Zacks Research Estimates Global Payments FY2028 Earnings

Global Payments Inc. (NYSE:GPN) – Stock analysts at Zacks Research issued their FY2028 earnings per share estimates for shares of Global Payments in a research report issued on Wednesday, March 4th. Zacks Research analyst Team forecasts that the business services provider will earn $18.28 per share for the year. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Global Payments’ current full-year earnings is $11.89 per share.

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 return on equity of 12.72% and a net margin of 16.92%.The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the previous year, the firm earned $2.85 earnings per share. Global Payments’s revenue for the quarter 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.

Other analysts have also issued reports about the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $97.00 price objective (up from $95.00) on shares of Global Payments in a research note on Thursday, February 19th. BNP Paribas Exane boosted their price target on shares of Global Payments from $73.00 to $76.00 and gave the company an “underperform” rating in a report on Thursday, February 19th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $88.00 price objective (up from $80.00) on shares of Global Payments in a research note on Monday, February 23rd. Rothschild & Co Redburn lifted their price objective on shares of Global Payments from $65.00 to $70.00 and gave the stock a “sell” rating in a research report on Wednesday, December 3rd. Finally, UBS Group reissued a “neutral” rating and set a $87.00 target price (up from $80.00) on shares of Global Payments in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $91.36.

Global Payments Trading Down 1.5%

NYSE:GPN opened at $73.68 on Monday. The stock has a fifty day simple moving average of $75.10 and a 200 day simple moving average of $79.75. The firm has a market capitalization of $20.62 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 0.41 and a beta of 0.73. Global Payments has a 1-year low of $65.93 and a 1-year high of $100.56. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.83.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Norges Bank bought a new stake in shares of Global Payments in the 4th quarter valued at about $276,014,000. Balyasny Asset Management L.P. boosted its position in shares of Global Payments by 112.3% during the third quarter. Balyasny Asset Management L.P. now owns 2,281,476 shares of the business services provider’s stock worth $189,545,000 after buying an additional 1,206,807 shares during the period. Clearbridge Investments LLC boosted its position in Global Payments by 5,710.5% during the 4th quarter. Clearbridge Investments LLC now owns 941,299 shares of the business services provider’s stock worth $72,857,000 after acquiring an additional 925,099 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Global Payments by 93.8% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,412,128 shares of the business services provider’s stock valued at $109,299,000 after buying an additional 683,524 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of Global Payments by 117.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,207,277 shares of the business services provider’s stock valued at $93,443,000 after acquiring an additional 651,671 shares during the last quarter. Institutional investors own 89.76% of the company’s stock.

Insider Activity at Global Payments

In other news, Director Robert H. B. Baldwin, Jr. purchased 10,392 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was purchased at an average cost of $81.42 per share, with a total value of $846,116.64. Following the acquisition, the director directly owned 59,303 shares of the company’s stock, valued at approximately $4,828,450.26. This trade represents a 21.25% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David M. Sheffield sold 2,016 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $81.41, for a total value of $164,122.56. Following the completion of the transaction, the executive vice president directly owned 14,438 shares in the company, valued at approximately $1,175,397.58. This represents a 12.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.01% of the stock is currently owned by company insiders.

Global Payments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. Global Payments’s dividend payout ratio (DPR) is 17.27%.

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.