Zacks Research Issues Positive Estimate for Spire Earnings

Spire Inc. (NYSE:SR) – Research analysts at Zacks Research raised their Q4 2026 EPS estimates for Spire in a report released on Wednesday, September 2nd. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of ($0.98) for the quarter, up from their previous forecast of ($1.00). The consensus estimate for Spire’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire’s Q2 2027 earnings at $4.07 EPS, FY2027 earnings at $5.49 EPS, Q1 2028 earnings at $2.10 EPS and Q2 2028 earnings at $4.26 EPS.

Other equities analysts also recently issued research reports about the stock. Mizuho began coverage on shares of Spire in a research note on Tuesday, July 7th. They set an “outperform” rating and a $88.00 target price for the company. Wells Fargo & Company initiated coverage on Spire in a research note on Monday, May 11th. They issued an “overweight” rating and a $96.00 price target on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $85.00 price target (up from $84.00) on shares of Spire in a report on Friday, June 26th. Weiss Ratings raised Spire from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Finally, Wolfe Research assumed coverage on Spire in a report on Tuesday, May 26th. They issued a “peer perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Spire presently has an average rating of “Moderate Buy” and an average target price of $94.00.

Spire Price Performance

Shares of SR opened at $83.25 on Friday. Spire has a twelve month low of $73.91 and a twelve month high of $95.31. The firm’s fifty day simple moving average is $81.47 and its 200-day simple moving average is $85.57. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 1.85 and a beta of 0.54. The company has a current ratio of 0.37, a quick ratio of 0.27 and a debt-to-equity ratio of 1.61.

Spire (NYSE:SR) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.32) by $0.06. Spire had a net margin of 21.48% and a return on equity of 8.65%. The company had revenue of $420.20 million during the quarter, compared to analysts’ expectations of $394.62 million. During the same quarter in the previous year, the business posted $0.01 EPS. The firm’s revenue was up 19.2% on a year-over-year basis. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Institutional Trading of Spire

A number of hedge funds and other institutional investors have recently made changes to their positions in SR. Los Angeles Capital Management LLC purchased a new stake in shares of Spire in the 4th quarter valued at about $25,000. MV Capital Management Inc. acquired a new stake in shares of Spire in the 4th quarter valued at about $33,000. SHP Wealth Management purchased a new position in Spire during the 4th quarter worth approximately $35,000. Cassaday & Co Wealth Management LLC purchased a new position in Spire during the 1st quarter worth approximately $43,000. Finally, Smartleaf Asset Management LLC increased its position in Spire by 40.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 519 shares of the utilities provider’s stock worth $43,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

Insider Buying and Selling at Spire

In related news, SVP Ryan Hyman sold 3,822 shares of the stock in a transaction 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 transaction, the senior vice president directly owned 14,295 shares of the company’s stock, valued at $1,150,890.45. This trade represents a 21.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul Koonce purchased 500 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were bought at an average price of $78.46 per share, for a total transaction of $39,230.00. Following the completion of the purchase, the director directly owned 8,000 shares in the company, valued at $627,680. This represents a 6.67% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.26% of the company’s stock.

Spire Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be issued a $0.825 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.30 annualized dividend and a dividend yield of 4.0%. Spire’s dividend payout ratio is presently 36.79%.

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.