SPGI

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. S&P Global stock has delivered a 17.5% total return over the past five years. At around US$444 per share, the valuation checks currently point to a premium, with both the intrinsic value estimate from the Excess Returns model and market multiples indicating the shares screen as expensive. Recent leadership changes and a refreshed operating model in Market Intelligence keep the growth story in focus, which makes the current pricing worth a closer look for investors. Over five years, S&P Global has returned 17.5%, which is a moderate payoff for investors given the current signals that the stock trades at a premium to its intrinsic value estimate. The push to reorganize Market Intelligence around Kensho Data & Platforms and Enterprise Solutions can support expectations for data and analytics growth. Any disappointment in credit ratings demand or execution on the new structure may weigh on how much investors are willing to pay. S&P Global passes just 1 of 6 valuation checks, which suggests it does not stand out as a clear bargain on the broader assessment. The issue now is whether S&P Global's current share price already reflects the growth investors are counting on, or if there is still room before valuation becomes a binding constraint. Find out why S&P Global's -9.6% return over the last year is lagging behind its peers. The Excess Returns model for S&P Global looks at how much profit the company generates over its cost of equity, using book value and projected earnings as the anchors. On this view, book value is set at $105.31 per share and stable EPS at $19.84 per share, with both figures based on forward looking estimates from four analysts. With a cost of equity of $8.06 per share and an excess return of $11.77 per share, S&P Global is modeled with an average return on equity of 19.64% and a stable book value of $100.99 per share. That cash generation profile feeds into an intrinsic value estimate of $365.82 per share, which is below the current share price of about $444. On this framework, the stock screens as around 21.5% overvalued. The recent restructuring of Market Intelligence around Kensho Data & Platforms and Enterprise Solutions helps explain why investors are currently prepared to pay a premium to this intri...

Yahoo Finance Senior Reporter Brooke DiPalma, Data and Markets Editor Jared Blikre and Visible Alpha Head of TMT Research Melissa Otto join Brian Sozzi on Opening Bid to discuss earnings revisions across the technology sector and what they could mean for investors.

New York-based S&P Global Inc. (SPGI) is a leading provider of financial information, credit ratings, market intelligence, and analytics, serving investors, corporations, governments, and financial institutions worldwide. The company has a market cap of $127.5 billion, and its well-known brands include S&P Global Ratings, S&P Dow Jones Indices, S&P Global Market Intelligence, and S&P Global Commodity Insights, making it a critical source of data and benchmarks for global capital markets. S&P Global is expected to release its Q2 2026 earnings before the market opens on Tuesday, July 28. Ahead of the event, analysts expect the company to generate a profit of $4.94 per share on a diluted basis, up 11.5% from $4.43 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of its last four quarters, while missing on another occasion. SpaceX Has Massive Multiyear Put Options Volume As SPCX Falls Below IPO Price Jeff Bezos Says ‘We Don’t Have a Revenue Problem’ in America — Bottom Half Paying Just 3% of Taxes Means ‘We Can Find 3%’ Nebius Stock Sold Off on Meta’s Data Center News. Buy the Dip. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current year, analysts expect the company to report EPS of $19.61, up 10% from $17.83 in fiscal 2025. Moreover, its EPS is expected to improve 12.4% year over year to $22.04 in fiscal 2027. SPGI stock has dipped 18.2% over the past year, underperforming the S&P 500 Index’s ($SPX) 20.2% rise and the State Street Financial Select Sector SPDR ETF’s (XLF) 5.3% return during the same time frame. On July 1, S&P Global completed the spin-off of its Mobility division into an independent publicly traded company, Mobility Global Inc. (MBGL). Shareholders received one Mobility Global share for each S&P Global share held as of the June 15 record date, with MBGL beginning regular trading on the NYSE the same day. The separation is expected to sharpen each company's strategic focus and unlock long-term value for shareholders. Investors welcomed the move, sending S&P Global shares up 6% in the following trading session. Analysts’ consensus opinion on the stock is highly bullish, with a “Strong Buy” rating overall. Among the 26 analysts covering the stock, 20 a...

S&P Global (NYSE:SPGI) has released recast and pro forma financial statements reflecting the separation of its former Mobility business, which became an independent publicly traded company, Mobility Global (NYSE:MBGL), on 1 July 2026. The updated financial information removes the contribution of the Mobility division, providing investors with historical results based on the company’s new operating structure. The revised financial data includes the full 2025 fiscal year, each quarter of 2025 and the first quarter of 2026. S&P Global said the updated figures incorporate inter-segment adjustments as well as revised expense allocation methodologies across its four remaining operating divisions. The company also updated the reported business line presentation for its Energy and Market Intelligence segments. The company said it will issue revised financial guidance for 2026 to reflect the impact of the Mobility spin-off when it reports second-quarter earnings on 28 July 2026. The updated outlook is expected to provide investors with a clearer view of S&P Global’s financial performance following the separation. S&P Global noted that the full recast financial statements can be accessed through the Investor Relations section of its website under the “SEC Filings & Reports” and “Quarterly Earnings & Monthly Metrics” pages. The updated disclosures are intended to help investors compare historical performance using the company’s post-spin operating structure. S&P Global stock price Mobility Global stock price

