Spire - SR Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spire in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SR, but not buy additional shares or sell existing shares.
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7 brokers have issued 12-month price targets for Spire's stock. Their SR share price forecasts range from $58.00 to $78.00. On average, they anticipate the company's stock price to reach $73.17 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
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Spire's stock was trading at $65.22 at the beginning of 2022. Since then, SR stock has increased by 2.2% and is now trading at $66.67.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our SR earnings forecast.

Spire Inc. (NYSE:SR) announced its quarterly earnings data on Thursday, August, 4th. The utilities provider reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The utilities provider had revenue of $448 million for the quarter, compared to analysts' expectations of $323.58 million. Spire had a net margin of 10.02% and a trailing twelve-month return on equity of 9.34%. The business's revenue was up 36.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.03 EPS.

Spire declared a quarterly dividend on Thursday, August 4th. Investors of record on Monday, September 12th will be paid a dividend of $0.685 per share on Tuesday, October 4th. This represents a $2.74 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Friday, September 9th.
Read our dividend analysis for SR.

Spire (NYSE:SR) pays an annual dividend of $2.74 per share and currently has a dividend yield of 4.03%. 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 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SR will have a dividend payout ratio of 62.56% 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 2022 earnings guidance on Thursday, August, 25th. The company provided earnings per share guidance of $3.75-$3.95 for the period, compared to the consensus estimate of $3.90. 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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.36%), Macquarie Group Ltd. (2.35%), Franklin Resources Inc. (1.95%), Northern Trust Corp (1.47%), Wells Fargo & Company MN (1.42%) and Vaughan Nelson Investment Management L.P. (1.12%). Insiders that own company stock include Adam W Woodard, John P Stupp Jr and Steven P Rasche.
View institutional ownership trends.

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 $66.67.

Spire (NYSE:SR) has a market capitalization of $3.50 billion and generates $2.24 billion in revenue each year. The utilities provider earns $271.70 million in net income (profit) each year or $3.92 on an earnings per share basis.

The company employs 3,710 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.