Zacks Research Issues Optimistic Estimate for Spire Earnings

Spire Inc. (NYSE:SR - Free Report) - Research analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Spire in a research note issued on Monday, February 24th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $3.70 for the quarter, up from their previous forecast of $3.67. The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's FY2025 earnings at $4.48 EPS, Q1 2026 earnings at $1.50 EPS, FY2026 earnings at $4.88 EPS and FY2027 earnings at $5.15 EPS.

Spire (NYSE:SR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.42 by ($0.08). Spire had a return on equity of 7.88% and a net margin of 9.70%.

SR has been the subject of several other reports. Mizuho raised Spire from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $65.00 to $76.00 in a research note on Friday, December 20th. LADENBURG THALM/SH SH upgraded Spire from a "sell" rating to a "buy" rating and set a $83.00 price objective on the stock in a research note on Wednesday. StockNews.com downgraded shares of Spire from a "hold" rating to a "sell" rating in a report on Friday, February 14th. Morgan Stanley dropped their price target on shares of Spire from $77.00 to $75.00 and set an "equal weight" rating on the stock in a research report on Friday, November 22nd. Finally, Wells Fargo & Company upped their price objective on shares of Spire from $73.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Spire presently has an average rating of "Hold" and a consensus price target of $74.00.

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Spire Stock Up 1.4 %

Shares of SR traded up $1.06 on Tuesday, reaching $76.90. The company's stock had a trading volume of 490,858 shares, compared to its average volume of 386,084. The stock has a market capitalization of $4.49 billion, a PE ratio of 18.62, a PEG ratio of 2.82 and a beta of 0.58. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 1.21. Spire has a twelve month low of $57.27 and a twelve month high of $76.96. The firm has a fifty day moving average of $70.36 and a 200-day moving average of $67.88.

Spire Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Tuesday, March 11th will be issued a $0.785 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.08%. Spire's dividend payout ratio (DPR) is presently 76.03%.

Insider Activity at Spire

In other Spire news, Treasurer Adam W. Woodard sold 1,150 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.47, for a total transaction of $77,590.50. Following the sale, the treasurer now owns 2,587 shares of the company's stock, valued at $174,544.89. The trade was a 30.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul D. Koonce acquired 1,000 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average cost of $73.61 per share, for a total transaction of $73,610.00. Following the acquisition, the director now directly owns 2,425 shares in the company, valued at $178,504.25. This represents a 70.18 % increase in their position. The disclosure for this purchase can be found here. 2.33% of the stock is owned by company insiders.

Hedge Funds Weigh In On Spire

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Spire by 2.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 193,065 shares of the utilities provider's stock valued at $13,096,000 after purchasing an additional 5,454 shares in the last quarter. Zimmer Partners LP purchased a new stake in shares of Spire during the fourth quarter valued at approximately $30,083,000. iSAM Funds UK Ltd increased its position in shares of Spire by 2.5% in the fourth quarter. iSAM Funds UK Ltd now owns 9,798 shares of the utilities provider's stock valued at $665,000 after acquiring an additional 239 shares during the period. Sourcerock Group LLC purchased a new stake in shares of Spire during the fourth quarter worth about $12,567,000. Finally, Two Sigma Advisers LP grew its stake in shares of Spire by 95.1% in the fourth quarter. Two Sigma Advisers LP now owns 23,800 shares of the utilities provider's stock worth $1,614,000 after purchasing an additional 11,600 shares during the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

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.