Spok (SPOK) Projected to Post Quarterly Earnings on Wednesday

Spok (NASDAQ:SPOK) is projected to announce its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.18 per share and revenue of $35.00 million for the quarter. Spok has set its FY 2025 guidance at EPS.

Spok (NASDAQ:SPOK) last announced its earnings results on Wednesday, April 30th. The Wireless communications provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. Spok had a return on equity of 10.26% and a net margin of 11.45%. The firm had revenue of $36.29 million for the quarter, compared to analysts’ expectations of $34.00 million. On average, analysts expect Spok to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Spok Price Performance

Shares of NASDAQ:SPOK opened at $17.37 on Monday. Spok has a 12 month low of $13.55 and a 12 month high of $18.29. The stock has a market cap of $357.30 million, a price-to-earnings ratio of 22.27 and a beta of 0.58. The stock’s 50 day moving average price is $16.89 and its 200 day moving average price is $16.33.

Spok Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, May 23rd were issued a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $1.25 annualized dividend and a dividend yield of 7.20%. Spok’s dividend payout ratio is currently 160.26%.

Analyst Ratings Changes

Several research firms have issued reports on SPOK. Wall Street Zen raised Spok from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 10th. B. Riley raised Spok to a “strong-buy” rating in a report on Thursday, May 1st.

Insider Buying and Selling at Spok

In other Spok news, CEO Vincent D. Kelly sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $16.40, for a total transaction of $492,000.00. Following the sale, the chief executive officer directly owned 157,817 shares of the company’s stock, valued at $2,588,198.80. The trade was a 15.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Michael W. Wallace sold 6,000 shares of the business’s stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $16.53, for a total transaction of $99,180.00. Following the sale, the chief operating officer directly owned 61,175 shares in the company, valued at approximately $1,011,222.75. This trade represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.37% of the stock is owned by insiders.

Institutional Trading of Spok

Several large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its stake in shares of Spok by 33.4% in the first quarter. Goldman Sachs Group Inc. now owns 521,571 shares of the Wireless communications provider’s stock worth $8,575,000 after acquiring an additional 130,478 shares during the last quarter. Jane Street Group LLC acquired a new position in Spok during the first quarter worth $467,000. Finally, AQR Capital Management LLC acquired a new position in Spok during the first quarter worth $271,000. 50.81% of the stock is owned by institutional investors and hedge funds.

About Spok

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.