Analysts Set Expectations for Spire’s Q2 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Analysts at Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for Spire in a report issued on Tuesday, February 24th. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $3.78 for the quarter, up from their previous forecast of $3.69. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q3 2026 earnings at $0.15 EPS, FY2026 earnings at $5.29 EPS, Q1 2027 earnings at $1.76 EPS, Q2 2027 earnings at $3.92 EPS, Q3 2027 earnings at $0.17 EPS and Q1 2028 earnings at $1.73 EPS.

Spire (NYSE:SR) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 EPS for the quarter, beating the consensus estimate of $1.62 by $0.15. The business had revenue of $762.20 million for the quarter, compared to analyst estimates of $785.54 million. Spire had a return on equity of 9.43% and a net margin of 10.95%.The company’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.34 EPS. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.

A number of other equities research analysts also recently issued reports on SR. Morgan Stanley reissued an “overweight” rating and issued a $100.00 price target on shares of Spire in a research note on Friday, February 20th. Mizuho boosted their target price on Spire from $93.00 to $96.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating and set a $99.00 price target on shares of Spire in a research note on Wednesday, January 21st. Stifel Nicolaus boosted their price objective on Spire from $81.00 to $87.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings raised Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.70.

Spire Trading Up 0.0%

NYSE SR opened at $90.79 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.61 and a quick ratio of 0.45. The stock has a market capitalization of $5.37 billion, a P/E ratio of 19.74, a PEG ratio of 1.43 and a beta of 0.67. The firm’s 50-day moving average is $85.22 and its two-hundred day moving average is $83.22. Spire has a 12 month low of $69.94 and a 12 month high of $92.53.

Spire Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, March 11th will be issued a $0.825 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $3.30 dividend on an annualized basis and a yield of 3.6%. Spire’s dividend payout ratio (DPR) is 71.74%.

Institutional Investors Weigh In On Spire

Several large investors have recently bought and sold shares of SR. Community Bank N.A. purchased a new position in shares of Spire in the 3rd quarter valued at about $25,000. Sound Income Strategies LLC purchased a new position in Spire in the fourth quarter worth approximately $25,000. Optima Capital LLC acquired a new position in Spire during the 4th quarter worth approximately $25,000. Los Angeles Capital Management LLC purchased a new stake in shares of Spire in the 4th quarter valued at approximately $25,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Spire by 186.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 370 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 241 shares in the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Spire News Summary

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks raised its FY2026 EPS view to $5.29 (from $5.25), which sits inside Spire’s company guidance range and supports the utility’s medium‑term earnings outlook — a constructive datapoint for valuation and dividend support.
• Positive Sentiment: Zacks lifted Q2 2027 and Q2 2026 quarterly forecasts (Q2 2027 to $3.92 from $3.66; Q2 2026 to $3.78 from $3.69), and nudged Q1 2027 higher to $1.76 — these upward revisions point to stronger seasonal/near‑term cash generation assumptions.
• Neutral Sentiment: Analyst/market commentary: a Seeking Alpha piece touts Spire as a portfolio return enhancer (marketing/idea piece). It may attract retail interest but contains no new company data. Article Title
• Neutral Sentiment: Administrative filing referenced “Spire Healthcare Group plc” (Form 8.3) from Dimensional Fund Advisors — this concerns a different company (Spire Healthcare) and is not related to Spire Inc. (SR), so it should not affect SR’s fundamentals. Form 8.3
• Negative Sentiment: Zacks cut Q1 2028 EPS to $1.73 from $1.82 — a downward revision that trims expectations for that quarter and could weigh on short‑term sentiment if investors focus on quarter‑to‑quarter smoothing.
• Negative Sentiment: Zacks reduced Q3 2027 and Q3 2026 estimates (Q3 2027 to $0.17 from $0.26; Q3 2026 to $0.15 from $0.20), signaling weaker expected results in those quarters — a potential near‑term negative for momentum if confirmed by company commentary.

Spire Company Profile

Spire Inc (NYSE: SR), formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire’s service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.

Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.