Research Analysts Set Expectations for Spire Q2 Earnings

Spire Inc. (NYSE:SR) – Analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for Spire in a research report issued to clients and investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $3.70 per share for the quarter, up from their prior estimate of $3.67. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s FY2025 earnings at $4.48 EPS, Q1 2026 earnings at $1.50 EPS, FY2026 earnings at $4.88 EPS and FY2027 earnings at $5.15 EPS.

SR has been the subject of several other reports. Wells Fargo & Company lifted their price target on shares of Spire from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Thursday, November 21st. Janney Montgomery Scott assumed coverage on shares of Spire in a research note on Tuesday, December 17th. They issued a “neutral” rating and a $73.00 target price for the company. Mizuho upgraded Spire from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $65.00 to $76.00 in a research report on Friday, December 20th. StockNews.com cut Spire from a “hold” rating to a “sell” rating in a report on Friday, February 14th. Finally, Morgan Stanley lowered their target price on Spire from $77.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $71.50.

Spire Stock Performance

Spire stock opened at $75.98 on Tuesday. The firm has a market capitalization of $4.43 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.82 and a beta of 0.58. The stock has a fifty day moving average price of $69.77 and a two-hundred day moving average price of $67.68. Spire has a 52-week low of $57.27 and a 52-week high of $76.26. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.50 and a quick ratio of 0.37.

Spire (NYSE:SR) last posted its earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.08). Spire had a net margin of 9.70% and a return on equity of 7.88%.

Spire Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date is Tuesday, March 11th. Spire’s dividend payout ratio is presently 76.03%.

Insider Buying and Selling

In other news, Treasurer Adam W. Woodard sold 1,150 shares of Spire stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $67.47, for a total value of $77,590.50. Following the sale, the treasurer now directly owns 2,587 shares in the company, valued at $174,544.89. This trade represents a 30.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul D. Koonce bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of $73.61 per share, for a total transaction of $73,610.00. Following the acquisition, the director now directly owns 2,425 shares of the company’s stock, valued at $178,504.25. This represents a 70.18 % increase in their position. The disclosure for this purchase can be found here. 2.33% of the stock is owned by insiders.

Institutional Investors Weigh In On Spire

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Spire by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 6,168,221 shares of the utilities provider’s stock valued at $418,390,000 after buying an additional 46,434 shares during the period. State Street Corp raised its position in shares of Spire by 1.4% in the third quarter. State Street Corp now owns 3,154,230 shares of the utilities provider’s stock valued at $214,535,000 after buying an additional 44,969 shares in the last quarter. Geode Capital Management LLC raised its holdings in Spire by 5.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,385,452 shares of the utilities provider’s stock valued at $93,244,000 after acquiring an additional 71,798 shares in the last quarter. Wellington Management Group LLP grew its stake in Spire by 29.0% during the fourth quarter. Wellington Management Group LLP now owns 1,022,870 shares of the utilities provider’s stock worth $69,381,000 after buying an additional 229,662 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Spire by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,002,938 shares of the utilities provider’s stock valued at $68,028,000 after buying an additional 15,835 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

Spire Company Profile

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.