Fidelity National Information Services, Inc. (NYSE:FIS) Receives $53.46 Consensus Price Target from Analysts

Fidelity National Information Services, Inc. (NYSE:FIS) has been given a consensus recommendation of “Hold” by the twenty-four ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $53.4583.

FIS has been the subject of several research analyst reports. Wolfe Research upped their price target on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. National Bank Financial set a $50.00 price objective on Fidelity National Information Services in a report on Monday, August 10th. Stephens reiterated an “equal weight” rating and set a $50.00 price objective on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Cantor Fitzgerald reduced their target price on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Finally, Royal Bank Of Canada decreased their target price on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th.

Institutional Investors Weigh In On Fidelity National Information Services

A number of large investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC raised its position in shares of Fidelity National Information Services by 13.5% in the second quarter. Sequoia Financial Advisors LLC now owns 29,240 shares of the information technology services provider’s stock valued at $1,137,000 after buying an additional 3,484 shares during the last quarter. Tidal Investments LLC boosted its position in Fidelity National Information Services by 13.9% during the second quarter. Tidal Investments LLC now owns 153,767 shares of the information technology services provider’s stock worth $5,978,000 after acquiring an additional 18,710 shares during the last quarter. Cidel Asset Management Inc. grew its stake in Fidelity National Information Services by 32.8% during the 2nd quarter. Cidel Asset Management Inc. now owns 8,170 shares of the information technology services provider’s stock valued at $318,000 after acquiring an additional 2,018 shares in the last quarter. IFP Advisors Inc grew its stake in Fidelity National Information Services by 5.7% during the 2nd quarter. IFP Advisors Inc now owns 23,992 shares of the information technology services provider’s stock valued at $933,000 after acquiring an additional 1,293 shares in the last quarter. Finally, Arizona State Retirement System raised its holdings in Fidelity National Information Services by 4.8% in the 2nd quarter. Arizona State Retirement System now owns 147,486 shares of the information technology services provider’s stock valued at $5,734,000 after acquiring an additional 6,747 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 1.0%

Shares of NYSE:FIS opened at $35.27 on Friday. The business’s 50 day moving average price is $41.25 and its 200-day moving average price is $43.25. Fidelity National Information Services has a 1 year low of $35.19 and a 1 year high of $69.14. The firm has a market capitalization of $18.23 billion, a price-to-earnings ratio of 5.42, a price-to-earnings-growth ratio of 0.37 and a beta of 0.79. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue was up 29.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.36 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, equities research analysts forecast that Fidelity National Information Services will post 6.2 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 5.0%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.