Zacks Research Has Optimistic Outlook of Spire Q2 Earnings

Spire Inc. (NYSE:SR) – Analysts at Zacks Research increased their Q2 2026 EPS estimates for Spire in a research note issued to investors on Friday, March 20th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $3.82 per share for the quarter, up from their prior forecast of $3.78. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q1 2027 earnings at $1.77 EPS, Q2 2027 earnings at $3.98 EPS, Q3 2027 earnings at $0.16 EPS, FY2027 earnings at $5.67 EPS and Q1 2028 earnings at $1.71 EPS.

Several other brokerages have also recently commented on SR. Weiss Ratings upgraded Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 target price on shares of Spire in a research note on Friday, February 20th. Stifel Nicolaus upped their target price on shares of Spire from $81.00 to $87.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. UBS Group increased their target price on shares of Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $99.00 price target on shares of Spire in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $90.70.

Spire Price Performance

Shares of Spire stock opened at $90.59 on Monday. The stock has a market capitalization of $5.35 billion, a P/E ratio of 19.69, a PEG ratio of 1.43 and a beta of 0.64. The business has a 50 day simple moving average of $88.13 and a two-hundred day simple moving average of $85.11. Spire has a 12 month low of $69.94 and a 12 month high of $94.27. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.61 and a quick ratio of 0.45.

Spire (NYSE:SR) last issued its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.15. Spire had a net margin of 10.95% and a return on equity of 9.43%. The firm had revenue of $762.20 million for the quarter, compared to analyst estimates of $785.54 million. During the same period last year, the company posted $1.34 EPS. Spire’s quarterly revenue was up 13.9% compared to the same quarter last year. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.

Spire Announces Dividend

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

Institutional Investors Weigh In On Spire

A number of hedge funds have recently modified their holdings of SR. Community Bank N.A. purchased a new position in Spire during the third quarter worth about $25,000. Sound Income Strategies LLC purchased a new stake in shares of Spire in the 4th quarter valued at approximately $25,000. Optima Capital LLC acquired a new stake in shares of Spire during the 4th quarter worth approximately $25,000. Los Angeles Capital Management LLC acquired a new stake in shares of Spire during the 4th quarter worth approximately $25,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Spire by 186.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 370 shares of the utilities provider’s stock valued at $30,000 after buying an additional 241 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

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.