Global Payments (NYSE:GPN) Issues Quarterly Earnings Results

Global Payments (NYSE:GPN) announced its quarterly earnings results on Thursday. The business services provider reported $2.84 earnings per share for the quarter, missing the consensus estimate of $2.98 by ($0.14), Zacks reports. Global Payments had a return on equity of 11.94% and a net margin of 13.61%. Global Payments updated its FY 2025 guidance to 12.710-12.820 EPS.

Global Payments Price Performance

Shares of NYSE:GPN opened at $104.12 on Friday. Global Payments has a 12 month low of $91.60 and a 12 month high of $141.77. The firm has a market capitalization of $26.50 billion, a P/E ratio of 19.61, a P/E/G ratio of 0.80 and a beta of 1.01. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.93 and a quick ratio of 0.93. The company’s fifty day moving average price is $111.45 and its 200 day moving average price is $108.56.

Global Payments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Friday, March 14th. Global Payments’s dividend payout ratio (DPR) is presently 18.83%.

Insider Activity

In related news, Director Robert H. B. Baldwin, Jr. acquired 5,800 shares of Global Payments stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of $116.00 per share, for a total transaction of $672,800.00. Following the completion of the purchase, the director now directly owns 42,738 shares of the company’s stock, valued at approximately $4,957,608. This trade represents a 15.70 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Global Payments from $156.00 to $166.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Keefe, Bruyette & Woods increased their price objective on shares of Global Payments from $130.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Royal Bank of Canada reduced their price target on Global Payments from $143.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Stephens cut Global Payments from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $125.00 to $120.00 in a report on Friday, January 10th. Finally, StockNews.com raised Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, Global Payments currently has an average rating of “Moderate Buy” and a consensus price target of $136.32.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.