NYSE:SR

Spire (SR) Stock Price, News & Analysis

$61.66
-0.24 (-0.39%)
(As of 05/2/2024 ET)
Today's Range
$60.97
$62.31
50-Day Range
$58.16
$62.04
52-Week Range
$53.77
$69.99
Volume
556,618 shs
Average Volume
494,939 shs
Market Capitalization
$3.39 billion
P/E Ratio
16.62
Dividend Yield
4.90%
Price Target
$61.72

Spire MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
0.3% Downside
$61.50 Price Target
Short Interest
Healthy
2.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.03mentions of Spire in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$148,444 Sold Last Quarter
Proj. Earnings Growth
5.30%
From $4.34 to $4.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.59 out of 5 stars

Utilities Sector

64th out of 89 stocks

Natural Gas Distribution Industry

8th out of 12 stocks

SR stock logo

About Spire Stock (NYSE:SR)

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. In addition, the company engages in the operation of propane through its propane pipeline, risk management, and other activities. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.

SR Stock Price History

SR Stock News Headlines

Biden Nomination CANCELED?
The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?
Q2 2024 Spire Inc Earnings Call Transcript
Q2 2024 Spire Inc Earnings Call
Spire Inc.: Spire Reports FY24 Second Quarter Results
Biden Nomination CANCELED?
The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?
Spire Inc. Q2 Profit Increases, but misses estimates
Spire Reports FY24 Second Quarter Results
Spire Q2 2024 Earnings Preview
LADENBURG THALM/SH SH Initiates Coverage on Spire (NYSE:SR)
Spire declares dividend
Spire (SR) Set to Announce Earnings on Wednesday
See More Headlines
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Company Calendar

Ex-Dividend for 4/2 Dividend
3/08/2024
Dividend Payable
4/02/2024
Last Earnings
5/01/2024
Today
5/02/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Natural gas distribution
Sub-Industry
N/A
Employees
3,589
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.50
High Stock Price Target
$68.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$217.50 million
Pretax Margin
9.57%

Debt

Sales & Book Value

Annual Sales
$2.67 billion
Cash Flow
$9.16 per share
Book Value
$50.86 per share

Miscellaneous

Free Float
53,410,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
0.50
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Key Executives

  • Mr. Steven L. Lindsey (Age 58)
    CEO, President & Director
    Comp: $1M
  • Mr. Steven P. RascheMr. Steven P. Rasche (Age 64)
    Executive VP & CFO
    Comp: $803.85k
  • Mr. Michael C. Geiselhart (Age 65)
    Senior VP and Chief Strategy & Corporate Development Officer
    Comp: $668.25k
  • Mr. Scott Edward Doyle (Age 52)
    Executive VP & COO
  • Mr. Timothy W. Krick
    Controller & Chief Accounting Officer
  • Mr. Ryan L. Hyman
    Chief Information Officer & VP of Information Technology Services
  • Megan L. McPhail
    Managing Director of Investor Relations
  • Mr. Matthew J. Aplington
    VP & Chief Legal Officer
  • Ms. Jessica B. Willingham
    Senior VP and Chief Communications & Marketing Officer
  • Gerard J. Gorla
    VP & Chief Human Resources Officer

SR Stock Analysis - Frequently Asked Questions

Should I buy or sell Spire stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spire in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SR, but not buy additional shares or sell existing shares.
View SR analyst ratings
or view top-rated stocks.

What is Spire's stock price target for 2024?

8 brokers have issued twelve-month price objectives for Spire's shares. Their SR share price targets range from $55.00 to $68.00. On average, they anticipate the company's stock price to reach $61.50 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts price targets for SR
or view top-rated stocks among Wall Street analysts.

How have SR shares performed in 2024?

Spire's stock was trading at $62.34 at the start of the year. Since then, SR shares have decreased by 1.1% and is now trading at $61.66.
View the best growth stocks for 2024 here
.

When is Spire's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our SR earnings forecast
.

How were Spire's earnings last quarter?

Spire Inc. (NYSE:SR) posted its earnings results on Wednesday, May, 1st. The utilities provider reported $3.45 EPS for the quarter, missing analysts' consensus estimates of $3.86 by $0.41. The utilities provider earned $1.13 billion during the quarter, compared to the consensus estimate of $1.21 billion. Spire had a trailing twelve-month return on equity of 8.27% and a net margin of 8.11%. Spire's revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.70 EPS.

How often does Spire pay dividends? What is the dividend yield for Spire?

Spire declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.755 per share on Tuesday, July 2nd. This represents a $3.02 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Tuesday, June 11th.
Read our dividend analysis for SR
.

Is Spire a good dividend stock?

Spire (NYSE:SR) pays an annual dividend of $3.02 per share and currently has a dividend yield of 4.89%. SR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 81.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SR will have a dividend payout ratio of 66.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SR.

What guidance has Spire issued on next quarter's earnings?

Spire updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 4.250-4.450 for the period, compared to the consensus estimate of 4.350. The company issued revenue guidance of -.

What is Suzanne Sitherwood's approval rating as Spire's CEO?

27 employees have rated Spire Chief Executive Officer Suzanne Sitherwood on Glassdoor.com. Suzanne Sitherwood has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Spire own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spire investors own include AT&T (T), Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Johnson & Johnson (JNJ), Coca-Cola (KO), Lockheed Martin (LMT), Verizon Communications (VZ), Cisco Systems (CSCO) and Home Depot (HD).

Who are Spire's major shareholders?

Spire's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.38%), Regent Peak Wealth Advisors LLC (0.31%), Leeward Investments LLC MA (0.21%), Mutual of America Capital Management LLC (0.15%), Retirement Systems of Alabama (0.13%) and Congress Asset Management Co. MA (0.11%). Insiders that own company stock include Adam W Woodard, Brenda D Newberry, John P Stupp Jr, Joseph B Hampton, Paul D Koonce and Steven P Rasche.
View institutional ownership trends
.

How do I buy shares of Spire?

Shares of SR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SR) was last updated on 5/3/2024 by MarketBeat.com Staff

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