Global Payments (NYSE:GPN – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 13.600-13.800 for the period, compared to the consensus estimate of 13.840. The company issued revenue guidance of $9.7 billion-$9.8 billion, compared to the consensus revenue estimate of $12.4 billion.
Wall Street Analysts Forecast Growth
GPN has been the topic of a number of recent analyst reports. HC Wainwright began coverage on shares of Global Payments in a research report on Thursday. They issued a “buy” rating on the stock. Cantor Fitzgerald decreased their price target on shares of Global Payments from $88.00 to $76.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Wolfe Research raised Global Payments from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Thursday. Robert W. Baird set a $120.00 target price on Global Payments in a report on Thursday. Finally, Wall Street Zen lowered Global Payments from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Ten analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Global Payments has a consensus rating of “Hold” and a consensus target price of $90.68.
Check Out Our Latest Report on Global Payments
Global Payments Stock Down 2.9%
Global Payments (NYSE:GPN – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.02. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. Global Payments’s revenue was up 68.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, sell-side analysts forecast that Global Payments will post 13.72 earnings per share for the current year.
Global Payments Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. Global Payments’s dividend payout ratio is presently -49.02%.
Institutional Investors Weigh In On Global Payments
Several large investors have recently added to or reduced their stakes in GPN. Strive Financial Group LLC purchased a new stake in shares of Global Payments in the fourth quarter valued at approximately $25,000. DV Equities LLC purchased a new stake in shares of Global Payments in the 4th quarter worth $26,000. Johnson Financial Group Inc. bought a new position in shares of Global Payments during the 3rd quarter worth $35,000. Parkside Financial Bank & Trust increased its stake in shares of Global Payments by 473.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 683 shares of the business services provider’s stock valued at $53,000 after buying an additional 564 shares during the period. Finally, Quarry LP increased its stake in shares of Global Payments by 138.0% during the fourth quarter. Quarry LP now owns 945 shares of the business services provider’s stock valued at $73,000 after buying an additional 548 shares during the period. 89.76% of the stock is owned by hedge funds and other institutional investors.
About Global Payments
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.
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