(Updates with latest market prices and developments.) US benchmark equity indexes were higher int

NEW YORK, June 22, 2026 /PRNewswire/ -- The Board of Directors of S&P Global (NYSE: SPGI) has approved a cash dividend on the Company's common stock for the third quarter of 2026. The dividend of $0.97 is payable on September 10, 2026, to shareholders of record on August 26, 2026. The annualized dividend rate is $3.88 per share. The Company has paid a dividend each year since 1937 and is one of fewer than 30 companies in the S&P 500® that has increased its dividend annually for more than 50 years. About S&P Global: S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape. From helping our customers assess new investments across the capital and commodities markets to guiding them through the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Contacts: Investor Relations:Mark GrantSenior Vice President, Investor Relations and TreasurerTel: + 1 347 640 1521 Media:April KabaharGlobal Head of Corporate CommunicationsTel: +1 212 438 7530 View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-declares-third-quarter-dividend-302806889.html

This article first appeared on GuruFocus. Release Date: May 15, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Citycon Oyj (FRA:TY2B) reported a like-for-like growth in net rental income (NRI) of 4.5% for Q1 2026. Retail occupancy rates are high at 94.8%, indicating strong demand for their properties. Tenant sales increased by 3.5%, reflecting positive retail performance. The company successfully decreased administrative costs by 17.5%, improving operational efficiency. Citycon Oyj (FRA:TY2B) secured two loans totaling EUR 490 million, enhancing financial stability. EPRA earnings per share decreased from $0.11 to $0.10 compared to the same quarter in 2025. The company experienced increased financial expenses due to higher interest rates and bond issuance. Loan-to-value ratio increased to 49.4%, which may indicate higher leverage. There is uncertainty regarding potential negative rating actions from S&P due to increased secured debt. Some asset divestment proposals were below book value, which were rejected, indicating challenges in asset sales. Warning! GuruFocus has detected 4 Warning Signs with FRA:TY2B. Is FRA:TY2B fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide an update on negotiations related to asset disposals and the strategic plan regarding hybrids? How do you plan to retain access to capital markets while focusing on de-risking the balance sheet? A: We are in the process of optimizing our portfolio and have been approached by potential buyers for assets in Finland, Norway, and Sweden. We have signed several NDAs and are negotiating further. Regarding hybrids, decisions will be made closer to the reset period in September 2026. We are monitoring our Loan-to-Value (LTV) ratio, which is currently at 49%, and ensuring compliance with all covenants. Excess cash will be considered for dividends, in line with our policy. Q: Do you expect any negative rating action from S&P due to increased secured debt, and how might this impact your plans to return to the bond market? A: We are prepared for any unexpected actions from S&P. The rating methodology considers GCD's stake, which has increased to 86.4%. Our actions are not solely for rating purposes; we are pursuing secured financing due to favorable terms and market interest, which supports our P&L. Q: With the debt ma...

NEW YORK, June 4, 2026 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") conducted a consultation with market participants on potential changes to the S&P U.S. Indices Methodology and Dow Jones U.S. Total Stock Market Indices Methodology (collectively, the "Relevant Index Families") related to MegaCap companies. The Index Committee appreciates the market engagement received in connection with this consultation and thanks all respondents for their feedback. S&P DJI's Index Committee continually monitors market developments to ensure indices meet their stated objectives and considers methodology changes as needed to help ensure its indices continue to do so. Market consultations are the primary mechanism through which the Index Committee engages with market participants and other stakeholders to seek feedback on whether methodology changes are necessary or appropriate, and to assess potential methodology developments. Consultations also provide an opportunity for any member of the public to submit input. This process is designed to preserve the independence of the Index Committee, effectively mitigate potential conflicts of interest, and help ensure transparency and fairness. The Index Committee carefully reviews all consultation responses received. However, while all responses are reviewed and considered, the Index Committee is not bound by any comments or information submitted as part of the consultation. S&P 500, S&P MidCap 400, and S&P SmallCap 600 Results: Based on S&P DJI's Index Committee review of the markets and after consideration of responses received from a wide range of market participants, no changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family. S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representa...

