Zacks Research Issues Pessimistic Outlook for Spire Earnings

Spire Inc. (NYSE:SR) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for Spire in a report issued on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn ($0.08) per share for the quarter, down from their previous forecast of ($0.06). The consensus estimate for Spire’s current full-year earnings is $4.52 per share. Zacks Research also issued estimates for Spire’s Q4 2026 earnings at ($0.37) EPS and Q1 2027 earnings at $1.46 EPS.

Other research analysts have also recently issued reports about the stock. Morgan Stanley reduced 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. UBS Group upped their price target 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. Stifel Nicolaus cut their price objective on Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. StockNews.com upgraded Spire from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, LADENBURG THALM/SH SH lowered Spire from a “neutral” rating to a “sell” rating and lowered their target price for the company from $65.50 to $60.50 in a research note on Thursday, October 17th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Spire presently has a consensus rating of “Hold” and an average target price of $71.50.

Spire Stock Up 1.0 %

Shares of NYSE:SR opened at $66.30 on Monday. The stock has a 50-day simple moving average of $68.19 and a 200-day simple moving average of $66.02. The stock has a market capitalization of $3.83 billion, a P/E ratio of 15.38, a PEG ratio of 3.00 and a beta of 0.57. Spire has a 1 year low of $56.36 and a 1 year high of $73.64. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.30 and a current ratio of 0.45.

Spire Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Wednesday, December 11th were given a dividend of $3.14 per share. This represents a $12.56 dividend on an annualized basis and a dividend yield of 18.94%. This is a positive change from Spire’s previous quarterly dividend of $0.76. The ex-dividend date was Wednesday, December 11th. Spire’s payout ratio is presently 72.85%.

Insider Buying and Selling

In other news, Director Paul D. Koonce bought 1,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of $73.61 per share, for a total transaction of $73,610.00. Following the transaction, the director now owns 2,425 shares in the company, valued at $178,504.25. The trade was a 70.18 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Treasurer Adam W. Woodard sold 1,150 shares of Spire stock in a transaction on 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 transaction, the treasurer now directly owns 2,587 shares of the company’s stock, valued at approximately $174,544.89. This represents 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.

Institutional Investors Weigh In On Spire

Institutional investors have recently modified their holdings of the business. Crossmark Global Holdings Inc. increased its stake in shares of Spire by 5.2% in the third quarter. Crossmark Global Holdings Inc. now owns 3,572 shares of the utilities provider’s stock valued at $240,000 after purchasing an additional 177 shares during the period. Creative Planning grew its stake in shares of Spire by 2.7% in the third quarter. Creative Planning now owns 7,126 shares of the utilities provider’s stock worth $480,000 after purchasing an additional 190 shares in the last quarter. Missouri Trust & Investment Co grew its stake in shares of Spire by 28.6% in the third quarter. Missouri Trust & Investment Co now owns 900 shares of the utilities provider’s stock worth $61,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Spire by 87.2% during the fourth quarter. GAMMA Investing LLC now owns 438 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 204 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its holdings in Spire by 4.5% in the third quarter. Verdence Capital Advisors LLC now owns 5,327 shares of the utilities provider’s stock worth $358,000 after purchasing an additional 228 shares during the period. Institutional investors own 87.36% of the company’s stock.

About Spire

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.