NYSE:SRSpire Stock Price, Forecast & News

Spire's stock was trading at $73.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SR shares have decreased by 2.8% and is now trading at $71.60. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spire in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Spire.

Spire is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Spire.

Spire Inc (NYSE:SR) released its quarterly earnings data on Friday, May, 8th. The utilities provider reported $2.75 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.95 by $0.20. The utilities provider earned $715.50 million during the quarter, compared to analysts' expectations of $783.62 million. Spire had a net margin of 8.83% and a return on equity of 8.35%. The company's revenue for the quarter was down 11.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.90 earnings per share. View Spire's earnings history.

Spire announced a quarterly dividend on Monday, May 11th. Investors of record on Thursday, June 11th will be given a dividend of $0.6225 per share on Thursday, July 2nd. This represents a $2.49 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Wednesday, June 10th. View Spire's dividend history.

10 brokerages have issued 1-year target prices for Spire's shares. Their forecasts range from $70.00 to $89.00. On average, they anticipate Spire's share price to reach $80.78 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View analysts' price targets for Spire.

News headlines about SR stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spire earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutSpire.

Spire saw a drop in short interest in May. As of May 15th, there was short interest totaling 777,700 shares, a drop of 23.0% from the April 30th total of 1,010,000 shares. Based on an average daily volume of 327,100 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.6% of the shares of the stock are short sold. View Spire's Current Options Chain.

Some companies that are related to Spire include Atmos Energy (ATO), ENAGAS S A/ADR (ENGGY), ONE Gas (OGS), National Fuel Gas (NFG), New Jersey Resources (NJR), Ultrapar Participacoes (UGP), South Jersey Industries (SJI), New Fortress Energy (NFE), Northwest Natural (NWN) and Just Energy Group (JE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Spire investors own include Starbucks (SBUX), Walt Disney (DIS), Gilead Sciences (GILD), Intel (INTC), Lockheed Martin (LMT), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), AbbVie (ABBV), Dominion Energy (D) and Energy Transfer LP Unit (ET).

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 BlackRock Inc. (11.71%), State Street Corp (3.55%), Wells Fargo & Company MN (2.04%), Franklin Resources Inc. (1.78%), Vaughan Nelson Investment Management L.P. (1.54%) and Invesco Ltd. (1.54%). Company insiders that own Spire stock include Edward L Glotzbach, Sharon Osberg and Steven P Rasche. View institutional ownership trends for Spire.

SR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, UBS Group AG, Invesco Ltd., Nuveen Asset Management LLC, Bessemer Group Inc., First Trust Advisors LP, and Eagle Asset Management Inc.. View insider buying and selling activity for Spire.

SR stock was bought by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Principal Financial Group Inc., Vident Investment Advisory LLC, JPMorgan Chase & Co., Advisor Group Holdings Inc., Geode Capital Management LLC, and State Street Corp. Company insiders that have bought Spire stock in the last two years include Edward L Glotzbach, Sharon Osberg, and Steven P Rasche. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SR stock can currently be purchased for approximately $71.60.

Spire has a market capitalization of $3.67 billion and generates $1.95 billion in revenue each year. The utilities provider earns $184.60 million in net income (profit) each year or $3.73 on an earnings per share basis. Spire employs 3,536 workers across the globe.

The official website for Spire is www.spireenergy.com.

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]