Corpay, Inc. (CPAY)

NYSE: CPAY · Real-Time Price · USD
343.83
+4.74 (1.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.40%
Market Cap 23.97B
Revenue (ttm) 3.88B
Net Income (ttm) 1.01B
Shares Out 69.71M
EPS (ttm) 14.01
PE Ratio 24.54
Forward PE 16.08
Dividend n/a
Ex-Dividend Date n/a
Volume 723,624
Open 335.88
Previous Close 339.09
Day's Range 334.70 - 345.93
52-Week Range 247.10 - 385.30
Beta 1.25
Analysts Buy
Price Target 383.55 (+11.55%)
Earnings Date Feb 5, 2025

About CPAY

Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border soluti... [Read more]

Sector Technology
IPO Date Dec 15, 2010
Employees 10,500
Stock Exchange NYSE
Ticker Symbol CPAY
Full Company Profile

Financial Performance

In 2023, Corpay's revenue was $3.76 billion, an increase of 9.65% compared to the previous year's $3.43 billion. Earnings were $981.89 million, an increase of 2.89%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CPAY stock is "Buy." The 12-month stock price forecast is $383.55, which is an increase of 11.55% from the latest price.

Price Target
$383.55
(11.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Corpay Cross-Border Named the Global FX Partner of UFC

TORONTO--(BUSINESS WIRE)--Corpay, Inc.* (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with UFC, the worl...

11 days ago - Business Wire

Corpay Announces Chief Financial Officer Leaving March 2025 With Plans to Join a Not-For-Profit Organization

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company announced today its Chief Financial Officer (“CFO”), Tom Panther, will be leaving effective March 15, 2...

19 days ago - Business Wire

Corpay Completes Cross-Border Payments Acquisition

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions p...

19 days ago - Business Wire

Investment and Growth Planned for Point of Sale at Truck Stops as PDI Technologies Acquires Comdata Merchant Solutions

Comdata retains fuel card and payment acceptance business serving commercial fleets ATLANTA , Dec. 2, 2024 /PRNewswire/ -- PDI Technologies, a global leader delivering powerful solutions and insights ...

19 days ago - PRNewsWire

Corpay Cross-Border Extends Partnership with World Aquatics

TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a multi-year agreement to exten...

4 weeks ago - Business Wire

Corpay to Participate in Upcoming Investor Conferences

ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a corporate payments company, today announced that the Company will participate in the following investor conferences: On Wednesday, November 13, 2...

6 weeks ago - Business Wire

Corpay, Inc. (CPAY) Q3 2024 Earnings Call Transcript

Corpay, Inc. (NYSE:CPAY) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jim Eglseder - Head, Investor Relations Ron Clarke - Chairman & Chief Executive Officer Tom ...

6 weeks ago - Seeking Alpha

Business payments firm Corpay's profit rises on higher corporate spending

Business payments firm Corpay posted a 6% jump in its third-quarter adjusted profit on Thursday, driven by growth in its corporate and vehicle payments segments.

6 weeks ago - Reuters

Corpay Reports Third Quarter 2024 Financial Results

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its third quarter ended September 30, 2024. “We surpassed $1 billion in quarterl...

6 weeks ago - Business Wire

Corpay Announces Preliminary Third Quarter 2024 Financial Results

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today announced certain preliminary financial results for its third quarter ended September 30, 2024. Preliminary Fin...

7 weeks ago - Business Wire

Corpay to Announce Third Quarter 2024 Results on November 7, 2024

ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global corporate payments company, today announced that the Company will host a conference call to discuss third quarter 2024 financial results o...

2 months ago - Business Wire

JPMorgan Chase & Co's Strategic Acquisition of Corpay Inc Shares

On September 30, 2024, JPMorgan Chase & Co, a leading global financial services firm, expanded its investment portfolio by acquiring an additional 1,183 shares of Corpay Inc (CPAY, Financial). This tr...

2 months ago - GuruFocus

Why Investors Are Eyeing Corpay Inc (CPAY): The Key Drivers of Market Outperformance and Growth

Corpay Inc (CPAY, Financial) has recently captured the attention of investors and financial analysts, thanks to its strong financial performance and promising growth prospects. With a current share pr...

2 months ago - GuruFocus

Corpay Inc (CPAY)'s Winning Formula: Financial Metrics and Competitive Strengths

Corpay Inc (CPAY, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current sh...

2 months ago - GuruFocus

Corpay Names Chief Revenue Officer to Lead Newly Combined U.S. Sales Organization

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established ro...

2 months ago - Business Wire

Corpay Cross-Border Joins the AbbeyCross ABX Platform to Provide FX Payments to Emerging Markets

TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a strategic partnership with Ab...

2 months ago - Business Wire

Corpay Named to the TIME World's Best Companies 2024 Rankings

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global corporate payments company, was recently named to the TIME World's Best Companies 2024 rankings. This award is presented by TIME and Stati...

3 months ago - Business Wire

Corpay's Q2 Success: Payment Powerhouse Poised For Global Growth

Corpay, Inc. is poised for growth, driven by smart acquisitions, expanding payment solutions, and strong performance in Corporate Payments and international markets. Q2 2024 earnings highlight a 7% re...

4 months ago - Seeking Alpha

Corpay Cross-Border Named the Official FX Partner of Manchester City

TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the current P...

4 months ago - Business Wire

Corpay Earns 2024 Great Place to Work Certification™

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global corporate payments company, is proud to be Certified™ by Great Places to Work® for 2024. The prestigious award is determined by what curre...

4 months ago - Business Wire

Lobyco Announces Strategic 5-Year Partnership With Australian United Retailers to Enhance Loyalty and Promotions Capabilities

COPENHAGEN, Denmark--(BUSINESS WIRE)--Lobyco Announces Strategic 5-Year Partnership with Australian United Retailers to Enhance Loyalty and Promotions Capabilities.

4 months ago - Business Wire

Soccer Shots Announces Exciting New Partnership with Tree Top, Inc.

MIDDLETOWN, Pa.--(BUSINESS WIRE)--Tree Top, Inc. becomes the Official Apple Juice and Fruit Snack Partner of Soccer Shots, the leading youth soccer program for kids aged 2 - 8.

4 months ago - Business Wire

Adjust Finds Shopping App Installs Rose 61% YoY Globally in H1

SAN FRANCISCO--(BUSINESS WIRE)--Leading measurement and analytics company Adjust released The shopping app insights report to prepare mobile marketers for the Q4 shopping season.

4 months ago - Business Wire

Corpay, Inc. (CPAY) Q2 2024 Earnings Call Transcript

Corpay, Inc. (NYSE:CPAY) Q2 2024 Results Conference Call August 7, 2024 5:30 PM ET Company Participants Jim Eglseder - Investor Relations Ron Clarke - Chairman & Chief Executive Officer Tom Panther -...

4 months ago - Seeking Alpha

Corpay Reports Second Quarter 2024 Financial Results

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its second quarter ended June 30, 2024. “Our results were slightly ahead of our ...

4 months ago - Business Wire