Research Analysts Set Expectations for Spire FY2025 Earnings

Spire Inc. (NYSE:SR) – Equities researchers at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for Spire in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $4.49 per share for the year, up from their prior estimate of $4.48. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q1 2027 earnings at $1.75 EPS and FY2027 earnings at $5.36 EPS.

Spire (NYSE:SR) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $3.60 EPS for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.10). Spire had a net margin of 9.70% and a return on equity of 7.88%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company posted $3.45 earnings per share. The company’s revenue was down 6.8% on a year-over-year basis.

SR has been the topic of a number of other reports. Guggenheim upped their price target on Spire from $67.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 1st. Wall Street Zen upgraded Spire from a “sell” rating to a “hold” rating in a research note on Friday, May 9th. JPMorgan Chase & Co. raised Spire from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $72.00 to $85.00 in a research report on Thursday, March 20th. Mizuho upped their price objective on Spire from $76.00 to $82.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th. Finally, Morgan Stanley upped their price objective on Spire from $75.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 20th. Seven analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $77.40.

Spire Stock Up 1.7%

NYSE:SR opened at $74.70 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21. The stock’s fifty day moving average is $75.95 and its two-hundred day moving average is $72.40. Spire has a 52 week low of $57.77 and a 52 week high of $79.81. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 2.82 and a beta of 0.65.

Hedge Funds Weigh In On Spire

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings 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 last quarter. Wellington Management Group LLP increased its holdings in Spire by 29.0% in the fourth quarter. Wellington Management Group LLP now owns 1,022,870 shares of the utilities provider’s stock valued at $69,381,000 after buying an additional 229,662 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Spire by 1.6% in the fourth 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 last quarter. Nuveen LLC purchased a new position in Spire in the first quarter valued at $73,254,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Spire in the first quarter valued at $69,889,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Spire Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, April 11th will be issued a $0.785 dividend. This represents a $3.14 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Wednesday, June 11th. Spire’s dividend payout ratio (DPR) is presently 77.34%.

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.