Analysts Set Spire Inc. (NYSE:SR) Target Price at $88.82

Spire Inc. (NYSE:SR) has received a consensus rating of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $88.8182.

SR has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $99.00 target price on shares of Spire in a research report on Wednesday, January 21st. BTIG Research raised Spire to a “strong-buy” rating in a research note on Wednesday, October 22nd. Morgan Stanley reiterated an “overweight” rating and issued a $93.00 price objective on shares of Spire in a report on Wednesday, January 21st. UBS Group increased their price objective on Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Finally, Bank of America upgraded Spire from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $76.00 to $89.00 in a research report on Wednesday, October 29th.

Hedge Funds Weigh In On Spire

Institutional investors and hedge funds have recently made changes to their positions in the business. Csenge Advisory Group lifted its position in Spire by 131.0% in the third 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 during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Spire by 404.1% in the second quarter. Coldstream Capital Management Inc. now owns 3,710 shares of the utilities provider’s stock worth $273,000 after buying an additional 2,974 shares during the period. Regent Peak Wealth Advisors LLC purchased a new position in shares of Spire in the third quarter worth $4,064,000. Pacer Advisors Inc. bought a new stake in Spire during the 3rd quarter valued at $1,092,000. Finally, CWM LLC boosted its position in Spire by 19.7% during the 2nd quarter. CWM LLC now owns 19,723 shares of the utilities provider’s stock valued at $1,440,000 after buying an additional 3,241 shares during the period. Institutional investors own 87.36% of the company’s stock.

Spire Stock Performance

NYSE:SR opened at $84.10 on Friday. The stock has a market cap of $4.97 billion, a P/E ratio of 19.11, a PEG ratio of 1.48 and a beta of 0.67. The company has a quick ratio of 0.21, a current ratio of 0.32 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average price is $83.79 and its two-hundred day moving average price is $81.32. Spire has a twelve month low of $68.48 and a twelve month high of $91.11.

Spire (NYSE:SR) last posted its quarterly earnings data on Friday, November 14th. The utilities provider reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.01). Spire had a return on equity of 8.78% and a net margin of 10.96%.The company had revenue of $334.10 million during the quarter, compared to the consensus estimate of $439.56 million. During the same quarter last year, the company posted ($0.54) earnings per share. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. 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, equities analysts predict that Spire will post 4.5 EPS for the current fiscal year.

Spire Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Thursday, December 11th were issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Thursday, December 11th. This is a positive change from Spire’s previous quarterly dividend of $0.79. Spire’s dividend payout ratio (DPR) is presently 75.00%.

Key Headlines Impacting Spire

Here are the key news stories impacting Spire this week:

• Neutral Sentiment: Multiple outlets report Spire Motorsports announcing new sponsor partnerships (including the Cal Ripken Sr. Foundation) and liveries for upcoming races — these are marketing/sponsorship items for the racing team named “Spire,” not Spire Inc. (the regulated utility). They are unlikely to be material to SR’s utility operations or earnings. Spire Motorsports Unveils Major Sponsor Deals Ahead of Clash
• Neutral Sentiment: Additional articles cover the Cal Ripken Sr. Foundation returning to the No. 7 Chevrolet with Spire Motorsports and Daniel Suárez — same racing sponsorship story repeated across outlets. Again, this is not corporate news for Spire Inc. (SR) and is unlikely to move SR’s fundamentals. CAL RIPKEN, SR. FOUNDATION RETURNS TO NO. 7 CHEVROLET
• Neutral Sentiment: Several pieces reference Spire Healthcare (UK, ticker SPI) drawing private-equity interest (Bridgepoint, Triton). That is a separate company and should not be conflated with Spire Inc. (SR). Any price moves in Spire Healthcare shares are not direct indicators of SR’s utility business. Spire Healthcare shares climb after confirming talks with buyout firms

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.