Corpay (NYSE:CPAY) Releases Q3 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.050-7.250 for the period, compared to the consensus earnings per share estimate of 6.960. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Corpay also updated its FY 2026 guidance to 27.150-27.550 EPS.

Wall Street Analysts Forecast Growth

CPAY has been the topic of a number of research reports. Loop Capital started coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price objective on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Wolfe Research restated an “outperform” rating on shares of Corpay in a research report on Thursday. Raymond James Financial reaffirmed an “outperform” rating on shares of Corpay in a research note on Thursday. Finally, Morgan Stanley boosted their price objective on Corpay from $400.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $383.69.

Corpay Stock Down 0.8%

Shares of NYSE:CPAY opened at $393.28 on Thursday. The stock’s 50-day moving average is $356.34 and its 200 day moving average is $337.74. The company has a market cap of $25.70 billion, a PE ratio of 23.54, a P/E/G ratio of 1.08 and a beta of 0.87. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98. Corpay has a 1 year low of $252.84 and a 1 year high of $405.95.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping the consensus estimate of $6.58 by $0.42. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business’s revenue was up 21.5% on a year-over-year basis. During the same quarter last year, the business posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Sell-side analysts anticipate that Corpay will post 25.48 EPS for the current year.

Insiders Place Their Bets

In other Corpay news, Director Steven T. Stull sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the transaction, the director directly owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Armando Lins Netto sold 70,476 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the transaction, the insider owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This trade represents a 86.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 88,677 shares of company stock valued at $31,304,091 in the last ninety days. 5.19% of the stock is currently owned by insiders.

Corpay News Summary

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q2 results exceeded expectations. Corpay reported adjusted EPS of $7.00, above the $6.58 consensus estimate, while revenue reached $1.34 billion versus expectations of $1.30 billion. Revenue increased 21.5% year over year, and management said adjusted net income per share grew 36%, with double-digit organic revenue growth for the fifth consecutive quarter. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Full-year and third-quarter guidance topped analyst estimates. Corpay projected third-quarter EPS of $7.05-$7.25, ahead of the $6.96 consensus, with revenue of approximately $1.4 billion versus expectations of $1.3 billion. Full-year 2026 EPS guidance of $27.15-$27.55 also exceeded the $26.52 consensus, implying a midpoint of $27.35. Corpay signals 2026 cash EPS midpoint
• Positive Sentiment: Corpay is streamlining its portfolio. The company agreed to sell UK-based vehicle payments and fleet-software businesses epyx, r2c Online, and Business Gateway to OEConnection. The divestiture should allow Corpay to concentrate on its core corporate payments and expense-management operations, while potentially generating capital for other priorities. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business
• Neutral Sentiment: Corpay Cross-Border became the official foreign-exchange partner of the new Ultimate Sevens rugby championship. The agreement may increase brand visibility and offer commercial opportunities, but its near-term financial impact was not disclosed. Corpay Cross-Border Named the Official FX Partner of Ultimate Sevens

Hedge Funds Weigh In On Corpay

Institutional investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust increased its stake in shares of Corpay by 215.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 356 shares of the corporate payments company’s stock worth $107,000 after acquiring an additional 243 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Corpay by 10.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 546 shares of the corporate payments company’s stock worth $167,000 after acquiring an additional 51 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Corpay by 58.0% during the fourth quarter. Advisors Asset Management Inc. now owns 447 shares of the corporate payments company’s stock worth $135,000 after acquiring an additional 164 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Corpay in the fourth quarter worth about $95,000. Finally, Quarry LP grew its holdings in Corpay by 244.2% in the third quarter. Quarry LP now owns 265 shares of the corporate payments company’s stock worth $76,000 after purchasing an additional 188 shares during the period. 98.84% of the stock is owned by institutional investors.

Corpay Company Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.