S&P Global Inc. (SPGI) To Go Ex-Dividend on August 26th

S&P Global Inc. (NYSE:SPGI) announced a quarterly dividend on Monday, June 22nd. Stockholders of record on Wednesday, August 26th will be paid a dividend of 0.97 per share by the business services provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 26th.

S&P Global has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 53 years. S&P Global has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect S&P Global to earn $22.05 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 17.6%.

S&P Global Stock Down 1.6%

Shares of SPGI opened at $401.00 on Wednesday. The stock has a 50 day moving average price of $422.93 and a 200 day moving average price of $454.73. S&P Global has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market capitalization of $118.70 billion, a price-to-earnings ratio of 25.38, a PEG ratio of 1.74 and a beta of 1.08.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the firm posted $4.37 EPS. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts forecast that S&P Global will post 19.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SPGI shares. Daiwa Securities Group decreased their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. BMO Capital Markets increased their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Jefferies Financial Group raised their target price on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Rothschild & Co Redburn lowered their target price on S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a report on Thursday, June 18th. Finally, JPMorgan Chase & Co. increased their price target on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Eighteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $545.28.

S&P Global Company Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.