Spire (SR) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spire in the last year. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SR shares.
View SR analyst ratings or view top-rated stocks.

8 equities research analysts have issued twelve-month price targets for Spire's shares. Their SR share price forecasts range from $61.00 to $72.00. On average, they anticipate the company's share price to reach $67.50 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for SR or view top-rated stocks among Wall Street analysts.

Spire's stock was trading at $68.86 at the beginning of 2023. Since then, SR shares have decreased by 18.7% and is now trading at $56.00.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our SR earnings forecast.

Spire Inc. (NYSE:SR) announced its quarterly earnings data on Wednesday, August, 2nd. The utilities provider reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.40. The utilities provider earned $418.50 million during the quarter, compared to analysts' expectations of $428.86 million. Spire had a trailing twelve-month return on equity of 8.81% and a net margin of 9.05%. The business's revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.01 EPS.

Spire declared a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Monday, September 11th will be paid a dividend of $0.72 per share on Tuesday, October 3rd. This represents a $2.88 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date of this dividend is Friday, September 8th.
Read our dividend analysis for SR.

ETFs with the largest weight of Spire (NYSE:SR) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Invesco High Yield Equity Dividend Achievers ETF (PEY), Tortoise North American Pipeline Fund (TPYP), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), AGF Global Infrastructure ETF (GLIF) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).

Spire (NYSE:SR) pays an annual dividend of $2.88 per share and currently has a dividend yield of 5.03%. SR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SR will have a dividend payout ratio of 66.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SR.

Spire issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $4.15-$4.25 for the period, compared to the consensus estimate of $4.25. The company issued revenue guidance of -.

27 employees have rated Spire Chief Executive Officer Suzanne Sitherwood on Glassdoor.com. Suzanne Sitherwood has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Spire investors own include AT&T (T), Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Johnson & Johnson (JNJ), Coca-Cola (KO), Lockheed Martin (LMT), Verizon Communications (VZ), Cisco Systems (CSCO) and Home Depot (HD).

Spire trades on the New York Stock Exchange (NYSE) under the ticker symbol "SR."

Spire's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.60%), State Street Corp (3.87%), Geode Capital Management LLC (1.99%), Franklin Resources Inc. (1.59%), Dimensional Fund Advisors LP (1.58%) and Northern Trust Corp (1.42%). Insiders that own company stock include Adam W Woodard, Brenda D Newberry, John P Stupp Jr, Paul D Koonce and Steven P Rasche.
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Shares of SR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SR stock can currently be purchased for approximately $56.00.

Spire (NYSE:SR) has a market capitalization of $2.95 billion and generates $2.20 billion in revenue each year. The utilities provider earns $220.80 million in net income (profit) each year or $4.31 on an earnings per share basis.

The company employs 3,584 workers across the globe.

Spire's mailing address is 700 MARKET STREET, ST LOUIS MO, 63101. The official website for the company is www.spireenergy.com. The utilities provider can be reached via phone at (314) 342-0500, via email at scott.dudley@spireenergy.com, or via fax at 314-421-1979.