What is Zacks Research's Forecast for Spire FY2025 Earnings?

Key Points

• Zacks Research has increased its FY2025 earnings estimate for Spire Inc. to $4.50 per share, up slightly from the previous estimate of $4.49.
• Spire reported a quarterly EPS of $0.01, surpassing the consensus estimate of ($0.09), with revenue showing a 1.9% increase year-over-year.
• The company declared a quarterly dividend of $0.785, which will provide shareholders with a 4.1% yield annually.

Spire Inc. (NYSE:SR - Free Report) - Equities researchers at Zacks Research upped their FY2025 earnings estimates for shares of Spire in a report issued on Tuesday, August 26th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $4.50 for the year, up from their previous estimate of $4.49. The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's Q2 2026 earnings at $3.63 EPS, FY2026 earnings at $5.00 EPS, Q1 2027 earnings at $1.63 EPS and Q2 2027 earnings at $3.91 EPS.

Spire (NYSE:SR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The utilities provider reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.10. Spire had a net margin of 11.56% and a return on equity of 8.66%. The firm had revenue of $421.90 million for the quarter, compared to the consensus estimate of $417.27 million. During the same quarter in the prior year, the company posted ($0.14) earnings per share. The business's revenue was up 1.9% on a year-over-year basis. Spire has set its FY 2025 guidance at 4.400-4.60 EPS.

A number of other equities analysts also recently issued reports on the company. Morgan Stanley reiterated an "underperform" rating on shares of Spire in a research note on Wednesday, June 18th. Wall Street Zen raised Spire from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. Bank of America reiterated an "underperform" rating and set a $76.00 price target (down previously from $81.00) on shares of Spire in a report on Friday, August 15th. LADENBURG THALM/SH SH raised Spire to a "strong-buy" rating in a research report on Friday, May 9th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Spire from $85.00 to $83.00 and set an "overweight" rating on the stock in a report on Wednesday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $79.20.

Spire Trading Up 0.6%

NYSE:SR opened at $77.01 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.37 and a quick ratio of 0.27. Spire has a one year low of $61.56 and a one year high of $79.81. The company has a market cap of $4.55 billion, a PE ratio of 16.63, a PEG ratio of 2.50 and a beta of 0.66. The firm has a 50-day moving average of $75.18 and a 200-day moving average of $75.28.

Spire Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, September 11th. Spire's dividend payout ratio is 67.82%.

Institutional Investors Weigh In On Spire

A number of hedge funds have recently made changes to their positions in the business. Headlands Technologies LLC bought a new position in Spire during the second quarter valued at about $38,000. CANADA LIFE ASSURANCE Co increased its stake in shares of Spire by 4.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 79,381 shares of the utilities provider's stock worth $5,801,000 after purchasing an additional 3,090 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Spire by 80.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,431 shares of the utilities provider's stock worth $469,000 after purchasing an additional 2,865 shares during the last quarter. Corient Private Wealth LLC bought a new stake in shares of Spire in the 2nd quarter worth approximately $400,000. Finally, State of Tennessee Department of Treasury lifted its stake in Spire by 198.2% in the second quarter. State of Tennessee Department of Treasury now owns 29,530 shares of the utilities provider's stock valued at $2,155,000 after purchasing an additional 19,627 shares during the last quarter. 87.36% of the stock is currently owned by institutional investors.

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.

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