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

Spire Inc. (NYSE:SR) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings estimates for Spire in a research note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of ($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 analysts have also recently commented on the company. UBS Group raised their price target on Spire from $75.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley reduced their target price on Spire from $77.00 to $75.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Wells Fargo & Company upped their price target on shares of Spire from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 21st. Stifel Nicolaus reduced their price objective on shares of Spire from $70.00 to $69.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. Finally, Janney Montgomery Scott began coverage on shares of Spire in a research report on Tuesday, December 17th. They set a “neutral” rating and a $73.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $71.50.

Spire Price Performance

Shares of NYSE:SR opened at $66.30 on Monday. Spire has a 52 week low of $56.36 and a 52 week high of $73.64. The company has a 50-day moving average price of $68.19 and a 200 day moving average price of $66.02. The company has a market cap of $3.83 billion, a P/E ratio of 15.38, a PEG ratio of 3.00 and a beta of 0.57. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 1.24.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Meeder Asset Management Inc. acquired a new position in Spire in the third quarter valued at $25,000. GAMMA Investing LLC grew its holdings in Spire by 87.2% in the 4th quarter. GAMMA Investing LLC now owns 438 shares of the utilities provider’s stock valued at $30,000 after buying an additional 204 shares during the period. Larson Financial Group LLC increased its stake in shares of Spire by 1,318.4% during the 3rd quarter. Larson Financial Group LLC now owns 539 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 501 shares during the last quarter. Missouri Trust & Investment Co lifted its holdings in shares of Spire by 28.6% during the 3rd quarter. Missouri Trust & Investment Co now owns 900 shares of the utilities provider’s stock worth $61,000 after acquiring an additional 200 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of Spire by 38.9% in the third quarter. Blue Trust Inc. now owns 1,057 shares of the utilities provider’s stock worth $71,000 after acquiring an additional 296 shares during the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Insider Buying and Selling

In other news, Director Paul D. Koonce purchased 1,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of $73.61 per share, with a total value of $73,610.00. Following the purchase, the director now directly owns 2,425 shares of the company’s stock, valued at approximately $178,504.25. This trade represents a 70.18 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Treasurer Adam W. Woodard sold 1,150 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $67.47, for a total transaction of $77,590.50. Following the completion of the transaction, the treasurer now directly owns 2,587 shares of the company’s stock, valued at approximately $174,544.89. This represents a 30.77 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.33% of the company’s stock.

Spire Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Wednesday, December 11th were given a $3.14 dividend. The ex-dividend date was Wednesday, December 11th. This is a positive change from Spire’s previous quarterly dividend of $0.76. This represents a $12.56 annualized dividend and a dividend yield of 18.94%. Spire’s dividend payout ratio is currently 72.85%.

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.