Spire Stock Sees Q4 Earnings Forecast Cut at Zacks Research

Spire Inc. (NYSE:SR) – Analysts at Zacks Research cut their Q4 2026 earnings per share estimates for Spire in a research note issued on Friday, October 23rd. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of ($1.02) for the quarter, down from their prior estimate of ($1.01). The consensus estimate for Spire’s current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Spire’s Q1 2027 earnings at $1.85 EPS, Q3 2027 earnings at ($0.04) EPS, Q4 2027 earnings at ($0.51) EPS and FY2028 earnings at $6.10 EPS.

Several other research analysts have also commented on SR. Weiss Ratings upgraded shares of Spire from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Morgan Stanley reduced their price objective on shares of Spire from $91.00 to $88.00 and set an “overweight” rating for the company in a research note on Friday, September 18th. BTIG Research reiterated a “buy” rating and issued a $102.00 price objective on shares of Spire in a report on Monday, September 21st. Wall Street Zen raised shares of Spire from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Mizuho assumed coverage on Spire in a report on Tuesday, July 7th. They set an “outperform” rating and a $88.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $92.58.

Spire Trading Up 0.6%

NYSE:SR opened at $85.72 on Tuesday. The company has a market capitalization of $5.07 billion, a P/E ratio of 17.76, a P/E/G ratio of 1.39 and a beta of 0.52. The stock’s 50 day moving average price is $80.78 and its 200 day moving average price is $84.44. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.27 and a current ratio of 0.37. Spire has a 52 week low of $74.84 and a 52 week high of $95.31.

Spire (NYSE:SR) last issued its earnings results 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 company had revenue of $420.20 million for the quarter, compared to analyst estimates of $394.62 million. Spire had a return on equity of 8.65% and a net margin of 21.48%. The business’s revenue was up 19.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.01 EPS. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Institutional Trading of Spire

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in Spire in the 2nd quarter worth approximately $667,642,000. Wellington Management Group LLP boosted its position in shares of Spire by 1.4% in the second quarter. Wellington Management Group LLP now owns 667,616 shares of the utilities provider’s stock valued at $52,134,000 after acquiring an additional 8,927 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Spire in the second quarter worth $45,993,000. The Manufacturers Life Insurance Company grew its stake in shares of Spire by 0.4% in the first quarter. The Manufacturers Life Insurance Company now owns 479,716 shares of the utilities provider’s stock worth $43,433,000 after acquiring an additional 1,745 shares during the last quarter. Finally, Energy Income Partners LLC increased its position in Spire by 1.6% during the first quarter. Energy Income Partners LLC now owns 402,270 shares of the utilities provider’s stock worth $36,422,000 after acquiring an additional 6,505 shares during the period. Institutional investors own 87.36% of the company’s stock.

Spire Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were issued a dividend of $0.8250 per share. This represents a $3.30 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, September 11th. Spire’s dividend payout ratio is 36.79%.

About Spire

Spire Inc is an energy company that provides natural gas services to residential, commercial, industrial and other customers. Through its regulated utility operations, the company distributes natural gas and provides related customer services, with a focus on delivering dependable energy and maintaining the infrastructure needed to serve its communities.

Spire’s regulated utilities serve customers primarily in Missouri and Alabama, with operations that have also included service in Mississippi.