When S&P Global (NYSE: SPGI), one of the world's largest financial data companies, posted its first-quarter earnings report on April 28, many investors focused on the recently spin-off of its Mobility unit, which provides automotive data, into a new company that will start trading independently on July 1. That divestment should streamline S&P Global's core business, while freeing up more resources to upgrade its generative AI services for analyzing financial data. However, fewer investors seemed to notice its 25% year-over-year growth in Private Credit revenue in its Ratings segment. That outpaced the company's 10% growth in adjusted revenue for the quarter, and gives investors a much clearer look into the private credit market. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » S&P Global's Ratings business, which accounted for 31% of its top line in the first quarter, traditionally rates public corporate bonds and broadly syndicated loans (BSLs). But over the past two decades, it expanded its services into the multi-trillion-dollar private credit market. That expansion reduced its dependence on traditional public debt issuance, which is heavily influenced by fluctuating interest rates. Private credit lenders are often better insulated from those headwinds, since mid-market companies and private equity firms still turn to direct lenders (rather than conventional banks) to quickly secure more funds through choppy market cycles. Private investors are also keeping rapidly growing companies private for longer periods instead of going public through traditional IPOs. That structural shift drives up the demand for private credit rating services, which give investors deeper insights into these opaque companies. By providing these specialized risk assessments, S&P Global positions itself as a "data tollbooth" that serves institutional investors and regulators in this murky market. It also widens its moat against its potential AI-powered challengers in the financial data analysis market, since private investors are less likely to trust smaller companies to crunch all of their data. S&P Global generated "north of $600 million" in revenues from the p...

It has been about a month since the last earnings report for S&P Global (SPGI). Shares have lost about 4% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is S&P Global due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. S&P Global reported impressive first-quarter 2026 results, with both earnings and revenues beating the Zacks Consensus Estimate. SPGI’s adjusted earnings per share (EPS) of $4.97 beat the consensus mark by 3.1% and rose 13.7% year over year. Total revenues came in at $4.2 billion, surpassing the consensus estimate by 2.6% and rising 10.4% from the year-ago quarter. Revenues from Marketing Intelligence were $1.29 billion, increasing 8% from the year-ago reported figure. Ratings revenues in the first quarter of 2026 grew 13% to $1.3 billion. Revenues from Energy Organic were $652 million, up 7% from the year-ago quarter. Revenues from the Mobility and Indices segments saw year-over-year increases of 8% and 17% to $454 million and $519 million, respectively. Adjusted operating profit was $2.15 billion, increasing 12% on a year-over-year basis. The adjusted operating profit margin was 51.8%, rising 100 basis points from the year-ago reported figure. S&P Global exited the first quarter of 2026 with cash, cash equivalents and restricted cash of $1.81 billion compared with $1.74 billion in the fourth quarter of 2025. The long-term debt was $10.62 billion compared with $12.37 billion in the previous quarter. SPGI generated $1 billion in cash from operating activities in the quarter. Capital expenditure was $27 million. The free cash flow was $919 million. The company returned $1.2 billion to shareholders in the first quarter of 2026, including $288 million in dividends and $1.0 billion in share repurchases. For 2026, SPGI expects adjusted EPS to be between $19.40 and $19.65. Revenue growth is anticipated to be in the range of 6.3-8.3%. Capital expenditure is expected to be in the range of $215-$225 million. SPGI expects the full-year tax rate to be between 22% and 23%. It turns out, fresh estimates have trended downward during the past month. At this time, S&P Global has a aver...

US equity markets were trending lower before the opening bell Thursday as traders monitor the latest

About two-thirds of S&P 500 companies have reported their quarterly results this earnings season. And so far, those results have been very good, a highly positive signal for share prices. According to FactSet, which tracks S&P 500 earnings, 84% of companies that have reported results have come in above earnings-per-share (EPS) estimates. That's significantly higher than the 10-year average of 76%. And if the remaining companies post similar numbers, resulting in 84% of all companies reporting better-than-expected earnings, it will be the highest percentage of S&P companies beating earnings since the second quarter of 2021. That's great news for the entire U.S. stock market (the S&P 500 is a good proxy for the market, representing about 80% of total available market capitalization). In addition, the growth rate for S&P 500 company earnings so far is about 27%. If it remains at that level through the end of first-quarter earnings season, it would be the highest year-over-year increase since the fourth quarter of 2021. That strong pace of earnings growth can largely be attributed to the "Magnificent Seven" companies that reported results last week. Positive EPS surprises by Google parent Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), and Meta Platforms (NASDAQ: META) were the largest contributors to this increase in the growth rate. FactSet notes that all three tech companies had unusual developments during the quarter that significantly boosted their earnings. Alphabet's results included a $37.7 billion increase due to unrealized gains on equity securities. Amazon recorded a $16.8 billion gain from its investment in AI company Anthropic. And Meta had an $8 billion tax benefit. Nvidia (NASDAQ: NVDA), the largest company in the world by market capitalization, reported its fiscal fourth-quarter results on Feb. 25. The company's fiscal year begins on Feb. 1, so its fourth-quarter results are included in FactSet's first-quarter calculations. Nvidia reported sales of $68.1 billion for the quarter and beat Wall Street's earnings expectations. EPS came in at $1.62 for the quarter, about 6% above the average analyst estimate. As a result, Nvidia was also one of the top five contributors to S&P 500 earnings growth for the quarter. The company will report its fiscal first-quarter results on May 20. While those results will technically contribute to FactSet's second-qua...