Spire (NYSE:SR) Issues FY 2026 Earnings Guidance

Spire (NYSE:SR) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.900-4.100 for the period, compared to the consensus earnings per share estimate of 4.020. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Spire in a research note on Wednesday, July 22nd. Wells Fargo & Company initiated coverage on shares of Spire in a report on Monday, May 11th. They issued an “overweight” rating and a $96.00 target price for the company. UBS Group reduced their price target on shares of Spire from $106.00 to $103.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Weiss Ratings raised Spire from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Finally, Wall Street Zen cut Spire from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Spire presently has an average rating of “Moderate Buy” and an average price target of $94.50.

Spire Price Performance

Shares of Spire stock traded up $0.12 on Thursday, hitting $80.90. The company’s stock had a trading volume of 271,369 shares, compared to its average volume of 448,532. Spire has a 52-week low of $73.91 and a 52-week high of $95.31. The company has a quick ratio of 0.48, a current ratio of 0.55 and a debt-to-equity ratio of 1.69. The firm has a fifty day moving average price of $80.27 and a 200-day moving average price of $85.98. The company has a market capitalization of $4.78 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.77 and a beta of 0.52.

Spire (NYSE:SR) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates 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 13.97% and a return on equity of 9.49%. The firm’s revenue was up 19.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.01 EPS. Spire has set its FY 2026 guidance at 3.900-4.100 EPS. On average, equities research analysts expect that Spire will post 4.01 earnings per share for the current fiscal year.

Spire Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 11th. Spire’s dividend payout ratio (DPR) is 58.00%.

Insider Activity at Spire

In related news, Director Paul D. Koonce acquired 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of $85.81 per share, for a total transaction of $171,620.00. Following the transaction, the director directly owned 7,000 shares of the company’s stock, valued at approximately $600,670. This trade represents a 40.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the senior vice president directly owned 14,295 shares in the company, valued at approximately $1,150,890.45. The trade was a 21.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have purchased a total of 3,000 shares of company stock valued at $251,100 over the last 90 days. Insiders own 2.26% of the company’s stock.

Spire News Summary

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Fiscal third-quarter revenue rose 19.2% year over year to $420.2 million, exceeding the roughly $394.6 million analyst estimate. Adjusted loss from continuing operations was $0.26 per share, better than the $0.32 loss expected in the MarketBeat consensus. Spire reports FY26 third quarter results
• Positive Sentiment: Management reaffirmed fiscal 2026 adjusted EPS guidance of $3.90–$4.10, fiscal 2027 guidance of $5.40–$5.60, and its long-term adjusted earnings growth target of 5%–7%, reducing the risk of a near-term outlook cut. Spire Inc. 2026 Q3 Results Earnings Call Presentation
• Positive Sentiment: Spire completed the divestitures of its Spire Marketing and Spire Storage businesses. The transactions generated a $254.6 million after-tax gain and support a more focused gas-utility business, although the gain is not recurring. Spire posts fiscal Q3 net income of $211.2 million
• Neutral Sentiment: Reported net income was $211.2 million, or $3.55 per share, but it was driven primarily by discontinued operations and the divestiture gain. Continuing operations posted a $42.6 million GAAP loss, or $0.72 per share, versus a $13.3 million loss a year earlier.
• Negative Sentiment: Results were pressured by higher operating and interest expenses. One Zacks comparison showed the $0.26 adjusted loss was wider than its $0.24 estimate, highlighting that the earnings beat depends on which consensus measure is used. Spire’s Q3 Loss Wider Than Estimates, Revenues Decrease Year over Year

Institutional Trading of Spire

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio lifted its stake in shares of Spire by 115.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,419 shares of the utilities provider’s stock worth $200,000 after purchasing an additional 1,297 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Spire in the fourth quarter valued at $71,000. Empowered Funds LLC acquired a new position in Spire in the fourth quarter valued at $150,000. Parallel Advisors LLC increased its stake in Spire by 16.5% in the fourth quarter. Parallel Advisors LLC now owns 1,136 shares of the utilities provider’s stock valued at $94,000 after purchasing an additional 161 shares during the last quarter. Finally, CIBC Private Wealth Group LLC purchased a new position in Spire during the third quarter worth about $108,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

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.