Spire (NYSE:SR) Issues FY 2027 Earnings Guidance

Spire (NYSE:SR) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 5.650-5.850 for the period, compared to the consensus estimate of 5.700. The company issued revenue guidance of -. Spire also updated its FY 2026 guidance to 5.250-5.450 EPS.

Spire Stock Performance

Shares of Spire stock opened at $85.21 on Tuesday. The business’s fifty day simple moving average is $83.66 and its 200 day simple moving average is $81.64. The company has a current ratio of 0.32, a quick ratio of 0.21 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $5.04 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 1.51 and a beta of 0.67. Spire has a 12 month low of $68.48 and a 12 month high of $91.11.

Spire (NYSE:SR) last released its earnings results on Friday, November 14th. The utilities provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.01). The firm had revenue of $334.10 million during the quarter, compared to analysts’ expectations of $439.56 million. Spire had a return on equity of 8.78% and a net margin of 10.96%.The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.54) earnings per share. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts anticipate that Spire will post 4.5 EPS for the current year.

Spire Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 11th will be paid a $0.825 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $3.30 annualized dividend and a dividend yield of 3.9%. Spire’s dividend payout ratio (DPR) is presently 75.00%.

Analyst Ratings Changes

A number of equities analysts have recently commented on SR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Spire in a report on Monday, December 29th. Morgan Stanley restated an “overweight” rating and set a $93.00 price target on shares of Spire in a research report on Wednesday, January 21st. UBS Group boosted their price objective on shares of Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Jefferies Financial Group restated a “buy” rating and set a $99.00 target price on shares of Spire in a report on Wednesday, January 21st. Finally, Mizuho raised their price target on shares of Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $89.36.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SR. Vise Technologies Inc. purchased a new position in shares of Spire during the 3rd quarter valued at $272,000. Quadrant Capital Group LLC lifted its position in Spire by 12.0% in the third quarter. Quadrant Capital Group LLC now owns 3,236 shares of the utilities provider’s stock worth $264,000 after buying an additional 346 shares during the last quarter. Corient Private Wealth LLC bought a new stake in Spire in the second quarter worth about $400,000. Brevan Howard Capital Management LP bought a new stake in shares of Spire during the second quarter worth $387,000. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Spire during the second quarter valued at approximately $293,000. 87.36% of the stock is 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.