Spire (NYSE:SR) Issues FY 2025 Earnings Guidance

Spire (NYSE:SR) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SR shares. StockNews.com downgraded Spire from a “hold” rating to a “sell” rating in a research report on Sunday, January 19th. UBS Group boosted their price target on shares of Spire from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Stifel Nicolaus decreased their price objective on shares of Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Mizuho upgraded shares of Spire from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $65.00 to $76.00 in a report on Friday, December 20th. Finally, Bank of America started coverage on Spire in a research note on Friday, December 13th. They set a “neutral” rating and a $70.00 price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Spire currently has an average rating of “Hold” and a consensus target price of $71.50.

Spire Trading Down 0.1 %

NYSE SR opened at $71.37 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 1.24. Spire has a 52 week low of $56.99 and a 52 week high of $73.64. The stock has a market capitalization of $4.13 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 2.71 and a beta of 0.58. The firm has a 50 day moving average of $68.98 and a two-hundred day moving average of $66.95.

Spire Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Tuesday, March 11th will be paid a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date is Tuesday, March 11th. Spire’s dividend payout ratio is presently 72.85%.

Insiders Place Their Bets

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

About Spire

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.