Analysts Offer Predictions for Spire’s Q1 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Research analysts at Zacks Research boosted their Q1 2027 earnings per share (EPS) estimates for Spire in a research report issued to clients and investors on Wednesday, September 2nd. Zacks Research analyst Team now anticipates that the utilities provider will earn $1.85 per share for the quarter, up from their prior forecast of $1.84. The consensus estimate for Spire’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire’s Q3 2028 earnings at $0.18 EPS and FY2028 earnings at $6.11 EPS.

Spire (NYSE:SR) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.06. Spire had a net margin of 21.48% and a return on equity of 8.65%. The firm had revenue of $420.20 million for the quarter, compared to analysts’ expectations of $394.62 million. During the same quarter in the previous year, the company posted $0.01 EPS. The company’s revenue was up 19.2% compared to the same quarter last year. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Other research analysts have also issued reports about the company. Wolfe Research started coverage on Spire in a report on Tuesday, May 26th. They issued a “peer perform” rating for the company. UBS Group reduced their price target on shares of Spire from $106.00 to $103.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Wells Fargo & Company began coverage on Spire in a research note on Monday, May 11th. They issued an “overweight” rating and a $96.00 target price on the stock. Wall Street Zen raised Spire from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $85.00 price objective (up from $84.00) on shares of Spire in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

Spire Trading Up 0.2%

NYSE SR opened at $82.98 on Thursday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.37 and a quick ratio of 0.27. The stock has a market capitalization of $4.91 billion, a P/E ratio of 9.25, a PEG ratio of 1.85 and a beta of 0.54. The firm’s 50-day moving average is $81.39 and its two-hundred day moving average is $85.63. Spire has a 12 month low of $73.91 and a 12 month high of $95.31.

Institutional Investors Weigh In On Spire

Large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC bought a new stake in Spire during the 1st quarter valued at approximately $3,631,000. South Street Advisors LLC acquired a new position in Spire in the 4th quarter valued at approximately $15,213,000. Hsbc Holdings PLC acquired a new stake in shares of Spire during the 4th quarter worth approximately $1,490,000. Quantinno Capital Management LP raised its stake in shares of Spire by 104.7% in the first quarter. Quantinno Capital Management LP now owns 45,257 shares of the utilities provider’s stock valued at $4,098,000 after purchasing an additional 23,149 shares in the last quarter. Finally, Hennessy Advisors Inc. increased its holdings in Spire by 15.7% in the 2nd quarter. Hennessy Advisors Inc. now owns 60,441 shares of the utilities provider’s stock valued at $4,720,000 after buying an additional 8,200 shares during the period. Institutional investors own 87.36% of the company’s stock.

Insider Buying and Selling

In related news, SVP Ryan L. Hyman sold 3,822 shares of Spire stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $80.51, for a total transaction of $307,709.22. Following the sale, the senior vice president directly owned 14,295 shares in the company, valued at $1,150,890.45. The trade was a 21.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul D. Koonce bought 500 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were purchased at an average cost of $78.46 per share, for a total transaction of $39,230.00. Following the completion of the acquisition, the director owned 8,000 shares of the company’s stock, valued at $627,680. This trade represents a 6.67% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.26% of the company’s stock.

Spire Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Spire’s dividend payout ratio is presently 36.79%.

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.