Zacks Research Issues Optimistic Outlook for Spire Earnings

Spire Inc. (NYSE:SR - Free Report) - Equities researchers at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for Spire in a research note issued on Tuesday, June 10th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of ($0.07) per share for the quarter, up from their prior estimate of ($0.08). The consensus estimate for Spire's current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire's Q4 2026 earnings at ($0.29) EPS, Q1 2027 earnings at $1.74 EPS and Q2 2027 earnings at $3.89 EPS.

Spire (NYSE:SR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $3.60 EPS for the quarter, missing analysts' consensus estimates of $3.70 by ($0.10). The business had revenue of $1.05 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.45 EPS.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. cut their price target on Spire from $85.00 to $83.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 28th. Wells Fargo & Company upped their price target on Spire from $75.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Mizuho upped their price target on Spire from $76.00 to $82.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Wall Street Zen raised Spire from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Guggenheim upped their price target on Spire from $67.00 to $72.00 and gave the company a "neutral" rating in a research note on Tuesday, April 1st. Seven investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $77.20.

Spire Price Performance

Spire stock traded down $0.20 on Friday, reaching $72.06. The company's stock had a trading volume of 337,266 shares, compared to its average volume of 402,603. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.37 and a current ratio of 0.50. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 2.82 and a beta of 0.63. The business's fifty day moving average price is $75.03 and its 200 day moving average price is $73.13. Spire has a twelve month low of $58.09 and a twelve month high of $79.81.

Hedge Funds Weigh In On Spire

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Spire by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 6,168,221 shares of the utilities provider's stock valued at $418,390,000 after buying an additional 46,434 shares during the period. Wellington Management Group LLP raised its position in shares of Spire by 29.0% during the fourth quarter. Wellington Management Group LLP now owns 1,022,870 shares of the utilities provider's stock worth $69,381,000 after purchasing an additional 229,662 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Spire by 1.6% during 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 during the period. Nuveen LLC acquired a new stake in shares of Spire during the first quarter worth about $73,254,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Spire during the first quarter worth about $69,889,000. Institutional investors and hedge funds own 87.36% of the company's stock.

Spire Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, April 11th will be paid a $0.785 dividend. This represents a $3.14 annualized dividend and a yield of 4.36%. The ex-dividend date is Wednesday, June 11th. Spire's payout ratio is 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.