Spire (NYSE:SR) Releases FY 2025 Earnings Guidance

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SR shares. Mizuho lifted their price objective on shares of Spire from $62.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday. Stifel Nicolaus lifted their target price on Spire from $64.00 to $70.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Company boosted their price target on Spire from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday. Morgan Stanley raised their target price on Spire from $70.00 to $76.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Finally, LADENBURG THALM/SH SH downgraded Spire from a “neutral” rating to a “sell” rating and lowered their price target for the company from $65.50 to $60.50 in a report on Thursday, October 17th. Two research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $66.81.

Spire Price Performance

NYSE:SR opened at $68.39 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.48 and a quick ratio of 0.35. The stock has a market cap of $3.95 billion, a P/E ratio of 16.44, a PEG ratio of 3.00 and a beta of 0.52. The company has a fifty day moving average price of $65.63 and a 200 day moving average price of $63.71. Spire has a one year low of $56.36 and a one year high of $68.44.

Spire Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Wednesday, December 11th will be given a $3.14 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $12.56 dividend on an annualized basis and a dividend yield of 18.37%. This is an increase from Spire’s previous quarterly dividend of $0.76. Spire’s dividend payout ratio (DPR) is currently 72.60%.

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.