Investment Analysts’ Recent Ratings Changes for Spire (SR)

A number of research firms have changed their ratings and price targets for Spire (NYSE: SR):

• 5/9/2025 – Spire was upgraded by analysts at LADENBURG THALM/SH SH to a “strong-buy” rating.
• 5/9/2025 – Spire was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 5/1/2025 – Spire was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 5/1/2025 – Spire had its price target raised by analysts at Wells Fargo & Company from $75.00 to $82.00. They now have an “equal weight” rating on the stock.
• 4/3/2025 – Spire was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/1/2025 – Spire had its price target raised by analysts at Guggenheim from $67.00 to $72.00. They now have a “neutral” rating on the stock.
• 3/26/2025 – Spire was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Spire Trading Up 0.9%

SR stock traded up $0.68 during midday trading on Tuesday, hitting $75.13. 547,623 shares of the company’s stock were exchanged, compared to its average volume of 430,859. The stock has a market capitalization of $4.43 billion, a PE ratio of 18.19, a P/E/G ratio of 2.82 and a beta of 0.65. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 1.21. Spire Inc. has a 1-year low of $57.77 and a 1-year high of $79.81. The business has a 50-day simple moving average of $76.04 and a two-hundred day simple moving average of $72.29.

Spire (NYSE:SR) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $3.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.10). Spire had a net margin of 9.70% and a return on equity of 7.88%. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the business earned $3.45 EPS. Spire’s revenue for the quarter was down 6.8% on a year-over-year basis. On average, sell-side analysts predict that Spire Inc. will post 4.5 EPS for the current fiscal year.

Spire Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, April 11th will be paid a $0.785 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.18%. Spire’s dividend payout ratio (DPR) is presently 77.34%.

Institutional Investors Weigh In On Spire

A number of large investors have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new stake in Spire during the fourth quarter worth about $27,000. Lee Danner & Bass Inc. acquired a new position in Spire during the 4th quarter valued at approximately $32,000. R Squared Ltd bought a new stake in Spire during the 4th quarter valued at $37,000. Capital Advisors Ltd. LLC raised its stake in shares of Spire by 431.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 627 shares of the utilities provider’s stock worth $43,000 after buying an additional 509 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of Spire during the first quarter worth $50,000. 87.36% of the stock is owned by institutional investors and hedge funds.

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.