Stock of the Day

December 13, 2021

Spire (SR)

$82.22
+$1.47 (+1.8%)
Market Cap: $4.77B

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. In addition, the company engages in the operation of propane through its propane pipeline, risk management, and other activities. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.

Today's Trend

Spire Inc. (NYSE: SR) is facing a modestly negative analyst-estimate update. Zacks Research made several small downward revisions to earnings forecasts, potentially weighing on investor sentiment. The stock remains near its 12-month low and below both its 50-day and 200-day moving averages, indicating continued technical pressure.

  • Zacks raised its Q2 2027 EPS estimate to $4.11 from $4.07, suggesting slightly improved expectations for that quarter.
  • Zacks maintained forecasts of $5.48 EPS for FY2027 and $6.08 EPS for FY2028 after the revisions. The current full-year consensus remains $4.01 per share, broadly consistent with Spire’s FY2026 guidance of $3.90-$4.10.
  • Zacks reduced its Q4 2026 EPS estimate to a loss of $1.01 from $0.98, cut Q4 2027 to a loss of $0.56 from $0.53, lowered FY2027 to $5.48 from $5.49, and reduced FY2028 to $6.08 from $6.11. It also trimmed Q1 2027 EPS to $1.83 from $1.85 and Q2 2028 EPS to $4.25 from $4.26. Although the changes are small, the predominantly negative revisions signal slightly weaker expected earnings momentum.

Overall, the revisions provide a mild bearish catalyst for SR, particularly because most changes lowered estimates and the company’s shares are already trading below key moving averages. However, the limited size of the adjustments and Spire’s maintained longer-term earnings outlook may help contain the downside.

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