Stock of the Day

December 13, 2021

Spire (SR)

$81.46
-$0.49 (-0.6%)
Market Cap: $4.84B

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 getting a modest boost from a wave of analyst estimate revisions at Zacks Research, which was broadly positive for the stock. Several forward earnings forecasts were nudged higher, including FY2027 EPS to $5.52 from $5.47, Q1 2027 to $1.65 from $1.57, Q3 2027 to $0.13 from $0.10, Q4 2026 to a smaller loss of $(1.06) from $(1.13), and Q2 2028 to $3.89 from $3.77. These upward revisions suggest improving long-term earnings expectations for the utility.

There was also one negative update: Zacks cut its Q3 2026 EPS estimate to $(0.20) from $(0.13), and trimmed Q2 2027 EPS to $4.16 from $4.29 and Q3 2028 EPS to $0.36 from $0.42. However, the overall tone of the research notes was still constructive, since more estimates were raised than lowered.

  • Zacks Research raised multiple future earnings estimates for Spire, including FY2027, Q1 2027, Q3 2027, and Q4 2026, signaling improved longer-term profit expectations.
  • The revisions were mixed across different periods, with some later-quarter estimates increased while others were only slightly reduced.
  • Zacks lowered its Q3 2026 EPS forecast and trimmed a few other quarters, indicating near-term earnings may be softer than previously expected.

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