- S&P Global Inc. (SPGI, Financial) shows robust financial performance with a 14% revenue increase in Q4 2024.
- The company's commitment to shareholders is highlighted by 53 consecutive years of dividend growth.
- Analysts anticipate significant upside potential, with price targets suggesting a 34.84% increase from current levels.
S&P Global Inc. (NYSE: SPGI) has reported impressive financial results for Q4 2024, showcasing a 14% increase in revenue and a 20% rise in adjusted earnings. This financial strength is underpinned by the fact that over 75% of SPGI's income is derived from recurring sources. The company's strong liquidity position enables it to maintain a quarterly dividend of $0.96 per share, continuing a remarkable 53-year streak of dividend growth. This achievement solidifies SPGI's standing among the prestigious dividend kings.
Wall Street Analysts Forecast
According to price targets from 20 analysts, S&P Global Inc. is poised for potential growth, with the average target set at $608.81. This suggests a possible upside of 34.84% from the current trading price of $451.50, with the high estimate reaching $650.00 and the low at $572.00. For more insights into these estimates, visit the S&P Global Inc (SPGI, Financial) Forecast page.
Consensus among 25 brokerage firms indicates an "Outperform" status for SPGI, with an average brokerage recommendation of 1.7 on a scale where 1 represents a Strong Buy and 5 a Sell.
Moreover, based on GuruFocus estimates, the projected GF Value for SPGI in one year is pegged at $540.13. This suggests an upside potential of 19.63% from the current price of $451.50. The GF Value is a reflection of what the fair price of the stock should be, calculated from its historical multiples, past business growth, and future performance forecasts. For more detailed analysis, refer to the S&P Global Inc (SPGI, Financial) Summary page.
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