S&P Global (NYSE:SPGI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 17.000-17.250 for the period, compared to the consensus EPS estimate of 16.920. The company issued revenue guidance of $14.9 billion-$15.2 billion, compared to the consensus revenue estimate of $15.0 billion.
Wall Street Analysts Forecast Growth
SPGI has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Stifel Nicolaus lifted their price objective on S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Oppenheimer decreased their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. BMO Capital Markets lifted their price target on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Finally, Citigroup started coverage on shares of S&P Global in a report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $584.54.
Read Our Latest Stock Report on S&P Global
S&P Global Price Performance
S&P Global (NYSE:SPGI – Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. During the same period in the prior year, the firm earned $3.13 earnings per share. As a group, analysts anticipate that S&P Global will post 15.34 earnings per share for the current year.
S&P Global Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 annualized dividend and a yield of 0.71%. S&P Global’s dividend payout ratio (DPR) is presently 32.13%.
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.
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