Fidelity National Information Services, Inc. (FIS) To Go Ex-Dividend on June 11th

Fidelity National Information Services, Inc. (NYSE:FIS) announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Thursday, June 11th will be given a dividend of 0.44 per share by the information technology services provider on Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 11th.

Fidelity National Information Services has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Fidelity National Information Services has a dividend payout ratio of 28.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Fidelity National Information Services to earn $6.89 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 25.5%.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock opened at $39.54 on Tuesday. The firm has a 50 day simple moving average of $44.80 and a 200-day simple moving average of $53.53. Fidelity National Information Services has a 1-year low of $39.52 and a 1-year high of $82.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a market cap of $20.44 billion, a price-to-earnings ratio of 7.66, a price-to-earnings-growth ratio of 0.40 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The business had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company 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, analysts expect that Fidelity National Information Services will post 6.28 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on FIS shares. Oppenheimer lowered their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Royal Bank Of Canada lowered their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. UBS Group lowered their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Raymond James Financial lowered their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Finally, BNP Paribas Exane lowered their price objective on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.33.

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.