Spire (NYSE: SR) recently received a number of ratings updates from brokerages and research firms:
- 5/26/2026 – Spire is now covered by Wolfe Research. They set a “peer perform” rating on the stock.
- 5/21/2026 – Spire was given a new $96.00 price target by Morgan Stanley.
- 5/11/2026 – Spire is now covered by Wells Fargo & Company. They set an “overweight” rating and a $96.00 price target on the stock.
- 5/11/2026 – Spire was upgraded by Wells Fargo & Company to “strong-buy”.
- 5/9/2026 – Spire was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/8/2026 – Spire had its price target lowered by UBS Group AG from $106.00 to $103.00. They now have a “buy” rating on the stock.
- 4/21/2026 – Spire had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $102.00 price target on the stock.
- 4/16/2026 – Spire is now covered by TD Cowen. They set a “hold” rating and a $101.00 price target on the stock.
Spire Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 11th. Spire’s dividend payout ratio (DPR) is presently 58.00%.
Insider Buying and Selling
In other Spire news, Director Paul D. Koonce acquired 2,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of $85.81 per share, with a total value of $171,620.00. Following the completion of the acquisition, the director owned 7,000 shares in the company, valued at approximately $600,670. This trade represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.26% of the company’s stock.
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.
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