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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom

S&P Global (SPGI) Stock Price, News & Analysis

$412.11
+3.55 (+0.87%)
(As of 04/17/2024 ET)
Today's Range
$409.51
$413.94
50-Day Range
$408.57
$438.27
52-Week Range
$338.92
$461.16
Volume
844,576 shs
Average Volume
1.31 million shs
Market Capitalization
$131.98 billion
P/E Ratio
50.07
Dividend Yield
0.88%
Price Target
$464.22

S&P Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
12.6% Upside
$464.22 Price Target
Short Interest
Healthy
0.53% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.70mentions of S&P Global in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$2.55 M Sold Last Quarter
Proj. Earnings Growth
13.77%
From $14.02 to $15.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Business Services Sector

4th out of 305 stocks

Consumer Credit Reporting Agencies, Mercantile Reporting Agencies, Industry

1st out of 5 stocks

SPGI stock logo

About S&P Global Stock (NYSE:SPGI)

S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments. The S&P Global Market Intelligence segment offers multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Desktop, a product suite that provides data, analytics, and third-party research; Data and Advisory Solutions for research, reference data, market data, derived analytics, and valuation services; Enterprise Solutions, software and workflow solutions; and Credit & Risk Solutions for selling Ratings' credit ratings and related data and research. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. The S&P Global Commodity Insights segment provides information and benchmark prices for the commodity and energy markets. The S&P Global Mobility segment provides solutions serving the full automotive value chain, including vehicle manufacturers (OEMs), automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The S&P Dow Jones Indices segment is an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. The S&P Global Engineering Solutions segment offers engineering standards and related technical knowledge, including product design to provide information and insight to design products, optimize engineering projects and outcomes, solve technical problems, and address complex supply chain issues. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

SPGI Stock Price History

SPGI Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Barclays Reaffirms Their Buy Rating on S&P Global (SPGI)
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/12 Dividend
2/26/2024
Dividend Payable
3/12/2024
Today
4/17/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Consumer credit reporting agencies, mercantile reporting agencies,
Sub-Industry
N/A
Employees
40,450
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$464.22
High Stock Price Target
$520.00
Low Stock Price Target
$415.00
Potential Upside/Downside
+12.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$2.63 billion
Pretax Margin
29.38%

Debt

Sales & Book Value

Annual Sales
$12.50 billion
Cash Flow
$16.54 per share
Book Value
$109.20 per share

Miscellaneous

Free Float
319,937,000
Market Cap
$131.98 billion
Optionable
Optionable
Beta
1.15

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Should I Buy S&P Global Stock? SPGI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in S&P Global Inc.:

  • S&P Global Inc. provides credit ratings, benchmarks, analytics, and workflow solutions in global markets, offering diversified exposure to various sectors.
  • The company operates through multiple segments, including S&P Global Market Intelligence and S&P Dow Jones Indices, providing a wide range of services to clients.
  • Recent developments in the company's offerings have shown resilience and adaptability to changing market conditions, enhancing investor confidence.
  • With a strong reputation in the industry, S&P Global Inc. is well-positioned to capitalize on emerging opportunities and navigate market challenges effectively.
  • Considering the current stock price and market performance, S&P Global Inc. presents a compelling investment opportunity for growth-oriented investors.

Cons

Investors should be bearish about investing in S&P Global Inc. for these reasons:

  • Market volatility and regulatory changes could impact the company's operations and financial performance, leading to uncertainties for investors.
  • Competition in the financial services industry is intense, which may pose challenges for S&P Global Inc. to maintain its market position and pricing power.
  • External factors such as economic downturns or geopolitical events could influence the company's revenue streams and profitability, affecting investor returns.
  • Investing in S&P Global Inc. requires a thorough understanding of the financial markets and the company's products, which may not be suitable for all types of investors.
  • While the company has shown resilience, investors should carefully assess risks associated with market dynamics and regulatory changes before making investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these S&P Global pros and cons to contact@marketbeat.com.

SPGI Stock Analysis - Frequently Asked Questions

Should I buy or sell S&P Global stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for S&P Global in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SPGI shares.
View SPGI analyst ratings
or view top-rated stocks.

What is S&P Global's stock price target for 2024?

11 brokers have issued 12-month target prices for S&P Global's stock. Their SPGI share price targets range from $415.00 to $520.00. On average, they expect the company's share price to reach $464.22 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
View analysts price targets for SPGI
or view top-rated stocks among Wall Street analysts.

How have SPGI shares performed in 2024?

S&P Global's stock was trading at $440.52 at the start of the year. Since then, SPGI shares have decreased by 6.4% and is now trading at $412.11.
View the best growth stocks for 2024 here
.

Are investors shorting S&P Global?

S&P Global saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,710,000 shares, a decrease of 29.3% from the March 15th total of 2,420,000 shares. Based on an average trading volume of 1,350,000 shares, the short-interest ratio is currently 1.3 days.
View S&P Global's Short Interest
.

When is S&P Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SPGI earnings forecast
.

How can I listen to S&P Global's earnings call?

S&P Global will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3047.

How were S&P Global's earnings last quarter?

S&P Global Inc. (NYSE:SPGI) released its quarterly earnings results on Thursday, February, 8th. The business services provider reported $3.13 EPS for the quarter, missing the consensus estimate of $3.15 by $0.02. The business services provider had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $3.13 billion. S&P Global had a net margin of 21.02% and a trailing twelve-month return on equity of 11.34%. The business's revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $2.54 earnings per share.
Read the conference call transcript
.

How often does S&P Global pay dividends? What is the dividend yield for S&P Global?

S&P Global declared a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Tuesday, February 27th will be paid a dividend of $0.91 per share on Tuesday, March 12th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Monday, February 26th. This is a positive change from the stock's previous quarterly dividend of $0.90.
Read our dividend analysis for SPGI
.

Is S&P Global a good dividend stock?

S&P Global (NYSE:SPGI) pays an annual dividend of $3.64 per share and currently has a dividend yield of 0.89%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 44.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPGI will have a dividend payout ratio of 22.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPGI.

What guidance has S&P Global issued on next quarter's earnings?

S&P Global issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 13.750-14.000 for the period, compared to the consensus earnings per share estimate of 14.430. The company issued revenue guidance of $13.2 billion-$13.4 billion, compared to the consensus revenue estimate of $13.4 billion.

What is Douglas L. Peterson's approval rating as S&P Global's CEO?

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.

What other stocks do shareholders of S&P Global own?

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).

Who are S&P Global's major shareholders?

S&P Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.06%), Confluence Investment Management LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.03%), Gateway Investment Advisers LLC (0.02%), Park National Corp OH (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Adam Jason Kansler, Christopher Craig, Dimitra Manis, Douglas L Peterson, Ewout L Steenbergen, John L Berisford, Martina Cheung, Nancy Luquette, Sally Moore, Saugata Saha and Steven J Kemps.
View institutional ownership trends
.

How do I buy shares of S&P Global?

Shares of SPGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SPGI) was last updated on 4/17/2024 by MarketBeat.com Staff

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