Zacks Research Has Pessimistic Outlook of Spire Q1 Earnings

Spire Inc. (NYSE:SR) – Stock analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Spire in a research note issued to investors on Monday, October 21st. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $1.37 per share for the quarter, down from their prior estimate of $1.38. The consensus estimate for Spire’s current full-year earnings is $4.23 per share. Zacks Research also issued estimates for Spire’s Q2 2025 earnings at $3.63 EPS.

Spire (NYSE:SR) last announced its quarterly earnings results on Wednesday, July 31st. The utilities provider reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.04. Spire had a net margin of 9.40% and a return on equity of 8.10%. The company had revenue of $414.10 million for the quarter, compared to analyst estimates of $313.86 million. During the same period in the prior year, the firm posted ($0.42) earnings per share. The firm’s revenue was down 1.1% on a year-over-year basis.

A number of other research analysts also recently issued reports on SR. Morgan Stanley raised their price target on Spire from $70.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Stifel Nicolaus lifted their target price on shares of Spire from $64.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, August 1st. LADENBURG THALM/SH SH downgraded shares of Spire from a “neutral” rating to a “sell” rating and reduced their price target for the company from $65.50 to $60.50 in a research report on Thursday, October 17th. Finally, Wells Fargo & Company raised their price objective on shares of Spire from $72.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $66.19.

Spire Stock Down 0.8 %

SR opened at $65.85 on Wednesday. Spire has a one year low of $54.15 and a one year high of $68.02. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.35 and a current ratio of 0.48. The stock has a market capitalization of $3.80 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 2.84 and a beta of 0.52. The business’s 50-day simple moving average is $65.69 and its 200-day simple moving average is $63.03.

Institutional Trading of Spire

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in Spire in the second quarter valued at about $31,000. LRI Investments LLC acquired a new stake in shares of Spire in the 1st quarter worth approximately $35,000. Fidelis Capital Partners LLC acquired a new stake in shares of Spire in the 1st quarter worth approximately $37,000. EntryPoint Capital LLC purchased a new position in Spire in the 1st quarter valued at approximately $47,000. Finally, Blue Trust Inc. raised its holdings in Spire by 26.8% during the second quarter. Blue Trust Inc. now owns 761 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 161 shares during the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Insider Buying and Selling at Spire

In other news, Director Maria V. Fogarty sold 6,590 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $65.15, for a total value of $429,338.50. Following the completion of the sale, the director now owns 9,800 shares in the company, valued at approximately $638,470. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Maria V. Fogarty sold 6,590 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $65.15, for a total transaction of $429,338.50. Following the completion of the transaction, the director now directly owns 9,800 shares of the company’s stock, valued at approximately $638,470. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Gerard J. Gorla sold 500 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $64.82, for a total value of $32,410.00. Following the transaction, the vice president now directly owns 7,311 shares in the company, valued at $473,899.02. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.86% of the stock is currently owned by corporate insiders.

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.