Spire (NYSE:SR) Releases FY 2026 Earnings Guidance

Spire (NYSE:SR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.250-5.450 for the period, compared to the consensus estimate of 5.230. The company issued revenue guidance of -. Spire also updated its FY 2027 guidance to 5.650-5.850 EPS.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $99.00 price objective on shares of Spire in a research note on Wednesday, January 21st. Mizuho lifted their price objective on Spire from $93.00 to $96.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. UBS Group boosted their price objective on Spire from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Morgan Stanley restated an “overweight” rating and set a $93.00 target price on shares of Spire in a report on Wednesday, January 21st. Finally, Stifel Nicolaus increased their price objective on shares of Spire from $81.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Spire currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.36.

Spire Price Performance

Shares of SR opened at $85.10 on Wednesday. The stock has a market capitalization of $5.03 billion, a P/E ratio of 19.34, a P/E/G ratio of 1.34 and a beta of 0.67. Spire has a twelve month low of $68.48 and a twelve month high of $91.11. The company has a 50 day moving average of $83.62 and a 200-day moving average of $81.71. The company has a quick ratio of 0.21, a current ratio of 0.32 and a debt-to-equity ratio of 1.07.

Spire (NYSE:SR) last announced its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.15. Spire had a net margin of 10.96% and a return on equity of 8.78%. The business had revenue of $762.20 million for the quarter, compared to analyst estimates of $785.54 million. During the same quarter in the previous year, the firm posted $1.34 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. 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 EPS for the current fiscal year.

Spire Dividend Announcement

The firm also recently disclosed 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. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Wednesday, March 11th. Spire’s dividend payout ratio is currently 75.00%.

Key Headlines Impacting Spire

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Q1 adjusted EPS beat expectations — Spire reported $1.77 adjusted EPS vs. consensus ~ $1.53–$1.62, up from $1.34 a year ago, driven by higher gas utility earnings. Spire reports FY26 first quarter results
• Positive Sentiment: Y/Y revenue growth and improved operating results — revenue rose ~13.9% year-over-year and operating income improved in key segments, supporting the EPS beat. Spire reports FY26 first quarter results
• Positive Sentiment: Guidance affirmed and slightly above consensus — Spire reaffirmed FY2026 adjusted EPS guidance of $5.25–$5.45 and set FY2027 at $5.65–$5.85 (around or modestly above some street estimates), removing uncertainty about the company’s near-term targets. Spire reports FY26 first quarter results
• Positive Sentiment: Preferred stock redemption amended — the company moved to redeem its 5.90% Series A preferred shares, which can lower future cash obligations and simplify the capital structure. Spire Inc. Amends Redemption of 5.90% Series A
• Neutral Sentiment: Earnings call / transcripts available — management commentary and the Q&A could reveal execution plans and regulatory or capital details; investors are reviewing the call for forward detail. Spire (SR) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Unrelated filing flagged — a Form 8.3 from Dimensional Fund Advisors references Spire Healthcare Group (a different company), which is noise for SR investors. Dimensional Fund Advisors Ltd. : Form 8.3
• Negative Sentiment: Revenue missed some analyst estimates — reported revenue was $762.2M versus analyst expectations near $785.5M, a shortfall that tempers the positive EPS surprise and likely contributed to mixed market reaction. Spire Q1 results and transcript

Institutional Investors Weigh In On Spire

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in Spire in the 2nd quarter valued at about $38,000. Northwestern Mutual Wealth Management Co. lifted its position in Spire by 1,031.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 611 shares of the utilities provider’s stock worth $45,000 after acquiring an additional 557 shares during the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Spire during the second quarter worth approximately $48,000. Parallel Advisors LLC grew its position in shares of Spire by 24.2% in the third quarter. Parallel Advisors LLC now owns 975 shares of the utilities provider’s stock valued at $80,000 after purchasing an additional 190 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in shares of Spire during the third quarter worth approximately $108,000. Institutional investors own 87.36% of the company’s stock.

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.