Spire (NYSE:SR) Issues FY 2027 Earnings Guidance

Spire (NYSE:SR) updated its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 5.650-5.850 for the period, compared to the consensus earnings per share estimate of 5.490. The company issued revenue guidance of -. Spire also updated its FY 2026 guidance to 5.250-5.450 EPS.

Analyst Ratings Changes

Several brokerages have commented on SR. Weiss Ratings reissued a “buy (b-)” rating on shares of Spire in a research report on Wednesday, October 8th. Morgan Stanley set a $91.00 target price on Spire and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Bank of America raised Spire from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $76.00 to $89.00 in a research note on Wednesday, October 29th. BTIG Research upgraded Spire to a “strong-buy” rating in a report on Wednesday, October 22nd. Finally, Mizuho lifted their price objective on Spire from $83.00 to $93.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $86.08.

Spire Stock Performance

Shares of SR stock opened at $89.13 on Friday. The company has a market cap of $5.26 billion, a P/E ratio of 19.25, a PEG ratio of 2.50 and a beta of 0.72. The firm has a fifty day moving average price of $83.01 and a 200 day moving average price of $77.69. The company has a current ratio of 0.37, a quick ratio of 0.27 and a debt-to-equity ratio of 1.08. Spire has a 12 month low of $64.44 and a 12 month high of $91.11.

Spire (NYSE:SR) last announced its quarterly earnings results on Friday, November 14th. The utilities provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.03). Spire had a return on equity of 8.66% and a net margin of 11.56%.The business had revenue of $334.10 million for the quarter, compared to analysts’ expectations of $439.56 million. Spire has set its FY 2027 guidance at 5.650-5.850 EPS. FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts predict that Spire will post 4.5 earnings per share for the current fiscal year.

Spire Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Thursday, December 11th will be issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 3.7%. This is a positive change from Spire’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend is Thursday, December 11th. Spire’s dividend payout ratio is currently 67.82%.

Institutional Trading of Spire

Several institutional investors have recently modified their holdings of SR. Headlands Technologies LLC acquired a new position in shares of Spire in the 2nd quarter valued at $38,000. Northwestern Mutual Wealth Management Co. lifted its position in Spire by 1,031.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 611 shares of the utilities provider’s stock valued at $45,000 after acquiring an additional 557 shares during the last quarter. Daiwa Securities Group Inc. purchased a new stake in Spire in the second quarter valued at $48,000. Parallel Advisors LLC boosted its stake in 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 acquiring an additional 190 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Spire by 66.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the utilities provider’s stock worth $124,000 after purchasing an additional 681 shares during the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Spire Company Profile

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.