Brokers Offer Predictions for Spire’s Q4 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Zacks Research lowered their Q4 2027 earnings per share estimates for Spire in a research report issued on Thursday, January 15th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of ($0.04) per share for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Spire’s current full-year earnings is $4.50 per share.

Spire (NYSE:SR) last released its quarterly earnings results on Friday, November 14th. The utilities provider reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.46) by ($0.01). The business had revenue of $334.10 million during the quarter, compared to analyst estimates of $439.56 million. Spire had a net margin of 10.96% and a return on equity of 8.78%. The company’s revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.54) earnings per share. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.

Several other research analysts also recently issued reports on SR. BTIG Research upgraded shares of Spire to a “strong-buy” rating in a report on Wednesday, October 22nd. UBS Group upped their price target on Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Spire in a research report on Monday, December 29th. Morgan Stanley set a $97.00 target price on shares of Spire in a research report on Thursday, November 20th. Finally, Mizuho raised their price target on Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $88.55.

Spire Stock Up 0.7%

NYSE:SR opened at $83.56 on Monday. The stock’s 50 day moving average price is $84.26 and its two-hundred day moving average price is $80.98. Spire has a twelve month low of $68.48 and a twelve month high of $91.11. The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 1.50 and a beta of 0.67. The company has a quick ratio of 0.21, a current ratio of 0.32 and a debt-to-equity ratio of 1.07.

Spire Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.825 per share. This is a boost from Spire’s previous quarterly dividend of $0.79. This represents a $3.30 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Thursday, December 11th. Spire’s payout ratio is presently 75.00%.

Institutional Trading of Spire

A number of hedge funds have recently added to or reduced their stakes in the business. Csenge Advisory Group boosted its stake in Spire by 131.0% in the third quarter. Csenge Advisory Group now owns 37,400 shares of the utilities provider’s stock valued at $3,049,000 after acquiring an additional 21,211 shares in the last quarter. Coldstream Capital Management Inc. increased its position in shares of Spire by 404.1% during the second quarter. Coldstream Capital Management Inc. now owns 3,710 shares of the utilities provider’s stock worth $273,000 after purchasing an additional 2,974 shares in the last quarter. Regent Peak Wealth Advisors LLC purchased a new stake in shares of Spire during the 3rd quarter valued at $4,064,000. CWM LLC boosted its position in shares of Spire by 19.7% in the 2nd quarter. CWM LLC now owns 19,723 shares of the utilities provider’s stock worth $1,440,000 after purchasing an additional 3,241 shares in the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in shares of Spire in the 3rd quarter worth $1,092,000. 87.36% of the stock is owned by hedge funds and other institutional investors.

Spire Company Profile

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.