Zacks Research Weighs in on Spire’s Q1 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Zacks Research boosted their Q1 2026 earnings per share estimates for Spire in a report issued on Wednesday, January 8th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.47 per share for the quarter, up from their prior forecast of $1.44. The consensus estimate for Spire’s current full-year earnings is $4.52 per share. Zacks Research also issued estimates for Spire’s Q2 2026 earnings at $3.84 EPS and FY2027 earnings at $5.10 EPS.

Other analysts have also issued reports about the company. Mizuho upgraded Spire from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $65.00 to $76.00 in a report on Friday, December 20th. Morgan Stanley dropped their target price on Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. StockNews.com raised Spire from a “sell” rating to a “hold” rating in a research report on Saturday. UBS Group upped their target price on Spire from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Bank of America began coverage on Spire in a research note on Friday, December 13th. They set a “neutral” rating and a $70.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $71.50.

Spire Stock Performance

Shares of Spire stock opened at $65.67 on Friday. The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 3.00 and a beta of 0.57. The stock’s 50-day moving average is $68.10 and its 200-day moving average is $65.92. Spire has a one year low of $56.36 and a one year high of $73.64. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.45 and a quick ratio of 0.30.

Spire Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Wednesday, December 11th were issued a $3.14 dividend. This represents a $12.56 dividend on an annualized basis and a dividend yield of 19.13%. The ex-dividend date was Wednesday, December 11th. This is an increase from Spire’s previous quarterly dividend of $0.76. Spire’s dividend payout ratio (DPR) is currently 72.85%.

Insider Buying and Selling at Spire

In other Spire news, Treasurer Adam W. Woodard sold 1,150 shares of Spire stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $67.47, for a total transaction of $77,590.50. Following the transaction, the treasurer now directly owns 2,587 shares of the company’s stock, valued at approximately $174,544.89. The trade was a 30.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul D. Koonce bought 1,000 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of $73.61 per share, for a total transaction of $73,610.00. Following the completion of the acquisition, the director now directly owns 2,425 shares in the company, valued at approximately $178,504.25. This trade represents a 70.18 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SR. Harbor Capital Advisors Inc. raised its position in shares of Spire by 4.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 24,915 shares of the utilities provider’s stock worth $1,690,000 after acquiring an additional 1,097 shares in the last quarter. CWA Asset Management Group LLC raised its position in shares of Spire by 14.8% in the 4th quarter. CWA Asset Management Group LLC now owns 6,509 shares of the utilities provider’s stock worth $441,000 after acquiring an additional 841 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Spire by 87.2% in the 4th quarter. GAMMA Investing LLC now owns 438 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 204 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Spire by 18.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 289,730 shares of the utilities provider’s stock worth $19,496,000 after acquiring an additional 44,506 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Spire in the 3rd quarter worth about $994,000. 87.36% of the stock is owned by institutional investors and hedge funds.

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.