Zacks Research Issues Positive Estimate for Spire Earnings

Spire Inc. (NYSE:SR) – Stock analysts at Zacks Research upped their Q4 2026 earnings estimates for shares of Spire in a research report issued on Thursday, August 27th. Zacks Research analyst Team now anticipates that the utilities provider will earn ($1.00) per share for the quarter, up from their previous forecast of ($1.06). The consensus estimate for Spire’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire’s Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at ($0.53) EPS, FY2027 earnings at $5.47 EPS, Q1 2028 earnings at $2.06 EPS and Q3 2028 earnings at $0.19 EPS.

Several other research firms also recently weighed in on SR. UBS Group decreased their price target 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. BTIG Research set a $101.00 price objective on shares of Spire in a research report on Thursday, July 23rd. Morgan Stanley reduced their price objective on Spire from $96.00 to $91.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $85.00 target price (up from $84.00) on shares of Spire in a report on Friday, June 26th. Finally, Mizuho assumed coverage on Spire in a research report on Tuesday, July 7th. They set an “outperform” rating and a $88.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $94.00.

Spire Stock Performance

Shares of NYSE SR opened at $82.76 on Monday. Spire has a 12-month low of $73.91 and a 12-month high of $95.31. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 1.83 and a beta of 0.54. 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 firm has a 50 day moving average of $81.32 and a 200 day moving average of $85.68.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Franklin Resources Inc. increased its stake in Spire by 0.3% in the 4th quarter. Franklin Resources Inc. now owns 40,489 shares of the utilities provider’s stock worth $3,348,000 after buying an additional 122 shares in the last quarter. Detalus Advisors LLC lifted its position in shares of Spire by 2.3% in the first quarter. Detalus Advisors LLC now owns 6,200 shares of the utilities provider’s stock valued at $561,000 after acquiring an additional 142 shares in the last quarter. Inspire Investing LLC lifted its position in shares of Spire by 2.6% in the fourth quarter. Inspire Investing LLC now owns 5,734 shares of the utilities provider’s stock valued at $474,000 after acquiring an additional 144 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Spire by 40.3% in 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 in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Spire by 16.5% in the fourth quarter. Parallel Advisors LLC now owns 1,136 shares of the utilities provider’s stock worth $94,000 after acquiring an additional 161 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Insider Buying and Selling

In other Spire news, SVP Ryan L. Hyman sold 3,822 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $80.51, for a total value of $307,709.22. Following the completion of the transaction, the senior vice president directly owned 14,295 shares in the company, valued at $1,150,890.45. This represents a 21.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul D. Koonce acquired 500 shares of Spire stock in a transaction dated Thursday, June 11th. The stock was 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 approximately $627,680. This represents a 6.67% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 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 paid a dividend of $0.825 per share. The ex-dividend date is Friday, September 11th. This represents a $3.30 dividend on an annualized basis and a yield of 4.0%. Spire’s dividend payout ratio (DPR) 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.