Spire (NYSE:SR) Releases FY 2025 Earnings Guidance

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

Analyst Ratings Changes

Several research analysts recently commented on the stock. Mizuho raised shares of Spire from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $65.00 to $76.00 in a research note on Friday, December 20th. Stifel Nicolaus decreased their price objective on shares of Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Morgan Stanley reduced their price target on Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Janney Montgomery Scott began coverage on Spire in a research report on Tuesday, December 17th. They set a “neutral” rating and a $73.00 price target for the company. Finally, LADENBURG THALM/SH SH lowered Spire from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $65.50 to $60.50 in a research report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Spire presently has a consensus rating of “Hold” and an average price target of $71.50.

Spire Stock Up 1.6 %

Shares of NYSE:SR opened at $72.39 on Friday. The firm has a market capitalization of $4.18 billion, a P/E ratio of 16.80, a P/E/G ratio of 2.71 and a beta of 0.58. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.30 and a current ratio of 0.45. The stock has a 50 day moving average price of $68.95 and a 200-day moving average price of $66.98. Spire has a 52-week low of $56.99 and a 52-week high of $73.64.

Spire (NYSE:SR) last posted its quarterly earnings data 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, equities research analysts anticipate that Spire will post 4.51 EPS for the current fiscal year.

Spire Cuts Dividend

The firm 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 4.34%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s payout ratio is currently 72.85%.

Insiders Place Their Bets

In other news, Director Paul D. Koonce purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price 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 approximately $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 can be accessed through this link. Also, Treasurer Adam W. Woodard sold 1,150 shares of the firm’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 owns 2,587 shares of the company’s stock, valued at approximately $174,544.89. This represents a 30.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.