shares of Corpay in the third quarter valued at about $106,381,000. Finally, Legal & General Group Plc raised its stake in Corpay by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 362,471 shares of the company’s stock valued at $104,413,000 after purchasing an additional 11,401 shares during the period. 98.84% of the stock is currently owned by institutional investors.

Corpay Company Profile

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.