Spire Inc. (SR)

Utilities · NYQ

$76.09-0.89% today

Price as at 1 Oct 2026, 01:51 UTC. Quotes are delayed.

Fundamentals

P/E ratio16.9
Dividend yield4.00%
Revenue growth (YoY)+4.5%
Profit margin13.8%
Return on equity9.1%
52-week range$75.71 to $95.31

Valuation and ratings

Fair value estimate$183.22
Upside to fair value+140.8%
Analyst target (mean)$96.10
Analyst range$85.00 to $105.00
Analysts with price targets10
Consensus viewbuy
Moat score35/100
Overall rating69/100, good quality

Fair value: $183.22 (+140.8%), see how we got there

Spire Inc. trades at $76.09, which is 141% below the $183.22 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 35 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 16.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

SR dividend history

Dividend yield4.00%
Paid, trailing 12 months$3.30 per share
Most recent payment$0.825, ex 11 Sept 2026
5-year growth (p.a.)+4.8%
Consecutive years of growth22
Consecutive years paid40

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$2.473
2025$3.184
2024$3.054
2023$2.924
2022$2.784
2021$2.644
2020$2.524
2019$2.404
2018$2.284
2017$2.144
2016$2.004

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

SR earnings and analyst estimates

EPS estimate, next year$5.52
Expected EPS growth+37.4%
Expected revenue growth+13.5%

Recommendation mix, 11 published ratings

7 buy4 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Spire Inc.

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. Spire Inc. 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.

Industry: Utilities - Regulated GasEmployees: 3,497HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

SR passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

10 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in SR

Trades in SR disclosed by members of Congress and executive-branch officials, latest first:

  • Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 12 Jul 2023 · disclosed 13 Aug 2023
  • Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 10 Apr 2023 · disclosed 19 May 2023
  • Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 6 Mar 2023 · disclosed 17 Apr 2023
  • Daniel Goldman · HouseBuy · $1,001 - $15,000 · traded 1 Mar 2023 · disclosed 17 Apr 2023
  • Daniel Goldman · HouseBuy · $1,001 - $15,000 · traded 31 Jan 2023 · disclosed 24 Feb 2023

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

SR peers

The largest companies in the same industry (Utilities - Regulated Gas), then in the same sector.

Every utilities company we cover is on the Utilities hub.

Common questions

Is Spire Inc. (SR) undervalued?

Against our fair value estimate of $183.22, SR at $76.09 is 141% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own SR?

10 of the institutions we track reported a position in SR in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is SR's P/E ratio?

SR trades at 16.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Spire Inc. (SR) pay a dividend?

Yes. Spire Inc. yields 4.00% at the current share price. It has paid $3.30 per share over the trailing twelve months. It has paid a dividend in each of the last 40 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its SR data?

Fundamentals for SR come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:51 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for SR, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.