
Spire Inc. (NYSE:SR – Free Report) – Stock analysts at Zacks Research lowered their Q4 2027 EPS estimates for shares of Spire in a report issued on Thursday, January 15th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of ($0.04) for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Spire’s current full-year earnings is $4.50 per share.
A number of other equities analysts have also recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Spire in a report on Monday, December 29th. Mizuho increased their price objective on Spire from $93.00 to $96.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Morgan Stanley set a $97.00 price objective on Spire in a research report on Thursday, November 20th. BTIG Research upgraded shares of Spire to a “strong-buy” rating in a report on Wednesday, October 22nd. Finally, UBS Group raised their price target on shares of Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $88.55.
Spire Price Performance
SR stock opened at $83.58 on Monday. The stock’s 50 day moving average price is $84.12 and its 200 day moving average price is $81.05. The firm has a market cap of $4.94 billion, a P/E ratio of 19.00, a PEG ratio of 1.50 and a beta of 0.67. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.21 and a current ratio of 0.32. Spire has a 1 year low of $68.48 and a 1 year high of $91.11.
Spire (NYSE:SR – Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The utilities provider reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by ($0.01). Spire had a net margin of 10.96% and a return on equity of 8.78%. The business had revenue of $334.10 million during the quarter, compared to analysts’ expectations of $439.56 million. During the same period last year, the company earned ($0.54) EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.
Spire Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Thursday, December 11th were issued a $0.825 dividend. This is a boost from Spire’s previous quarterly dividend of $0.79. The ex-dividend date was Thursday, December 11th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.9%. Spire’s dividend payout ratio (DPR) is 75.00%.
Institutional Trading of Spire
Institutional investors and hedge funds have recently made changes to their positions in the company. Community Bank N.A. acquired a new position in Spire in the third quarter valued at $25,000. Smartleaf Asset Management LLC increased its stake in Spire by 186.8% during the third quarter. Smartleaf Asset Management LLC now owns 370 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 241 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Spire by 1,957.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 432 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 411 shares during the period. Financial Consulate Inc. purchased a new position in shares of Spire in the 3rd quarter worth about $36,000. Finally, Headlands Technologies LLC acquired a new position in shares of Spire in the 2nd quarter valued at about $38,000. 87.36% of the stock is currently owned by institutional investors and hedge funds.
About Spire
Spire Inc (NYSE: SR), formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire’s service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.
Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.
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