S&P Global - SPGI Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for S&P Global in the last year. There are currently 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SPGI shares.
View SPGI analyst ratings or view top-rated stocks.

16 Wall Street analysts have issued twelve-month price objectives for S&P Global's stock. Their SPGI share price forecasts range from $364.00 to $434.00. On average, they predict the company's stock price to reach $395.06 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for SPGI or view top-rated stocks among Wall Street analysts.

S&P Global's stock was trading at $334.94 at the beginning of the year. Since then, SPGI shares have increased by 10.3% and is now trading at $369.55.
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S&P Global saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 4,020,000 shares, a decrease of 22.2% from the December 15th total of 5,170,000 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is currently 2.3 days.
View S&P Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our SPGI earnings forecast.

S&P Global will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-0185.

S&P Global Inc. (NYSE:SPGI) announced its earnings results on Tuesday, October, 26th. The business services provider reported $3.54 earnings per share for the quarter, beating analysts' consensus estimates of $3.18 by $0.36. The business services provider earned $2.09 billion during the quarter, compared to the consensus estimate of $1.99 billion. S&P Global had a trailing twelve-month return on equity of 12.47% and a net margin of 33.78%. The firm's revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.85 EPS.
Read the conference call transcript.

S&P Global announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Friday, February 24th will be paid a dividend of $0.90 per share on Friday, March 10th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 23rd. This is a boost from the stock's previous quarterly dividend of $0.85.
Read our dividend analysis for SPGI.

S&P Global (NYSE:SPGI) pays an annual dividend of $3.40 per share and currently has a dividend yield of 0.91%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 28.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPGI will have a dividend payout ratio of 28.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPGI.

S&P Global updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $11.00-$11.15 for the period, compared to the consensus EPS estimate of $11.40. The company issued revenue guidance of $10.79B-.

282 employees have rated S&P Global Chief Executive Officer Douglas L. Peterson on Glassdoor.com. Douglas L. Peterson has an approval rating of 95% among the company's employees. This puts Douglas L. Peterson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other S&P Global investors own include NVIDIA (NVDA), Home Depot (HD), Johnson & Johnson (JNJ), Alibaba Group (BABA), Intel (INTC), Adobe (ADBE), PayPal (PYPL), Mastercard (MA), Visa (V) and Walt Disney (DIS).

S&P Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPGI."

S&P Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Parnassus Investments LLC (0.76%), Sustainable Growth Advisers LP (0.52%), Baillie Gifford & Co. (0.48%), Rothschild & Co Wealth Management UK Ltd (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.32%) and Bank Julius Baer & Co. Ltd Zurich (0.20%). Insiders that own company stock include Christopher Craig, Courtney Geduldig, Dimitra Manis, Douglas L Peterson, Ewout L Steenbergen, John L Berisford, Martina Cheung, Nancy Luquette and Steven J Kemps.
View institutional ownership trends.

Shares of SPGI 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 SPGI stock can currently be purchased for approximately $369.55.

S&P Global (NYSE:SPGI) has a market capitalization of $120.40 billion and generates $8.30 billion in revenue each year. The business services provider earns $3.02 billion in net income (profit) each year or $11.96 on an earnings per share basis.

The company employs 22,850 workers across the globe.

S&P Global's mailing address is 55 WATER STREET, NEW YORK NY, 10041. The official website for the company is www.spglobal.com. The business services provider can be reached via phone at (212) 438-1000, via email at investor.relations@spglobal.com, or via fax at 212-512-3840.