Evertec (NYSE:EVTC) Updates FY 2026 Earnings Guidance

Evertec (NYSE:EVTC) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.940-4.040 for the period, compared to the consensus EPS estimate of 3.800. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Evertec Price Performance

NYSE:EVTC traded up $1.54 on Tuesday, reaching $32.65. The stock had a trading volume of 615,981 shares, compared to its average volume of 525,607. The company has a market capitalization of $2.01 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 1.03 and a beta of 0.70. Evertec has a 1-year low of $21.81 and a 1-year high of $37.71. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.56. The stock has a fifty day moving average price of $27.45 and a 200-day moving average price of $27.73.

Evertec (NYSE:EVTC) last posted its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. Evertec had a net margin of 13.95% and a return on equity of 31.40%. During the same quarter last year, the business earned $0.89 earnings per share. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Research analysts forecast that Evertec will post 3.34 EPS for the current year.

Evertec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. Evertec’s payout ratio is currently 9.66%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EVTC shares. Wall Street Zen lowered Evertec from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Raymond James Financial reiterated an “outperform” rating and set a $34.00 price target on shares of Evertec in a research report on Thursday, May 7th. Weiss Ratings upgraded shares of Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, Morgan Stanley dropped their target price on shares of Evertec from $29.00 to $25.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Evertec currently has an average rating of “Hold” and a consensus price target of $32.75.

Insiders Place Their Bets

In other Evertec news, COO Joaquin A. Castrillo-Salgado purchased 20,000 shares of the stock in a transaction dated Friday, May 8th. The stock was bought at an average price of $22.74 per share, for a total transaction of $454,800.00. Following the transaction, the chief operating officer directly owned 143,987 shares in the company, valued at $3,274,264.38. This represents a 16.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Brian John Smith bought 16,202 shares of the company’s stock in a transaction on Friday, June 12th. The shares were acquired at an average price of $26.42 per share, with a total value of $428,056.84. Following the transaction, the director directly owned 88,222 shares in the company, valued at approximately $2,330,825.24. The trade was a 22.50% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 53,202 shares of company stock valued at $1,292,557. 1.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Evertec

A number of institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC raised its position in shares of Evertec by 4.3% in the 3rd quarter. Lido Advisors LLC now owns 8,746 shares of the business services provider’s stock valued at $295,000 after acquiring an additional 363 shares during the period. California State Teachers Retirement System grew its holdings in Evertec by 0.7% during the second quarter. California State Teachers Retirement System now owns 59,159 shares of the business services provider’s stock valued at $2,133,000 after purchasing an additional 417 shares during the period. Cetera Investment Advisers boosted its position in shares of Evertec by 3.6% during the fourth quarter. Cetera Investment Advisers now owns 12,313 shares of the business services provider’s stock worth $358,000 after purchasing an additional 433 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Evertec by 53.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock valued at $43,000 after buying an additional 510 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of Evertec by 1.7% in the 2nd quarter. Lazard Asset Management LLC now owns 33,598 shares of the business services provider’s stock valued at $1,211,000 after buying an additional 567 shares in the last quarter. 96.80% of the stock is owned by institutional investors and hedge funds.

About Evertec

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.