Spire (NYSE:SR) Sets New 52-Week High – Time to Buy?

Spire Inc. (NYSE:SR) hit 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.

Spire News Roundup

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Weiss Ratings raised 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 target on shares of Spire in a research report on Wednesday, January 21st. UBS Group boosted their price target on Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Stifel Nicolaus increased 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. Finally, Mizuho lifted their price objective on Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $90.70.

Spire Price Performance

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

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

Spire Announces Dividend

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

Institutional Investors Weigh In On Spire

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

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.