Erste Group Bank Estimates S&P Global FY2027 Earnings

S&P Global Inc. (NYSE:SPGI) – Analysts at Erste Group Bank issued their FY2027 earnings estimates for shares of S&P Global in a report issued on Thursday, July 16th. Erste Group Bank analyst S. Lingnau expects that the business services provider will post earnings per share of $20.92 for the year. The consensus estimate for S&P Global’s current full-year earnings is $18.37 per share.

SPGI has been the subject of several other reports. JPMorgan Chase & Co. raised their price objective on S&P Global from $535.00 to $555.00 and gave the stock an “overweight” rating in a research note on Monday. BMO Capital Markets boosted their target price on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Mizuho upped their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. Finally, Wall Street Zen raised S&P Global to a “hold” rating in a research note on Saturday, July 4th. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $533.59.

S&P Global Price Performance

NYSE SPGI opened at $420.14 on Wednesday. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05. The business’s fifty day moving average is $422.80 and its two-hundred day moving average is $442.22. The stock has a market capitalization of $124.36 billion, a P/E ratio of 26.59, a P/E/G ratio of 2.18 and a beta of 1.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS.

S&P Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s payout ratio is presently 24.56%.

Insiders Place Their Bets

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of S&P Global stock in a transaction dated Wednesday, April 29th. The stock was bought at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have bought 5,974 shares of company stock worth $2,576,775. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On S&P Global

Several hedge funds have recently bought and sold shares of the business. Joseph Group Capital Management acquired a new position in shares of S&P Global in the 4th quarter valued at about $29,000. North Star Investment Management Corp. boosted its holdings in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the period. Palladiem LLC purchased a new position in S&P Global during the fourth quarter valued at approximately $36,000. Palisade Asset Management LLC purchased a new position in S&P Global during the third quarter valued at approximately $36,000. Finally, Swiss RE Ltd. acquired a new position in S&P Global in the 4th quarter valued at approximately $39,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: S&P Global Market Intelligence launched a new AI-powered workflow capability for Capital IQ Pro with Farsight, a move that could strengthen its product offering and support client retention. S&P Global Market Intelligence Partners with Farsight to Launch AI-powered Financial Workflow Capability for Capital IQ Pro
• Positive Sentiment: Robert W. Baird raised its price target on SPGI to $521, signaling continued optimism from Wall Street. Robert W. Baird Increases S&P Global (NYSE:SPGI) Price Target to $521.00
• Positive Sentiment: JPMorgan also projected strong price appreciation for S&P Global, adding to the bullish analyst backdrop. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for S&P Global (NYSE:SPGI) Stock
• Neutral Sentiment: Analysts expect Q2 strength in ratings, indices, and market intelligence, but also see total revenue potentially declining, making the upcoming earnings release a mixed setup. S&P Global Gears Up to Report Q2 Earnings: What’s in Store?
• Neutral Sentiment: Coverage ahead of the report focuses on key operating metrics rather than headline estimates, suggesting investors are watching for details on segment performance and margins. S&P Global (SPGI) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Erste Group lifted its FY2027 EPS estimate above consensus, which supports a favorable longer-term earnings outlook. Erste Group Bank FY2027 EPS Estimates for S&P Global
• Negative Sentiment: Zacks Research downgraded SPGI from hold to strong sell, adding to near-term caution around the stock. S&P Global was downgraded by Zacks Research from hold to strong sell
• Negative Sentiment: The market also reacted to concerns that SPGI could be trading above fair value following its $1 billion note exchange, which may weigh on sentiment. S&P Global (SPGI) Could Be 14% Above Fair Value After Its $1b Note Exchange

About S&P Global

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.