Spire (NYSE:SR) Issues FY 2027 Earnings Guidance

Spire (NYSE:SR) updated its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 5.650-5.850 for the period, compared to the consensus earnings per share estimate of 5.490. The company issued revenue guidance of -. Spire also updated its FY 2026 guidance to 5.250-5.450 EPS.

Wall Street Analysts Forecast Growth

SR has been the subject of several research reports. BTIG Research upgraded shares of Spire to a “strong-buy” rating in a research report on Wednesday, October 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Spire in a research note on Wednesday, October 8th. Bank of America raised shares of Spire from an “underperform” rating to a “neutral” rating and upped their target price for the company from $76.00 to $89.00 in a report on Wednesday, October 29th. UBS Group raised their price target on Spire from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Mizuho upped their price objective on Spire from $83.00 to $93.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Spire has a consensus rating of “Moderate Buy” and an average price target of $86.08.

Spire Stock Down 1.6%

Shares of NYSE:SR opened at $89.13 on Friday. Spire has a fifty-two week low of $64.44 and a fifty-two week high of $91.11. The company has a quick ratio of 0.27, a current ratio of 0.37 and a debt-to-equity ratio of 1.08. The firm’s 50-day simple moving average is $83.01 and its 200-day simple moving average is $77.69. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 2.50 and a beta of 0.72.

Spire (NYSE:SR) last announced its quarterly earnings data on Friday, November 14th. The utilities provider reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.03). Spire had a net margin of 11.56% and a return on equity of 8.66%. The firm had revenue of $334.10 million during the quarter, compared to analyst estimates of $439.56 million. Spire has set its FY 2027 guidance at 5.650-5.850 EPS. FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts predict that Spire will post 4.5 earnings per share for the current year.

Spire Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Thursday, December 11th will be issued a dividend of $0.825 per share. This is a boost from Spire’s previous quarterly dividend of $0.79. This represents a $3.30 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, December 11th. Spire’s dividend payout ratio is currently 67.82%.

Institutional Investors Weigh In On Spire

Institutional investors have recently made changes to their positions in the stock. Adage Capital Partners GP L.L.C. boosted its holdings in Spire by 158.1% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,000,000 shares of the utilities provider’s stock worth $72,990,000 after acquiring an additional 612,500 shares during the period. Invesco Ltd. lifted its stake in Spire by 44.4% during the third quarter. Invesco Ltd. now owns 846,263 shares of the utilities provider’s stock worth $68,987,000 after purchasing an additional 260,344 shares during the last quarter. UBS Group AG boosted its holdings in shares of Spire by 53.0% in the 3rd quarter. UBS Group AG now owns 497,657 shares of the utilities provider’s stock valued at $40,569,000 after buying an additional 172,493 shares during the period. Jane Street Group LLC acquired a new position in Spire in the first quarter valued at approximately $9,636,000. Finally, AQR Capital Management LLC grew its stake in Spire by 35.4% during the 2nd quarter. AQR Capital Management LLC now owns 317,998 shares of the utilities provider’s stock worth $23,211,000 after buying an additional 83,067 shares during the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

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.