Zacks Research Forecasts Global Payments FY2028 Earnings

Global Payments Inc. (NYSE:GPN) – Zacks Research issued their FY2028 earnings per share (EPS) estimates for Global Payments in a report released 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 issued its quarterly earnings results on Wednesday, February 18th. The business services provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.02. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the company earned $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS.

GPN has been the topic of several other research reports. Rothschild & Co Redburn lifted their target price on shares of Global Payments from $65.00 to $70.00 and gave the company a “sell” rating in a report on Wednesday, December 3rd. Jefferies Financial Group cut their price target on shares of Global Payments from $85.00 to $75.00 and set a “hold” rating for the company in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Global Payments in a research report on Wednesday, January 14th. They issued a “hold” rating and a $80.00 price objective for the company. The Goldman Sachs Group initiated coverage on Global Payments in a report on Monday. They issued a “neutral” rating and a $88.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their target price on Global Payments from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $91.36.

Global Payments Stock Down 2.1%

Shares of Global Payments stock opened at $74.83 on Monday. Global Payments has a one year low of $65.93 and a one year high of $100.56. The company has a market cap of $20.94 billion, a P/E ratio of 12.92, a PEG ratio of 0.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.69 and a current ratio of 1.69. The firm has a fifty day moving average of $75.21 and a two-hundred day moving average of $79.86.

Institutional Investors Weigh In On Global Payments

Institutional investors and hedge funds have recently modified their holdings of the company. Strive Financial Group LLC purchased a new position in Global Payments in the 4th quarter valued at approximately $25,000. North Star Investment Management Corp. boosted its position in Global Payments by 242.2% during the third quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock worth $26,000 after purchasing an additional 218 shares in the last quarter. DV Equities LLC purchased a new stake in Global Payments during the fourth quarter worth $26,000. Root Financial Partners LLC acquired a new stake in Global Payments in the third quarter valued at $27,000. Finally, SouthState Bank Corp acquired a new stake in Global Payments in the third quarter valued at $28,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Insider Activity

In other Global Payments news, EVP David M. Sheffield sold 2,016 shares of the stock in a transaction dated Thursday, December 11th. The shares were 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 of the company’s stock, valued at approximately $1,175,397.58. This trade represents a 12.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robert H. B. Baldwin, Jr. bought 10,392 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was bought at an average cost of $81.42 per share, with a total value of $846,116.64. Following the completion of the acquisition, the director owned 59,303 shares of the company’s stock, valued at $4,828,450.26. This represents a 21.25% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.01% of the stock is owned by company insiders.

Global Payments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 9th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, March 9th. Global Payments’s dividend payout ratio (DPR) is currently 17.27%.

About Global Payments

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.