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

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

16 brokers have issued 1-year price targets for S&P Global's stock. Their SPGI share price forecasts range from $364.00 to $434.00. On average, they anticipate the company's stock price to reach $395.19 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
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S&P Global's stock was trading at $471.93 at the start of the year. Since then, SPGI shares have decreased by 25.7% and is now trading at $350.50.
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S&P Global saw a decline in short interest in October. As of October 31st, there was short interest totaling 3,930,000 shares, a decline of 41.9% from the October 15th total of 6,760,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 2.2 days.
View S&P Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our SPGI earnings forecast.

S&P Global Inc. (NYSE:SPGI) issued its earnings results on Thursday, October, 27th. The business services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.79 by $0.14. The business services provider earned $2.86 billion during the quarter, compared to the consensus estimate of $2.91 billion. S&P Global had a trailing twelve-month return on equity of 12.47% and a net margin of 33.78%.
Read the conference call transcript.

S&P Global announced a quarterly dividend on Wednesday, September 28th. Investors of record on Monday, November 28th will be given a dividend of $0.85 per share on Monday, December 12th. This represents a $3.40 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Friday, November 25th.
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 0.97%. The company has been increasing its dividend for 49 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 26.42% 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 EPS guidance of $11.00-$11.15 for the period, compared to the consensus earnings per share 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.98%), BlackRock Inc. (8.53%), State Street Corp (4.71%), Edgewood Management LLC (1.33%), Price T Rowe Associates Inc. MD (1.12%) and Bank of New York Mellon Corp (0.89%). Insiders that own company stock include 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 $350.50.

S&P Global (NYSE:SPGI) has a market capitalization of $114.19 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.