B. Riley Research Analysts Lower Earnings Estimates for Spok

Spok Holdings, Inc. (NASDAQ:SPOK) – Equities research analysts at B. Riley decreased their Q1 2025 earnings per share estimates for Spok in a note issued to investors on Thursday, February 27th. B. Riley analyst K. Bauser now expects that the Wireless communications provider will post earnings per share of $0.18 for the quarter, down from their previous estimate 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 Stock Down 0.5 %

NASDAQ SPOK opened at $16.85 on Friday. The stock’s 50-day simple moving average is $16.23 and its two-hundred day simple moving average is $15.78. Spok has a twelve month low of $13.24 and a twelve month high of $18.14. The company has a market capitalization of $341.58 million, a price-to-earnings ratio of 23.08 and a beta of 0.33.

Spok (NASDAQ:SPOK) last released its quarterly earnings results on Wednesday, February 26th. The Wireless communications provider reported $0.18 earnings per share 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 firm had revenue of $33.89 million for the quarter, compared to analysts’ expectations of $35.50 million.

Institutional Investors Weigh In On Spok

A number of large investors have recently added to or reduced their stakes in the company. Quest Partners LLC purchased a new position in shares of Spok in the third quarter worth about $473,000. Foundry Partners LLC increased its holdings in shares of Spok by 1.0% in the third quarter. Foundry Partners LLC now owns 437,255 shares of the Wireless communications provider’s stock worth $6,585,000 after buying an additional 4,120 shares during the period. Kingsview Wealth Management LLC purchased a new position in shares of Spok in the third quarter worth about $529,000. Larson Financial Group LLC purchased a new position in shares of Spok in the third quarter worth about $26,000. Finally, Truvestments Capital LLC increased its holdings in shares of Spok by 17.2% in the third quarter. Truvestments Capital LLC now owns 155,965 shares of the Wireless communications provider’s stock worth $2,349,000 after buying an additional 22,925 shares during the period. Hedge funds and other institutional investors own 50.81% of the company’s stock.

Spok Cuts Dividend

The company also recently declared 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 is Friday, March 14th. This represents a $1.25 dividend on an annualized basis and a yield of 7.42%. Spok’s payout ratio is 168.92%.

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.