Corpay (NYSE:CPAY) Issues FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 25.500-26.500 for the period, compared to the consensus earnings per share estimate of 24.190. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CPAY. UBS Group reduced their target price on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Williams Trading set a $300.00 price target on shares of Corpay in a research note on Monday, November 3rd. Scotiabank raised shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Morgan Stanley assumed coverage on shares of Corpay in a research note on Monday, January 26th. They issued an “overweight” rating and a $379.00 price target on the stock. Finally, JPMorgan Chase & Co. reduced their price target on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $369.46.

Corpay Stock Performance

NYSE CPAY traded up $7.52 on Wednesday, reaching $299.75. The stock had a trading volume of 1,178,731 shares, compared to its average volume of 604,503. The business’s 50-day moving average price is $311.75 and its 200 day moving average price is $304.49. Corpay has a 12-month low of $252.84 and a 12-month high of $400.81. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market cap of $20.97 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 0.93 and a beta of 0.82.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a return on equity of 37.83% and a net margin of 24.37%.Corpay has set its FY 2026 guidance at 25.500-26.500 EPS. As a group, equities analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insider Activity

In related news, Director Steven T. Stull purchased 8,000 shares of the stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the purchase, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

Several institutional investors and hedge funds have recently made changes to their positions in CPAY. Integrated Wealth Concepts LLC purchased a new position in shares of Corpay during the 1st quarter worth $207,000. Woodline Partners LP increased its stake in Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock valued at $2,054,000 after purchasing an additional 1,661 shares during the last quarter. Intech Investment Management LLC lifted its position in Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock worth $1,165,000 after buying an additional 778 shares during the period. Marshall Wace LLP boosted its stake in Corpay by 128.6% in the 2nd quarter. Marshall Wace LLP now owns 1,600 shares of the company’s stock worth $531,000 after buying an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. boosted its stake in Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the company’s stock worth $554,000 after buying an additional 230 shares during the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

About Corpay

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.