Zacks Research Predicts Global Payments FY2028 Earnings

Global Payments Inc. (NYSE:GPN) – Stock analysts at Zacks Research issued their FY2028 EPS estimates for shares of Global Payments in a research note issued on Wednesday, March 4th. Zacks Research analyst Team expects that the business services provider will earn $18.28 per share for the year. Zacks Research 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 posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.02. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.85 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS.

GPN has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft initiated coverage on Global Payments in a research report on Wednesday, January 14th. They issued a “hold” rating and a $80.00 price objective for the company. Keefe, Bruyette & Woods upped their target price on shares of Global Payments from $87.00 to $90.00 and gave the company a “market perform” rating in a research report on Thursday, February 19th. Truist Financial set a $85.00 target price on shares of Global Payments in a research note on Tuesday, January 20th. Wells Fargo & Company lifted their price target on shares of Global Payments from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Global Payments in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $91.52.

Global Payments Trading Down 2.4%

GPN stock opened at $76.39 on Monday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.83. Global Payments has a twelve month low of $65.93 and a twelve month high of $101.32. The company has a market cap of $21.38 billion, a P/E ratio of 13.19, a PEG ratio of 0.42 and a beta of 0.73. The business has a fifty day moving average of $75.32 and a 200-day moving average of $79.94.

Hedge Funds Weigh In On Global Payments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Independent Advisor Alliance grew its stake in shares of Global Payments by 260.5% during the 3rd 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 in the last quarter. BIP Wealth LLC lifted its position in shares of Global Payments by 151.6% in the third quarter. BIP Wealth LLC now owns 30,103 shares of the business services provider’s stock worth $2,501,000 after purchasing an additional 18,138 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Global Payments during the third quarter worth $905,000. HB Wealth Management LLC boosted its holdings in Global Payments by 213.9% during the third quarter. HB Wealth Management LLC now owns 36,861 shares of the business services provider’s stock worth $3,062,000 after purchasing an additional 25,118 shares during the last quarter. Finally, Saiph Capital LLC bought a new position in Global Payments in the second quarter valued at $7,269,000. 89.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Robert H. B. Baldwin, Jr. acquired 10,392 shares of the stock in a transaction dated Thursday, December 11th. The stock was bought at an average price of $81.42 per share, with a total value of $846,116.64. Following the completion of the transaction, the director directly owned 59,303 shares of the company’s stock, valued at approximately $4,828,450.26. The trade was a 21.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP David M. Sheffield sold 2,016 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $81.41, for a total transaction of $164,122.56. Following the sale, the executive vice president owned 14,438 shares in the company, valued at approximately $1,175,397.58. The trade was a 12.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.01% of the company’s stock.

Global Payments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, March 9th. 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.