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Spire Inc (SR)



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Upturn Advisory Summary
04/01/2025: SR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -7.75% | Avg. Invested days 38 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.59B USD | Price to earnings Ratio 19.64 | 1Y Target Price 77.4 |
Price to earnings Ratio 19.64 | 1Y Target Price 77.4 | ||
Volume (30-day avg) 465747 | Beta 0.55 | 52 Weeks Range 54.71 - 79.11 | Updated Date 04/1/2025 |
52 Weeks Range 54.71 - 79.11 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 3.99% | Basic EPS (TTM) 4.01 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.86% | Operating Margin (TTM) 22.82% |
Management Effectiveness
Return on Assets (TTM) 2.9% | Return on Equity (TTM) 7.77% |
Valuation
Trailing PE 19.64 | Forward PE 17.48 | Enterprise Value 9723434821 | Price to Sales(TTM) 1.83 |
Enterprise Value 9723434821 | Price to Sales(TTM) 1.83 | ||
Enterprise Value to Revenue 3.88 | Enterprise Value to EBITDA 12.35 | Shares Outstanding 58345800 | Shares Floating 56919867 |
Shares Outstanding 58345800 | Shares Floating 56919867 | ||
Percent Insiders 2.34 | Percent Institutions 90.34 |
Analyst Ratings
Rating 3.18 | Target Price 71.41 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 8 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Spire Inc

Company Overview
History and Background
Spire Inc., formerly The Laclede Group, was founded in 1857 as The Laclede Gas Light Company in St. Louis, Missouri. It has evolved from a local gas utility to a diversified energy company through organic growth and acquisitions, expanding its presence beyond Missouri and Illinois.
Core Business Areas
- Gas Utility: This segment distributes natural gas to residential, commercial, and industrial customers in Missouri and Illinois. It accounts for the largest portion of Spire's revenue.
- Gas Marketing: This segment markets natural gas to commercial and industrial customers in various states.
- Midstream: This segment owns and operates natural gas pipelines and storage facilities.
Leadership and Structure
Spire Inc. is led by Suzanne Sitherwood (CEO). The organizational structure includes various departments such as operations, finance, marketing, and legal, reporting to the CEO and the board of directors.
Top Products and Market Share
Key Offerings
- Natural Gas Distribution: This is the core service, providing natural gas to over 1.7 million customers. Market share varies by region, but Spire is a dominant player in its service territories. Competitors include other regional gas utilities like Ameren and Atmos Energy. Specific market share data not readily available without subscription resources or deep financial analysis.
- Gas Marketing Services: Spire provides gas marketing services to commercial and industrial customers, competing with companies like Constellation and Direct Energy. Market share data is fragmented across various regions.
Market Dynamics
Industry Overview
The natural gas distribution industry is characterized by high infrastructure costs, regulation, and stable demand. There's a focus on infrastructure modernization and environmental sustainability.
Positioning
Spire is a well-established player with a strong presence in its core markets. Its competitive advantages include a large customer base, regulatory expertise, and infrastructure assets.
Total Addressable Market (TAM)
The TAM for natural gas distribution in the US is estimated to be in the tens of billions of dollars annually. Spire captures a portion of this based on its service territories and customer base.
Upturn SWOT Analysis
Strengths
- Strong customer base in regulated markets
- Extensive infrastructure network
- Experienced management team
- Stable revenue streams
Weaknesses
- Geographic concentration
- Exposure to commodity price fluctuations
- Regulatory risks
- High capital expenditure requirements
Opportunities
- Infrastructure modernization projects
- Expansion into new markets
- Acquisitions of smaller utilities
- Growth in renewable natural gas (RNG)
Threats
- Changes in regulations
- Competition from alternative energy sources
- Economic downturns
- Environmental concerns and pressure to reduce carbon emissions
Competitors and Market Share
Key Competitors
- AEE
- ATO
- NI
- UGI
- CNP
Competitive Landscape
Spire's advantages include its established presence and infrastructure. Disadvantages include geographic concentration and regulatory risks.
Major Acquisitions
EnergySouth
- Year: 2013
- Acquisition Price (USD millions): 1600
- Strategic Rationale: Expanded Spire's footprint into Alabama and increased its customer base.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by organic expansion within existing service territories and strategic acquisitions.
Future Projections: Future growth is expected to be driven by infrastructure investments, customer growth, and expansion into new markets. Analyst estimates should be consulted.
Recent Initiatives: Recent initiatives include infrastructure modernization programs, investments in renewable natural gas, and acquisitions of other utilities.
Summary
Spire Inc. is a stable utility company with a strong presence in its core markets, benefitting from regulated revenue streams and an extensive infrastructure network. However, it faces challenges related to geographic concentration, regulatory risks, and environmental concerns. Investing in infrastructure modernization and exploring opportunities in renewable natural gas could drive future growth. While Spire is stable, investors should watch for alternative energy options.
Similar Companies

AEE

Ameren Corp



AEE

Ameren Corp

ATO

Atmos Energy Corporation



ATO

Atmos Energy Corporation

CNP

CenterPoint Energy Inc



CNP

CenterPoint Energy Inc

D

Dominion Energy Inc



D

Dominion Energy Inc

NI

NiSource Inc



NI

NiSource Inc

UGI

UGI Corporation



UGI

UGI Corporation
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q), Investor Relations Materials, Industry Reports, Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Spire Inc
Exchange NYSE | Headquaters Saint Louis, MO, United States | ||
IPO Launch date 1987-11-05 | CEO, President & Director Mr. Steven L. Lindsey | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 3475 | Website https://www.spireenergy.com |
Full time employees 3475 | Website https://www.spireenergy.com |
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.
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