Zacks Research Issues Negative Forecast for Spire Earnings

Spire Inc. (NYSE:SR) – Investment analysts at Zacks Research cut their Q4 2026 earnings per share (EPS) estimates for Spire in a report issued on Friday, October 23rd. Zacks Research analyst Team now forecasts that the utilities provider will post earnings per share of ($1.02) for the quarter, down from their prior forecast of ($1.01). The consensus estimate for Spire’s current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Spire’s Q1 2027 earnings at $1.85 EPS, Q3 2027 earnings at ($0.04) EPS, Q4 2027 earnings at ($0.51) EPS and FY2028 earnings at $6.10 EPS.

SR has been the subject of a number of other reports. Wall Street Zen raised Spire from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Mizuho assumed coverage on shares of Spire in a report on Tuesday, July 7th. They issued an “outperform” rating and a $88.00 price target for the company. Morgan Stanley dropped their price objective on shares of Spire from $91.00 to $88.00 and set an “overweight” rating for the company in a research report on Friday, September 18th. Scotiabank began coverage on Spire in a report on Tuesday, September 29th. They set a “sector perform” rating and a $79.00 price objective on the stock. Finally, JPMorgan Chase & Co. increased their price objective on Spire from $85.00 to $86.00 and gave the company a “neutral” rating in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $92.58.

Spire Price Performance

NYSE:SR opened at $85.72 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 0.37 and a debt-to-equity ratio of 1.61. The firm has a market cap of $5.07 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 1.39 and a beta of 0.52. Spire has a 12 month low of $74.84 and a 12 month high of $95.31. The company’s 50-day moving average price is $80.78 and its two-hundred day moving average price is $84.44.

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

Institutional Trading of Spire

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of Spire in the 1st quarter worth $3,631,000. Congress Asset Management Co. increased its holdings in Spire by 20.9% in the third quarter. Congress Asset Management Co. now owns 87,825 shares of the utilities provider’s stock valued at $6,683,000 after purchasing an additional 15,189 shares during the last quarter. Hennessy Advisors Inc. increased its holdings in Spire by 15.7% in the second quarter. Hennessy Advisors Inc. now owns 60,441 shares of the utilities provider’s stock valued at $4,720,000 after purchasing an additional 8,200 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Spire by 104.7% in the first quarter. Quantinno Capital Management LP now owns 45,257 shares of the utilities provider’s stock valued at $4,098,000 after purchasing an additional 23,149 shares during the last quarter. Finally, Greenland Capital Management LP lifted its stake in Spire by 482.5% in the second quarter. Greenland Capital Management LP now owns 32,910 shares of the utilities provider’s stock valued at $2,570,000 after buying an additional 27,260 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

Spire Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were paid a $0.8250 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.30 dividend on an annualized basis and a yield of 3.8%. Spire’s dividend payout ratio (DPR) is presently 36.79%.

Spire Company Profile

Spire Inc is an energy company that provides natural gas services to residential, commercial, industrial and other customers. Through its regulated utility operations, the company distributes natural gas and provides related customer services, with a focus on delivering dependable energy and maintaining the infrastructure needed to serve its communities.

Spire’s regulated utilities serve customers primarily in Missouri and Alabama, with operations that have also included service in Mississippi.