Spire (NYSE:SR) Sets New 1-Year High – Still a Buy?

Shares of Spire Inc. (NYSE:SR) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $92.55 and last traded at $92.8440, with a volume of 58954 shares changing hands. The stock had previously closed at $90.80.

Key Spire News

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks raised FY2026, FY2027 and FY2028 full‑year EPS views (FY2026 to $5.29, FY2027 to $5.66, FY2028 to $6.05), which signals an improved medium‑term earnings outlook relative to prior estimates and can support valuation. Zacks raises FY estimates
• Positive Sentiment: Zacks lifted several quarterly estimates that matter for near‑term cadence (notably Q2 2026 to $3.78 and Q2 2027 to $3.92, and Q1 2027 to $1.76), suggesting stronger expected seasonal performance in those periods. Zacks raises quarterly estimates
• Neutral Sentiment: A filing from Dimensional Fund Advisors (Form 8.3) discloses activity in Spire Healthcare Group PLC (a separate U.K. company, not NYSE:SR). This is likely unrelated to Spire Inc.’s U.S. operations but may cause ticker confusion among some investors. Dimensional Fund Advisors Form 8.3
• Negative Sentiment: Zacks trimmed several near‑term quarterly EPS forecasts (Q3 2026 to $0.15 from $0.20; Q3 2027 to $0.17 from $0.26; Q1 2028 to $1.73 from $1.82; Q4 2026 and Q4 2027 both revised lower), indicating weaker expected sequential performance in specific quarters and adding short‑term uncertainty. Zacks cuts quarterly estimates

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Stifel Nicolaus lifted their price objective on Spire from $81.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Mizuho raised their price target on Spire from $93.00 to $96.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Weiss Ratings upgraded shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Jefferies Financial Group reissued a “buy” rating and set a $99.00 price objective on shares of Spire in a research report on Wednesday, January 21st. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Spire in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Spire has a consensus rating of “Moderate Buy” and an average price target of $90.70.

Spire Price Performance

The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $5.48 billion, a P/E ratio of 20.17, a P/E/G ratio of 1.43 and a beta of 0.67. The firm has a fifty day moving average of $85.22 and a 200 day moving average of $83.22.

Spire (NYSE:SR) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.15. Spire had a net margin of 10.95% and a return on equity of 9.43%. The firm had revenue of $762.20 million during the quarter, compared to analyst estimates of $785.54 million. During the same period in the previous year, the business posted $1.34 earnings per share. The business’s revenue for the quarter was up 13.9% 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. On average, equities research analysts anticipate that Spire Inc. will post 4.5 EPS for the current year.

Spire Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, March 11th. Spire’s dividend payout ratio is presently 71.74%.

Institutional Trading of Spire

Hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Spire by 21.5% during the third quarter. Principal Financial Group Inc. now owns 219,861 shares of the utilities provider’s stock valued at $17,923,000 after purchasing an additional 38,875 shares in the last quarter. Csenge Advisory Group raised its position in shares of Spire by 131.0% during the 3rd quarter. Csenge Advisory Group now owns 37,400 shares of the utilities provider’s stock valued at $3,049,000 after buying an additional 21,211 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of Spire by 404.1% in the 2nd quarter. Coldstream Capital Management Inc. now owns 3,710 shares of the utilities provider’s stock valued at $273,000 after acquiring an additional 2,974 shares during the last quarter. Regent Peak Wealth Advisors LLC purchased a new position in Spire in the third quarter worth about $4,064,000. Finally, ProShare Advisors LLC grew its position in Spire by 5.2% in the third quarter. ProShare Advisors LLC now owns 550,974 shares of the utilities provider’s stock worth $44,915,000 after acquiring an additional 27,292 shares in the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

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.