FY2026 Earnings Estimate for Spire Issued By Scotiabank

Spire Inc. (NYSE:SR) – Research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of Spire in a research report issued to clients and investors on Thursday, October 1st. Scotiabank analyst I. Rapp anticipates that the utilities provider will post earnings per share of $3.99 for the year. Scotiabank has a “Sector Perform” rating and a $79.00 price target on the stock. The consensus estimate for Spire’s current full-year earnings is $4.00 per share. Scotiabank also issued estimates for Spire’s FY2027 earnings at $5.49 EPS.

Spire (NYSE:SR) last posted its quarterly earnings data on Wednesday, August 5th. The utilities provider reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.06. Spire had a net margin of 21.48% and a return on equity of 8.65%. The company had revenue of $420.20 million during the quarter, compared to analyst estimates of $394.62 million. During the same period in the prior year, the firm earned $0.01 earnings per share. The business’s quarterly revenue was up 19.2% on a year-over-year basis. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Several other equities analysts have also recently weighed in on SR. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $85.00 price objective (up from $84.00) on shares of Spire in a research report on Friday, June 26th. Weiss Ratings lowered Spire from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Morgan Stanley decreased their target price on Spire from $91.00 to $88.00 and set an “overweight” rating for the company in a research report on Friday, September 18th. BTIG Research reiterated a “buy” rating and set a $102.00 price target on shares of Spire in a report on Monday, September 21st. Finally, Mizuho started coverage on Spire in a research report on Tuesday, July 7th. They set an “outperform” rating and a $88.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $92.50.

Spire Stock Down 0.1%

SR stock opened at $77.46 on Monday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.37 and a quick ratio of 0.27. The firm has a market capitalization of $4.58 billion, a P/E ratio of 8.64, a P/E/G ratio of 1.26 and a beta of 0.52. Spire has a 52-week low of $74.84 and a 52-week high of $95.31. The company’s 50 day simple moving average is $80.86 and its 200-day simple moving average is $83.74.

Spire Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were given a $0.8250 dividend. This represents a $3.30 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, September 11th. Spire’s dividend payout ratio is presently 36.79%.

Institutional Investors Weigh In On Spire

Several institutional investors have recently made changes to their positions in the company. Miller Global Investments LLC bought a new position in Spire during the third quarter valued at approximately $57,000. Versant Capital Management Inc raised its stake in shares of Spire by 53.8% in the 3rd quarter. Versant Capital Management Inc now owns 655 shares of the utilities provider’s stock valued at $50,000 after acquiring an additional 229 shares in the last quarter. Engineers Gate Manager LP bought a new stake in Spire during the second quarter worth approximately $266,000. Integrated Wealth Concepts LLC acquired a new position in Spire during the second quarter valued at approximately $81,000. Finally, Nykredit A S bought a new position in shares of Spire in the second quarter valued at approximately $119,000. 87.36% of the stock is currently owned by institutional investors and hedge funds.

About Spire

Spire Inc is a diversified natural gas company headquartered in St. Louis, Missouri. Through its regulated utility operations, the company distributes natural gas to residential, commercial, and industrial customers in Missouri and Alabama.

Spire’s business includes natural gas distribution, gas storage and transportation, and related energy services. Its operations also include natural gas marketing and midstream activities, which support the delivery and management of natural gas for utility and other customers.

The company traces its history to 1857, when it was established as Laclede Gas Light Company.