Spok (SPOK) to Release Earnings on Wednesday

Spok (NASDAQ:SPOK) is anticipated to announce its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.18 per share and revenue of $35.00 million for the quarter. Spok has set its FY 2025 guidance at EPS.

Spok (NASDAQ:SPOK) last released its quarterly earnings data on Wednesday, April 30th. The Wireless communications provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $36.29 million for the quarter, compared to analysts’ expectations of $34.00 million. Spok had a return on equity of 10.26% and a net margin of 11.45%. On average, analysts expect Spok to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Spok Price Performance

Shares of Spok stock opened at $17.63 on Wednesday. The firm has a market capitalization of $362.68 million, a PE ratio of 22.60 and a beta of 0.58. The company’s fifty day moving average price is $16.82 and its two-hundred day moving average price is $16.30. Spok has a 52-week low of $13.55 and a 52-week high of $18.29.

Spok Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, May 23rd were paid a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $1.25 dividend on an annualized basis and a yield of 7.09%. Spok’s payout ratio is currently 160.26%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Spok from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 10th. B. Riley upgraded Spok to a “strong-buy” rating in a research note on Thursday, May 1st.

Insiders Place Their Bets

In other Spok news, CEO Vincent D. Kelly sold 30,000 shares of the company’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $16.40, for a total transaction of $492,000.00. Following the sale, the chief executive officer directly owned 157,817 shares of the company’s stock, valued at approximately $2,588,198.80. This represents a 15.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Michael W. Wallace sold 6,000 shares of the company’s stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $16.53, for a total transaction of $99,180.00. Following the sale, the chief operating officer directly owned 61,175 shares in the company, valued at $1,011,222.75. This represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 7.37% of the company’s stock.

Institutional Trading of Spok

Large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in Spok during the 1st quarter worth approximately $271,000. Goldman Sachs Group Inc. grew its holdings in shares of Spok by 33.4% during the first quarter. Goldman Sachs Group Inc. now owns 521,571 shares of the Wireless communications provider’s stock worth $8,575,000 after purchasing an additional 130,478 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Spok during the first quarter worth $467,000. 50.81% of the stock is owned by institutional investors.

About Spok

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.