Spire (NYSE:SR) Issues FY 2027 Earnings Guidance

Spire (NYSE:SR) updated its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 5.650-5.850 for the period, compared to the consensus EPS estimate of 5.490. The company issued revenue guidance of -. Spire also updated its FY 2026 guidance to 5.250-5.450 EPS.

Analyst Upgrades and Downgrades

SR has been the topic of several analyst reports. UBS Group increased their target price on shares of Spire from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Bank of America upgraded Spire from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $76.00 to $89.00 in a report on Wednesday, October 29th. BTIG Research upgraded shares of Spire to a “strong-buy” rating in a research note on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Spire in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group raised Spire to a “strong-buy” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Spire presently has an average rating of “Moderate Buy” and a consensus price target of $86.08.

Spire Stock Performance

SR opened at $87.06 on Friday. The stock’s 50 day simple moving average is $83.24 and its 200-day simple moving average is $77.76. The company has a current ratio of 0.37, a quick ratio of 0.27 and a debt-to-equity ratio of 1.08. The stock has a market cap of $5.14 billion, a PE ratio of 18.80, a P/E/G ratio of 2.50 and a beta of 0.72. Spire has a 1 year low of $64.44 and a 1 year high of $91.11.

Spire (NYSE:SR) 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 11.56% and a return on equity of 8.66%. The business had revenue of $334.10 million during the quarter, compared to the consensus estimate of $439.56 million. During the same period last year, the firm earned ($0.54) EPS. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. Spire has set its FY 2027 guidance at 5.650-5.850 EPS. FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts forecast that Spire will post 4.5 EPS for the current year.

Spire Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Thursday, December 11th will be paid a $0.825 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.30 annualized dividend and a yield of 3.8%. This is a positive change from Spire’s previous quarterly dividend of $0.79. Spire’s payout ratio is presently 67.82%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp increased its position in shares of Spire by 1.9% during the 2nd quarter. State Street Corp now owns 3,351,641 shares of the utilities provider’s stock worth $247,162,000 after purchasing an additional 61,851 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Spire by 7.7% during the second quarter. Captrust Financial Advisors now owns 1,135,167 shares of the utilities provider’s stock worth $82,856,000 after purchasing an additional 80,929 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Spire by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,021,878 shares of the utilities provider’s stock valued at $83,303,000 after buying an additional 14,740 shares during the last quarter. Adage Capital Partners GP L.L.C. raised its holdings in Spire by 158.1% during 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 during the last quarter. Finally, Invesco Ltd. grew its holdings in Spire by 44.4% during the 3rd quarter. Invesco Ltd. now owns 846,263 shares of the utilities provider’s stock worth $68,987,000 after acquiring an additional 260,344 shares during the period. 87.36% of the stock is owned by institutional investors.

Spire Company Profile

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.