Spire
SR
Market cap $3.85B

66.66 USD

+0.41

0.62%

Updated Oct 22, 10:47 AM EDT

1 day

0.62%

5 days

1.06%

1 month

-0.66%

3 months

0.92%

6 months

8.60%

Year to date

4.55%

1 year

17.94%

5 years

-20.85%

About: Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.

Employees: 3,589

Utilities Natural Gas Distribution

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

89% more call options, than puts

Call options by funds: $905K | Put options by funds: $480K

53% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 30

42% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 81

6% more funds holding

Funds holding: 277 [Q1] → 293 (+16) [Q2]

0% more capital invested

Capital invested by funds: $3.01B [Q1] → $3.02B (+$8.73M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

3.12% less ownership

Funds ownership: 89.05% [Q1] → 85.92% (-3.12%) [Q2]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$61

9%

downside

Avg. target

$70

5%

upside

High target

$76

14%

upside

4 analyst ratings

0 positive

0%

3 neutral

75%

1 negative

25%

Ladenburg Thalmann Paul Fremont 92% 1-year accuracy 12 / 13 met price target	9%downside $61	Sell Downgraded	17 Oct 2024
Wells Fargo Sarah Akers 92% 1-year accuracy 12 / 13 met price target	10%upside $73	Equal-Weight Maintained	16 Oct 2024
Morgan Stanley Stephen Byrd 70% 1-year accuracy 31 / 44 met price target	14%upside $76	Equal-Weight Maintained	25 Sept 2024
Stifel Selman Akyol 75% 1-year accuracy 12 / 16 met price target	5%upside $70	Hold Maintained	1 Aug 2024

See Analyst Rankings

Financial journalist opinion

Spire Inc. Fiscal 2024 Year-End Earnings Conference Call on Nov. 20

ST. LOUIS , Oct. 16, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, Nov. 20 to discuss fiscal 2024 fourth quarter and year-end financial results, earnings guidance, and other matters. A news release will be issued before the market opens that day and will be available at Investors.SpireEnergy.com under the News tab.

Spire Inc. Fiscal 2024 Year-End Earnings Conference Call on Nov. 20

Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

Spire: The High-Yield Preferreds Are The Best Play For This Utility

Spire Inc. is a natural gas utility with 1.7 million customers in Missouri, Mississippi and Alabama. The 4.5% dividend yield is attractive and above the utility industry average of 3.9%. Increases have been around 5.0% the last five years, and another raise will come in December. While Spire's fundamentals are stable, warmer winters and rising interest expenses have negatively impacted earnings, with 2024 projections lowered to $4.15-$4.25 per share.

Spire: The High-Yield Preferreds Are The Best Play For This Utility

Zacks Investment Research

Why Is Spire (SR) Down 1.2% Since Last Earnings Report?

Spire (SR) reported earnings 30 days ago. What's next for the stock?

Why Is Spire (SR) Down 1.2% Since Last Earnings Report?

Zacks Investment Research

Spire (SR) Q3 Loss Narrower Than Expected Loss, Sales Lag

Spire's (SR) fiscal third-quarter loss is narrower than expected. Spire has lowered its fiscal earnings guidance due to the adverse impact of warm winter, higher interest expense and bad debt expense.

Spire (SR) Q3 Loss Narrower Than Expected Loss, Sales Lag

Spire Inc. (SR) Q3 2024 Earnings Call Transcript

Spire Inc. (NYSE:SR ) Q3 2024 Earnings Call Transcript July 31, 2024 9:00 AM ET Company Participants Megan McPhail - MD of IR Steve Lindsey - President and CEO Scott Doyle - EVP and COO Steve Rasche - EVP and CFO Adam Woodard - VP and Treasurer Conference Call Participants Richard Sunderland - JPMorgan David Arcaro - Morgan Stanley Gabe Moreen - Mizuho Selman Akyol - Stifel Paul Fremont - Ladenburg Operator Good morning, and welcome to Spire's Fiscal 2024 Third Quarter Earnings Conference Call. Today, all participants will be in a listen-only mode.

Spire Inc. (SR) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Spire (SR) Q3 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Spire (SR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Spire (SR) Q3 Earnings: A Look at Key Metrics

Zacks Investment Research

Spire (SR) Reports Q3 Loss, Misses Revenue Estimates

Spire (SR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.42 per share a year ago.

Spire (SR) Reports Q3 Loss, Misses Revenue Estimates

Spire Reports FY24 Third Quarter Results

ST. LOUIS , July 31, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal 2024 third quarter ended June 30. Highlights include: Net loss of $12.6 million, or ($0.28) per diluted share, compared to a net loss of $21.6 million, or ($0.48) per share a year ago On a net economic earnings* (NEE) basis, a loss of $4.3 million, or ($0.14) per share, compared to a loss of $18.6 million, or ($0.42) per share a year ago Fiscal 2024 net economic earnings guidance range lowered to $4.15–$4.25 per share from $4.25–$4.45 For fiscal 2024 third quarter, Spire reported a consolidated net economic loss per share of $0.14, $0.28 better than last year, reflecting improved results across all segments.

Spire Reports FY24 Third Quarter Results

Spire declares dividend

ST. LOUIS , July 25, 2024 /PRNewswire/ -- The Spire Inc. (NYSE: SR) board of directors declared a quarterly common stock dividend of $0.755 per share, payable October 2, 2024, to shareholders of record on September 11, 2024. Spire has continuously paid a cash dividend since 1946, with 2024 marking the company's 21st consecutive year of increasing its common stock dividend on an annualized basis.

Spire declares dividend

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