Zacks Research Has Optimistic Outlook of Spire Q4 Earnings

Key Points

• Zacks Research raised Spire’s Q4 2026 earnings estimate to a loss of $1.00 per share from a previous estimate of $1.06, while full-year 2026 consensus earnings stand at $4.01 per share. Spire’s FY 2026 guidance is $3.90–$4.10 per share.
• Spire’s latest quarter exceeded expectations, reporting a $0.26-per-share loss versus the $0.32 consensus estimate, with revenue of $420.2 million—up 19.2% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $94.
• The company declared a quarterly dividend of $0.825 per share, equivalent to $3.30 annually and a 4.0% yield; the dividend is payable October 2 to shareholders of record on September 11.

Spire Inc. (NYSE:SR - Free Report) - Analysts at Zacks Research upped their Q4 2026 earnings estimates for shares of Spire in a note issued to investors on Thursday, August 27th. Zacks Research analyst Team now expects that the utilities provider will earn ($1.00) per share for the quarter, up from their previous estimate of ($1.06). The consensus estimate for Spire's current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire's Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at ($0.53) EPS, FY2027 earnings at $5.47 EPS, Q1 2028 earnings at $2.06 EPS and Q3 2028 earnings at $0.19 EPS.

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

Several other analysts also recently weighed in on SR. Weiss Ratings raised Spire from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 24th. Morgan Stanley decreased their price target on Spire from $96.00 to $91.00 and set an "overweight" rating for the company in a research note on Friday, August 21st. Wolfe Research started coverage on Spire in a report on Tuesday, May 26th. They set a "peer perform" rating on the stock. 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. Finally, UBS Group cut their price objective on shares of Spire from $106.00 to $103.00 and set a "buy" rating on the stock in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Spire currently has an average rating of "Moderate Buy" and a consensus target price of $94.00.

Spire Stock Performance

Shares of SR stock opened at $82.68 on Monday. Spire has a 12-month low of $73.91 and a 12-month high of $95.31. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 9.22, a price-to-earnings-growth ratio of 1.84 and a beta of 0.52. The business has a 50 day simple moving average of $81.12 and a 200 day simple moving average of $85.76. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.37 and a quick ratio of 0.27.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Renaissance Technologies LLC bought a new stake in Spire during the first quarter worth approximately $3,631,000. Vanguard Group Inc. increased its holdings in shares of Spire by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,430,368 shares of the utilities provider's stock valued at $531,791,000 after buying an additional 19,326 shares in the last quarter. South Street Advisors LLC bought a new position in shares of Spire in the fourth quarter valued at $15,213,000. Sanctuary Advisors LLC bought a new position in shares of Spire in the fourth quarter valued at $1,387,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Spire during the 4th quarter valued at $1,490,000. Institutional investors own 87.36% of the company's stock.

Insider Activity at Spire

In other news, Director Paul D. Koonce bought 500 shares of the business's stock in a transaction on Thursday, June 11th. The stock was purchased at an average cost of $78.46 per share, for a total transaction of $39,230.00. Following the completion of the transaction, the director directly owned 8,000 shares of the company's stock, valued at approximately $627,680. This trade represents a 6.67% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ryan L. Hyman sold 3,822 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $80.51, for a total value of $307,709.22. Following the transaction, the senior vice president directly owned 14,295 shares of the company's stock, valued at approximately $1,150,890.45. The trade was a 21.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.26% of the stock is owned by insiders.

Spire Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be issued a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.30 annualized dividend and a yield of 4.0%. Spire's payout ratio is presently 36.79%.

Spire Company Profile

Spire Inc NYSE: SR, formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire's service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.

Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source