Reading the tape
NYSE: FIS
Fidelity National Information Services, Inc.
Technology · Information Technology Services
Market Cap
$22.48B
52w High
$82.74
52w Low
$43.28
P/E
8.39
Volume
11.31M
Outstanding Shares
516.87M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionHigh confidence
1Y Price: -44.19%Revenue (TTM): 14.4%FCF (TTM): 12.53%P/FCF: 5th pct
What changed
The stock fell 44.19% over the last year. Revenue grew 14.4% over the trailing twelve months. Operating margin moved from 16.7% to 17.01%. Free cash flow grew 12.53% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 5th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 17.01%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide.
CEOStephanie L. Ferris
SectorTechnology
IndustryInformation Technology Services
Employees50,000
IPO dateJun 20, 2001
Valuation
Forward P/E—
EV/EBITDA13.03
Enterprise value$37.77B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth30.13%
Gross margin37.59%▼1.86%vs FY2024
Operating margin17.01%▼2.38%vs FY2024
ROE2.75%▼70.25%vs FY2024
Analyst consensus
RatingBuy
Target price$67.14▲54.34%
22
Buy
14
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 4, 2026
Q3 FY26 · EPS est $1.48 · Revenue est $3.39B
View
Dividends
$1.68/shareQuarterlySafeFIS pays a dividend with a 3.86% declared yield, growing at 2.57% annually, covered 3.3× by free cash flow.
Declared Yield
3.86%
Annual Div / Share
$1.68
TTM $1.64
5yr CAGR
+2.57%
Doubles every ~27.3yr
Payout Ratio
32.16%
Safe
Dividend Growth Rate
3yr CAGR
-5.33%
5yr CAGR
+2.57%
10yr CAGR
+4.91%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.68+10.5%
2025$1.52-13.6%
2024$1.76-11.1%
2023$1.98+15.1%
2022$1.72+16.2%
2021$1.48+5.7%
2020$1.40+4.5%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$39/yr
$3/mo
In 5 yrs
$44/yr+14%
$4/mo
In 10 yrs
$50/yr+29%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$39/yr $3/mo | $44/yr+14% $4/mo | $50/yr+29% $4/mo |
Yield-on-cost grows from 3.86% → 4.98% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 3.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in FIS
STOCK Act disclosures from senators and representatives.
Gilbert Cisneros
CAhouseDemocratPurchase2026-03-13$1,001 - $15,000+26d to disclose