Spire (SR) Projected to Post Earnings on Wednesday

Spire (NYSE:SR - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $3.70 per share and revenue of $1.15 billion for the quarter. Spire has set its FY 2025 guidance at 4.400-4.600 EPS.

Spire (NYSE:SR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.08). Spire had a return on equity of 7.88% and a net margin of 9.70%. On average, analysts expect Spire to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Spire Price Performance

Shares of Spire stock traded down $0.22 during mid-day trading on Monday, reaching $76.81. 90,581 shares of the stock traded hands, compared to its average volume of 388,180. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21. The business has a 50-day moving average of $76.38 and a 200 day moving average of $71.20. The stock has a market capitalization of $4.48 billion, a PE ratio of 18.60, a PEG ratio of 2.82 and a beta of 0.56. Spire has a fifty-two week low of $57.77 and a fifty-two week high of $79.81.

Spire Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 11th will be issued 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 4.09%. Spire's payout ratio is currently 76.03%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Morgan Stanley upped their price target on Spire from $75.00 to $78.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. LADENBURG THALM/SH SH raised shares of Spire to a "strong-buy" rating in a report on Monday, March 17th. Mizuho increased their target price on shares of Spire from $76.00 to $82.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. Guggenheim upped their price target on shares of Spire from $67.00 to $72.00 and gave the company a "neutral" rating in a research report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. upgraded shares of Spire from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $72.00 to $85.00 in a research report on Thursday, March 20th. Seven equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $76.70.

Spire Company Profile

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.