S&P Global (NYSE:SPGI - Get Free Report) will likely 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 $3.50 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
S&P Global Stock Performance
SPGI traded down $0.04 during midday trading on Wednesday, reaching $513.65. The company had a trading volume of 1,420,868 shares, compared to its average volume of 1,275,959. The business has a 50-day moving average of $506.19 and a two-hundred day moving average of $505.17. The company has a market cap of $159.39 billion, a P/E ratio of 45.34, a P/E/G ratio of 2.40 and a beta of 1.20. 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 1 year low of $407.69 and a 1 year high of $533.29.
S&P Global Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. This is a boost from S&P Global's previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.75%. S&P Global's payout ratio is 32.13%.
Analyst Ratings Changes
SPGI has been the subject of several research analyst reports. Morgan Stanley increased 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. JPMorgan Chase & Co. dropped 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 note on Friday, October 25th. Citigroup started coverage on shares of S&P Global in a research report on Friday, December 20th. They set a "buy" rating and a $600.00 target price on the stock. Stifel Nicolaus raised their price target on S&P Global from $540.00 to $560.00 and gave the stock a "buy" rating in a research report on Monday, October 28th. Finally, UBS Group increased their target price on shares of S&P Global from $605.00 to $610.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, S&P Global currently has an average rating of "Moderate Buy" and an average price target of $584.54.
Get Our Latest Stock Analysis on S&P Global
S&P Global Company Profile
(
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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.
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