What is Zacks Research’s Forecast for Spire Q2 Earnings?

Spire Inc. (NYSE:SRFree Report) – Investment analysts at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for Spire in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $3.70 per share for the quarter, up from their previous forecast of $3.67. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s FY2025 earnings at $4.48 EPS, Q1 2026 earnings at $1.50 EPS, FY2026 earnings at $4.88 EPS and FY2027 earnings at $5.15 EPS.

Spire (NYSE:SRGet Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.08). Spire had a net margin of 9.70% and a return on equity of 7.88%.

A number of other equities analysts also recently commented on SR. Morgan Stanley reduced their price objective on shares of Spire from $77.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Stifel Nicolaus cut their price target on Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Janney Montgomery Scott started coverage on Spire in a research report on Tuesday, December 17th. They set a “neutral” rating and a $73.00 price target on the stock. Wells Fargo & Company raised their target price on Spire from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Thursday, November 21st. Finally, UBS Group raised their price target on shares of Spire from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $71.50.

Read Our Latest Stock Report on SR

Spire Stock Performance

Shares of NYSE:SR opened at $75.65 on Tuesday. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 2.82 and a beta of 0.58. Spire has a 52 week low of $57.27 and a 52 week high of $76.41. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21. The firm has a 50 day moving average of $69.77 and a 200 day moving average of $67.68.

Institutional Investors Weigh In On Spire

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC increased its stake in shares of Spire by 5.5% during the third quarter. Geode Capital Management LLC now owns 1,385,452 shares of the utilities provider’s stock worth $93,244,000 after acquiring an additional 71,798 shares during the period. Janney Montgomery Scott LLC purchased a new position in Spire during the third quarter worth approximately $787,000. Cynosure Group LLC acquired a new stake in shares of Spire in the third quarter worth $4,067,000. Allspring Global Investments Holdings LLC increased its position in shares of Spire by 116.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 28,025 shares of the utilities provider’s stock worth $1,886,000 after acquiring an additional 15,060 shares in the last quarter. Finally, Entropy Technologies LP grew its holdings in Spire by 175.5% during the 3rd quarter. Entropy Technologies LP now owns 15,637 shares of the utilities provider’s stock worth $1,052,000 after acquiring an additional 9,962 shares in the last quarter. 87.36% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Spire

In other Spire news, Treasurer Adam W. Woodard sold 1,150 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.47, for a total value of $77,590.50. Following the completion of the transaction, the treasurer now owns 2,587 shares in the company, valued at $174,544.89. The trade was a 30.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Paul D. Koonce purchased 1,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average price of $73.61 per share, with a total value of $73,610.00. Following the purchase, the director now owns 2,425 shares of the company’s stock, valued at approximately $178,504.25. This represents a 70.18 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.33% of the stock is owned by insiders.

Spire Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Tuesday, March 11th. Spire’s payout ratio is presently 76.03%.

About Spire

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Spire (NYSE:SR)

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