Global Payments Inc. (NYSE:GPN) Receives $91.18 Average PT from Analysts

Global Payments Inc. (NYSE:GPN) has earned an average recommendation of “Hold” from the twenty-five analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $90.2727.

GPN has been the subject of several recent research reports. Mizuho cut their price target on Global Payments from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, March 26th. Citigroup lowered their price objective on Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft started coverage on Global Payments in a report on Wednesday, January 14th. They issued a “hold” rating and a $80.00 price objective for the company. Keefe, Bruyette & Woods upped their target price on Global Payments from $87.00 to $90.00 and gave the company a “market perform” rating in a research report on Thursday, February 19th. Finally, Raymond James Financial lowered Global Payments from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th.

Global Payments Price Performance

Shares of Global Payments stock opened at $64.03 on Tuesday. Global Payments has a twelve month low of $62.70 and a twelve month high of $96.24. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.83. The company has a 50-day simple moving average of $72.54 and a two-hundred day simple moving average of $77.66. The stock has a market capitalization of $17.62 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 0.36 and a beta of 0.76.

Global Payments (NYSE:GPN) last announced its earnings results on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.02. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the business posted $2.85 EPS. The business’s revenue was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Analysts forecast that Global Payments will post 11.89 EPS for the current year.

Global Payments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 9th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, March 9th. Global Payments’s dividend payout ratio is presently 17.27%.

Hedge Funds Weigh In On Global Payments

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strive Financial Group LLC acquired a new stake in shares of Global Payments during the 4th quarter worth approximately $25,000. North Star Investment Management Corp. increased its stake in Global Payments by 242.2% in the third quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. DV Equities LLC acquired a new position in Global Payments during the fourth quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in Global Payments during the third quarter valued at approximately $27,000. Finally, SouthState Bank Corp bought a new stake in Global Payments during the third quarter worth $28,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.

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.