Spire (NYSE:SR) Issues FY 2025 Earnings Guidance

Spire (NYSE:SR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms have recently commented on SR. StockNews.com raised shares of Spire from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. Mizuho boosted their target price on shares of Spire from $76.00 to $82.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. JPMorgan Chase & Co. raised shares of Spire from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $72.00 to $85.00 in a report on Thursday, March 20th. LADENBURG THALM/SH SH raised shares of Spire to a "strong-buy" rating in a research note on Monday, March 17th. Finally, Morgan Stanley upped their price target 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. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $76.70.

Spire Price Performance

Spire stock opened at $77.05 on Wednesday. The firm has a 50-day moving average price of $76.51 and a 200-day moving average price of $71.32. The firm has a market capitalization of $4.50 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 2.82 and a beta of 0.56. 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 12-month low of $57.77 and a 12-month high of $80.50.

Spire (NYSE:SR - Get Free Report) last released its earnings results on Wednesday, April 30th. The utilities provider reported $3.60 earnings per share (EPS) 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%. As a group, equities research analysts forecast that Spire will post 4.5 EPS for the current year.

Spire Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, April 11th will be issued a $0.785 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $3.14 annualized dividend and a dividend yield of 4.08%. Spire's dividend payout ratio (DPR) is presently 76.03%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.