B. Riley Research Analysts Lower Earnings Estimates for Spok

Spok Holdings, Inc. (NASDAQ:SPOK) – Stock analysts at B. Riley lowered their Q1 2025 earnings per share estimates for shares of Spok in a research note issued to investors on Thursday, February 27th. B. Riley analyst K. Bauser now forecasts that the Wireless communications provider will post earnings of $0.18 per share for the quarter, down from their prior forecast of $0.21. B. Riley has a “Buy” rating and a $20.00 price target on the stock. The consensus estimate for Spok’s current full-year earnings is $0.76 per share. B. Riley also issued estimates for Spok’s FY2026 earnings at $0.80 EPS.

Spok (NASDAQ:SPOK) last announced its quarterly earnings results on Wednesday, February 26th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Spok had a net margin of 10.66% and a return on equity of 9.20%. The business had revenue of $33.89 million for the quarter, compared to analysts’ expectations of $35.50 million.

Spok Price Performance

Shares of NASDAQ:SPOK opened at $16.85 on Friday. The stock’s 50-day moving average is $16.23 and its 200 day moving average is $15.78. The company has a market cap of $341.58 million, a PE ratio of 23.08 and a beta of 0.33. Spok has a 1 year low of $13.24 and a 1 year high of $18.14.

Spok Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.25 annualized dividend and a yield of 7.42%. Spok’s payout ratio is 168.92%.

Institutional Trading of Spok

Large investors have recently bought and sold shares of the company. Sanctuary Advisors LLC boosted its position in Spok by 10.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 25,998 shares of the Wireless communications provider’s stock valued at $422,000 after acquiring an additional 2,536 shares in the last quarter. Barclays PLC boosted its position in Spok by 273.8% during the 3rd quarter. Barclays PLC now owns 24,078 shares of the Wireless communications provider’s stock valued at $362,000 after acquiring an additional 17,637 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Spok by 2,263.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 198,419 shares of the Wireless communications provider’s stock valued at $2,988,000 after acquiring an additional 190,024 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Spok by 67.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 110,997 shares of the Wireless communications provider’s stock valued at $1,782,000 after acquiring an additional 44,896 shares in the last quarter. Finally, FMR LLC boosted its position in Spok by 39.9% during the 3rd quarter. FMR LLC now owns 14,479 shares of the Wireless communications provider’s stock valued at $218,000 after acquiring an additional 4,130 shares in the last quarter. 50.81% of the stock is owned by institutional investors.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.