Streetbeat News

FIS

Fidelity National Information Services, Inc.

https://www.fisglobal.com

Industry

Information Technology Services

Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail payment solutions; wealth and retirement solutions; and item processing and output services. The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

Open

87.97

Mkt cap

47B

Volume

2.7M

High

88.61

P/E Ratio

90.54

52-wk high

91.98

Low

86.97

Div yield

0.02

52-wk low

53.79

Fidelity National Info (NYSE:FIS) has seen a 12.75% increase in short interest since the last report, with 9.92 million shares sold short, representing 1.68% of available shares. The short interest is below the peer group average of 6.00%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 8:30 pm

BlackRock (BLK), Fidelity (FIS), and WisdomTree (WT) have named Jane Street Capital and JPMorgan Securities (JPM) as authorized participants for their upcoming Bitcoin ETFs, pending SEC approval. Jane Street is also selected by Valkyrie for a similar role. The SEC had set a deadline of Dec. 29 for final amendments, with early January as the potential approval window for Bitcoin ETFs. Invesco is also in the race, offering to waive fees for its Bitcoin ETF.

Portfolio Pulse from Benzinga Neuro

December 30, 2023 | 2:43 am

Alchemy Pay has partnered with Worldpay, a U.K.-based payment provider, to facilitate the purchase of cryptocurrencies using Visa and Mastercard payment rails. This collaboration aims to bridge traditional finance with the Web3 economy, making digital assets and NFTs more accessible. Worldpay, which was acquired by FIS in 2019 and recently sold a majority stake to GTCR, processes over 130 million transactions daily and has partnerships with several major crypto entities.

Portfolio Pulse from Khyathi Dalal

December 19, 2023 | 9:51 pm

Fidelity National Information Services Inc. (FIS) stock opened at $57.86 and has dropped 16.43% year-to-date. FIS has a 52-week price range of $46.91 to $79.32 and offers a quarterly dividend of $0.52 per share, with a dividend yield of approximately 3.77%. To earn $1,000 per month from dividends, an investment of about $318,302 is required, equating to 5,502 shares at the current price. The article explains how dividend yield is calculated and its relation to stock price fluctuations.

Portfolio Pulse from Shankar Iyer

December 19, 2023 | 6:00 pm

JCB International has expanded its partnership with Worldpay from FIS, enabling JCB Contactless payments at Worldpay merchants using Ingenico terminals in the UK. This marks the largest contactless deployment in the region, allowing JCB cardmembers to make tap-and-go payments.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 6:51 am

Fidelity National Info (NYSE:FIS) has seen a 12.88% increase in short interest since the last report, with 8.83 million shares sold short, representing 1.49% of available shares. The short interest ratio is 1.62 days to cover. While an increase in short interest can indicate bearish sentiment, FIS has less short interest compared to its peer group average of 6.07%. The rise in short interest doesn't necessarily predict a stock price fall, but it suggests traders are more bearish on FIS.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 4:45 pm

Fidelity has listed its Spot Bitcoin ETF, FBTC, on the DTCC, with the SEC closely monitoring the approval process. BlackRock's iShares spot Bitcoin ETF and Grayscale's application are also under SEC review, with a decision window from Jan. 5 to Jan. 10, 2024. The market anticipates approval, which could further boost Bitcoin prices. Fidelity also applied for a spot Ethereum ETF. Negative sentiments around Bitcoin were expressed by Senator Elizabeth Warren and JPMorgan CEO Jamie Dimon, citing its use in illegal activities.

Portfolio Pulse from Khyathi Dalal

December 08, 2023 | 4:50 pm

Fidelity National Information Services Inc. (NYSE:FIS) stock is trading at $57.56, up about 19% in the last month but still near the lower end of its 52-week range. The company has a dividend yield of 3.77%, with $926 million in dividends paid from January to September, an 8% increase from the previous year. To earn $500 per month from dividends, an investment of approximately $159,151 is required, equating to 2,765 shares. Dividend yield calculations should consider potential changes in stock prices and company dividend policies.

Portfolio Pulse from Shankar Iyer

December 01, 2023 | 4:27 pm

Truist Securities analyst Andrew Jeffrey maintains a 'Hold' rating on Fidelity National Info (FIS) and raises the price target from $50 to $55.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:51 pm

Raymond James analyst John Davis maintains a Strong Buy rating on Fidelity National Info (FIS), but has lowered the price target from $79 to $71.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:33 pm

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