Global Payments Inc. (GPN) to Distribute Quarterly Dividend of $0.25 on September 25th

Global Payments Inc. (NYSE:GPN) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, September 11th will be paid a dividend of 0.25 per share by the business services provider on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 11th.

Global Payments has increased its dividend by an average of 0.1%per year over the last three years. Global Payments has a dividend payout ratio of 7.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Global Payments to earn $16.09 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.2%.

Global Payments Stock Performance

Shares of GPN stock opened at $89.54 on Wednesday. The company has a market capitalization of $23.69 billion, a P/E ratio of -30.05, a P/E/G ratio of 0.50 and a beta of 0.78. Global Payments has a 12-month low of $61.16 and a 12-month high of $95.88. The business’s 50 day moving average is $85.60 and its two-hundred day moving average is $75.63. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.16 billion. During the same quarter last year, the company earned $3.10 EPS. The firm’s revenue for the quarter was up 68.6% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Analysts expect that Global Payments will post 13.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GPN. Wells Fargo & Company decreased their target price on shares of Global Payments from $105.00 to $95.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Keefe, Bruyette & Woods lifted their price target on Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a report on Thursday, August 6th. Wolfe Research reissued an “outperform” rating and issued a $125.00 price objective (up from $110.00) on shares of Global Payments in a report on Tuesday, August 25th. The Goldman Sachs Group raised their price objective on shares of Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Global Payments in a report on Friday, August 7th. Nine analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $92.52.

Global Payments Company Profile

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.