Brokers Issue Forecasts for Spire’s Q3 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Spire in a research report issued to clients and investors on Wednesday, January 8th. Zacks Research analyst R. Department now expects that the utilities provider will earn ($0.08) per share for the quarter, down from their previous forecast of ($0.06). The consensus estimate for Spire’s current full-year earnings is $4.52 per share. Zacks Research also issued estimates for Spire’s Q4 2026 earnings at ($0.37) EPS and Q1 2027 earnings at $1.46 EPS.

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus decreased their target price on shares of Spire from $70.00 to $69.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. Morgan Stanley reduced their price objective on Spire from $77.00 to $75.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Mizuho raised Spire from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $65.00 to $76.00 in a report on Friday, December 20th. Janney Montgomery Scott began coverage on Spire in a report on Tuesday, December 17th. They set a “neutral” rating and a $73.00 price target for the company. Finally, UBS Group upped their price target on shares of Spire from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Spire presently has an average rating of “Hold” and a consensus price target of $71.50.

Spire Stock Down 2.6 %

NYSE:SR opened at $65.67 on Monday. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.45 and a quick ratio of 0.30. The firm’s 50-day moving average price is $68.10 and its 200-day moving average price is $65.97. The company has a market capitalization of $3.80 billion, a PE ratio of 15.24, a P/E/G ratio of 3.00 and a beta of 0.57. Spire has a 1-year low of $56.36 and a 1-year high of $73.64.

Institutional Trading of Spire

Several large investors have recently added to or reduced their stakes in SR. Harbor Capital Advisors Inc. raised its position in Spire by 4.6% in the fourth 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 during the period. CWA Asset Management Group LLC increased its stake 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 purchasing an additional 841 shares in the last quarter. GAMMA Investing LLC raised its holdings in 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 purchasing an additional 204 shares during the period. JPMorgan Chase & Co. lifted its position in Spire by 18.1% during the third quarter. JPMorgan Chase & Co. now owns 289,730 shares of the utilities provider’s stock valued at $19,496,000 after purchasing an additional 44,506 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new stake in Spire during the third quarter valued at about $994,000. 87.36% of the stock is currently owned by institutional investors.

Insider Activity

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

Spire Increases Dividend

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

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.