Spire (NYSE:SR) Reaches New 12-Month High – Still a Buy?

Spire Inc. (NYSE:SR)’s share price reached a new 52-week high on Friday . The company traded as high as $92.55 and last traded at $92.8440, with a volume of 58954 shares traded. The stock had previously closed at $90.80.

Key Headlines Impacting Spire

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks raised FY2026, FY2027 and FY2028 full‑year EPS views (FY2026 to $5.29, FY2027 to $5.66, FY2028 to $6.05), which signals an improved medium‑term earnings outlook relative to prior estimates and can support valuation. Zacks raises FY estimates
• Positive Sentiment: Zacks lifted several quarterly estimates that matter for near‑term cadence (notably Q2 2026 to $3.78 and Q2 2027 to $3.92, and Q1 2027 to $1.76), suggesting stronger expected seasonal performance in those periods. Zacks raises quarterly estimates
• Neutral Sentiment: A filing from Dimensional Fund Advisors (Form 8.3) discloses activity in Spire Healthcare Group PLC (a separate U.K. company, not NYSE:SR). This is likely unrelated to Spire Inc.’s U.S. operations but may cause ticker confusion among some investors. Dimensional Fund Advisors Form 8.3
• Negative Sentiment: Zacks trimmed several near‑term quarterly EPS forecasts (Q3 2026 to $0.15 from $0.20; Q3 2027 to $0.17 from $0.26; Q1 2028 to $1.73 from $1.82; Q4 2026 and Q4 2027 both revised lower), indicating weaker expected sequential performance in specific quarters and adding short‑term uncertainty. Zacks cuts quarterly estimates

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. UBS Group boosted their target price on Spire from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Stifel Nicolaus boosted their price objective on shares of Spire from $81.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Morgan Stanley restated an “overweight” rating and issued a $100.00 target price on shares of Spire in a research note on Friday, February 20th. Weiss Ratings raised shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Finally, Mizuho increased their price target on shares of Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $90.70.

Spire Stock Up 2.2%

The company has a market capitalization of $5.48 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The firm’s 50-day simple moving average is $85.22 and its 200 day simple moving average is $83.22. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.45 and a current ratio of 0.61.

Spire (NYSE:SR) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.15. The business had revenue of $762.20 million during the quarter, compared to the consensus estimate of $785.54 million. Spire had a net margin of 10.95% and a return on equity of 9.43%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.34 EPS. 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 research analysts forecast that Spire Inc. will post 4.5 earnings per share for the current year.

Spire Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.825 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $3.30 annualized dividend and a dividend yield of 3.6%. Spire’s payout ratio is 71.74%.

Institutional Trading of Spire

A number of institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. grew its holdings in Spire by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 40,489 shares of the utilities provider’s stock valued at $3,348,000 after purchasing an additional 122 shares during the last quarter. MBM Wealth Consultants LLC raised its stake in shares of Spire by 2.6% during the 3rd quarter. MBM Wealth Consultants LLC now owns 5,507 shares of the utilities provider’s stock worth $449,000 after buying an additional 140 shares during the last quarter. Inspire Investing LLC boosted its position in shares of Spire by 2.6% in the 4th quarter. Inspire Investing LLC now owns 5,734 shares of the utilities provider’s stock worth $474,000 after buying an additional 144 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Spire by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 17,461 shares of the utilities provider’s stock worth $1,274,000 after buying an additional 146 shares in the last quarter. Finally, Intrua Financial LLC grew its stake in Spire by 4.6% in the 3rd quarter. Intrua Financial LLC now owns 3,399 shares of the utilities provider’s stock valued at $277,000 after acquiring an additional 148 shares during the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

About Spire

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.