Evertec (NYSE:EVTC) Issues Earnings Results

Evertec (NYSE:EVTC) issued its quarterly earnings data on Tuesday. The business services provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10, FiscalAI reports. Evertec had a return on equity of 31.40% and a net margin of 13.95%. Evertec updated its FY 2026 guidance to 3.940-4.040 EPS.

Evertec Price Performance

EVTC traded up $1.54 during trading on Tuesday, reaching $32.65. 614,783 shares of the stock were exchanged, compared to its average volume of 525,598. The business’s 50 day moving average price is $27.45 and its two-hundred day moving average price is $27.73. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 15.77, a P/E/G ratio of 1.03 and a beta of 0.70. Evertec has a 1 year low of $21.81 and a 1 year high of $37.71.

Evertec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s payout ratio is presently 9.66%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on EVTC shares. Raymond James Financial reissued an “outperform” rating and set a $34.00 price objective on shares of Evertec in a research report on Thursday, May 7th. Morgan Stanley reduced their target price on shares of Evertec from $29.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, May 19th. Weiss Ratings upgraded shares of Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen cut Evertec from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $32.75.

Insider Buying and Selling at Evertec

In related news, Director Brian John Smith acquired 16,202 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average cost of $26.42 per share, for a total transaction of $428,056.84. Following the transaction, the director directly owned 88,222 shares of the company’s stock, valued at approximately $2,330,825.24. This trade represents a 22.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Joaquin A. Castrillo-Salgado purchased 20,000 shares of the stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of $22.74 per share, with a total value of $454,800.00. Following the completion of the acquisition, the chief operating officer owned 143,987 shares of the company’s stock, valued at approximately $3,274,264.38. This represents a 16.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 53,202 shares of company stock valued at $1,292,557. Insiders own 1.13% of the company’s stock.

Hedge Funds Weigh In On Evertec

Large investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC purchased a new position in shares of Evertec in the 4th quarter worth about $31,000. Global Retirement Partners LLC increased its position in Evertec by 53.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after purchasing an additional 510 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new position in Evertec in the third quarter valued at approximately $52,000. Advisory Services Network LLC purchased a new position in Evertec in the third quarter valued at approximately $59,000. Finally, EverSource Wealth Advisors LLC lifted its position in Evertec by 2,751.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,996 shares of the business services provider’s stock valued at $72,000 after buying an additional 1,926 shares in the last quarter. Hedge funds and other institutional investors own 96.80% of the company’s stock.

About Evertec

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.