Zacks Research Issues Optimistic Outlook for Spire Earnings

Spire Inc. (NYSE:SR) – Investment analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Spire in a report issued on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $3.70 per share for the quarter, up from their prior estimate of $3.67. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s FY2025 earnings at $4.48 EPS, Q1 2026 earnings at $1.50 EPS, FY2026 earnings at $4.88 EPS and FY2027 earnings at $5.15 EPS.

SR has been the subject of several other reports. Stifel Nicolaus lowered their target price on shares of Spire from $70.00 to $69.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. Morgan Stanley reduced their target price on shares of Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. StockNews.com downgraded Spire from a “hold” rating to a “sell” rating in a report on Friday, February 14th. Wells Fargo & Company raised their price objective on shares of Spire from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Thursday, November 21st. Finally, UBS Group boosted their price target on Spire from $75.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $71.50.

Spire Stock Performance

Spire stock opened at $75.98 on Tuesday. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.82 and a beta of 0.58. Spire has a fifty-two week low of $57.27 and a fifty-two week high of $76.26. 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 stock has a fifty day moving average of $69.77 and a two-hundred day moving average of $67.68.

Spire (NYSE:SR) last announced its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.08). Spire had a net margin of 9.70% and a return on equity of 7.88%.

Spire Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Tuesday, March 11th will be paid a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s dividend payout ratio is currently 76.03%.

Insider Activity

In related news, Director Paul D. Koonce purchased 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average price of $73.61 per share, for a total transaction of $73,610.00. Following the transaction, the director now directly owns 2,425 shares of the company’s stock, valued at $178,504.25. This trade represents a 70.18 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Treasurer Adam W. Woodard sold 1,150 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $67.47, for a total transaction of $77,590.50. Following the sale, the treasurer now owns 2,587 shares in the company, valued at $174,544.89. This represents a 30.77 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.33% of the company’s stock.

Institutional Trading of Spire

Several hedge funds and other institutional investors have recently modified their holdings of SR. Blair William & Co. IL lifted its position in Spire by 2.6% in the 4th quarter. Blair William & Co. IL now owns 6,027 shares of the utilities provider’s stock worth $409,000 after buying an additional 152 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in Spire by 5.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,572 shares of the utilities provider’s stock worth $240,000 after purchasing an additional 177 shares during the last quarter. Creative Planning boosted its holdings in shares of Spire by 2.7% during the 3rd quarter. Creative Planning now owns 7,126 shares of the utilities provider’s stock worth $480,000 after buying an additional 190 shares during the period. Missouri Trust & Investment Co raised its holdings in Spire by 28.6% in the 3rd quarter. Missouri Trust & Investment Co now owns 900 shares of the utilities provider’s stock worth $61,000 after acquiring an additional 200 shares during the period. Finally, Gamco Investors INC. ET AL boosted its holdings in Spire by 2.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 9,050 shares of the utilities provider’s stock valued at $614,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

About Spire

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.