Spire Inc. which can be found using ticker (SR) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 75 and 66 calculating the average target price we see $71.88. Given that the stocks previous close was at $67.41 this would indicate that there is a potential upside of 6.6%. The 50 day moving average now sits at $71.02 and the 200 day MA is $70.49. The total market capitalization for the company now stands at $3,511m. Company Website: https://www.spireenergy.com
The potential market cap would be $3,744m based on the market consensus.
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 two segments, Gas Utility and Gas Marketing. It is also involved in the marketing of natural gas. In addition, the company engages in the transportation of propane through its propane pipeline; risk management; and other activities. Further, it provides physical natural gas storage services. 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.
The company has a dividend yield of 4.1% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 15.29, revenue per share of 47.07 and a 2.72% return on assets.
