Zacks Research Has Positive Estimate for Spire Q1 Earnings

Spire Inc. (NYSE:SR) – Stock analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Spire in a report issued on Thursday, December 12th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $1.43 per share for the quarter, up from their previous forecast of $1.39. The consensus estimate for Spire’s current full-year earnings is $4.52 per share. Zacks Research also issued estimates for Spire’s Q2 2025 earnings at $3.67 EPS, FY2025 earnings at $4.51 EPS and FY2027 earnings at $5.04 EPS.

A number of other research analysts have also weighed in on the company. 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 report on Thursday, November 21st. Bank of America assumed coverage on Spire in a research note on Friday, December 13th. They set a “neutral” rating and a $70.00 price objective on the stock. Morgan Stanley reduced their target price 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. StockNews.com lowered shares of Spire from a “hold” rating to a “sell” rating in a research report on Friday, November 29th. Finally, UBS Group upped their price objective on shares of Spire from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $70.28.

Spire Trading Up 0.6 %

NYSE SR opened at $68.31 on Monday. Spire has a 52 week low of $56.36 and a 52 week high of $73.64. The business has a 50 day moving average price of $67.31 and a 200-day moving average price of $64.95. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 1.24. The company has a market cap of $3.95 billion, a price-to-earnings ratio of 15.75, a P/E/G ratio of 3.04 and a beta of 0.57.

Hedge Funds Weigh In On Spire

Institutional investors have recently modified their holdings of the company. Captrust Financial Advisors purchased a new position in Spire in the 3rd quarter worth $39,228,000. AQR Capital Management LLC increased its holdings in shares of Spire by 290.9% in the second quarter. AQR Capital Management LLC now owns 130,827 shares of the utilities provider’s stock worth $7,877,000 after buying an additional 97,358 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Spire by 8.3% in the second quarter. Dimensional Fund Advisors LP now owns 944,387 shares of the utilities provider’s stock worth $57,351,000 after buying an additional 72,119 shares during the period. Geode Capital Management LLC lifted its stake in shares of Spire by 5.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,385,452 shares of the utilities provider’s stock valued at $93,244,000 after acquiring an additional 71,798 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Spire by 11.0% during the 2nd quarter. Victory Capital Management Inc. now owns 698,819 shares of the utilities provider’s stock valued at $42,439,000 after acquiring an additional 69,020 shares during the period. 87.36% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Spire

In other 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 completion of the sale, the treasurer now owns 2,587 shares in the company, valued at approximately $174,544.89. This trade represents a 30.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul D. Koonce acquired 1,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of $73.61 per share, with a total value of $73,610.00. Following the acquisition, the director now directly owns 2,425 shares of the company’s stock, valued at $178,504.25. This represents a 70.18 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.86% of the company’s stock.

Spire Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Wednesday, December 11th will be paid a $3.14 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $12.56 annualized dividend and a yield of 18.39%. This is an increase from Spire’s previous quarterly dividend of $0.76. Spire’s dividend payout ratio (DPR) 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.