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

S&P Global (NYSE:SPGI) issued its quarterly 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 return on equity of 13.72% and a net margin of 25.80%. S&P Global updated its FY 2025 guidance to 17.000-17.250 EPS.

S&P Global Stock Performance

NYSE SPGI opened at $514.26 on Tuesday. S&P Global has a 1-year low of $407.69 and a 1-year high of $533.29. The company has a 50 day moving average of $505.85 and a 200-day moving average of $505.78. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. The firm has a market cap of $159.58 billion, a price-to-earnings ratio of 45.39, a PEG ratio of 2.39 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. Shareholders of record on Wednesday, February 26th will be given a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a yield of 0.75%. S&P Global’s payout ratio is 32.13%.

Analyst Ratings Changes

SPGI has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Robert W. Baird boosted their price objective on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Morgan Stanley increased their target price on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Wells Fargo & Company lowered their price target on S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Finally, UBS Group upped their price target on S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $584.54.

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.