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

16 Wall Street equities research 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 equities research analysts is that investors should "buy" SPGI shares.
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16 brokers have issued 12 month price targets for S&P Global's stock. Their SPGI share price forecasts range from $364.00 to $470.00. On average, they predict the company's stock price to reach $400.94 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
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S&P Global's stock was trading at $334.94 on January 1st, 2023. Since then, SPGI stock has increased by 15.7% and is now trading at $387.69.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our SPGI earnings forecast.

S&P Global Inc. (NYSE:SPGI) posted its earnings results on Thursday, July, 27th. The business services provider reported $3.12 EPS for the quarter, meeting the consensus estimate of $3.12. The business services provider earned $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. S&P Global had a trailing twelve-month return on equity of 10.45% and a net margin of 19.46%. The company's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS.
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S&P Global announced a quarterly dividend on Tuesday, June 27th. Shareholders of record on Monday, August 28th will be paid a dividend of $0.90 per share on Tuesday, September 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Friday, August 25th.
Read our dividend analysis for SPGI.

ETFs with the largest weight of S&P Global (NYSE:SPGI) stock in their portfolio include Sterling Capital Focus Equity ETF (LCG), Tema Monopolies and Oligopolies ETF (TOLL), Upholdings Compound Kings ETF (KNGS), ALPS O'Shares U.S. Quality Dividend ETF (OUSA), iShares U.S. Financial Services ETF (IYG), Adaptive Core ETF (RULE), Leatherback Long/Short Alternative Yield ETF (LBAY) and LeaderShares AlphaFactor Tactical Focused ETF (LSAT).

S&P Global (NYSE:SPGI) pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.93%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPGI will have a dividend payout ratio of 24.95% 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 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $12.35-$12.55 for the period, compared to the consensus EPS estimate of $12.58. The company issued revenue guidance of $12.30 billion-$12.52 billion, compared to the consensus revenue estimate of $12.40 billion.

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 variety of retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (197.52%), BlackRock Inc. (7.80%), Geode Capital Management LLC (1.87%), Capital International Investors (1.53%), Capital World Investors (1.09%) and Northern Trust Corp (1.01%). Insiders that own company stock include 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.
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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 $387.69.

S&P Global (NYSE:SPGI) has a market capitalization of $123.36 billion and generates $11.18 billion in revenue each year. The business services provider earns $3.25 billion in net income (profit) each year or $7.24 on an earnings per share basis.

The company employs 39,950 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.