Spire (SR) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Spire (NYSE: SR) recently:

• 3/19/2025 – Spire had its price target raised by analysts at Mizuho from $76.00 to $82.00. They now have an “outperform” rating on the stock.
• 3/18/2025 – Spire was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/17/2025 – Spire was upgraded by analysts at LADENBURG THALM/SH SH to a “strong-buy” rating.
• 2/26/2025 – Spire was upgraded by analysts at LADENBURG THALM/SH SH from a “sell” rating to a “buy” rating. They now have a $83.00 price target on the stock.
• 2/14/2025 – Spire was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/6/2025 – Spire was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/19/2025 – Spire was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Spire Price Performance

NYSE:SR traded up $0.14 during mid-day trading on Wednesday, hitting $76.45. 114,079 shares of the stock traded hands, compared to its average volume of 340,300. The business’s 50-day moving average price is $72.69 and its 200 day moving average price is $68.97. The company has a market cap of $4.46 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 2.82 and a beta of 0.53. Spire Inc. has a 12-month low of $57.27 and a 12-month high of $78.80. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21.

Spire (NYSE:SR) last issued its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.34 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.08). Spire had a return on equity of 7.88% and a net margin of 9.70%. On average, analysts expect that Spire Inc. will post 4.5 EPS for the current fiscal year.

Spire Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s payout ratio is presently 76.03%.

Institutional Trading of Spire

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Spire by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 6,168,221 shares of the utilities provider’s stock worth $418,390,000 after acquiring an additional 46,434 shares during the period. State Street Corp raised its stake in Spire by 1.4% during the 3rd quarter. State Street Corp now owns 3,154,230 shares of the utilities provider’s stock worth $214,535,000 after acquiring an additional 44,969 shares during the period. Geode Capital Management LLC raised its stake in Spire by 5.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,385,452 shares of the utilities provider’s stock worth $93,244,000 after acquiring an additional 71,798 shares during the period. Wellington Management Group LLP raised its stake in Spire by 29.0% during the 4th quarter. Wellington Management Group LLP now owns 1,022,870 shares of the utilities provider’s stock worth $69,381,000 after acquiring an additional 229,662 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Spire by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,002,938 shares of the utilities provider’s stock worth $68,028,000 after acquiring an additional 15,835 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

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.