Spire (SR) to Release Quarterly Earnings on Wednesday

Spire (NYSE:SR) is set to release its earnings data before the market opens on Wednesday, November 20th. Analysts expect the company to announce earnings of ($0.45) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Spire Stock Up 0.1 %

SR stock opened at $66.12 on Wednesday. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 2.85 and a beta of 0.52. The firm has a 50-day moving average of $65.46 and a two-hundred day moving average of $63.46. Spire has a 12 month low of $56.36 and a 12 month high of $68.02. The company has a current ratio of 0.48, a quick ratio of 0.35 and a debt-to-equity ratio of 1.11.

Insider Activity

In other news, VP Gerard J. Gorla sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $64.82, for a total value of $32,410.00. Following the completion of the transaction, the vice president now owns 7,311 shares of the company’s stock, valued at approximately $473,899.02. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on SR shares. Wells Fargo & Company lifted their price target on Spire from $72.00 to $73.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 16th. Morgan Stanley increased their price target on shares of Spire from $70.00 to $76.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 25th. Stifel Nicolaus upped their price objective on Spire from $64.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Finally, LADENBURG THALM/SH SH cut Spire from a “neutral” rating to a “sell” rating and cut their target price for the stock from $65.50 to $60.50 in a research note on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $66.19.

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.