Research Analysts Set Expectations for Spire Inc.’s Q1 2025 Earnings (NYSE:SR)

Spire Inc. (NYSE:SR) – Investment analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for Spire in a research report issued to clients and investors on Wednesday, May 22nd. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.41 for the quarter, down from their prior forecast of $1.42. The consensus estimate for Spire’s current full-year earnings is $4.34 per share. Zacks Research also issued estimates for Spire’s Q2 2026 earnings at $3.77 EPS and FY2026 earnings at $4.84 EPS.

SR has been the subject of a number of other reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $65.00 price objective on shares of Spire in a research report on Tuesday, April 16th. StockNews.com upgraded shares of Spire from a “sell” rating to a “hold” rating in a report on Friday, May 3rd. Wells Fargo & Company increased their price objective on shares of Spire from $64.00 to $66.00 and gave the company an “equal weight” rating in a report on Thursday, May 2nd. UBS Group initiated coverage on shares of Spire in a report on Friday, April 12th. They set a “buy” rating and a $68.00 target price for the company. Finally, LADENBURG THALM/SH SH initiated coverage on shares of Spire in a report on Friday, April 26th. They set a “neutral” rating and a $57.50 target price for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $61.72.

Spire Trading Down 0.9 %

Shares of Spire stock opened at $59.69 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.61 and a quick ratio of 0.48. Spire has a 1 year low of $53.77 and a 1 year high of $68.04. The company has a market capitalization of $3.45 billion, a P/E ratio of 15.07, a P/E/G ratio of 2.86 and a beta of 0.50. The business has a 50 day moving average price of $60.73 and a 200 day moving average price of $60.61.

Spire (NYSE:SR) last released its quarterly earnings results on Wednesday, May 1st. The utilities provider reported $3.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.86 by ($0.41). Spire had a return on equity of 7.88% and a net margin of 9.05%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the business earned $3.70 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year.

Spire Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 11th will be paid a dividend of $0.755 per share. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $3.02 annualized dividend and a yield of 5.06%. Spire’s payout ratio is 76.26%.

Insider Activity at Spire

In other news, Treasurer Adam W. Woodard sold 1,229 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $59.58, for a total value of $73,223.82. Following the completion of the transaction, the treasurer now directly owns 1,560 shares of the company’s stock, valued at approximately $92,944.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.86% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Fuller & Thaler Asset Management Inc. grew its stake in Spire by 126.0% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,501,638 shares of the utilities provider’s stock worth $198,123,000 after purchasing an additional 1,951,969 shares during the period. Norges Bank bought a new stake in shares of Spire in the fourth quarter valued at $24,541,000. Victory Capital Management Inc. raised its stake in shares of Spire by 125.6% in the fourth quarter. Victory Capital Management Inc. now owns 627,548 shares of the utilities provider’s stock valued at $39,121,000 after buying an additional 349,393 shares during the period. Wellington Management Group LLP raised its stake in shares of Spire by 275.4% in the third quarter. Wellington Management Group LLP now owns 313,212 shares of the utilities provider’s stock valued at $17,722,000 after buying an additional 229,771 shares during the period. Finally, Thompson Siegel & Walmsley LLC purchased a new position in shares of Spire in the third quarter valued at $11,898,000. 87.36% of the stock is owned by institutional investors and hedge funds.

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.