Spire (NYSE:SR) Releases FY 2025 Earnings Guidance

Spire (NYSE:SR) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of -.

Analysts Set New Price Targets

SR has been the topic of several research reports. Wells Fargo & Company boosted their price objective on shares of Spire from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 21st. Morgan Stanley cut their price target on Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Janney Montgomery Scott assumed coverage on Spire in a research note on Tuesday, December 17th. They set a “neutral” rating and a $73.00 price objective for the company. StockNews.com cut Spire from a “hold” rating to a “sell” rating in a research note on Sunday, January 19th. Finally, UBS Group lifted their price target on Spire from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $71.50.

Spire Stock Performance

Shares of SR stock traded up $1.17 during trading hours on Thursday, reaching $72.39. The company had a trading volume of 889,920 shares, compared to its average volume of 370,372. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.30 and a current ratio of 0.45. The business has a fifty day moving average price of $68.95 and a 200-day moving average price of $66.98. Spire has a one year low of $56.99 and a one year high of $73.64. The firm has a market cap of $4.18 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 2.71 and a beta of 0.58.

Spire (NYSE:SR) last released its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.34 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.08). Spire had a net margin of 9.52% and a return on equity of 8.10%. Sell-side analysts predict that Spire will post 4.51 earnings per share for the current fiscal year.

Spire Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s payout ratio is 72.85%.

Insider Buying and Selling

In other news, Treasurer Adam W. Woodard sold 1,150 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.47, for a total value of $77,590.50. Following the completion of the sale, the treasurer now directly owns 2,587 shares of the company’s stock, valued at $174,544.89. This represents a 30.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul D. Koonce purchased 1,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average price of $73.61 per share, with a total value of $73,610.00. Following the purchase, the director now directly owns 2,425 shares in the company, valued at $178,504.25. This represents a 70.18 % increase in their position. The disclosure for this purchase can be found here. 2.33% of the stock is owned by insiders.

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.