Evertec (NYSE:EVTC) Updates FY 2026 Earnings Guidance

Evertec (NYSE:EVTC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.940-4.040 for the period, compared to the consensus estimate of 3.800. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Evertec Stock Up 5.0%

Shares of NYSE:EVTC traded up $1.54 during midday trading on Tuesday, hitting $32.65. 615,981 shares of the stock were exchanged, compared to its average volume of 525,599. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.97 and a current ratio of 1.97. Evertec has a 52-week low of $21.81 and a 52-week high of $37.71. The business’s fifty day simple moving average is $27.45 and its two-hundred day simple moving average is $27.73. The company has a market capitalization of $2.01 billion, a PE ratio of 15.77, a P/E/G ratio of 1.03 and a beta of 0.70.

Evertec (NYSE:EVTC) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). Evertec had a net margin of 13.95% and a return on equity of 31.40%. The firm had revenue of $247.92 million for the quarter, compared to analyst estimates of $248.99 million. During the same period in the previous year, the business posted $0.87 EPS. Evertec’s revenue for the quarter was up 8.4% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. As a group, research analysts predict that Evertec will post 3.34 earnings per share for the current fiscal year.

Evertec Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, EVP Luis A. Rodriguez-Gonzalez acquired 17,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of $24.10 per share, with a total value of $409,700.00. Following the acquisition, the executive vice president owned 80,907 shares in the company, valued at approximately $1,949,858.70. The trade was a 26.60% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 bought at an average cost of $26.42 per share, for a total transaction of $428,056.84. Following the completion of the purchase, the director directly owned 88,222 shares in the company, valued at $2,330,825.24. This represents a 22.50% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 53,202 shares of company stock valued at $1,292,557 over the last quarter. Insiders own 1.13% of the company’s stock.

Hedge Funds Weigh In On Evertec

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC boosted its stake in Evertec by 4.3% during the third quarter. Lido Advisors LLC now owns 8,746 shares of the business services provider’s stock valued at $295,000 after buying an additional 363 shares during the period. California State Teachers Retirement System increased its stake in Evertec by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 59,159 shares of the business services provider’s stock worth $2,133,000 after acquiring an additional 417 shares during the last quarter. Cetera Investment Advisers increased its stake in Evertec by 3.6% in the 4th quarter. Cetera Investment Advisers now owns 12,313 shares of the business services provider’s stock worth $358,000 after acquiring an additional 433 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of Evertec by 53.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 510 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of Evertec by 1.7% in the 2nd quarter. Lazard Asset Management LLC now owns 33,598 shares of the business services provider’s stock valued at $1,211,000 after acquiring an additional 567 shares in the last quarter. Institutional investors and hedge funds 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.