Fidelity National Information Services (NYSE:FIS) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Fidelity National Information Services (NYSE:FIS) released its quarterly earnings data on Tuesday. The information technology services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05, Zacks reports. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. During the same period last year, the company earned $0.94 earnings per share. Fidelity National Information Services updated its FY 2025 guidance to 5.700-5.800 EPS and its Q1 2025 guidance to 1.170-1.220 EPS.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $82.53 on Tuesday. The business has a 50-day simple moving average of $81.38 and a two-hundred day simple moving average of $82.90. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market cap of $44.43 billion, a price-to-earnings ratio of 32.88, a price-to-earnings-growth ratio of 0.63 and a beta of 1.04. Fidelity National Information Services has a fifty-two week low of $60.39 and a fifty-two week high of $91.98.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a dividend of $0.40 per share. The ex-dividend date is Tuesday, March 11th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.94%. Fidelity National Information Services’s dividend payout ratio (DPR) is 57.37%.

Analysts Set New Price Targets

Several research firms have recently weighed in on FIS. UBS Group upped their price target on shares of Fidelity National Information Services from $80.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. TD Cowen raised their price target on Fidelity National Information Services from $78.00 to $86.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Jefferies Financial Group boosted their price objective on Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. BNP Paribas downgraded shares of Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares in the company, valued at $2,832,546.03. The trade was a 25.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jeffrey A. Goldstein acquired 701 shares of the stock in a transaction dated Wednesday, January 15th. The stock was acquired at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the purchase, the director now directly owns 11,098 shares in the company, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company’s stock.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.