Spire Inc. (NYSE:SR - Free Report) - Investment analysts at Zacks Research reduced their Q2 2026 EPS estimates for shares of Spire in a note issued to investors on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $3.73 per share for the quarter, down from their previous estimate of $3.79. The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's FY2027 earnings at $5.39 EPS.
Spire (NYSE:SR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $3.60 earnings per share for the quarter, missing the consensus estimate of $3.70 by ($0.10). Spire had a return on equity of 7.88% and a net margin of 9.70%. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the previous year, the firm posted $3.45 earnings per share. The company's revenue for the quarter was down 6.8% on a year-over-year basis.
Several other research firms have also issued reports on SR. Morgan Stanley lifted their price objective on shares of Spire from $75.00 to $78.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. JPMorgan Chase & Co. reduced their price objective on shares of Spire from $85.00 to $83.00 and set an "overweight" rating for the company in a research note on Wednesday, May 28th. Wall Street Zen raised shares of Spire from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Mizuho lifted their price objective on shares of Spire from $76.00 to $82.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Finally, Wells Fargo & Company lifted their price objective on shares of Spire from $75.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Seven analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Spire presently has a consensus rating of "Hold" and an average price target of $77.20.
Read Our Latest Report on Spire
Spire Stock Down 0.0%
Shares of NYSE:SR traded down $0.03 during trading on Thursday, reaching $73.20. 608,928 shares of the company traded hands, compared to its average volume of 403,504. The firm has a fifty day simple moving average of $75.07 and a 200 day simple moving average of $73.13. The firm has a market cap of $4.32 billion, a P/E ratio of 17.72, a price-to-earnings-growth ratio of 2.82 and a beta of 0.63. Spire has a 1-year low of $57.77 and a 1-year high of $79.81. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21.
Institutional Trading of Spire
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new stake in Spire in the fourth quarter valued at about $27,000. Lee Danner & Bass Inc. bought a new stake in Spire during the fourth quarter worth about $32,000. Capital Advisors Ltd. LLC grew its stake in Spire by 431.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 627 shares of the utilities provider's stock worth $43,000 after buying an additional 509 shares during the last quarter. Quarry LP bought a new stake in Spire during the first quarter worth about $50,000. Finally, State of Wyoming bought a new stake in Spire during the fourth quarter worth about $52,000. Institutional investors own 87.36% of the company's stock.
Spire Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, April 11th will be paid a $0.785 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $3.14 dividend on an annualized basis and a yield of 4.29%. Spire's payout ratio is currently 77.34%.
Spire Company Profile
(
Get Free Report)
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.
See Also
Before you consider Spire, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spire wasn't on the list.
While Spire currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
