S&P Global (SPGI) Projected to Post Earnings on Tuesday

S&P Global (NYSE:SPGI) is expected to be posting its quarterly earnings results before the market opens on Tuesday, February 11th. Analysts expect S&P Global to post earnings of $3.41 per share and revenue of $3.48 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

S&P Global Price Performance

NYSE SPGI opened at $518.53 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global has a 12-month low of $407.69 and a 12-month high of $533.29. The company has a 50 day moving average price of $506.40 and a two-hundred day moving average price of $504.70. The stock has a market capitalization of $160.90 billion, a PE ratio of 45.77, a price-to-earnings-growth ratio of 2.40 and a beta of 1.20.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be given a $0.96 dividend. This is a positive change 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 dividend yield of 0.74%. S&P Global’s dividend payout ratio (DPR) is currently 32.13%.

Analysts Set New Price Targets

SPGI has been the subject of a number of research analyst reports. UBS Group boosted their target price on shares of S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Oppenheimer decreased their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. BMO Capital Markets upped their target price on shares of S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. cut their price objective on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Morgan Stanley lifted their target price on S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and an average target price of $584.54.

About S&P Global

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.