S&P Global Reports Strong Quarterly Earnings and Updates Guidance

S&P Global (NYSE:SPGI - Get Free Report) announced its quarterly earnings on Tuesday, delivering impressive results that exceeded expectations. The company reported earnings per share (EPS) of $3.77 for the quarter, which is significantly higher than analysts' consensus estimate of $3.41, leading to a positive surprise of $0.36. Additionally, S&P Global achieved a return on equity of 13.72% and recorded a net margin of 25.80%. Furthermore, the company has revised its guidance for the full fiscal year 2025, now projecting EPS in the range of 17.000 to 17.250.

S&P Global Stock Performance

On the day of the earnings announcement, S&P Global's stock opened at $514.26. Over the past year, the stock has seen a low of $407.69 and a high of $533.29. Currently, it has a 50-day moving average of $505.85 and a 200-day moving average of $505.78. The company maintains a current ratio of 0.94, a quick ratio of 0.94, and a debt-to-equity ratio of 0.33. With a market capitalization of $159.58 billion, S&P Global's price-to-earnings ratio stands at 45.39, with a PEG ratio of 2.39 and a beta of 1.20.

S&P Global Increases Dividend

In addition to its earnings report, S&P Global also declared an increased quarterly dividend. Shareholders on record as of February 26th will receive a dividend of $0.96, payable on March 12th. This marks a rise from the previous quarterly dividend of $0.91. The annualized dividend now totals $3.84, providing a yield of 0.75%. The company's payout ratio is currently at 32.13%.

Analyst Ratings Changes

Following the earnings announcement, S&P Global has attracted attention from several financial analysts. Stifel Nicolaus raised its target price for the stock from $540.00 to $560.00, maintaining a "buy" rating. Similarly, Robert W. Baird increased their price objective from $536.00 to $575.00, again with an "outperform" rating. Morgan Stanley made a noteworthy adjustment by raising their target from $570.00 to $595.00, labeling the stock as "overweight". Wells Fargo & Company revised their target from $620.00 to $617.00 while keeping an "overweight" rating. Furthermore, UBS Group raised their target price from $605.00 to $610.00, also maintaining a "buy" rating. Overall, two research analysts have given S&P Global a hold rating, while thirteen have issued buy ratings, resulting in an average rating of "Moderate Buy" and a consensus target price of $584.54.

S&P Global Company Profile

S&P Global, Inc. provides transparent and independent ratings, benchmarks, analytics, and data catered to capital and commodity markets around the world. The company operates through several segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

Earnings, Stock, Dividend