Spire (NYSE:SR) Updates FY 2027 Earnings Guidance

Spire (NYSE:SR) updated its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 5.650-5.850 for the period, compared to the consensus EPS estimate of 5.700. The company issued revenue guidance of -. Spire also updated its FY 2026 guidance to 5.250-5.450 EPS.

Spire Stock Up 1.0%

Shares of Spire stock traded up $0.82 during trading hours on Tuesday, reaching $86.14. 19,522 shares of the company were exchanged, compared to its average volume of 368,092. The firm has a market cap of $5.09 billion, a PE ratio of 19.58, a PEG ratio of 1.51 and a beta of 0.67. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.21 and a current ratio of 0.32. Spire has a 1 year low of $68.48 and a 1 year high of $91.11. The stock’s fifty day moving average is $83.66 and its 200 day moving average is $81.64.

Spire (NYSE:SR) last issued its earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.24. Spire had a net margin of 10.96% and a return on equity of 8.78%. The company’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 earnings per share. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts forecast that Spire will post 4.5 earnings per share for the current year.

Spire Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.825 per share. The ex-dividend date is Wednesday, March 11th. This represents a $3.30 annualized dividend and a dividend yield of 3.8%. Spire’s dividend payout ratio is 75.00%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. UBS Group upped their target price on Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Mizuho upped their price target on shares of Spire from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. BTIG Research upgraded shares of Spire to a “strong-buy” rating in a report on Wednesday, October 22nd. Morgan Stanley restated an “overweight” rating and set a $93.00 price objective on shares of Spire in a report on Wednesday, January 21st. Finally, Stifel Nicolaus lifted their target price on Spire from $81.00 to $87.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $89.36.

Spire News Roundup

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Q1 EPS beat and solid year-over-year growth: Adjusted EPS was $1.77 vs. $1.34 a year ago and topped consensus estimates (Zacks $1.62; other street estimates ~ $1.53). Revenue rose ~13.9% YoY, signaling demand and rate recovery in the utility segments. Zacks: Spire Q1 Earnings
• Positive Sentiment: Guidance affirmed and modestly favorable vs. consensus: Management reiterated FY26 adjusted EPS of $5.25–$5.45 and FY27 of $5.65–$5.85 (FY26 midpoint slightly above consensus). That combination of a beat plus steady-to-improving guidance reduces near-term execution risk. PR Newswire: Q1 Results & Guidance
• Neutral Sentiment: Press materials available: Company released the full press release and slide deck (useful for details on segment performance — Spire Missouri and Spire Alabama drove gas utility growth). Slide Deck / Press Release
• Neutral Sentiment: Corporate actions — preferred stock redemption amended: The company amended the redemption of its 5.90% Series A preferred shares. This is a financing/capital structure item investors should note but it’s not an earnings driver. PR Newswire: Preferred Redemption
• Neutral Sentiment: Unrelated filing flagged: A Dimensional Fund Advisors Form 8.3 referenced “Spire Healthcare Group PLC” — this is a different company and not material to Spire Inc. (SR). GlobeNewswire: Dimensional Form 8.3

Hedge Funds Weigh In On Spire

Several hedge funds and other institutional investors have recently made changes to their positions in SR. State Street Corp lifted its holdings in shares of Spire by 1.9% during the second quarter. State Street Corp now owns 3,351,641 shares of the utilities provider’s stock valued at $247,162,000 after purchasing an additional 61,851 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Spire by 7.7% in the second quarter. Captrust Financial Advisors now owns 1,135,167 shares of the utilities provider’s stock worth $82,856,000 after buying an additional 80,929 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Spire by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,021,878 shares of the utilities provider’s stock valued at $83,303,000 after acquiring an additional 14,740 shares during the period. Adage Capital Partners GP L.L.C. lifted its position in shares of Spire by 158.1% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,000,000 shares of the utilities provider’s stock valued at $72,990,000 after acquiring an additional 612,500 shares in the last quarter. Finally, Invesco Ltd. grew its position in Spire by 44.4% during the 3rd quarter. Invesco Ltd. now owns 846,263 shares of the utilities provider’s stock worth $68,987,000 after purchasing an additional 260,344 shares in the last quarter. 87.36% of the stock is currently owned by institutional investors and hedge funds.

About Spire

Spire Inc (NYSE: SR), formerly known as The Laclede Group, is a regulated natural gas distribution company headquartered in St. Louis, Missouri. Through its three operating divisions—Spire Missouri, Spire Alabama and Spire Mississippi—the company delivers natural gas to more than 1.7 million residential, commercial and industrial customers. Spire’s service territory spans key markets in the central and southern United States, including metropolitan St. Louis, central Alabama and central Mississippi.

Founded in 1857 as the Laclede Gas Light Company, the business has grown through strategic acquisitions, notably Alabama Gas Corporation in 2013 and Mississippi Gas in 2016.