Spire (NYSE:SR) Issues FY 2026 Earnings Guidance

Spire (NYSE:SR) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.900-4.100 for the period, compared to the consensus earnings per share estimate of 4.020. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

SR has been the topic of several recent research reports. Weiss Ratings upgraded Spire from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. UBS Group decreased their price objective on Spire from $106.00 to $103.00 and set a “buy” rating for the company in a report on Friday, May 8th. Wolfe Research assumed coverage on shares of Spire in a research report on Tuesday, May 26th. They issued a “peer perform” rating for the company. Morgan Stanley restated an “overweight” rating on shares of Spire in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $85.00 price objective (up from $84.00) on shares of Spire in a report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Spire currently has an average rating of “Moderate Buy” and an average target price of $94.50.

Spire Stock Performance

Shares of SR opened at $79.72 on Wednesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.48 and a current ratio of 0.55. The stock has a 50 day moving average price of $80.37 and a two-hundred day moving average price of $86.00. The firm has a market capitalization of $4.71 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.79 and a beta of 0.52. Spire has a 52 week low of $73.91 and a 52 week high of $95.31.

Spire (NYSE:SR) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.32) by $0.06. Spire had a return on equity of 9.49% and a net margin of 13.97%.The firm had revenue of $420.20 million during the quarter, compared to the consensus estimate of $394.62 million. During the same period in the prior year, the business posted $0.01 earnings per share. The company’s quarterly revenue was up 19.2% compared to the same quarter last year. Spire has set its FY 2026 guidance at 3.900-4.100 EPS. Equities analysts forecast that Spire will post 4.01 earnings per share for the current fiscal year.

Spire Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be issued a dividend of $0.825 per share. The ex-dividend date is Friday, September 11th. This represents a $3.30 annualized dividend and a yield of 4.1%. Spire’s dividend payout ratio is 58.00%.

Insiders Place Their Bets

In related news, Director Paul D. Koonce acquired 500 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average cost of $78.46 per share, for a total transaction of $39,230.00. Following the purchase, the director owned 8,000 shares in the company, valued at approximately $627,680. The trade was a 6.67% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ryan L. Hyman sold 3,822 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $80.51, for a total value of $307,709.22. Following the transaction, the senior vice president owned 14,295 shares in the company, valued at approximately $1,150,890.45. This trade represents a 21.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders purchased a total of 3,000 shares of company stock valued at $251,100 over the last three months. 2.26% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SR. Adage Capital Partners GP L.L.C. grew its position in Spire by 158.1% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,000,000 shares of the utilities provider’s stock worth $72,990,000 after purchasing an additional 612,500 shares in the last quarter. Invesco Ltd. increased its stake in Spire by 44.4% in the 3rd quarter. Invesco Ltd. now owns 846,263 shares of the utilities provider’s stock valued at $68,987,000 after buying an additional 260,344 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Spire by 40.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 647,646 shares of the utilities provider’s stock worth $53,560,000 after buying an additional 185,796 shares in the last quarter. UBS Group AG lifted its position in shares of Spire by 53.0% during the 3rd quarter. UBS Group AG now owns 497,657 shares of the utilities provider’s stock worth $40,569,000 after buying an additional 172,493 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Spire by 108.5% in the 4th quarter. Millennium Management LLC now owns 296,347 shares of the utilities provider’s stock worth $24,508,000 after buying an additional 154,237 shares during the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

Spire Company Profile

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.