Analysts Offer Predictions for Spire’s Q1 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Research analysts at Zacks Research lowered their Q1 2025 EPS estimates for Spire in a research report issued to clients and investors on Monday, October 21st. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.37 for the quarter, down from their previous estimate of $1.38. The consensus estimate for Spire’s current full-year earnings is $4.23 per share. Zacks Research also issued estimates for Spire’s Q2 2025 earnings at $3.63 EPS.

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

Spire Price Performance

Shares of SR opened at $66.39 on Wednesday. The stock has a 50 day simple moving average of $65.65 and a 200 day simple moving average of $63.01. Spire has a 52-week low of $54.15 and a 52-week high of $68.02. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.35 and a current ratio of 0.48. The firm has a market capitalization of $3.83 billion, a PE ratio of 16.77, a P/E/G ratio of 2.84 and a beta of 0.52.

Spire (NYSE:SR) last posted its earnings results on Wednesday, July 31st. The utilities provider reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. Spire had a return on equity of 8.10% and a net margin of 9.40%. The firm had revenue of $414.10 million for the quarter, compared to analyst estimates of $313.86 million. During the same period in the previous year, the company posted ($0.42) earnings per share. The company’s revenue for the quarter was down 1.1% on a year-over-year basis.

Spire Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 11th were given a $0.755 dividend. This represents a $3.02 annualized dividend and a dividend yield of 4.55%. The ex-dividend date was Wednesday, September 11th. Spire’s payout ratio is presently 76.26%.

Insider Transactions at Spire

In other Spire news, VP Gerard J. Gorla sold 500 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $64.82, for a total value of $32,410.00. Following the transaction, the vice president now directly owns 7,311 shares of the company’s stock, valued at $473,899.02. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Spire news, VP Gerard J. Gorla sold 500 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $64.82, for a total transaction of $32,410.00. Following the transaction, the vice president now owns 7,311 shares in the company, valued at $473,899.02. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria V. Fogarty sold 6,590 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $65.15, for a total transaction of $429,338.50. Following the completion of the sale, the director now directly owns 9,800 shares of the company’s stock, valued at approximately $638,470. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.86% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Spire

Hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new position in shares of Spire in the second quarter worth $31,000. LRI Investments LLC acquired a new position in Spire during the first quarter valued at approximately $35,000. Fidelis Capital Partners LLC bought a new stake in Spire during the first quarter worth $37,000. EntryPoint Capital LLC bought a new position in shares of Spire in the 1st quarter valued at $47,000. Finally, Blue Trust Inc. lifted its position in shares of Spire by 26.8% during the 2nd quarter. Blue Trust Inc. now owns 761 shares of the utilities provider’s stock worth $47,000 after buying an additional 161 shares during the last quarter. Institutional investors own 87.36% 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.