Analysts Issue Forecasts for Spire’s Q3 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Stock analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for shares of Spire in a report issued on Tuesday, June 10th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of ($0.07) per share for the quarter, up from their previous estimate of ($0.08). The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q4 2026 earnings at ($0.29) EPS, Q1 2027 earnings at $1.74 EPS and Q2 2027 earnings at $3.89 EPS.

A number of other equities research analysts have also recently commented on SR. Wall Street Zen upgraded Spire from a “sell” rating to a “hold” rating in a report on Friday, May 9th. Mizuho raised their price objective on Spire from $76.00 to $82.00 and gave the stock an “outperform” rating in a report on Wednesday, March 19th. Morgan Stanley raised their price objective on Spire from $75.00 to $78.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. Wells Fargo & Company raised their price objective on Spire from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Thursday, May 1st. Finally, LADENBURG THALM/SH SH upgraded Spire to a “strong-buy” rating in a report on Friday, May 9th. Seven equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Spire currently has an average rating of “Hold” and an average price target of $77.20.

Spire Stock Performance

SR opened at $72.16 on Friday. The stock has a market cap of $4.26 billion, a P/E ratio of 17.47, a P/E/G ratio of 2.82 and a beta of 0.63. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.50 and a quick ratio of 0.37. The stock’s 50 day simple moving average is $75.06 and its 200 day simple moving average is $73.13. Spire has a 1-year low of $57.77 and a 1-year high of $79.81.

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SR. Nuveen LLC purchased a new position in Spire in the first quarter valued at about $73,254,000. Vaughan Nelson Investment Management L.P. purchased a new position in Spire in the first quarter valued at about $69,889,000. Norges Bank purchased a new position in Spire in the fourth quarter valued at about $42,432,000. Zimmer Partners LP purchased a new position in Spire in the fourth quarter valued at about $30,083,000. Finally, Adage Capital Partners GP L.L.C. purchased a new position in Spire in the first quarter valued at about $30,322,000. 87.36% of the stock is owned by hedge funds and other institutional investors.

Spire Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, April 11th will be given a $0.785 dividend. This represents a $3.14 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Wednesday, June 11th. Spire’s dividend payout ratio (DPR) is currently 77.34%.

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.