Fidelity National Information Services, Inc. (NYSE:FIS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) have received an average rating of “Moderate Buy” from the twenty-two analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $61.3333.

A number of research analysts have recently weighed in on the company. UBS Group dropped their target price on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Citigroup reduced their target price on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Oppenheimer decreased their price target on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Royal Bank Of Canada lowered their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th.

Fidelity National Information Services Stock Down 0.2%

FIS stock opened at $41.72 on Monday. Fidelity National Information Services has a fifty-two week low of $37.42 and a fifty-two week high of $82.62. The stock’s 50 day simple moving average is $41.86 and its 200 day simple moving average is $49.99. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market cap of $21.56 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. Fidelity National Information Services’s revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, research analysts expect that Fidelity National Information Services will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

Institutional Investors Weigh In On Fidelity National Information Services

A number of institutional investors and hedge funds have recently modified their holdings of the company. Dodge & Cox lifted its stake in Fidelity National Information Services by 13.9% in the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares in the last quarter. Capital Research Global Investors lifted its position in Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after acquiring an additional 514,490 shares during the last quarter. Invesco Ltd. lifted its stake in Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after purchasing an additional 448,712 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at about $495,956,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.