Fidelity National Information Services stock gains attention as Piper Sandler starts coverage and ex-dividend date arrives
Published on 09/11/2026 at 14:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fidelity National Information Services stock (ISIN US31620M1062) is drawing investor attention as Piper Sandler initiated coverage with a Neutral rating and a USD 42 price target on September 10, 2026, while the shares trade with a dividend yield of 4.41 percent ahead of a USD 0.44 per-share cash dividend whose ex-dividend date falls on September 11, 2026.
Piper Sandler starts coverage with Neutral rating
As The Fly reported on September 10, 2026, Piper Sandler initiated coverage of Fidelity National Information Services with a Neutral rating and set a 12-month price target of USD 42, positioning FIS within a broader payments and consumer finance group where another stock is highlighted as the firm’s preferred name.
According to MarketBeat on September 11, 2026, Fidelity National Information Services currently carries an average analyst rating of Hold, with a consensus price target of USD 53.46, implying that Piper Sandler’s USD 42 target sits below the broader analyst consensus.
Dividend ex-date and yield add income appeal
Fidelity National Information Services is also in the spotlight for income-focused investors thanks to its upcoming dividend. According to GuruFocus on September 11, 2026, the company recently announced a total dividend of USD 0.44 per share, with the ex-dividend date set for September 11, 2026 and payment scheduled for September 25, 2026.
The same dividend analysis notes that Fidelity National Information Services offers a dividend yield of 4.41 percent with a payout ratio of 28 percent, indicating that just over one quarter of earnings are being returned to shareholders as cash while still leaving room to reinvest in operations.GuruFocus also highlights that dividend growth has declined by 5.2 percent over the past three years, making the current yield attractive but flagging a moderating growth trend.
Valuation signals and price comparison
Beyond income, valuation metrics are a key part of the current discussion around Fidelity National Information Services stock. On September 10, 2026, GuruFocus assessed FIS as trading at a substantial discount to its intrinsic GF Value.
The analysis points out that GF Value for Fidelity National Information Services stands at USD 93.07, while the referenced current share price is USD 38.07, implying an undervaluation of 59.1 percent by that model-based measure.GuruFocus also assigns FIS a GF Score of 62 out of 100, indicating moderate overall quality with room for improvement in valuation and momentum metrics, which investors may weigh against the relatively high yield and discount to GF Value.
Core banking momentum supports operations
Operationally, Fidelity National Information Services has recent momentum in its banking technology offerings. On September 10, 2026, GuruFocus reported that the company announced significant progress in its community and regional banking segment, including advancements in account origination, digital banking and core system modernization.
This operational progress supports the case that Fidelity National Information Services is working to deepen relationships with smaller financial institutions and modernize legacy systems, which could drive incremental revenue and help underpin the dividend. However, investors must balance that with the fact that shares have seen substantial price declines this year; according to Zacks on September 10, 2026, shares of Fidelity National have declined 42.5 percent year to date, sharply underperforming an 11.5 percent fall for the broader industry.
Stock price and market data
For investors tracking the chart, recent price data show Fidelity National Information Services stock trading in the high USD 30 range on the New York Stock Exchange. A MarketScreener overview published on September 11, 2026 cites a last closing price of USD 38.52 for FIS as of the NYSE session that ended on September 10, 2026, with a daily gain of 1.18 percent on that trading day.MarketScreener also reports that the average price objective stands at USD 50.00, which is USD 11.48 above the USD 38.52 closing price and represents an upside of 29.80 percent relative to that close.
Within the same overview, Fidelity National Information Services’ share performance is shown with a negative year-to-date return of 42.04 percent and a five-day change of plus 1.18 percent, suggesting that the stock has only begun to stabilize after a much steeper decline over the course of 2026.MarketScreener further underscores the gap between the last closing price and the average analyst target, which may be one reason why valuation-focused investors are taking a closer look at the shares despite the recent underperformance.
Closing view on Fidelity National Information Services stock
As of the NYSE session ending on September 10, 2026, Fidelity National Information Services stock closed at USD 38.52, leaving it well below both the USD 42 price target set by Piper Sandler and the broader consensus target of USD 50.00, while the fundamental picture combines a 4.41 percent dividend yield, a modest 28 percent payout ratio and operational progress in core banking technology with a sharp 42.5 percent year-to-date share price decline.
Fidelity National Information Services stock at a glance
- Company: Fidelity National Information Services Inc.
- ISIN: US31620M1062
- Ticker: FIS
- Trading venue: NYSE
- Price (as of September 10, 2026): 38.52 USD
- Market capitalization: 22,000,000,000 USD (as of September 10, 2026)
- Sector / Industry: Information Technology / Financial Technology and Services
- Index membership: S&P 500
- Next earnings date: November 5, 2026
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