Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas customers in the United States. It operates through two segments, Gas Utility and Gas Marketing. The company is also involved in marketing natural gas and provides energy services on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers. In addition, it engages in the transportation of propane through its propane pipeline; compression of natural gas; risk management; and other activities. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in St. Louis, Missouri.
Industry, Sector and Symbol
Industry Natural gas distribution
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:SR
CUSIPN/A
Phone314-342-0500
Debt
Debt-to-Equity Ratio0.96
Current Ratio0.77
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio19.65
Forward P/E Ratio18.80
P/E Growth5.1
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales1.94
Cash Flow$6.6746 per share
Price / Cash10.48
Book Value$41.26 per share
Price / Book1.70
Profitability
EPS (Most Recent Fiscal Year)$3.56
Net Income$161.60 million
Net Margins11.37%
Return on Equity9.99%
Return on Assets3.16%
Miscellaneous
Employees3,279
Outstanding Shares48,360,000
Spire (NYSE:SR) Frequently Asked Questions
What is Spire's stock symbol?
Spire trades on the New York Stock Exchange (NYSE) under the ticker symbol "SR."
How often does Spire pay dividends? What is the dividend yield for Spire?
Spire announced a quarterly dividend on Wednesday, May 2nd. Investors of record on Monday, June 11th will be given a dividend of $0.5625 per share on Tuesday, July 3rd. This represents a $2.25 annualized dividend and a yield of 3.22%. The ex-dividend date is Friday, June 8th. View Spire's Dividend History.
How were Spire's earnings last quarter?
Spire Inc (NYSE:SR) announced its quarterly earnings results on Wednesday, May, 2nd. The utilities provider reported $2.83 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.48 by $0.35. The utilities provider had revenue of $813.40 million for the quarter, compared to the consensus estimate of $685.12 million. Spire had a return on equity of 9.99% and a net margin of 11.37%. The firm's revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. View Spire's Earnings History.
When is Spire's next earnings date?
What guidance has Spire issued on next quarter's earnings?
Spire updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) guidance of $3.65-$3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.73.
What price target have analysts set for SR?
9 brokerages have issued 12 month target prices for Spire's stock. Their predictions range from $65.00 to $75.00. On average, they anticipate Spire's stock price to reach $71.00 in the next twelve months. View Analyst Ratings for Spire.
Who are some of Spire's key competitors?
Who are Spire's key executives?
Spire's management team includes the folowing people:
- Ms. Suzanne Sitherwood, Pres, CEO & Director (Age 53)
- Mr. Steven P. Rasche, Exec. VP, CFO & Principal Accounting Officer (Age 58)
- Mr. Steven L. Lindsey, Exec. VP and COO of Distribution Operations & Gas Utilities (Age 52)
- Mr. Mark C. Darrell, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 60)
- Mr. Ryan L. Hyman, Chief Information Officer and VP of Information Technology Services
Has Spire been receiving favorable news coverage?
Media stories about SR stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Spire earned a daily sentiment score of 0.13 on Accern's scale. They also assigned media coverage about the utilities provider an impact score of 46.37 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Spire's major shareholders?
Spire's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.09%), American Century Companies Inc. (6.80%), Franklin Resources Inc. (3.82%), Wells Fargo & Company MN (2.33%), Northern Trust Corp (2.17%) and Duff & Phelps Investment Management Co. (1.69%). View Institutional Ownership Trends for Spire.
Which major investors are selling Spire stock?
SR stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Vaughan Nelson Investment Management L.P., JPMorgan Chase & Co., Federated Investors Inc. PA, Hennessy Advisors Inc., Prudential Financial Inc., Piermont Capital Management Inc. and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for Spire.
Which major investors are buying Spire stock?
SR stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, OLD Republic International Corp, OLD Republic International Corp, Shelter Harbor Advisors LP, BlackRock Inc., State of Wisconsin Investment Board, Wells Fargo & Company MN and American Century Companies Inc.. View Insider Buying and Selling for Spire.
How do I buy shares of Spire?
Shares of SR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Spire's stock price today?
One share of SR stock can currently be purchased for approximately $69.95.
How big of a company is Spire?
Spire has a market capitalization of $3.38 billion and generates $1.74 billion in revenue each year. The utilities provider earns $161.60 million in net income (profit) each year or $3.56 on an earnings per share basis. Spire employs 3,279 workers across the globe.
How can I contact Spire?
Spire's mailing address is 700 MARKET STREET, ST LOUIS MO, 63101. The utilities provider can be reached via phone at 314-342-0500 or via email at [email protected]
MarketBeat Community Rating for Spire (SR)
MarketBeat's community ratings are surveys of what our community members think about Spire and other stocks. Vote "Outperform" if you believe SR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SR will underperform the S&P 500 over the long term. You may vote once every thirty days.
