S&P Global Inc. Common Stock (NYSE:SPGI):
S&P Global Declares Quarterly Dividend.
The company is trading down since yesterday’s close of $122.88.
The company declared a dividend for shareholders which was paid on Monday the 12th of September 2016. The dividend was $0.360 per share for the quarter or $1.44 annualized. This dividend represents a yeild of $1.17 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 24th of August 2016.
The stock is trading at $122.28 which is a tad under $124.10, the 50 day moving average and which is a tad above the 200 day moving average of $115.02. The 50 day moving average moved down $-1.82 and the 200 day average went up $7.26 or +6.31%.
The company’s P/E ratio is 28.05 and the market cap is 32.28B. In the latest earnings report the EPS was $4.36 and is estimated to be $5.22 for the current year with 264,000,000 shares now outstanding. Next quarter’s EPS is forecasted at $1.24 and the next full year EPS is anticipated to be $5.87.
Analysts have issued ratings on the stock recently. On September 21 Barclays kept the stock rating at “Overweight” but raised the price expectation from $140.00 to $145.00. On July 11, 2016 Credit Suisse began coverage by announcing an initial rating of “Outperform” and establishing a price target of $123.00.