S&P Global (NYSE:SPGI) Issues Earnings Results

S&P Global (NYSE:SPGI) posted its earnings results on Tuesday. The business services provider reported $3.77 EPS for the quarter, topping the consensus estimate of $3.41 by $0.36, Zacks reports. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. During the same period in the prior year, the business earned $3.13 earnings per share. S&P Global updated its FY 2025 guidance to 17.000-17.250 EPS.

S&P Global Trading Down 1.8 %

Shares of SPGI opened at $530.93 on Thursday. The firm has a market cap of $164.75 billion, a price-to-earnings ratio of 46.86, a PEG ratio of 2.39 and a beta of 1.20. S&P Global has a fifty-two week low of $407.69 and a fifty-two week high of $542.00. The firm has a 50 day moving average price of $506.13 and a 200-day moving average price of $506.36. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be given a dividend of $0.96 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.72%. S&P Global’s dividend payout ratio (DPR) is presently 32.13%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SPGI. Robert W. Baird boosted their target price on S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Wells Fargo & Company lifted their price target on S&P Global from $617.00 to $633.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley raised their price target on shares of S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday. BMO Capital Markets boosted their target price on S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Finally, Stifel Nicolaus upped their target price on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $586.85.

S&P Global Company Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.