Zacks Research Comments on Spire’s Q3 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Zacks Research decreased their Q3 2026 EPS estimates for shares of Spire in a report issued on Tuesday, July 14th. Zacks Research analyst Team now anticipates that the utilities provider will earn ($0.20) per share for the quarter, down from their previous forecast of ($0.13). The consensus estimate for Spire’s current full-year earnings is $4.02 per share. Zacks Research also issued estimates for Spire’s Q4 2026 earnings at ($1.06) EPS, Q1 2027 earnings at $1.65 EPS, Q2 2027 earnings at $4.16 EPS, Q3 2027 earnings at $0.13 EPS, Q4 2027 earnings at ($0.43) EPS, FY2027 earnings at $5.52 EPS, Q2 2028 earnings at $3.89 EPS and Q3 2028 earnings at $0.36 EPS.

A number of other equities analysts have also weighed in on the company. Weiss Ratings lowered Spire from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Wall Street Zen downgraded Spire from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Morgan Stanley set a $96.00 target price on Spire in a report on Thursday, May 21st. UBS Group reduced their price target on Spire from $106.00 to $103.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Mizuho began coverage on Spire in a report on Tuesday, July 7th. They issued an “outperform” rating and a $88.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $94.30.

Spire Price Performance

NYSE:SR opened at $81.46 on Thursday. Spire has a one year low of $71.24 and a one year high of $95.31. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.48 and a current ratio of 0.55. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 1.83 and a beta of 0.52. The firm’s fifty day moving average is $81.58 and its two-hundred day moving average is $86.07.

Spire (NYSE:SR) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.76 earnings per share for the quarter, topping analysts’ consensus estimates of $3.72 by $0.04. Spire had a net margin of 13.97% and a return on equity of 9.49%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business earned $3.60 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year.

Spire Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 11th were paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, June 11th. Spire’s payout ratio is currently 58.00%.

Insider Transactions at Spire

In other Spire news, SVP Ryan L. Hyman sold 3,822 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $80.51, for a total transaction of $307,709.22. Following the transaction, the senior vice president owned 14,295 shares in the company, valued at approximately $1,150,890.45. This represents a 21.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Paul D. Koonce acquired 2,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $85.81 per share, for a total transaction of $171,620.00. Following the completion of the acquisition, the director owned 7,000 shares of the company’s stock, valued at $600,670. This trade represents a 40.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 3,000 shares of company stock valued at $251,100 in the last ninety days. 2.26% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Spire

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. acquired a new position in Spire during the second quarter worth $742,000. Pacer Advisors Inc. grew its position in shares of Spire by 19.7% in the first quarter. Pacer Advisors Inc. now owns 8,453 shares of the utilities provider’s stock valued at $765,000 after purchasing an additional 1,393 shares during the period. Empowered Funds LLC increased its stake in shares of Spire by 26.7% during the first quarter. Empowered Funds LLC now owns 2,292 shares of the utilities provider’s stock worth $208,000 after purchasing an additional 483 shares in the last quarter. Edgestream Partners L.P. increased its stake in shares of Spire by 226.5% during the first quarter. Edgestream Partners L.P. now owns 125,465 shares of the utilities provider’s stock worth $11,360,000 after purchasing an additional 87,036 shares in the last quarter. Finally, Amundi increased its stake in shares of Spire by 231.1% during the first quarter. Amundi now owns 10,624 shares of the utilities provider’s stock worth $962,000 after purchasing an additional 7,415 shares in the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Trending Headlines about Spire

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks Research raised multiple future earnings estimates for Spire, including FY2027, Q1 2027, Q3 2027, and Q4 2026, signaling improved longer-term profit expectations.
• Neutral Sentiment: The revisions were mixed across different periods, with some later-quarter estimates increased while others were only slightly reduced.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS forecast and trimmed a few other quarters, indicating near-term earnings may be softer than previously expected.

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.