Spire
About: Spire Inc is a public utility holding company with three reportable business segments: Gas Utility, Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation ('Alagasco') changed its name to Spire Alabama Inc. effective September 1, 2017, and Laclede Gas Company changed its name to Spire Missouri Inc. effective August 30, 2017. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas. Maximum revenue from residential area.
Employees: 3,475
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,403% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $73K
32% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 37
11% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 98
9% more capital invested
Capital invested by funds: $3.06B [Q2] → $3.35B (+$288M) [Q3]
4% more funds holding
Funds holding: 293 [Q2] → 305 (+12) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.0% less ownership
Funds ownership: 87.18% [Q2] → 86.18% (-1.0%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Mizuho Gabriel Moreen 95% 1-year accuracy 35 / 37 met price target | 14%upside $76 | Outperform Upgraded | 20 Dec 2024 |
Janney Montgomery Scott Michael Gaugler 100% 1-year accuracy 2 / 2 met price target | 9%upside $73 | Neutral Initiated | 17 Dec 2024 |
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target | 12%upside $75 | Equal-Weight Maintained | 22 Nov 2024 |
Stifel Selman Akyol 70% 1-year accuracy 19 / 27 met price target | 3%upside $69 | Hold Maintained | 22 Nov 2024 |
UBS William Appicelli 56% 1-year accuracy 5 / 9 met price target | 20%upside $80 | Buy Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 5 articles about SR published over the past 30 days