Corpay, Inc. (CPAY)

NYSE: CPAY · IEX Real-Time Price · USD
303.80
+1.72 (0.57%)
At close: Apr 26, 2024, 4:00 PM
298.62
-5.18 (-1.71%)
After-hours: Apr 26, 2024, 7:49 PM EDT
0.57%
Market Cap 21.83B
Revenue (ttm) 3.76B
Net Income (ttm) 981.89M
Shares Out 71.85M
EPS (ttm) 13.20
PE Ratio 23.02
Forward PE 15.34
Dividend n/a
Ex-Dividend Date n/a
Volume 253,683
Open 302.62
Previous Close 302.08
Day's Range 300.97 - 305.90
52-Week Range 204.04 - 319.94
Beta 1.22
Analysts Strong Buy
Price Target 360.25 (+18.58%)
Earnings Date May 8, 2024

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 4 analysts, the average rating for CPAY stock is "Strong Buy." The 12-month stock price forecast is $360.25, which is an increase of 18.58% from the latest price.

Price Target
$360.25
(18.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Spirit Airlines Optimizes Baggage Operations and Reduces Costs with TA Ramp

MIAMI--(BUSINESS WIRE)--TA Connections advanced camera scanning technology has transformed the baggage ramp for Spirit Airlines Service Agents.

Other symbols: SAVE
4 days ago - Business Wire

Corpay to Announce First Quarter 2024 Results on May 8, 2024

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

5 days ago - Business Wire

3 Standout Small/Midcap Stocks in Active ETF TMSL

Is now the time to add midcap stocks to investor portfolios? The “Magnificent Seven” may have devolved into something more of a Fab Four, but diversification among large caps doesn't diminish the case...

Other symbols: TMSLFTITXT
22 days ago - ETF Trends

Corpay Cross-Border Appoints Oliver Morris as new Head of Institutional Fund Services, EMEA

TORONTO--(BUSINESS WIRE)--Corpay1 (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has appointed private equity and fund administration i...

4 weeks ago - Business Wire

FLEETCOR Announces Rebranding to Corpay

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT) (“the Company”) a leading global payments Company, announced today it has rebranded the Company Corpay, Inc. The name change better re...

4 weeks ago - Business Wire

FLEETCOR Invests in Brazilian Vehicle Payments Company

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the closing of a majority investment in Zapay. The investment further sca...

7 weeks ago - Business Wire

FLEETCOR to Participate in Upcoming Investor Conferences

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced that the Company will participate in the following investor conferences: ...

2 months ago - Business Wire

Tiger Global slashes stakes in Magnificent Seven while piling into semiconductor makers

Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct...

2 months ago - Market Watch

Business payments firm Fleetcor profit rises on higher spending

Business payments firm Fleetcor Technologies posted a 9% jump in its fourth-quarter adjusted profit on Wednesday, helped by higher spending from its customers.

2 months ago - Reuters

FLEETCOR® Upsizes Credit Facility by $600 million; Establishing 10b5-1 Plan to Repurchase Shares

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced that it successfully closed on an amendment to its pro rata Term Loan A a...

2 months ago - Business Wire

FLEETCOR® Reports Fourth Quarter and Full Year 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its fourth quarter and year ended December 31, 2023....

2 months ago - Business Wire

FLEETCOR Technologies to Announce Fourth Quarter and Fiscal Year 2023 Results on February 7, 2024

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company (“FLEETCOR”), today announced that the Company will host a conference call to discuss four...

3 months ago - Business Wire

Corpay Cross-Border Named the Official FX Partner for Cricket Ireland

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with C...

3 months ago - Business Wire

Corpay Cross-Border Expands Global Presence with a New Office in Chennai, India

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is thrilled to announce the latest expansion of Corpay's Cross-Border business with the opening...

4 months ago - Business Wire

Corpay Cross-Border Appoints Andrew Shortreid as new SVP Global Institutional Sales

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay's Cross-Border business has appointed investment management ...

4 months ago - Business Wire

Corpay Cross-Border Appoints Roy Farah as new SVP Global Payment Solutions

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay's Cross-Border business has appointed industry veteran, Roy ...

5 months ago - Business Wire

REVEEL PARTNERS WITH CORPAY TO STREAMLINE INVOICING AND PAYMENT PROCESSES FOR PARCEL SHIPPING OPERATIONS

Key partnership enables customers to unlock financial excellence with Reveel + Corpay IRVINE, Calif. , Nov. 9, 2023 /PRNewswire/ -- Reveel, whose Shipping Intelligence™ platform enables companies to l...

6 months ago - PRNewsWire

FLEETCOR Reports Third Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its third quarter ended September 30, 2023. “We repo...

6 months ago - Business Wire

FLEETCOR® Acquires PayByPhone, a Global Digital Parking Company

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payme...

6 months ago - Business Wire

Corpay Cross-Border Launches Risk Visualizer, Transforming FX Risk Management

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is excited to announce that Corpay's Cross-Border business has launched Risk Visualizer, a revo...

6 months ago - Business Wire

FLEETCOR Technologies to Announce Third Quarter 2023 Results on November 8, 2023

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company (“FLEETCOR”), today announced that the Company will host a conference call to discuss thir...

6 months ago - Business Wire

Final Trades: UPS, Oracle, Seagate & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ORCLSTXUPS
8 months ago - CNBC Television

Corpay Cross-Border Launches Payments GPS for Live Payment Tracking

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is proud to announce that Corpay's Cross-Border business has launched Payments GPS, a proprieta...

8 months ago - Business Wire

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club

TORONTO--(BUSINESS WIRE)--Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with A...

8 months ago - Business Wire

Final Trades: Freeport-McMoran, gold & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: FCXGLD
8 months ago - CNBC Television