Spire (NYSE:SR) Issues FY 2025 Earnings Guidance

Spire (NYSE:SR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.400-4.600 for the period, compared to the consensus estimate of 4.500. The company issued revenue guidance of -.

Spire Stock Performance

SR stock traded up $0.52 during trading on Wednesday, reaching $71.57. 168,149 shares of the stock were exchanged, compared to its average volume of 352,141. The stock has a 50 day simple moving average of $68.98 and a 200-day simple moving average of $66.95. The company has a current ratio of 0.45, a quick ratio of 0.30 and a debt-to-equity ratio of 1.24. Spire has a twelve month low of $56.99 and a twelve month high of $73.64. The company has a market capitalization of $4.14 billion, a P/E ratio of 16.57, a price-to-earnings-growth ratio of 2.71 and a beta of 0.58.

Spire (NYSE:SR) last issued its earnings results on Wednesday, February 5th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.08). Spire had a return on equity of 8.10% and a net margin of 9.52%. As a group, sell-side analysts anticipate that Spire will post 4.51 earnings per share for the current year.

Spire Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Tuesday, March 11th will be paid a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s payout ratio is 72.85%.

Analyst Ratings Changes

Several brokerages have issued reports on SR. StockNews.com downgraded shares of Spire from a “hold” rating to a “sell” rating in a research report on Sunday, January 19th. LADENBURG THALM/SH SH downgraded Spire from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $65.50 to $60.50 in a research note on Thursday, October 17th. Bank of America assumed coverage on Spire in a research note on Friday, December 13th. They issued a “neutral” rating and a $70.00 target price on the stock. Morgan Stanley lowered their price target on shares of Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Finally, Stifel Nicolaus decreased their price target on shares of Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $71.50.

Insider Buying and Selling

In other Spire news, Director Paul D. Koonce acquired 1,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was bought at an average cost of $73.61 per share, for a total transaction of $73,610.00. Following the completion of the purchase, the director now directly owns 2,425 shares in the company, valued at $178,504.25. This represents a 70.18 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Treasurer Adam W. Woodard sold 1,150 shares of Spire stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.47, for a total transaction of $77,590.50. Following 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 position. The disclosure for this sale can be found here. Insiders own 2.33% of the company’s stock.

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.