Zacks Research Analysts Raise Earnings Estimates for Spire

Spire Inc. (NYSE:SR) – Equities research analysts at Zacks Research raised their Q1 2026 earnings per share estimates for Spire in a report released on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $1.52 per share for the quarter, up from their prior estimate of $1.50. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q2 2026 earnings at $3.97 EPS, FY2026 earnings at $4.89 EPS, Q1 2027 earnings at $1.59 EPS and FY2027 earnings at $5.20 EPS.

Other equities analysts have also issued research reports about the company. Bank of America started coverage on Spire in a research note on Friday, December 13th. They issued a “neutral” rating and a $70.00 price objective on the stock. JPMorgan Chase & Co. raised shares of Spire from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $72.00 to $85.00 in a report on Thursday, March 20th. Janney Montgomery Scott initiated coverage on shares of Spire in a research report on Tuesday, December 17th. They issued a “neutral” rating and a $73.00 price objective for the company. StockNews.com lowered shares of Spire from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Mizuho raised their price target on shares of Spire from $76.00 to $82.00 and gave the company an “outperform” rating in a report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Spire presently has a consensus rating of “Hold” and a consensus target price of $76.00.

Spire Stock Performance

NYSE:SR opened at $77.45 on Wednesday. Spire has a 12-month low of $57.27 and a 12-month high of $78.83. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 1.21. The firm has a 50-day moving average price of $74.07 and a 200 day moving average price of $69.47. The firm has a market capitalization of $4.52 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 2.82 and a beta of 0.53.

Spire (NYSE:SR) last released its quarterly 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 net margin of 9.70% and a return on equity of 7.88%.

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 issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Tuesday, March 11th. Spire’s dividend payout ratio is currently 76.03%.

Institutional Investors Weigh In On Spire

Hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Spire by 29.0% during the fourth quarter. Wellington Management Group LLP now owns 1,022,870 shares of the utilities provider’s stock worth $69,381,000 after acquiring an additional 229,662 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Spire by 19.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,989 shares of the utilities provider’s stock valued at $338,000 after purchasing an additional 815 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Spire by 2.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 193,065 shares of the utilities provider’s stock valued at $13,096,000 after purchasing an additional 5,454 shares in the last quarter. Zimmer Partners LP acquired a new position in shares of Spire in the 4th quarter valued at approximately $30,083,000. Finally, iSAM Funds UK Ltd increased its stake in Spire by 2.5% during the 4th quarter. iSAM Funds UK Ltd now owns 9,798 shares of the utilities provider’s stock worth $665,000 after purchasing an additional 239 shares in the last quarter. 87.36% of the stock is currently owned by institutional investors and hedge funds.

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.