S&P Global Inc. Common Stock (NYSE:SPGI):
S&P Global Names Maria R. Morris to Board of Directors.
The company is down by -0.49% since yesterday’s close of $122.88.
The company also announced a dividend for shareholders that was paid on Monday the 12th of September 2016. The dividend payment was $0.360 per share for the quarter which comes to $1.44 on an annualized basis. The dividend yield was $1.17. The ex-dividend date was Wednesday the 24th of August 2016.
It is currently trading at $122.28 which is just a bit below $124.10, the stock’s 50 day moving average and which is marginally over the 200 day moving average of $115.02. The 50 day moving average went down by -1.47% whereas the 200 day average was up by +6.31%.
The most current P/E ratio is 28.05 and the market cap is 32.28B. In the last earnings report the EPS was $4.36 and is projected to be $5.22 for the current year with 264,000,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.24 with next year’s EPS projected to be $5.87.
Several investment firms have released opinions on SPGI of late. On September 21 Barclays held the company rating at “Overweight” and raised the price target to $145.00 from $140.00. On July 11, 2016 Credit Suisse starting coverage on SPGI by announcing an initial rating of “Outperform” and establishing a price target of $123.00.