Spire Inc. with ticker code (SR) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 75 and 66 with the average target price sitting at $72.50. Given that the stocks previous close was at $67.89 this is indicating there is a potential upside of 6.8%. Also worth taking note is the 50 day moving average now sits at $71.24 and the 200 day moving average is $70.81. The market cap for the company is $3,660m. You can visit the company’s website by visiting: https://www.spireenergy.com
The potential market cap would be $3,908m 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 4.28% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 15.01, revenue per share of 47.07 and a 2.72% return on assets.
