Equities Analysts Offer Predictions for Spire Q2 Earnings

Key Points

• Zacks Research raised Spire’s Q2 2027 EPS forecast to $4.11 from $4.07 and expects Q2 2028 EPS of $4.25. Spire’s FY 2026 guidance remains $3.90–$4.10 per share.
• Spire’s latest quarter beat expectations, reporting a $0.26 loss per share versus the estimated $0.32 loss, while revenue rose 19.2% year over year to $420.2 million.
• Analyst sentiment is moderately positive, with an average price target of $93.73 versus a share price of $77.32. The company also declared a quarterly dividend of $0.825 per share, representing a 4.3% yield.

Spire Inc. (NYSE:SR - Free Report) - Zacks Research raised their Q2 2027 EPS estimates for Spire in a report released on Wednesday, September 23rd. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $4.11 per share for the quarter, up from their previous forecast of $4.07. The consensus estimate for Spire's current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire's Q2 2028 earnings at $4.25 EPS.

Spire (NYSE:SR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.06. The business had revenue of $420.20 million for the quarter, compared to analysts' expectations of $394.62 million. Spire had a net margin of 21.48% and a return on equity of 8.65%. The firm's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.01 EPS. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Several other research analysts have also recently issued reports on the company. BTIG Research reaffirmed a "buy" rating and set a $102.00 target price on shares of Spire in a research report on Monday. Weiss Ratings raised Spire from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 24th. JPMorgan Chase & Co. restated a "neutral" rating and set a $85.00 price objective (up from $84.00) on shares of Spire in a research note on Friday, June 26th. Wall Street Zen upgraded shares of Spire from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Finally, Huntington started coverage on shares of Spire in a report on Monday, September 14th. They issued an "outperform" rating and a $93.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $93.73.

Spire Stock Performance

Shares of Spire stock opened at $77.32 on Thursday. The company has a market cap of $4.57 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 1.75 and a beta of 0.54. Spire has a 52 week low of $75.85 and a 52 week high of $95.31. The business has a 50 day moving average price of $81.66 and a 200-day moving average price of $84.56. The company has a quick ratio of 0.27, a current ratio of 0.37 and a debt-to-equity ratio of 1.61.

Spire Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Spire's dividend payout ratio (DPR) is presently 36.79%.

Institutional Trading of Spire

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Spire in the 2nd quarter valued at $667,642,000. Geode Capital Management LLC raised its stake in shares of Spire by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 1,579,856 shares of the utilities provider's stock worth $130,672,000 after purchasing an additional 47,106 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Spire by 1.7% in the 4th quarter. Captrust Financial Advisors now owns 1,240,395 shares of the utilities provider's stock worth $102,581,000 after buying an additional 20,224 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Spire by 1.4% in the 2nd quarter. Wellington Management Group LLP now owns 667,616 shares of the utilities provider's stock worth $52,134,000 after buying an additional 8,927 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Spire during the second quarter valued at about $45,993,000. 87.36% of the stock is currently owned by institutional investors.

Spire Company Profile

Spire Inc is an energy company headquartered in St. Louis, Missouri. Through its regulated utility operations, the company distributes natural gas to residential, commercial and industrial customers in Missouri and Alabama, serving communities through local natural gas infrastructure and related customer services.

Spire also operates businesses involved in natural gas marketing, storage and pipeline transportation. These operations support the company's utility activities and provide natural gas supply, logistics and infrastructure services to utilities, commercial and industrial customers, and other market participants.

The company traces its history to 1857, when it was established as Laclede Gas Company.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.