Zacks Research Issues Positive Forecast for Spire Earnings

Spire Inc. (NYSE:SR) – Research analysts at Zacks Research raised their Q2 2026 earnings per share estimates for Spire in a report released on Tuesday, February 24th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $3.78 per share for the quarter, up from their prior forecast of $3.69. The consensus estimate for Spire’s current full-year earnings is $4.50 per share. Zacks Research also issued estimates for Spire’s Q3 2026 earnings at $0.15 EPS, FY2026 earnings at $5.29 EPS, Q1 2027 earnings at $1.76 EPS, Q2 2027 earnings at $3.92 EPS, Q3 2027 earnings at $0.17 EPS and Q1 2028 earnings at $1.73 EPS.

Spire (NYSE:SR) last released its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.15. The business had revenue of $762.20 million during the quarter, compared to analysts’ expectations of $785.54 million. Spire had a return on equity of 9.43% and a net margin of 10.95%.The company’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.34 EPS. Spire has set its FY 2027 guidance at 5.650-5.850 EPS and its FY 2026 guidance at 5.250-5.450 EPS.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Bank of America upgraded Spire from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $76.00 to $89.00 in a research note on Wednesday, October 29th. UBS Group raised their price target on Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price objective on shares of Spire in a report on Friday, February 20th. Finally, Stifel Nicolaus increased their target price on Spire from $81.00 to $87.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Spire presently has a consensus rating of “Moderate Buy” and an average target price of $90.70.

Spire Trading Up 0.3%

Shares of SR stock opened at $90.84 on Thursday. Spire has a 1-year low of $69.94 and a 1-year high of $92.53. The firm has a market cap of $5.37 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The company has a 50-day moving average of $85.08 and a two-hundred day moving average of $83.16. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.61 and a quick ratio of 0.45.

Spire Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.825 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 3.6%. Spire’s dividend payout ratio is currently 71.74%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SR. Los Angeles Capital Management LLC acquired a new position in Spire during the 4th quarter worth $25,000. Sound Income Strategies LLC purchased a new position in shares of Spire in the 4th quarter valued at about $25,000. Optima Capital LLC acquired a new position in shares of Spire during the fourth quarter worth about $25,000. Community Bank N.A. purchased a new stake in shares of Spire during the third quarter worth approximately $25,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Spire by 186.8% during the third quarter. Smartleaf Asset Management LLC now owns 370 shares of the utilities provider’s stock worth $30,000 after buying an additional 241 shares during the period. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

Spire Company Profile

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.