Brokers Set Expectations for Spire’s Q3 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Equities research analysts at Zacks Research raised their Q3 2025 EPS estimates for shares of Spire in a report released on Monday, October 21st. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of ($0.12) for the quarter, up from their prior forecast of ($0.15). The consensus estimate for Spire’s current full-year earnings is $4.23 per share. Zacks Research also issued estimates for Spire’s Q4 2025 earnings at ($0.34) EPS, Q2 2026 earnings at $3.70 EPS and Q4 2026 earnings at ($0.20) EPS.

Other analysts also recently issued reports about the stock. LADENBURG THALM/SH SH downgraded shares of Spire from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $65.50 to $60.50 in a report on Thursday, October 17th. Morgan Stanley lifted their price objective on shares of Spire from $70.00 to $76.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Stifel Nicolaus lifted their price objective on shares of Spire from $64.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Finally, Wells Fargo & Company lifted their price objective 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. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $66.19.

Spire Stock Performance

Shares of SR stock opened at $64.80 on Thursday. 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 company has a market capitalization of $3.74 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 2.93 and a beta of 0.52. The company’s 50 day moving average price is $65.71 and its two-hundred day moving average price is $63.08. Spire has a 52 week low of $54.15 and a 52 week high of $68.02.

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

Insider Activity at Spire

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

Hedge Funds Weigh In On Spire

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC acquired a new stake in shares of Spire during the second quarter worth $31,000. LRI Investments LLC acquired a new stake in shares of Spire during the first quarter worth $35,000. Fidelis Capital Partners LLC acquired a new stake in shares of Spire during the first quarter worth $37,000. EntryPoint Capital LLC acquired a new stake in shares of Spire during the first quarter worth $47,000. Finally, Blue Trust Inc. lifted its holdings in shares of Spire by 26.8% during the second quarter. Blue Trust Inc. now owns 761 shares of the utilities provider’s stock worth $47,000 after buying an additional 161 shares in the last quarter. 87.36% of the stock is 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.