Analysts Issue Forecasts for Spire’s Q2 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Analysts at Zacks Research raised their Q2 2026 earnings estimates for Spire in a research report issued on Tuesday, February 24th. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $3.78 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 posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.15. The business had revenue of $762.20 million during the quarter, compared to the consensus estimate of $785.54 million. Spire had a net margin of 10.95% and a return on equity of 9.43%. Spire’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $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.

SR has been the subject of several other research reports. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective on shares of Spire in a research report on Friday, February 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $99.00 price target on shares of Spire in a research report on Wednesday, January 21st. UBS Group upped their price target on Spire from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Mizuho increased their price objective on Spire from $93.00 to $96.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Finally, Weiss Ratings raised shares of Spire from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $90.70.

Spire Stock Up 0.8%

SR stock opened at $91.57 on Thursday. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The company has a 50-day moving average of $85.40 and a two-hundred day moving average of $83.32. Spire has a 52-week low of $69.94 and a 52-week high of $92.95. 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, March 11th will be given a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, March 11th. Spire’s dividend payout ratio is 71.74%.

Institutional Investors Weigh In On Spire

A number of institutional investors have recently added to or reduced their stakes in the stock. MV Capital Management Inc. acquired a new position in shares of Spire in the 4th quarter worth approximately $33,000. Corient Private Wealth LLC boosted its stake in Spire by 7.1% in the 4th quarter. Corient Private Wealth LLC now owns 2,855 shares of the utilities provider’s stock valued at $236,000 after buying an additional 189 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Spire by 4.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,077 shares of the utilities provider’s stock valued at $585,000 after acquiring an additional 320 shares during the period. EP Wealth Advisors LLC acquired a new position in Spire during the fourth quarter worth $551,000. Finally, Mackenzie Financial Corp lifted its holdings in shares of Spire by 224.2% during the fourth quarter. Mackenzie Financial Corp now owns 11,903 shares of the utilities provider’s stock valued at $987,000 after acquiring an additional 8,231 shares during the period. 87.36% of the stock is owned by institutional investors and hedge funds.

Key Spire News

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks raised FY2026, FY2027 and FY2028 earnings estimates and upgraded several mid‑year quarters (examples: FY2026 to $5.29 from $5.25; FY2027 to $5.66 from $5.60; FY2028 to $6.05). Those upward revisions suggest stronger longer‑term fundamentals and support the stock. MarketBeat: SR
• Positive Sentiment: Zacks also lifted Q2 estimates (Q2 2026 to $3.78; Q2 2027 to $3.92) and bumped Q1 2027, signaling better performance in peak seasonal quarters. MarketBeat: SR
• Neutral Sentiment: Filings from Dimensional Fund Advisors (Form 8.3) reference Spire Healthcare Group PLC (a UK company) — these disclosures are not related to Spire Inc. (NYSE: SR) but appeared among the same news feed. GlobeNewsWire: Dimensional Form 8.3
• Negative Sentiment: Zacks pared several near‑term quarterly estimates (notably Q3/Q4 2026 and Q3/Q4 2027 and Q1 2028) — examples include Q4 2026 cut to ($0.41) from ($0.17) and Q4 2027 to ($0.19) from ($0.04). Those downgrades point to weaker short‑term seasonality or timing effects that could pressure short‑term earnings and sentiment. MarketBeat: SR

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.