Global Payments Inc. (NYSE:GPN) Receives Average Rating of “Hold” from Brokerages

Shares of Global Payments Inc. (NYSE:GPN) have received an average rating of “Hold” from the twenty-five research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $91.1818.

A number of equities analysts have weighed in on GPN shares. TD Cowen restated a “hold” rating on shares of Global Payments in a report on Thursday, February 19th. Rothschild & Co Redburn lifted their price objective on shares of Global Payments from $65.00 to $70.00 and gave the company a “sell” rating in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. reduced their target price on shares of Global Payments from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Global Payments in a research note on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Global Payments from $87.00 to $90.00 and gave the stock a “market perform” rating in a research note on Thursday, February 19th.

Global Payments Trading Up 0.7%

Shares of GPN opened at $66.38 on Tuesday. The stock’s 50-day moving average is $73.03 and its two-hundred day moving average is $77.97. The stock has a market cap of $18.27 billion, a PE ratio of 11.46, a P/E/G ratio of 0.37 and a beta of 0.73. Global Payments has a 12 month low of $65.61 and a 12 month high of $99.99. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.69 and a quick ratio of 1.69.

Global Payments (NYSE:GPN) last posted its earnings results on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.02. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.32 billion. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities analysts forecast that Global Payments will post 11.89 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 9th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, March 9th. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. Global Payments’s dividend payout ratio (DPR) is currently 17.27%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GPN. Thomasville National Bank boosted its holdings in Global Payments by 0.7% in the third quarter. Thomasville National Bank now owns 17,848 shares of the business services provider’s stock valued at $1,483,000 after purchasing an additional 125 shares during the last quarter. Traynor Capital Management Inc. increased its holdings in Global Payments by 3.5% during the 4th quarter. Traynor Capital Management Inc. now owns 4,221 shares of the business services provider’s stock worth $327,000 after purchasing an additional 141 shares during the last quarter. Deseret Mutual Benefit Administrators raised its position in shares of Global Payments by 23.4% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 802 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 152 shares in the last quarter. Swedbank AB boosted its stake in shares of Global Payments by 0.3% during the 3rd quarter. Swedbank AB now owns 51,177 shares of the business services provider’s stock valued at $4,252,000 after buying an additional 154 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Global Payments by 1.6% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,260 shares of the business services provider’s stock valued at $794,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 89.76% of the company’s stock.

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.