Zacks Research Brokers Boost Earnings Estimates for Spire Inc. (NYSE:SR)

Spire Inc. (NYSE:SR) – Stock analysts at Zacks Research increased their Q1 2026 EPS estimates for Spire in a research report issued on Tuesday, June 25th. Zacks Research analyst R. Department now expects that the utilities provider will earn $1.42 per share for the quarter, up from their previous estimate of $1.41. The consensus estimate for Spire’s current full-year earnings is $4.32 per share. Zacks Research also issued estimates for Spire’s FY2026 earnings at $4.86 EPS.

Spire (NYSE:SR) last posted its earnings results on Wednesday, May 1st. The utilities provider reported $3.45 EPS for the quarter, missing analysts’ consensus estimates of $3.86 by ($0.41). Spire had a net margin of 9.05% and a return on equity of 7.88%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company earned $3.70 EPS. The company’s revenue was up .5% on a year-over-year basis.

Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $65.00 price target on shares of Spire in a research note on Tuesday, April 16th. StockNews.com raised shares of Spire from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. LADENBURG THALM/SH SH assumed coverage on shares of Spire in a research note on Friday, April 26th. They set a “neutral” rating and a $57.50 price target on the stock. Mizuho downgraded shares of Spire from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $64.00 to $62.00 in a research note on Thursday, May 2nd. Finally, Morgan Stanley cut their target price on Spire from $67.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Monday, June 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $61.83.

Spire Stock Up 1.0 %

Spire stock opened at $60.73 on Thursday. Spire has a 1-year low of $53.77 and a 1-year high of $66.48. The business has a fifty day moving average price of $60.62 and a 200-day moving average price of $60.43. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.61 and a quick ratio of 0.48. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 2.74 and a beta of 0.51.

Spire Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 11th will be issued a $0.755 dividend. The ex-dividend date is Tuesday, June 11th. This represents a $3.02 annualized dividend and a dividend yield of 4.97%. Spire’s dividend payout ratio (DPR) is presently 76.26%.

Insider Transactions at Spire

In related news, EVP Steven P. Rasche purchased 4,500 shares of Spire stock in a transaction that occurred on Thursday, June 13th. The stock was bought at an average cost of $23.83 per share, for a total transaction of $107,235.00. Following the completion of the transaction, the executive vice president now owns 16,500 shares in the company, valued at $393,195. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.86% of the company’s stock.

Institutional Trading of Spire

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Securian Asset Management Inc. boosted its stake in shares of Spire by 3.8% during the 1st quarter. Securian Asset Management Inc. now owns 4,521 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 166 shares in the last quarter. Congress Asset Management Co. MA increased its position in shares of Spire by 0.3% in the fourth quarter. Congress Asset Management Co. MA now owns 64,144 shares of the utilities provider’s stock valued at $3,999,000 after buying an additional 167 shares in the last quarter. Retirement Systems of Alabama raised its stake in shares of Spire by 0.3% during the 4th quarter. Retirement Systems of Alabama now owns 65,882 shares of the utilities provider’s stock worth $4,107,000 after buying an additional 201 shares during the period. New York State Common Retirement Fund raised its stake in shares of Spire by 1.0% during the 4th quarter. New York State Common Retirement Fund now owns 21,048 shares of the utilities provider’s stock worth $1,312,000 after buying an additional 205 shares during the period. Finally, Signaturefd LLC lifted its position in shares of Spire by 34.4% during the 4th quarter. Signaturefd LLC now owns 887 shares of the utilities provider’s stock valued at $55,000 after buying an additional 227 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

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.