SR stock icon

Spire
SR

$64.53
3.35%

Market Cap: 3.73B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

72% more call options, than puts

Call options by funds: $908K | Put options by funds: $528K

1% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 95

1% less capital invested

Capital invested by funds: $3.02B [Q4 2023] → $2.98B (-$36.9M) [Q1 2024]

2% less funds holding

Funds holding: 281 [Q4 2023] → 275 (-6) [Q1 2024]

2.63% less ownership

Funds ownership: 90.93% [Q4 2023] → 88.31% (-2.63%) [Q1 2024]

14% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 43

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$58
11%
downside
Avg. target
$64
1%
downside
High target
$68
5%
upside

8 analyst ratings

positive
25%
neutral
75%
negative
0%
Morgan Stanley
Stephen Byrd
1%downside
$64
Equal-Weight
Maintained
24 Jun 2024
Morgan Stanley
Stephen Byrd
4%upside
$67
Equal-Weight
Maintained
28 May 2024
Wells Fargo
Sarah Akers
2%upside
$66
Equal-Weight
Maintained
2 May 2024
Mizuho
Gabriel Moreen
4%downside
$62
Neutral
Downgraded
2 May 2024
Ladenburg Thalmann
Paul Fremont
11%downside
$57.5
Neutral
Initiated
26 Apr 2024

Financial journalist opinion