Zacks Research Raises Earnings Estimates for Global Payments

Global Payments Inc. (NYSE:GPN) – Zacks Research upped their Q4 2026 earnings estimates for Global Payments in a report released on Tuesday, May 19th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $3.74 for the quarter, up from their prior estimate of $3.72. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Global Payments’ current full-year earnings is $13.89 per share. Zacks Research also issued estimates for Global Payments’ Q1 2027 earnings at $3.40 EPS, Q3 2027 earnings at $4.37 EPS, Q4 2027 earnings at $4.51 EPS, FY2027 earnings at $16.43 EPS, Q1 2028 earnings at $3.96 EPS and FY2028 earnings at $19.00 EPS.

Global Payments (NYSE:GPN) last posted its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business’s quarterly revenue was up 63.1% on a year-over-year basis. During the same quarter last year, the company posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS.

A number of other research analysts have also recently issued reports on GPN. Weiss Ratings cut shares of Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th. Wells Fargo & Company raised their price target on shares of Global Payments from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. BMO Capital Markets assumed coverage on shares of Global Payments in a report on Tuesday, April 21st. They set a “market perform” rating and a $76.00 target price for the company. Royal Bank Of Canada reduced their target price on shares of Global Payments from $97.00 to $82.00 and set a “sector perform” rating for the company in a report on Wednesday, April 8th. Finally, Rothschild & Co Redburn reduced their target price on shares of Global Payments from $70.00 to $60.00 and set a “sell” rating for the company in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $84.29.

Global Payments Trading Up 4.2%

NYSE GPN opened at $70.78 on Thursday. The company has a fifty day simple moving average of $68.77 and a two-hundred day simple moving average of $73.71. The stock has a market cap of $19.36 billion, a P/E ratio of -34.70, a P/E/G ratio of 0.38 and a beta of 0.75. Global Payments has a 12-month low of $62.45 and a 12-month high of $90.64. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.86.

Institutional Trading of Global Payments

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Independent Advisor Alliance boosted its position in Global Payments by 260.5% during the third quarter. Independent Advisor Alliance now owns 29,446 shares of the business services provider’s stock worth $2,446,000 after acquiring an additional 21,278 shares during the last quarter. BIP Wealth LLC boosted its position in Global Payments by 151.6% during the third quarter. BIP Wealth LLC now owns 30,103 shares of the business services provider’s stock worth $2,501,000 after acquiring an additional 18,138 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Global Payments during the third quarter worth about $905,000. Moore Capital Management LP boosted its position in Global Payments by 13.3% during the third quarter. Moore Capital Management LP now owns 231,200 shares of the business services provider’s stock worth $19,208,000 after acquiring an additional 27,200 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new position in Global Payments during the third quarter worth about $1,024,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, June 12th. Global Payments’s dividend payout ratio (DPR) is currently -49.02%.

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.