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

S&P Global (NYSE:SPGI) posted its quarterly earnings data on Tuesday. The business services provider reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates 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%. During the same quarter in the previous year, the company posted $3.13 EPS. S&P Global updated its FY 2025 guidance to 17.000-17.250 EPS.

S&P Global Stock Performance

Shares of SPGI opened at $530.93 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a fifty day moving average of $506.13 and a 200-day moving average of $506.36. The company has a market cap of $164.75 billion, a price-to-earnings ratio of 46.86, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. S&P Global has a 1 year low of $407.69 and a 1 year high of $542.00.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.72%. This is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) is 32.13%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of S&P Global from $595.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday. StockNews.com upgraded S&P Global from a “hold” rating to a “buy” rating in a research note on Wednesday. BMO Capital Markets increased their price objective on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on shares of S&P Global from $617.00 to $633.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Robert W. Baird lifted their target price on S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $586.85.

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.