Evertec (NYSE:EVTC) Issues FY 2026 Earnings Guidance

Evertec (NYSE:EVTC) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 3.940-4.040 for the period, compared to the consensus estimate of 3.800. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Analyst Ratings Changes

A number of research firms have commented on EVTC. Wall Street Zen cut shares of Evertec from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Morgan Stanley lowered their price objective on shares of Evertec from $29.00 to $25.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 19th. Weiss Ratings raised Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, Raymond James Financial restated an “outperform” rating and set a $34.00 price target on shares of Evertec in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Evertec has a consensus rating of “Hold” and a consensus price target of $32.75.

Evertec Trading Down 1.3%

Shares of EVTC traded down $0.41 on Thursday, reaching $30.90. 78,666 shares of the company’s stock were exchanged, compared to its average volume of 523,752. The business has a 50 day moving average price of $27.78 and a two-hundred day moving average price of $27.75. Evertec has a 12 month low of $21.81 and a 12 month high of $37.71. The stock has a market capitalization of $1.90 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 1.10 and a beta of 0.70. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.56.

Evertec (NYSE:EVTC) last announced its quarterly earnings results on Tuesday, August 4th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.10. The company had revenue of $274.82 million during the quarter, compared to analyst estimates of $262.24 million. Evertec had a net margin of 9.80% and a return on equity of 31.95%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Research analysts anticipate that Evertec will post 3.34 earnings per share for the current year.

Evertec Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be given a $0.05 dividend. The ex-dividend date is Monday, August 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.6%. Evertec’s dividend payout ratio (DPR) is presently 9.66%.

Insider Activity at Evertec

In other Evertec news, COO Joaquin A. Castrillo-Salgado bought 20,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $22.74 per share, for a total transaction of $454,800.00. Following the completion of the transaction, the chief operating officer directly owned 143,987 shares in the company, valued at approximately $3,274,264.38. The trade was a 16.13% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Brian John Smith bought 16,202 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was bought at an average cost of $26.42 per share, with a total value of $428,056.84. Following the acquisition, the director directly owned 88,222 shares of the company’s stock, valued at approximately $2,330,825.24. The trade was a 22.50% increase in their position. The SEC filing for this purchase provides additional information. 1.13% of the stock is currently owned by insiders.

Institutional Trading of Evertec

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in Evertec by 10.2% during the 1st quarter. Royal Bank of Canada now owns 37,786 shares of the business services provider’s stock worth $1,389,000 after acquiring an additional 3,495 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of Evertec during the first quarter valued at about $248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Evertec by 3.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,915 shares of the business services provider’s stock valued at $1,394,000 after buying an additional 1,222 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Evertec by 1.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,721 shares of the business services provider’s stock valued at $3,189,000 after buying an additional 846 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Evertec by 184.6% during the 1st quarter. Jane Street Group LLC now owns 133,714 shares of the business services provider’s stock worth $4,917,000 after buying an additional 86,733 shares during the period. Institutional investors own 96.80% of the company’s stock.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.