S&P Global (SPGI) to Release Quarterly Earnings on Tuesday

S&P Global (NYSE:SPGI - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $4.23 per share and revenue of $3.72 billion for the quarter. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.36. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. During the same quarter last year, the firm earned $3.13 EPS. On average, analysts expect S&P Global to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

S&P Global Price Performance

Shares of SPGI opened at $448.89 on Tuesday. S&P Global has a fifty-two week low of $407.69 and a fifty-two week high of $545.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $140.88 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26. The firm's 50-day simple moving average is $497.69 and its two-hundred day simple moving average is $504.02.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Wednesday, February 26th. This is an increase from S&P Global's previous quarterly dividend of $0.91. S&P Global's dividend payout ratio is currently 31.09%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in S&P Global stock. Brighton Jones LLC lifted its stake in S&P Global Inc. (NYSE:SPGI - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,176 shares of the business services provider's stock after purchasing an additional 143 shares during the quarter. Brighton Jones LLC's holdings in S&P Global were worth $1,582,000 at the end of the most recent reporting period. Institutional investors own 87.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. UBS Group raised their price target on shares of S&P Global from $610.00 to $640.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Oppenheimer dropped their target price on shares of S&P Global from $590.00 to $580.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. StockNews.com lowered shares of S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Wells Fargo & Company dropped their price target on S&P Global from $633.00 to $607.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Bank of America began coverage on S&P Global in a research report on Thursday, April 10th. They set a "buy" rating and a $600.00 price objective for the company. 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 data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $591.86.

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.

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