SPY— State Street SPDR S&P 500 ETF Trust
NYSEArcaState Street SPDR S&P 500 ETF Trust (SPY) ETF trades at $733.58, down 1.45% on the day. SPY is an exchange-traded fund (ETF) — a single, diversified holding that trades like a stock. It trades at a price-to-earnings (P/E) ratio of 26.3. Below you'll find SPY's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
State Street SPDR S&P 500 ETF Trust (SPY) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
State Street SPDR S&P 500 ETF Trust (SPY) is a publicly traded company on the US stock market.
No strong bullish signals found
- P/E of 26.3× is above average — valuation requires continued strong growth to justify
Verdict
Caution
More risks than strengths. Consider waiting for fundamentals to improve before adding.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $733.58
Graham Number
√(22.5 × EPS × Book Value)
N/A
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$110.05
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
3/10
100% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
Return on equity — measures how efficiently capital is used
Positive profit margin
Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
Low financial leverage reduces risk of distress
Current ratio above 1
Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$43.7B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
Current DY
—
5Y Avg Annual
$6.2002
Last Payment
$1.9040
Ex-Date
06/18/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest06/18/2026 | 07/02/2026 | $1.9040 | 1.04% |
03/20/2026 | 04/03/2026 | $1.7970 | 0.98% |
12/19/2025 | 01/02/2026 | $1.9930 | 1.09% |
09/19/2025 | 10/03/2025 | $1.8310 | 1.00% |
06/20/2025 | 07/04/2025 | $1.7610 | 0.96% |
03/21/2025 | 04/04/2025 | $1.6960 | 0.92% |
12/20/2024 | 01/03/2025 | $1.9660 | 1.07% |
09/20/2024 | 10/04/2024 | $1.7460 | 0.95% |
Magic Number
Shares needed to self-fund your next purchase
$733.58
Price
$1.9040
Last div. (quarterly)
386
shares
Own 386 SPY shares ($283,161.88) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$283,161.88
New shares / year
+4 shares
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About State Street SPDR S&P 500 ETF Trust
The trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
SPY — Frequently Asked Questions
What is SPY's stock price today?
State Street SPDR S&P 500 ETF Trust (SPY) trades at $733.58, down 1.45% on the session. Prices on this page update throughout the trading day.
Does SPY pay a dividend?
No. State Street SPDR S&P 500 ETF Trust (SPY) does not currently pay a dividend, so the return comes entirely from share-price appreciation.
Is SPY overvalued?
With a P/E ratio of 26.3×, SPY is valued above the broad-market average for the sector. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.