Research Analysts Set Expectations for Spire FY2026 Earnings

Key Points

• Scotiabank forecasts Spire’s FY2026 EPS at $3.99, broadly in line with the $4.00 consensus, and projects FY2027 EPS of $5.49. It maintains a “Sector Perform” rating with a $79 price target.
• Spire’s latest quarterly results exceeded expectations, with adjusted EPS of $(0.26) versus $(0.32) expected and revenue up 19.2% year over year to $420.2 million. Management reaffirmed FY2026 guidance of $3.90–$4.10 EPS.
• The company pays a quarterly dividend of $0.825 per share, or $3.30 annually, representing a 4.3% yield; analysts collectively rate the stock “Moderate Buy” with a $92.50 consensus price target.

Spire Inc. (NYSE:SR - Free Report) - Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Spire in a report released on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the utilities provider will post earnings per share of $3.99 for the year. Scotiabank currently has a "Sector Perform" rating and a $79.00 price objective on the stock. The consensus estimate for Spire's current full-year earnings is $4.00 per share. Scotiabank also issued estimates for Spire's FY2027 earnings at $5.49 EPS.

Other analysts also recently issued research reports about the stock. Mizuho initiated coverage on shares of Spire in a report on Tuesday, July 7th. They set an "outperform" rating and a $88.00 price target on the stock. Wall Street Zen raised shares of Spire from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Huntington began coverage on shares of Spire in a research report on Monday, September 14th. They set an "outperform" rating and a $93.00 price objective on the stock. BTIG Research restated a "buy" rating and issued a $102.00 target price on shares of Spire in a report on Monday, September 21st. Finally, Weiss Ratings cut shares of Spire from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Spire presently has an average rating of "Moderate Buy" and a consensus price target of $92.50.

Spire Price Performance

Shares of NYSE:SR opened at $77.51 on Monday. Spire has a fifty-two week low of $74.84 and a fifty-two week high of $95.31. The business has a 50-day simple moving average of $80.96 and a two-hundred day simple moving average of $83.84. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.27 and a current ratio of 0.37. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 8.64, a price-to-earnings-growth ratio of 1.26 and a beta of 0.52.

Spire (NYSE:SR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.06. Spire had a return on equity of 8.65% and a net margin of 21.48%.The firm 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 earned $0.01 earnings per share. The company'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.

Spire Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were given a dividend of $0.8250 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.30 annualized dividend and a dividend yield of 4.3%. Spire's dividend payout ratio is presently 36.79%.

Hedge Funds Weigh In On Spire

Institutional investors and hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. purchased a new stake in Spire during the fourth quarter valued at approximately $33,000. SHP Wealth Management purchased a new position in shares of Spire during the 4th quarter worth $35,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Spire during the 1st quarter worth $43,000. Caitong International Asset Management Co. Ltd grew its position in shares of Spire by 900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 540 shares of the utilities provider's stock valued at $45,000 after acquiring an additional 486 shares during the period. Finally, Versant Capital Management Inc grew its position in shares of Spire by 53.8% during the 3rd quarter. Versant Capital Management Inc now owns 655 shares of the utilities provider's stock valued at $50,000 after acquiring an additional 229 shares during the period. Hedge funds and other institutional investors own 87.36% of the company's stock.

Spire Company Profile

Spire Inc is a diversified natural gas 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.

Spire's business includes natural gas distribution, gas storage and transportation, and related energy services. Its operations also include natural gas marketing and midstream activities, which support the delivery and management of natural gas for utility and other customers.

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

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