S&P Global Inc (NYSE: SPGI) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that S&P Global Schedules First Quarter 2024 Earnings Announcement and Conference Call for Thursday, April 25, 2024.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Financial Data & Stock Exchanges industry segment. The current market capitalization of S&P Global Inc is $138.22B. A total of 1.14 million shares were traded on the day, compared to an average of 1.37M shares.

In the most recent transaction, Peterson Douglas L. sold 6,000 shares of SPGI for 424.74 per share on Feb 15 ’24. After the transaction, the CEO & President now owns 162,530 company shares. In a previous transaction on Nov 15 ’23, Peterson Douglas L. sold 6,000 shares at 405.28 per share. SPGI shares that CEO & President owns now total 163,613.

Among the insiders who sold shares, Steenbergen Ewout L disposed of 23,502 shares on Sep 05 ’23 at a per-share price of $400.00. This resulted in the EVP & Chief Financial Officer holding 3,552 shares of SPGI after the transaction. In another insider transaction, Saha Saugata sold 100 shares at $394.45 per share on Sep 05 ’23. Company shares held by the President, Commodity Insights now total 834.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. S&P Global Inc pays an annual dividend of $3.61, resulting in a dividend yield of 0.84%, and it has a price to earnings (P/E) ratio of 52.43. SPGI’s most recent ex-dividend date was 2/26/2024 when it declared a $0.91 quarterly dividend that was paid in cash on 3/12/2024. Previously, the company paid the dividend on 12/12/2023 with an ex-dividend date of 11/27/2023. The SPGI stock dividend was $0.90 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SPGI has a high of $461.16 and a low of $329.46.

As of this writing, SPGI has an earnings estimate of $3.56 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $3.74 per share and a lower estimate of $3.38. The company reported an EPS of $3.21 in the last quarter, which was 5.60% higher than expectations of $3.04.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SPGI’s latest balance sheet shows that the firm has $6.51B in Cash & Short Term Investments as of fiscal 2021. There were $4.61B in debt and $3.81B in liabilities at the time. Its Book Value Per Share was $106.21, while its Total Shareholder’s Equity was $5.54B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPGI is Buy with a score of 4.84.

Most Popular

Related Posts