Spire (SR) to Release Quarterly Earnings on Wednesday

Spire (NYSE:SR - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $3.70 per share and revenue of $1.15 billion for the quarter. Spire has set its FY 2025 guidance at 4.400-4.600 EPS.

Spire (NYSE:SR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.08). Spire had a net margin of 9.70% and a return on equity of 7.88%. On average, analysts expect Spire to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Spire Price Performance

Shares of SR stock opened at $77.81 on Wednesday. The business has a fifty day simple moving average of $76.19 and a 200 day simple moving average of $70.87. The company has a market cap of $4.54 billion, a P/E ratio of 18.84, a P/E/G ratio of 2.82 and a beta of 0.56. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21. Spire has a twelve month low of $57.77 and a twelve month high of $79.81.

Spire Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, March 11th were paid a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a yield of 4.04%. The ex-dividend date was Tuesday, March 11th. Spire's payout ratio is 76.03%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Guggenheim lifted their price target on shares of Spire from $67.00 to $72.00 and gave the company a "neutral" rating in a report on Tuesday, April 1st. LADENBURG THALM/SH SH raised shares of Spire to a "strong-buy" rating in a research note on Monday, March 17th. JPMorgan Chase & Co. upgraded Spire from a "neutral" rating to an "overweight" rating and increased their price target for the company from $72.00 to $85.00 in a research note on Thursday, March 20th. Morgan Stanley boosted their price objective on Spire from $75.00 to $78.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Finally, Mizuho upped their target price on Spire from $76.00 to $82.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. Seven analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $76.70.

About Spire

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.

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