Spire Inc. (NYSE:SR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Spire Inc. (NYSE:SR) have received an average rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $94.30.

A number of brokerages have recently issued reports on SR. Wells Fargo & Company assumed coverage on Spire in a research report on Monday, May 11th. They set an “overweight” rating and a $96.00 target price on the stock. TD Cowen started coverage on shares of Spire in a report on Thursday, April 16th. They issued a “hold” rating and a $101.00 price target for the company. UBS Group cut their price target on shares of Spire from $106.00 to $103.00 and set a “buy” rating for the company in a report 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. Finally, Mizuho initiated coverage on shares of Spire in a report on Tuesday, July 7th. They set an “outperform” rating and a $88.00 price objective on the stock.

Insider Activity

In other news, Director Paul D. Koonce acquired 2,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average cost of $85.81 per share, for a total transaction of $171,620.00. Following the acquisition, the director owned 7,000 shares in the company, valued at approximately $600,670. This represents a 40.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ryan L. Hyman sold 3,822 shares of Spire stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $80.51, for a total value of $307,709.22. Following the completion of the sale, the senior vice president owned 14,295 shares in the company, valued at approximately $1,150,890.45. The trade was a 21.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have purchased 3,000 shares of company stock valued at $251,100. Insiders own 2.26% of the company’s stock.

Hedge Funds Weigh In On Spire

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC acquired a new stake in shares of Spire in the fourth quarter worth approximately $25,000. Optima Capital LLC acquired a new position in Spire in the 4th quarter valued at $25,000. Sound Income Strategies LLC purchased a new position in Spire in the 4th quarter valued at $25,000. MV Capital Management Inc. purchased a new position in Spire in the 4th quarter valued at $33,000. Finally, SHP Wealth Management purchased a new position in Spire in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Spire Stock Performance

Shares of SR stock opened at $81.46 on Friday. The company has a market capitalization of $4.82 billion, a P/E ratio of 14.32, a P/E/G ratio of 1.83 and a beta of 0.52. The business’s 50 day moving average is $81.58 and its two-hundred day moving average is $86.07. The company has a current ratio of 0.55, a quick ratio of 0.48 and a debt-to-equity ratio of 1.69. Spire has a 12-month low of $71.24 and a 12-month high of $95.31.

Spire (NYSE:SR) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.76 EPS for the quarter, beating the consensus estimate of $3.72 by $0.04. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.07 billion. Spire had a return on equity of 9.49% and a net margin of 13.97%.Spire’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $3.60 earnings per share. Analysts expect that Spire will post 4.02 EPS for the current fiscal year.

Spire Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a dividend of $0.825 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 4.1%. Spire’s payout ratio is currently 58.00%.

Spire News Roundup

Here are the key news stories impacting Spire this week:

• Positive Sentiment: Zacks Research raised multiple future earnings estimates for Spire, including FY2027, Q1 2027, Q3 2027, and Q4 2026, signaling improved longer-term profit expectations.
• Neutral Sentiment: The revisions were mixed across different periods, with some later-quarter estimates increased while others were only slightly reduced.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS forecast and trimmed a few other quarters, indicating near-term earnings may be softer than previously expected.

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.