Zacks Research Issues Optimistic Outlook for Spire Earnings

Spire Inc. (NYSE:SR) – Equities research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of Spire in a report issued on Thursday, August 27th. Zacks Research analyst Team now anticipates that the utilities provider will earn $1.84 per share for the quarter, up from their previous forecast of $1.65. The consensus estimate for Spire’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire’s Q2 2027 earnings at $4.06 EPS, Q2 2028 earnings at $4.27 EPS and FY2028 earnings at $6.07 EPS.

Spire (NYSE:SR) last released its quarterly earnings data 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 return on equity of 8.65% and a net margin of 21.48%.The business had revenue of $420.20 million for the quarter, compared to analyst estimates of $394.62 million. During the same period last year, the firm posted $0.01 earnings per share. Spire’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 equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Spire from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Morgan Stanley lowered their price objective on shares of Spire from $96.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Weiss Ratings raised shares of Spire from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Mizuho started coverage on shares of Spire in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $88.00 price objective for the company. Finally, UBS Group cut their target price on shares of Spire from $106.00 to $103.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

Spire Stock Down 1.3%

Shares of NYSE SR opened at $82.59 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.27 and a debt-to-equity ratio of 1.61. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 9.21, a PEG ratio of 1.87 and a beta of 0.52. Spire has a 12 month low of $73.91 and a 12 month high of $95.31. The stock has a 50-day moving average price of $81.00 and a two-hundred day moving average price of $85.78.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC acquired a new stake in Spire during the 4th quarter worth approximately $25,000. MV Capital Management Inc. acquired a new position in Spire in the 4th quarter valued at approximately $33,000. SHP Wealth Management acquired a new position in Spire in the 4th quarter valued at approximately $35,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Spire during the first quarter valued at $43,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Spire by 40.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 519 shares of the utilities provider’s stock valued at $43,000 after acquiring an additional 149 shares during the last quarter. Institutional investors own 87.36% of the company’s stock.

Insider Activity

In other news, Director Paul D. Koonce purchased 500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average cost of $78.46 per share, with a total value of $39,230.00. Following the completion of the purchase, the director owned 8,000 shares of the company’s stock, valued at $627,680. This trade represents a 6.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, 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 value 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. Additional details regarding this sale are available in the official SEC disclosure. 2.26% of the stock is currently owned by company insiders.

Spire Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given a $0.825 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.30 annualized dividend and a yield of 4.0%. Spire’s dividend payout ratio (DPR) is currently 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.