Zacks Research Has Positive Estimate for Spire Q4 Earnings

Spire Inc. (NYSE:SR) – Equities researchers at Zacks Research raised their Q4 2026 earnings estimates for shares of Spire in a research report issued to clients and investors on Thursday, August 27th. Zacks Research analyst Team now anticipates that the utilities provider will earn ($1.00) per share for the quarter, up from their previous forecast of ($1.06). The consensus estimate for Spire’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Spire’s Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at ($0.53) EPS, FY2027 earnings at $5.47 EPS, Q1 2028 earnings at $2.06 EPS and Q3 2028 earnings at $0.19 EPS.

Spire (NYSE:SR) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.06. Spire had a net margin of 21.48% and a return on equity of 8.65%. The company had revenue of $420.20 million for the quarter, compared to analyst estimates of $394.62 million. During the same period last year, the business posted $0.01 EPS. The business’s quarterly revenue was up 19.2% on a year-over-year basis. Spire has set its FY 2026 guidance at 3.900-4.100 EPS.

Several other equities analysts have also issued reports on SR. Wall Street Zen upgraded Spire from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Morgan Stanley reduced their price objective on Spire from $96.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Wells Fargo & Company began coverage on Spire in a report on Monday, May 11th. They set an “overweight” rating and a $96.00 price objective on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $85.00 price objective (up from $84.00) on shares of Spire in a research report on Friday, June 26th. Finally, Wolfe Research started coverage on Spire in a research report on Tuesday, May 26th. They set a “peer perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.00.

Spire Stock Down 0.8%

NYSE SR opened at $81.89 on Monday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.27 and a current ratio of 0.37. The firm has a 50-day simple moving average of $81.24 and a 200 day simple moving average of $85.72. Spire has a twelve month low of $73.91 and a twelve month high of $95.31. The stock has a market cap of $4.84 billion, a PE ratio of 9.13, a PEG ratio of 1.84 and a beta of 0.52.

Spire Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Spire’s payout ratio is presently 36.79%.

Insider Buying and Selling

In other news, SVP Ryan L. Hyman sold 3,822 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $80.51, for a total value of $307,709.22. Following the sale, the senior vice president directly owned 14,295 shares in the company, valued at approximately $1,150,890.45. This represents a 21.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Paul D. Koonce bought 500 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of $78.46 per share, with a total value of $39,230.00. Following the completion of the acquisition, the director owned 8,000 shares in the company, valued at $627,680. This represents a 6.67% increase in their position. The SEC filing for this purchase provides additional information. 2.26% of the stock is currently owned by insiders.

Institutional Trading of Spire

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Spire during the second quarter valued at $667,642,000. Vanguard Group Inc. grew its holdings in shares of Spire by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 6,430,368 shares of the utilities provider’s stock worth $531,791,000 after purchasing an additional 19,326 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Spire by 7,941.4% in the 2nd quarter. California State Teachers Retirement System now owns 5,346,822 shares of the utilities provider’s stock worth $417,533,000 after purchasing an additional 5,280,331 shares during the last quarter. State Street Corp increased its position in shares of Spire by 1.9% during the 2nd quarter. State Street Corp now owns 3,351,641 shares of the utilities provider’s stock worth $247,162,000 after purchasing an additional 61,851 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Spire by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 1,579,856 shares of the utilities provider’s stock worth $130,672,000 after purchasing an additional 47,106 shares in the last quarter. 87.36% of the stock is currently owned by institutional investors.

About Spire

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.