Zacks Research Issues Negative Estimate for Spire Earnings

Key Points

• Zacks Research lowered its Q3 2027 EPS estimate for Spire to $0.15 from $0.16 and also projects Q1 2028 EPS of $1.66, while the consensus full‑year EPS estimate stands at $5.28.
• Spire most recently reported $1.77 EPS, beating estimates by $0.15, and maintains FY2027 guidance of $5.65–$5.85 per share.
• Analysts have a consensus rating of "Moderate Buy" with a $93.80 target; the stock yields about 3.6% (annualized dividend $3.30) and trades near $91 with a P/E around 19.85.

Spire Inc. (NYSE:SR - Free Report) - Stock analysts at Zacks Research dropped their Q3 2027 earnings per share estimates for Spire in a research report issued on Thursday, April 23rd. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $0.15 for the quarter, down from their previous forecast of $0.16. The consensus estimate for Spire's current full-year earnings is $5.28 per share. Zacks Research also issued estimates for Spire's Q1 2028 earnings at $1.66 EPS.

Spire (NYSE:SR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.15. Spire had a net margin of 10.95% and a return on equity of 9.43%. The firm had revenue of $762.20 million for the quarter, compared to analyst estimates of $785.54 million. During the same quarter in the previous year, the firm posted $1.34 EPS. The business's revenue for the quarter was up 13.9% on a year-over-year basis. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.

Other analysts have also recently issued reports about the company. Morgan Stanley reiterated an "overweight" rating and issued a $102.00 price target on shares of Spire in a research report on Tuesday. TD Cowen began coverage on shares of Spire in a research report on Thursday, April 16th. They issued a "hold" rating and a $101.00 price target on the stock. Weiss Ratings raised shares of Spire from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, February 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a $99.00 price target on shares of Spire in a report on Wednesday, January 21st. Finally, Stifel Nicolaus raised their target price on Spire from $81.00 to $87.00 and gave the company a "hold" rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Spire has a consensus rating of "Moderate Buy" and a consensus target price of $93.80.

Spire Price Performance

Shares of Spire stock opened at $91.29 on Friday. The firm has a market cap of $5.40 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 1.43 and a beta of 0.60. The firm's 50-day simple moving average is $91.47 and its 200-day simple moving average is $87.24. Spire has a twelve month low of $69.94 and a twelve month high of $95.31. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.45 and a current ratio of 0.61.

Spire Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Wednesday, March 11th were issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, March 11th. Spire's payout ratio is currently 71.74%.

Hedge Funds Weigh In On Spire

Several large investors have recently bought and sold shares of the business. Community Bank N.A. bought a new position in shares of Spire in the 3rd quarter worth $25,000. Sound Income Strategies LLC bought a new position in Spire during the 4th quarter worth approximately $25,000. Optima Capital LLC bought a new position in Spire during the 4th quarter worth approximately $25,000. Los Angeles Capital Management LLC acquired a new position in Spire during the fourth quarter valued at approximately $25,000. Finally, Smartleaf Asset Management LLC grew its holdings 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 purchasing an additional 241 shares during the period. 87.36% of the stock is currently owned by institutional investors and hedge funds.

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.

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