Spire (NYSE:SR) Releases FY 2025 Earnings Guidance

Spire (NYSE:SR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.400-4.600 for the period, compared to the consensus estimate of 4.560. The company issued revenue guidance of -. Spire also updated its FY25 guidance to $4.40-$4.60 EPS.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Stifel Nicolaus lifted their price target on shares of Spire from $64.00 to $70.00 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Company upped their target price on Spire from $72.00 to $73.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 16th. LADENBURG THALM/SH SH lowered Spire from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $65.50 to $60.50 in a research note on Thursday, October 17th. Mizuho upped their price objective on Spire from $62.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Morgan Stanley lifted their target price on Spire from $70.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Spire has a consensus rating of “Hold” and a consensus target price of $66.56.

Spire Trading Down 0.4 %

Shares of NYSE SR opened at $67.93 on Wednesday. Spire has a twelve month low of $56.36 and a twelve month high of $68.35. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 1.11. The business has a fifty day simple moving average of $65.54 and a two-hundred day simple moving average of $63.63. The firm has a market cap of $3.92 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 2.96 and a beta of 0.52.

Spire Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Wednesday, December 11th will be paid a $3.14 dividend. The ex-dividend date is Wednesday, December 11th. This is a positive change from Spire’s previous quarterly dividend of $0.76. This represents a $12.56 dividend on an annualized basis and a yield of 18.49%. Spire’s dividend payout ratio is 72.60%.

Insiders Place Their Bets

In other Spire news, 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 transaction of $32,410.00. Following the completion of the sale, the vice president now owns 7,311 shares in the company, valued at $473,899.02. This represents a 6.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.86% of the stock is owned by company insiders.

About Spire

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.