Spire (NYSE:SR) Issues FY 2026 Earnings Guidance

Spire (NYSE:SR) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 5.250-5.450 for the period, compared to the consensus EPS estimate of 5.180. The company issued revenue guidance of -. Spire also updated its FY 2027 guidance to 5.650-5.850 EPS.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. UBS Group increased their price target on shares of Spire from $80.00 to $95.00 and gave the company a “buy” rating in a report on Monday, October 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Spire in a research note on Wednesday, October 8th. Mizuho boosted their target price on Spire from $83.00 to $93.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Morgan Stanley set a $91.00 price target on Spire and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, Bank of America raised shares of Spire from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $76.00 to $89.00 in a research note on Wednesday, October 29th. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $86.08.

Spire Price Performance

SR opened at $87.06 on Friday. The business has a fifty day moving average of $83.24 and a 200 day moving average of $77.77. The stock has a market cap of $5.14 billion, a P/E ratio of 18.80, a PEG ratio of 2.50 and a beta of 0.72. The company has a quick ratio of 0.27, a current ratio of 0.37 and a debt-to-equity ratio of 1.08. Spire has a 52-week low of $64.44 and a 52-week high of $91.11.

Spire (NYSE:SR) last posted its quarterly earnings results on Friday, November 14th. The utilities provider reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.01). The company had revenue of $334.10 million during the quarter, compared to the consensus estimate of $439.56 million. Spire had a return on equity of 8.66% and a net margin of 11.56%.The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.54) earnings per share. Spire has set its FY 2027 guidance at 5.650-5.850 EPS. FY 2026 guidance at 5.250-5.450 EPS. As a group, sell-side analysts anticipate that Spire will post 4.5 EPS for the current year.

Spire Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Thursday, December 11th will be paid a dividend of $0.825 per share. This is a boost from Spire’s previous quarterly dividend of $0.79. This represents a $3.30 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, December 11th. Spire’s payout ratio is presently 67.82%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SR. Headlands Technologies LLC purchased a new stake in shares of Spire in the 2nd quarter worth $38,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Spire by 1,031.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 611 shares of the utilities provider’s stock valued at $45,000 after acquiring an additional 557 shares in the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Spire in the second quarter valued at about $48,000. Parallel Advisors LLC lifted its stake in Spire by 24.2% in the third quarter. Parallel Advisors LLC now owns 975 shares of the utilities provider’s stock worth $80,000 after acquiring an additional 190 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Spire by 66.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the utilities provider’s stock worth $124,000 after acquiring an additional 681 shares in the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

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.