Analysts Offer Predictions for Spire’s Q1 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Equities researchers at Zacks Research cut their Q1 2027 EPS estimates for shares of Spire in a research note issued to investors on Wednesday, May 27th. Zacks Research analyst Team now forecasts that the utilities provider will earn $1.57 per share for the quarter, down from their prior forecast of $1.77. The consensus estimate for Spire’s current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Spire’s Q3 2027 earnings at $0.10 EPS, FY2027 earnings at $5.47 EPS and Q2 2028 earnings at $3.77 EPS.

Other research analysts have also recently issued research reports about the stock. TD Cowen initiated coverage on shares of Spire in a research report on Thursday, April 16th. They issued a “hold” rating and a $101.00 target price for the company. Stifel Nicolaus upped their target price on shares of Spire from $81.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Weiss Ratings upgraded shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Wall Street Zen cut shares of Spire from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, UBS Group decreased their target price on shares of Spire from $106.00 to $103.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Spire has an average rating of “Moderate Buy” and an average target price of $96.22.

Spire Price Performance

NYSE SR opened at $85.79 on Thursday. Spire has a 52 week low of $71.24 and a 52 week high of $95.31. The company has a current ratio of 0.55, a quick ratio of 0.48 and a debt-to-equity ratio of 1.69. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The company has a 50-day moving average price of $89.82 and a two-hundred day moving average price of $87.48.

Spire (NYSE:SR) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.76 earnings per share for the quarter, beating analysts’ consensus estimates of $3.72 by $0.04. Spire had a net margin of 13.97% and a return on equity of 9.49%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $3.60 EPS. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year.

Spire Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 11th. Spire’s dividend payout ratio is currently 58.00%.

Insider Buying and Selling at Spire

In related news, Director Paul D. Koonce purchased 2,000 shares of Spire stock in a transaction dated Friday, May 8th. The stock was bought at an average cost of $85.81 per share, with a total value of $171,620.00. Following the purchase, the director owned 7,000 shares in the company, valued at approximately $600,670. The trade was a 40.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.26% of the company’s stock.

Institutional Trading of Spire

A number of institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its stake in Spire by 21.5% during the third quarter. Principal Financial Group Inc. now owns 219,861 shares of the utilities provider’s stock valued at $17,923,000 after purchasing an additional 38,875 shares during the last quarter. Elo Mutual Pension Insurance Co acquired a new stake in Spire during the third quarter valued at approximately $1,414,000. William Blair Investment Management LLC lifted its stake in Spire by 30.8% during the third quarter. William Blair Investment Management LLC now owns 374,050 shares of the utilities provider’s stock valued at $30,493,000 after purchasing an additional 88,154 shares during the last quarter. ProShare Advisors LLC lifted its stake in Spire by 5.2% during the third quarter. ProShare Advisors LLC now owns 550,974 shares of the utilities provider’s stock valued at $44,915,000 after purchasing an additional 27,292 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Spire by 2.0% during the third quarter. Vanguard Group Inc. now owns 6,411,042 shares of the utilities provider’s stock valued at $522,628,000 after purchasing an additional 123,584 shares during the last quarter. 87.36% of the stock is owned by institutional investors and hedge funds.

About Spire

Spire Inc (NYSE: SR), formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire’s service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.

Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.