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 1-year price targets for Spok's shares. Their SPOK share price forecasts range from $15.00 to $15.00. On average, they expect the company's share price to reach $15.00 in the next year. This suggests a possible upside of 25.3% 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 at the beginning of the year. Since then, SPOK shares have increased by 46.2% and is now trading at $11.97.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our SPOK earnings forecast.

Spok Holdings, Inc. (NASDAQ:SPOK) issued its quarterly earnings results on Wednesday, April, 29th. The Wireless communications provider reported ($0.24) earnings per share for the quarter. The Wireless communications provider had revenue of $37.27 million for the quarter. Spok had a trailing twelve-month return on equity of 6.89% and a net margin of 24.04%.

Spok announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Thursday, May 25th will be paid a dividend of $0.313 per share on Friday, June 23rd. This represents a $1.25 dividend on an annualized basis and a yield of 10.46%. The ex-dividend date is Wednesday, May 24th.
Read our dividend analysis for SPOK.

Formidable ETF holds 56,430 shares of SPOK stock, representing 1.90% of its portfolio.

Spok (NASDAQ:SPOK) pays an annual dividend of $1.25 per share and currently has a dividend yield of 10.37%. 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 77.64%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SPOK.

Spok updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $131.00 million-$137.50 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 a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.10%), Dimensional Fund Advisors LP (4.30%), HighTower Advisors LLC (2.78%), Foundry Partners LLC (2.68%), Arrowstreet Capital Limited Partnership (2.33%) and BlackRock Inc. (2.12%). 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.
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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 $11.97.

Spok (NASDAQ:SPOK) has a market capitalization of $238.80 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 $1.61 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.