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.
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16 brokerages have issued twelve-month price objectives for S&P Global's shares. Their SPGI share price forecasts range from $364.00 to $434.00. On average, they predict the company's share price to reach $395.71 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price.
View analysts price targets for SPGI or view top-rated stocks among Wall Street analysts.

S&P Global's stock was trading at $334.94 at the start of the year. Since then, SPGI stock has increased by 9.1% and is now trading at $365.42.
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S&P Global saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,180,000 shares, a decline of 15.8% from the April 15th total of 2,590,000 shares. Based on an average trading volume of 1,280,000 shares, the days-to-cover ratio is presently 1.7 days.
View S&P Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SPGI earnings forecast.

S&P Global Inc. (NYSE:SPGI) announced its earnings results on Thursday, April, 27th. The business services provider reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.23. The business services provider earned $3.16 billion during the quarter, compared to analysts' expectations of $3.06 billion. S&P Global had a trailing twelve-month return on equity of 10.06% and a net margin of 23.50%. The business's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.89 earnings per share.
Read the conference call transcript.

S&P Global announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Friday, May 26th will be given a dividend of $0.90 per share on Monday, June 12th. This represents a $3.60 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, May 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), UPHOLDINGS Compound Kings ETF (KNGS), ALPS O'Shares U.S. Quality Dividend ETF (OUSA), Gabelli Financial Services Opportunities ETF (GABF), iShares U.S. Financial Services ETF (IYG), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Formidable Fortress ETF (KONG) and Gabelli Love Our Planet & People ETF (LOPP).

S&P Global (NYSE:SPGI) pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.99%. 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 42.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPGI will have a dividend payout ratio of 25.07% 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 issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $12.35-$12.55 for the period, compared to the consensus EPS estimate of $12.48. 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (8.00%), State Street Corp (4.39%), TCI Fund Management Ltd. (2.90%), FMR LLC (1.98%), Geode Capital Management LLC (1.84%) and Wellington Management Group LLP (1.59%). Insiders that own company stock include Christopher Craig, Courtney Geduldig, 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.

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 $365.42.

S&P Global (NYSE:SPGI) has a market capitalization of $117.67 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 $8.50 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.