Spire (NYSE:SR – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.900-4.100 for the period, compared to the consensus earnings per share estimate of 4.020. The company issued revenue guidance of -.
Spire Trading Up 0.6%
Shares of SR traded up $0.52 during trading on Friday, reaching $81.36. 194,835 shares of the company traded hands, compared to its average volume of 448,615. The stock has a 50-day simple moving average of $80.21 and a 200-day simple moving average of $85.97. The stock has a market cap of $4.81 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of 1.80 and a beta of 0.52. Spire has a twelve month low of $73.91 and a twelve month high of $95.31. The company has a quick ratio of 0.48, a current ratio of 0.37 and a debt-to-equity ratio of 1.61.
Spire (NYSE:SR – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The utilities provider reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.06. The firm had revenue of $420.20 million during the quarter, compared to analysts’ expectations of $394.62 million. Spire had a net margin of 21.48% and a return on equity of 8.65%. The firm’s quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter last year, the company posted $0.01 EPS. Spire has set its FY 2026 guidance at 3.900-4.100 EPS. On average, analysts anticipate that Spire will post 4.01 earnings per share for the current year.
Spire Dividend Announcement
Analysts Set New Price Targets
A number of brokerages recently commented on SR. Wells Fargo & Company assumed coverage on Spire in a report on Monday, May 11th. They set an “overweight” rating and a $96.00 target price for the company. UBS Group cut their target price on shares of Spire from $106.00 to $103.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wall Street Zen cut shares of Spire from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Morgan Stanley restated an “overweight” rating on shares of Spire in a research note on Wednesday, July 22nd. Finally, BTIG Research set a $101.00 price objective on Spire in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Spire presently has a consensus rating of “Moderate Buy” and an average target price of $94.50.
View Our Latest Research Report on SR
Insider Buying and Selling
In related news, SVP Ryan L. Hyman sold 3,822 shares of Spire stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $80.51, for a total transaction of $307,709.22. Following the completion of the transaction, the senior vice president directly owned 14,295 shares of the company’s stock, valued at approximately $1,150,890.45. The trade was a 21.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Paul D. Koonce bought 500 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $78.46 per share, for a total transaction of $39,230.00. Following the completion of the transaction, the director owned 8,000 shares of the company’s stock, valued at $627,680. This represents a 6.67% increase in their position. The SEC filing for this purchase provides additional information. 2.26% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Spire
Several hedge funds have recently added to or reduced their stakes in SR. Franklin Resources Inc. raised its position in Spire by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 40,489 shares of the utilities provider’s stock worth $3,348,000 after acquiring an additional 122 shares in the last quarter. Inspire Investing LLC boosted its position in shares of Spire by 2.6% during the 4th quarter. Inspire Investing LLC now owns 5,734 shares of the utilities provider’s stock valued at $474,000 after purchasing an additional 144 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Spire by 40.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 519 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 149 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Spire by 16.5% in the 4th quarter. Parallel Advisors LLC now owns 1,136 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 161 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Spire by 2.4% in the 3rd quarter. Private Advisor Group LLC now owns 7,402 shares of the utilities provider’s stock worth $603,000 after purchasing an additional 176 shares during the last quarter. 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.
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