Global Payments Inc. Plans Quarterly Dividend of $0.25 (NYSE:GPN)

Global Payments Inc. (NYSE:GPN) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, September 11th will be given a dividend of 0.25 per share by the business services provider on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 11th.

Global Payments has increased its dividend payment by an average of 0.1%annually over the last three years. Global Payments has a dividend payout ratio of 7.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Global Payments to earn $16.32 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.1%.

Global Payments Stock Performance

NYSE:GPN traded down $0.72 during mid-day trading on Wednesday, hitting $87.53. 4,160,410 shares of the company’s stock traded hands, compared to its average volume of 3,656,521. The firm has a 50 day moving average of $74.39 and a two-hundred day moving average of $72.37. Global Payments has a 12 month low of $61.16 and a 12 month high of $90.85. The firm has a market capitalization of $23.94 billion, a price-to-earnings ratio of -42.90, a price-to-earnings-growth ratio of 0.49 and a beta of 0.74. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.86.

Global Payments (NYSE:GPN) last released its earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.16 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The company’s revenue was up 68.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, equities analysts forecast that Global Payments will post 13.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Stephens set a $80.00 price objective on shares of Global Payments and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Wells Fargo & Company cut their target price on shares of Global Payments from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. BTIG Research reissued a “neutral” rating on shares of Global Payments in a report on Tuesday, June 9th. Keefe, Bruyette & Woods dropped their price objective on shares of Global Payments from $90.00 to $76.00 and set a “market perform” rating on the stock in a report on Tuesday, April 7th. Finally, Susquehanna set a $111.00 price objective on shares of Global Payments and gave the company a “positive” rating in a research report on Wednesday, June 3rd. Four analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Global Payments presently has an average rating of “Hold” and a consensus price target of $83.46.

Global Payments Company Profile

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.