B. Riley Issues Negative Estimate for Spok Earnings

Spok Holdings, Inc. (NASDAQ:SPOK) – B. Riley decreased their Q1 2025 earnings per share (EPS) estimates for Spok in a report released on Thursday, February 27th. B. Riley analyst K. Bauser now anticipates that the Wireless communications provider will earn $0.18 per share for the quarter, down from their previous forecast of $0.21. B. Riley currently has a “Buy” rating and a $20.00 price objective on the stock. The consensus estimate for Spok’s current full-year earnings is $0.76 per share. B. Riley also issued estimates for Spok’s FY2026 earnings at $0.80 EPS.

Spok (NASDAQ:SPOK) last announced its earnings results on Wednesday, February 26th. The Wireless communications provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). Spok had a return on equity of 9.20% and a net margin of 10.66%. The company had revenue of $33.89 million for the quarter, compared to analyst estimates of $35.50 million.

Spok Stock Up 2.4 %

Shares of NASDAQ:SPOK opened at $16.94 on Friday. The firm has a market cap of $343.41 million, a price-to-earnings ratio of 23.21 and a beta of 0.33. Spok has a 12 month low of $13.24 and a 12 month high of $18.14. The company’s fifty day simple moving average is $16.21 and its 200 day simple moving average is $15.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Larson Financial Group LLC bought a new stake in Spok in the 3rd quarter valued at approximately $26,000. New Age Alpha Advisors LLC acquired a new stake in shares of Spok in the fourth quarter valued at approximately $34,000. BNP Paribas Financial Markets lifted its position in shares of Spok by 18.9% in the third quarter. BNP Paribas Financial Markets now owns 3,837 shares of the Wireless communications provider’s stock worth $58,000 after purchasing an additional 609 shares in the last quarter. Legal & General Group Plc boosted its holdings in Spok by 57.8% during the fourth quarter. Legal & General Group Plc now owns 5,546 shares of the Wireless communications provider’s stock worth $89,000 after purchasing an additional 2,031 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in Spok by 30.8% in the fourth quarter. Lazard Asset Management LLC now owns 5,868 shares of the Wireless communications provider’s stock valued at $94,000 after purchasing an additional 1,383 shares in the last quarter. 50.81% of the stock is owned by institutional investors and hedge funds.

Spok Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 7.38%. The ex-dividend date is Friday, March 14th. Spok’s dividend payout ratio is 168.92%.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.