What is Zacks Research's Estimate for Spire Q3 Earnings?

Key Points

• Zacks Research expects Spire to post a Q3 2026 loss of $0.13 per share, while keeping its full-year 2026 estimate near consensus at $4.02 EPS versus the market’s $4.00 estimate.
• Despite some near-term cuts in future quarterly estimates, Zacks raised its long-term outlook, including FY2028 EPS to $6.03 and Q1 2028 EPS to $2.14, signaling improved earnings expectations later on.
• Spire’s latest quarter beat profit expectations with $3.76 EPS versus $3.72 expected, and the company also announced a $0.825 quarterly dividend yielding about 3.9%.

Spire Inc. (NYSE:SR - Free Report) - Research analysts at Zacks Research issued their Q3 2026 earnings per share estimates for shares of Spire in a report issued on Wednesday, May 27th. Zacks Research analyst Team forecasts that the utilities provider will earn ($0.13) per share for the quarter. The consensus estimate for Spire's current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Spire's Q4 2026 earnings at ($1.13) EPS, FY2026 earnings at $4.02 EPS, Q2 2027 earnings at $4.29 EPS, Q4 2027 earnings at ($0.49) EPS, Q1 2028 earnings at $2.14 EPS and FY2028 earnings at $6.03 EPS.

A number of other brokerages have also issued reports on SR. UBS Group reduced their target price on Spire from $106.00 to $103.00 and set a "buy" rating for the company in a research note on Friday, May 8th. Wolfe Research started coverage on Spire in a research note on Tuesday. They issued a "peer perform" rating for the company. Wells Fargo & Company started coverage on Spire in a research note on Monday, May 11th. They issued an "overweight" rating and a $96.00 target price for the company. Morgan Stanley set a $96.00 target price on Spire in a research note on Thursday, May 21st. Finally, TD Cowen started coverage on Spire in a research note on Thursday, April 16th. They issued a "hold" rating and a $101.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $96.22.

Spire Stock Performance

Shares of SR opened at $83.75 on Friday. Spire has a 12 month low of $71.24 and a 12 month high of $95.31. The stock has a fifty day moving average price of $89.65 and a 200-day moving average price of $87.43. The company has a current ratio of 0.55, a quick ratio of 0.48 and a debt-to-equity ratio of 1.69. The firm has a market cap of $4.95 billion, a PE ratio of 14.72, a P/E/G ratio of 1.92 and a beta of 0.56.

Spire (NYSE:SR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.76 EPS for the quarter, beating the consensus estimate of $3.72 by $0.04. Spire had a return on equity of 9.49% and a net margin of 13.97%.The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business posted $3.60 EPS. The business's revenue for the quarter was up 4.5% compared to the same quarter last year.

Spire Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be given a dividend of $0.825 per share. The ex-dividend date is Thursday, June 11th. This represents a $3.30 dividend on an annualized basis and a yield of 3.9%. Spire's payout ratio is currently 58.00%.

Insider Transactions at Spire

In related news, Director Paul D. Koonce acquired 2,000 shares of Spire stock in a transaction on Friday, May 8th. The stock was acquired at an average price of $85.81 per share, for a total transaction of $171,620.00. Following the purchase, the director owned 7,000 shares of the company's stock, valued at approximately $600,670. This represents a 40.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.26% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SR. Community Bank N.A. purchased a new position in Spire during the third quarter valued at approximately $25,000. Sound Income Strategies LLC purchased a new position in Spire during the fourth quarter valued at approximately $25,000. Optima Capital LLC purchased a new position in Spire during the fourth quarter valued at approximately $25,000. Los Angeles Capital Management LLC purchased a new position in Spire during the fourth quarter valued at approximately $25,000. Finally, Smartleaf Asset Management LLC raised its position in Spire by 186.8% during the third quarter. Smartleaf Asset Management LLC now owns 370 shares of the utilities provider's stock valued at $30,000 after acquiring an additional 241 shares in the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

More Spire News

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for Spire to $6.03 from $5.92, signaling stronger long-term earnings expectations. Spire estimate update
• Positive Sentiment: Zacks also lifted its Q1 2028 EPS estimate to $2.14 from $1.66 and its Q2 2027 estimate to $4.29 from $3.92, suggesting a better profit outlook in key future periods. Spire estimate update
• Positive Sentiment: Another report said Spire is benefiting from expanding regulated operations, including adding about 200,000 Tennessee customers and exiting non-core assets, which could support more stable earnings over time. Article: Spire Gains From Expanding Regulated Operations Despite Ongoing Risks
• Neutral Sentiment: Zacks maintained a near-consensus FY2026 earnings estimate of $4.02 per share versus the current consensus of $4.00, implying little change in the near-term full-year outlook. Spire estimate update
• Negative Sentiment: Zacks cut estimates for several near- and medium-term quarters, including Q3 2026, Q4 2026, Q1 2027, Q3 2027, Q4 2027, and Q2 2028, reflecting near-term pressure in parts of the forecast. Spire estimate update
• Negative Sentiment: Seeking Alpha highlighted that unusual guidance triggered a sell-off, indicating investors are worried about the company’s outlook and execution risk. Article: Spire Unusual Guidance Leads To Sell-Off

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.