FY2025 Earnings Estimate for Spire Issued By Zacks Research

Spire Inc. (NYSE:SR - Free Report) - Research analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Spire in a report released on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $4.49 per share for the year, up from their prior estimate of $4.48. The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's Q1 2027 earnings at $1.75 EPS and FY2027 earnings at $5.36 EPS.

SR has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered their price objective on Spire from $85.00 to $83.00 and set an "overweight" rating for the company in a research note on Wednesday. LADENBURG THALM/SH SH raised shares of Spire to a "strong-buy" rating in a research report on Friday, May 9th. Guggenheim lifted their target price on shares of Spire from $67.00 to $72.00 and gave the stock a "neutral" rating in a report on Tuesday, April 1st. Mizuho increased their price target on shares of Spire from $76.00 to $82.00 and gave the company an "outperform" rating in a report on Wednesday, March 19th. Finally, Morgan Stanley raised their price target on shares of Spire from $75.00 to $78.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. Seven analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $77.20.

Spire Stock Down 1.8%

SR traded down $1.33 during midday trading on Friday, reaching $74.08. The company's stock had a trading volume of 185,602 shares, compared to its average volume of 394,372. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 2.82 and a beta of 0.65. The stock's 50-day moving average is $75.83 and its 200-day moving average is $72.69. Spire has a 1 year low of $57.77 and a 1 year high of $79.81.

Spire (NYSE:SR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $3.60 earnings per share for the quarter, missing the consensus estimate of $3.70 by ($0.10). The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.15 billion. Spire had a return on equity of 7.88% and a net margin of 9.70%. Spire's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $3.45 earnings per share.

Institutional Trading of Spire

A number of hedge funds have recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Spire in the fourth quarter worth about $27,000. Lee Danner & Bass Inc. bought a new position in shares of Spire in the 4th quarter worth approximately $32,000. R Squared Ltd purchased a new position in shares of Spire in the fourth quarter worth approximately $37,000. Capital Advisors Ltd. LLC grew its position in Spire by 431.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 627 shares of the utilities provider's stock valued at $43,000 after buying an additional 509 shares during the period. Finally, Quarry LP purchased a new stake in Spire during the first quarter valued at approximately $50,000. Hedge funds and other institutional investors own 87.36% of the company's stock.

Spire Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, April 11th will be paid a $0.785 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.24%. Spire's dividend payout ratio (DPR) is currently 77.34%.

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.