Spok - SPOK Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spok in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SPOK shares.
View SPOK analyst ratings or view top-rated stocks.

1 brokers have issued 12-month price targets for Spok's stock. Their SPOK share price forecasts range from $15.00 to $15.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 50.3% from the stock's current price.
View analysts price targets for SPOK or view top-rated stocks among Wall Street analysts.

Spok's stock was trading at $8.19 on January 1st, 2023. Since then, SPOK shares have increased by 21.9% and is now trading at $9.98.
View the best growth stocks for 2023 here.

Spok saw a increase in short interest in March. As of March 15th, there was short interest totaling 126,800 shares, an increase of 67.9% from the February 28th total of 75,500 shares. Based on an average daily volume of 188,000 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the stock are short sold.
View Spok's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our SPOK earnings forecast.

Spok Holdings, Inc. (NASDAQ:SPOK) issued its quarterly earnings data on Wednesday, April, 29th. The Wireless communications provider reported ($0.24) EPS for the quarter. The Wireless communications provider earned $37.27 million during the quarter. Spok had a net margin of 16.25% and a trailing twelve-month return on equity of 2.75%.

Spok declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Thursday, March 16th will be paid a dividend of $0.313 per share on Thursday, March 30th. This represents a $1.25 annualized dividend and a dividend yield of 12.55%. The ex-dividend date is Wednesday, March 15th.
Read our dividend analysis for SPOK.

Formidable ETF holds 53,238 shares of SPOK stock, representing 1.91% of its portfolio.

Spok (NASDAQ:SPOK) pays an annual dividend of $1.25 per share and currently has a dividend yield of 12.43%. SPOK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 114.68%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SPOK.

Spok issued an update on its FY 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $129.00 million-$136.50 million, compared to the consensus revenue estimate of $131.30 million.

57 employees have rated Spok Chief Executive Officer Vince Kelly on Glassdoor.com. Vince Kelly has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Spok investors own include Main Street Capital (MAIN), Pure Storage (PSTG), QUALCOMM (QCOM), Vector Group (VGR), Pfizer (PFE), Zynga (ZNGA), Amyris (AMRS), Boeing (BA), Enterprise Products Partners (EPD) and General Motors (GM).

Spok trades on the NASDAQ under the ticker symbol "SPOK."

Spok's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.56%), Dimensional Fund Advisors LP (5.39%), Man Group plc (3.38%), Arrowstreet Capital Limited Partnership (2.12%), Penn Mutual Asset Management LLC (2.04%) and Two Sigma Investments LP (1.80%). Insiders that own company stock include Barbara Peterson Byrne, Brian Oreilly, Calvin Rice, Christine Cournoyer, Matthew Oristano, Michael W Wallace, Randy Hyun, Todd J Stein and Vincent D Kelly.
View institutional ownership trends.

Shares of SPOK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SPOK stock can currently be purchased for approximately $9.98.

Spok (NASDAQ:SPOK) has a market capitalization of $199.60 million and generates $134.53 million in revenue each year. The Wireless communications provider earns $21.86 million in net income (profit) each year or $1.09 on an earnings per share basis.

The company employs 563 workers across the globe.

Spok's mailing address is 6850 VERSAR CENTER SUITE 420, SPRINGFIELD VA, 22151. The official website for the company is www.spok.com. The Wireless communications provider can be reached via phone at (800) 611-8488, via email at al.galgano@spok.com, or via fax at 508-836-3626.