Fidelity National Information Services, Inc. (NYSE:FIS) Stock Has Average Target Price of $50.25
by Mitch Edgeman · The Markets DailyFidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) has received a consensus rating of “Hold” from the twenty-five research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $49.28.
Several equities analysts have recently weighed in on FIS shares. UBS Group reaffirmed a “neutral” rating on shares of Fidelity National Information Services in a report on Monday, September 21st. Stephens restated an “equal weight” rating and issued a $50.00 price objective on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Royal Bank Of Canada dropped their target price on shares of 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. Piper Sandler initiated coverage on shares of Fidelity National Information Services in a research note on Friday, September 11th. They issued a “neutral” rating and a $42.00 price objective for the company. Finally, TD Cowen decreased their price target on Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 9th.
Read Our Latest Analysis on FIS
Fidelity National Information Services Trading Down 0.5%
NYSE FIS opened at $35.95 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The stock’s 50 day moving average is $37.99 and its 200 day moving average is $41.26. Fidelity National Information Services has a twelve month low of $32.10 and a twelve month high of $68.98. The firm has a market capitalization of $18.58 billion, a PE ratio of 5.99, a P/E/G ratio of 0.38 and a beta of 0.81.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. Fidelity National Information Services’s revenue was up 29.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 earnings per share. 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. Research analysts forecast that Fidelity National Information Services will post 6.20 earnings per share for the current fiscal year.
Fidelity National Information Services Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Friday, September 11th. Fidelity National Information Services’s payout ratio is presently 27.04%.
More Fidelity National Information Services News
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
- Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
- Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
- Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
- Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target
Insiders Place Their Bets
In related news, Director Jeffrey Goldstein purchased 1,585 shares of Fidelity National Information Services stock in a transaction on Thursday, October 15th. The stock was bought at an average price of $36.40 per share, with a total value of $57,694.00. Following the completion of the transaction, the director directly owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Fidelity National Information Services
Several institutional investors have recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new position in Fidelity National Information Services in the second quarter valued at approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $219,162,000. Bank of America Corp DE acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $189,387,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Fidelity National Information Services by 228.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock valued at $141,465,000 after purchasing an additional 2,098,139 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Fidelity National Information Services during the second quarter worth $129,815,000. 96.23% of the stock is owned by institutional investors.
About Fidelity National Information Services
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.
FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.
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