Spire Inc. (NYSE:SR – Free Report) – Zacks Research dropped their Q3 2026 EPS estimates for Spire in a report released 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 prior 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.
Several other brokerages also recently commented on SR. Janney Montgomery Scott began coverage on Spire in a research report on Tuesday, December 17th. They issued a “neutral” rating and a $73.00 price objective on the stock. Wells Fargo & Company boosted their price target on Spire from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Thursday, November 21st. StockNews.com raised shares of Spire from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley reduced their price objective 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, Bank of America started coverage on shares of Spire in a research report on Friday, December 13th. They set a “neutral” rating and a $70.00 target price for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Spire presently has a consensus rating of “Hold” and an average price target of $71.50.
Spire Stock Down 2.6 %
SR opened at $65.67 on Monday. Spire has a fifty-two week low of $56.36 and a fifty-two week 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. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 3.00 and a beta of 0.57. The firm’s fifty day moving average is $68.10 and its 200 day moving average is $65.97.
Spire Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Wednesday, December 11th were paid a dividend of $3.14 per share. This is an increase from Spire’s previous quarterly dividend of $0.76. The ex-dividend date was Wednesday, December 11th. This represents a $12.56 dividend on an annualized basis and a yield of 19.13%. Spire’s dividend payout ratio is presently 72.85%.
Insider Buying and Selling at Spire
In related news, Treasurer Adam W. Woodard sold 1,150 shares of the 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 sale, the treasurer now owns 2,587 shares in the company, valued at approximately $174,544.89. This represents a 30.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul D. Koonce acquired 1,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of $73.61 per share, with a total value of $73,610.00. Following the completion of the purchase, the director now directly owns 2,425 shares of the company’s stock, valued at $178,504.25. This trade represents a 70.18 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.33% of the stock is owned by company insiders.
Hedge Funds Weigh In On Spire
Several hedge funds have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in Spire in the third quarter worth $25,000. GAMMA Investing LLC grew its holdings in shares of Spire by 87.2% in the fourth quarter. GAMMA Investing LLC now owns 438 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 204 shares during the last quarter. Larson Financial Group LLC increased its stake in Spire by 1,318.4% in the 3rd quarter. Larson Financial Group LLC now owns 539 shares of the utilities provider’s stock worth $36,000 after buying an additional 501 shares during the period. Missouri Trust & Investment Co lifted its holdings in Spire by 28.6% during the 3rd quarter. Missouri Trust & Investment Co now owns 900 shares of the utilities provider’s stock valued at $61,000 after buying an additional 200 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in Spire by 38.9% in the 3rd quarter. Blue Trust Inc. now owns 1,057 shares of the utilities provider’s stock valued at $71,000 after buying an additional 296 shares during the period. 87.36% of the stock is currently owned by institutional investors.
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.
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