Equities research analysts forecast that Total System Services, Inc. (NYSE:TSS) will post earnings of $0.76 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Total System Services’ earnings, with the highest EPS estimate coming in at $0.78 and the lowest estimate coming in at $0.74. Total System Services posted earnings per share of $0.69 in the same quarter last year, which would suggest a positive year over year growth rate of 10.1%. The company is scheduled to report its next quarterly earnings results after the market closes on Tuesday, July 25th.

According to Zacks, analysts expect that Total System Services will report full-year earnings of $3.08 per share for the current financial year, with EPS estimates ranging from $3.04 to $3.12. For the next financial year, analysts forecast that the company will post earnings of $3.35 per share, with EPS estimates ranging from $3.28 to $3.45. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Total System Services.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, April 25th. The credit services provider reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.02. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.20 billion. Total System Services had a return on equity of 25.16% and a net margin of 7.86%. The firm’s quarterly revenue was up 62.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 earnings per share.

A number of research analysts recently weighed in on the company. Guggenheim assumed coverage on Total System Services in a research report on Thursday, March 30th. They set a “buy” rating and a $62.00 price objective for the company. Zacks Investment Research lowered Total System Services from a “hold” rating to a “sell” rating in a research report on Tuesday, April 4th. Atlantic Securities reaffirmed a “neutral” rating and set a $59.00 price objective on shares of Total System Services in a research report on Wednesday, April 12th. Pacific Crest reaffirmed an “overweight” rating and set a $58.00 price objective on shares of Total System Services in a research report on Monday, April 24th. Finally, Stifel Nicolaus set a $65.00 price objective on Total System Services and gave the company a “buy” rating in a research report on Wednesday, April 26th. Seven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $61.89.

Total System Services (NYSE:TSS) traded up 0.16% during trading on Friday, hitting $61.51. The company had a trading volume of 534,997 shares. The company’s 50 day moving average price is $59.33 and its 200-day moving average price is $55.71. Total System Services has a 1-year low of $46.22 and a 1-year high of $61.90. The stock has a market capitalization of $11.32 billion, a price-to-earnings ratio of 33.93 and a beta of 1.12.

The business also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Thursday, June 22nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, June 20th. This represents a $0.40 annualized dividend and a yield of 0.65%. Total System Services’s dividend payout ratio (DPR) is presently 22.10%.

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In other news, Director Richard W. Ussery sold 48,000 shares of the business’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $59.19, for a total value of $2,841,120.00. Following the transaction, the director now directly owns 219,968 shares in the company, valued at $13,019,905.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman M Troy Woods sold 6,500 shares of the business’s stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $57.30, for a total value of $372,450.00. Following the completion of the transaction, the chairman now owns 285,966 shares in the company, valued at $16,385,851.80. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Total System Services by 2,540.3% in the first quarter. BlackRock Inc. now owns 11,122,344 shares of the credit services provider’s stock valued at $594,599,000 after buying an additional 10,701,089 shares during the last quarter. FMR LLC increased its position in shares of Total System Services by 14.8% in the first quarter. FMR LLC now owns 11,224,948 shares of the credit services provider’s stock valued at $600,086,000 after buying an additional 1,447,047 shares during the last quarter. Point72 Asset Management L.P. increased its position in shares of Total System Services by 71.6% in the first quarter. Point72 Asset Management L.P. now owns 2,386,830 shares of the credit services provider’s stock valued at $127,600,000 after buying an additional 996,260 shares during the last quarter. Strs Ohio increased its position in shares of Total System Services by 405.1% in the first quarter. Strs Ohio now owns 1,218,151 shares of the credit services provider’s stock valued at $65,122,000 after buying an additional 976,975 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Total System Services by 23.4% in the first quarter. Wellington Management Group LLP now owns 4,353,926 shares of the credit services provider’s stock valued at $232,761,000 after buying an additional 824,600 shares during the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

About Total System Services

Total System Services, Inc (TSYS) is a payment solutions provider that provides payment processing services, merchant services and related payment services to financial and non-financial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services.

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Earnings History and Estimates for Total System Services (NYSE:TSS)

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