Fidelity National Information Services (FIS) Expected to Announce Earnings on Tuesday

Fidelity National Information Services (NYSE:FIS) is anticipated to announce its earnings results before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $2.63 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Fidelity National Information Services Stock Up 0.7 %

Fidelity National Information Services stock opened at $83.41 on Monday. The firm has a market cap of $44.90 billion, a price-to-earnings ratio of 33.23, a price-to-earnings-growth ratio of 0.63 and a beta of 1.04. Fidelity National Information Services has a 52 week low of $60.39 and a 52 week high of $91.98. The business’s 50-day moving average price is $81.38 and its 200 day moving average price is $82.85. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be given a $0.40 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.92%. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.36. Fidelity National Information Services’s dividend payout ratio is 57.37%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on FIS shares. Raymond James downgraded Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $115.00 to $101.00 in a research report on Monday, January 6th. UBS Group lifted their price target on shares of Fidelity National Information Services from $80.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upped their price objective on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Stephens lifted their target price on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Finally, Compass Point started coverage on shares of Fidelity National Information Services in a research note on Wednesday, November 20th. They issued a “buy” rating and a $126.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and an average price target of $92.00.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 701 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were acquired at an average cost of $79.97 per share, with a total value of $56,058.97. Following the acquisition, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. The trade was a 6.74 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lenore D. Williams sold 11,305 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the transaction, the executive vice president now directly owns 32,199 shares in the company, valued at $2,832,546.03. The trade was a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.