Zacks Research Issues Negative Estimate for Spire Earnings

Key Points

• Zacks Research has lowered its Q4 2025 earnings estimate for Spire Inc. to ($0.45) EPS, down from a prior estimate of ($0.34) EPS.
• Spire's recent quarterly earnings report showed a net margin of 11.56% and revenues of $421.90 million, surpassing forecasts.
• The company will pay a quarterly dividend of $0.785 per share on October 2nd, reflecting a dividend yield of 4.1%.

Spire Inc. (NYSE:SR - Free Report) - Zacks Research decreased their Q4 2025 earnings per share (EPS) estimates for shares of Spire in a research note issued to investors on Tuesday, August 26th. Zacks Research analyst Team now forecasts that the utilities provider will earn ($0.45) per share for the quarter, down from their prior forecast of ($0.34). The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at ($0.16) EPS and Q3 2027 earnings at $0.06 EPS.

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

Other equities research analysts have also recently issued research reports about the company. LADENBURG THALM/SH SH upgraded Spire to a "strong-buy" rating in a report on Friday, May 9th. Stifel Nicolaus set a $81.00 price target on Spire and gave the company a "hold" rating in a research report on Tuesday, July 15th. Bank of America reissued an "underperform" rating and set a $76.00 price target (down previously from $81.00) on shares of Spire in a research report on Friday, August 15th. JPMorgan Chase & Co. reduced their price objective on Spire from $85.00 to $83.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 28th. Finally, Wall Street Zen upgraded Spire from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Spire has a consensus rating of "Hold" and a consensus price target of $79.20.

Spire Price Performance

NYSE SR traded down $0.49 during mid-day trading on Friday, hitting $75.45. The stock had a trading volume of 73,666 shares, compared to its average volume of 450,745. Spire has a 52-week low of $61.56 and a 52-week high of $79.81. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 2.50 and a beta of 0.70. The company has a 50 day simple moving average of $75.40 and a 200 day simple moving average of $75.38. The company has a quick ratio of 0.27, a current ratio of 0.37 and a debt-to-equity ratio of 1.08.

Hedge Funds Weigh In On Spire

A number of hedge funds have recently modified their holdings of SR. Envestnet Asset Management Inc. increased its stake in shares of Spire by 22.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,996 shares of the utilities provider's stock worth $339,000 after acquiring an additional 910 shares during the last quarter. Mariner LLC boosted its holdings in Spire by 18.6% in the fourth quarter. Mariner LLC now owns 8,627 shares of the utilities provider's stock worth $585,000 after purchasing an additional 1,351 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Spire by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,002,938 shares of the utilities provider's stock worth $68,028,000 after purchasing an additional 15,835 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Spire by 69.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,286 shares of the utilities provider's stock valued at $426,000 after acquiring an additional 2,581 shares during the period. Finally, Stifel Financial Corp boosted its holdings in Spire by 4.8% during the fourth quarter. Stifel Financial Corp now owns 35,065 shares of the utilities provider's stock valued at $2,378,000 after acquiring an additional 1,599 shares during the period. 87.36% of the stock is owned by institutional investors and hedge funds.

Spire Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.785 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $3.14 annualized dividend and a dividend yield of 4.2%. Spire's dividend payout ratio is currently 67.82%.

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.