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NYSE:SPGI

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

S&P Global logo
$522.51 -0.35 (-0.07%)
(As of 11/29/2024 ET)

About S&P Global Stock (NYSE:SPGI)

Key Stats

Today's Range
$521.41
$526.75
50-Day Range
$480.20
$529.18
52-Week Range
$407.69
$533.29
Volume
842,466 shs
Average Volume
1.29 million shs
Market Capitalization
$162.13 billion
P/E Ratio
46.12
Dividend Yield
0.70%
Price Target
$571.31
Consensus Rating
Moderate Buy

Company Overview

S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments. The S&P Global Market Intelligence segment offers multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Desktop, a product suite that provides data, analytics, and third-party research; Data and Advisory Solutions for research, reference data, market data, derived analytics, and valuation services; Enterprise Solutions, software and workflow solutions; and Credit & Risk Solutions for selling Ratings' credit ratings and related data and research. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. The S&P Global Commodity Insights segment provides information and benchmark prices for the commodity and energy markets. The S&P Global Mobility segment provides solutions serving the full automotive value chain, including vehicle manufacturers (OEMs), automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The S&P Dow Jones Indices segment is an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. The S&P Global Engineering Solutions segment offers engineering standards and related technical knowledge, including product design to provide information and insight to design products, optimize engineering projects and outcomes, solve technical problems, and address complex supply chain issues. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

S&P Global Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

SPGI MarketRank™: 

S&P Global scored higher than 98% of companies evaluated by MarketBeat, and ranked 12th out of 332 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    S&P Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    S&P Global has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about S&P Global's stock forecast and price target.
  • Earnings Growth

    Earnings for S&P Global are expected to grow by 8.27% in the coming year, from $15.24 to $16.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of S&P Global is 46.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of S&P Global is 46.12, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.89.

  • Price to Earnings Growth Ratio

    S&P Global has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    S&P Global has a P/B Ratio of 4.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about S&P Global's valuation and earnings.
  • Percentage of Shares Shorted

    1.26% of the outstanding shares of S&P Global have been sold short.
  • Short Interest Ratio / Days to Cover

    S&P Global has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in S&P Global has recently decreased by 12.36%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    S&P Global has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    S&P Global has been increasing its dividend for 52 years.

  • Dividend Coverage

    The dividend payout ratio of S&P Global is 32.13%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, S&P Global will have a dividend payout ratio of 22.06% next year. This indicates that S&P Global will be able to sustain or increase its dividend.

  • Read more about S&P Global's dividend.
  • Percentage of Shares Shorted

    1.26% of the outstanding shares of S&P Global have been sold short.
  • Short Interest Ratio / Days to Cover

    S&P Global has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in S&P Global has recently decreased by 12.36%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    S&P Global has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 34 news articles for S&P Global this week, compared to 19 articles on an average week.
  • Search Interest

    26 people have searched for SPGI on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.
  • MarketBeat Follows

    20 people have added S&P Global to their MarketBeat watchlist in the last 30 days. This is an increase of 82% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, S&P Global insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.10% of the stock of S&P Global is held by insiders.

  • Percentage Held by Institutions

    87.17% of the stock of S&P Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about S&P Global's insider trading history.
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SPGI Stock News Headlines

April 09th 2024 , New York City, New York. Close up on logo of S&P Global on the screen of an exchange. S&P Global price stocks, $SPGI on a device. — Stock Editorial Photography
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SPGI Stock Analysis - Frequently Asked Questions

S&P Global's stock was trading at $440.52 at the beginning of 2024. Since then, SPGI shares have increased by 18.6% and is now trading at $522.51.
View the best growth stocks for 2024 here
.

S&P Global Inc. (NYSE:SPGI) released its quarterly earnings data on Thursday, October, 24th. The business services provider reported $3.89 EPS for the quarter, beating the consensus estimate of $3.64 by $0.25. S&P Global's revenue for the quarter was up 15.9% on a year-over-year basis.
Read the conference call transcript
.

Top institutional shareholders of S&P Global include State Street Corp (4.50%), Wellington Management Group LLP (2.86%), Geode Capital Management LLC (2.09%) and FMR LLC (1.92%). Insiders that own company stock include Douglas L Peterson, Ewout L Steenbergen, John L Berisford, Adam Jason Kansler, Robert P Kelly, Edouard Tavernier, Martina Cheung, Christopher Craig, Sally Moore, Nancy Luquette, Dimitra Manis, Steven J Kemps, Saugata Saha and Rebecca Jacoby.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that S&P Global investors own include NVIDIA (NVDA), Meta Platforms (META), Adobe (ADBE), Broadcom (AVGO), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and UnitedHealth Group (UNH).

Company Calendar

Ex-Dividend for 9/11 Dividend
8/27/2024
Dividend Payable
9/11/2024
Last Earnings
10/24/2024
Ex-Dividend for 12/11 Dividend
11/26/2024
Today
11/30/2024
Dividend Payable
12/11/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

Industry
Consumer credit reporting agencies, mercantile reporting agencies,
Sub-Industry
Business Services
Employees
40,450
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$571.31
High Stock Price Target
$620.00
Low Stock Price Target
$452.00
Potential Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$2.63 billion
Pretax Margin
35.22%

Debt

Sales & Book Value

Annual Sales
$13.77 billion
Cash Flow
$16.42 per share
Book Value
$109.85 per share

Miscellaneous

Free Float
309,990,000
Market Cap
$162.13 billion
Optionable
Optionable
Beta
1.18

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This page (NYSE:SPGI) was last updated on 12/1/2024 by MarketBeat.com Staff
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