Expectations trend
FY2028 · fiscal year ending 2028-09-30 · fmp
Spire (SR)
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
$90.31+2.61%
Close 2026-11-04 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
6.17 → 6.17 EPS · FY ending Sep 30, 2028 · 1 analyst
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 1 to 1; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for SR yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Dividend per share at or above $0.82 | Dividends increased to $0.825 per share, showing steady shareholder returns. | Intact | Dividend per share falls below $0.79 | Dividend per share: $0.82 per share FY2026-Q3; GAAP. Published target: >= $0.82 per share dividend. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Aug 5, 20260.825 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-09-30 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 17, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
SR is a regulated-utility and infrastructure growth story, with recent financial performance strong relative to its industry. Its long-term thesis is intact, but management execution is rated volatile and confidence has eased from high to medium.
The evidence describes SR as cheap versus peers, with expectations modestly below the model’s view. Pricing is tagged as justified and fragility is low, so the snapshot does not point to unusually fragile expectations.
Over the multi-year view, the completed Piedmont acquisition and gas utility earnings growth suggest integration benefits and regulated growth are supporting fundamentals. Near term, SR has missed its most recent quarter and is on a run of consecutive misses, though the stated miss risk is low; a guidance cut would be a meaningful setback.
The thesis depends on continued delivery from the acquisitions and on guidance remaining intact. Fed rate cuts and strong results from sector peers could support the utility backdrop, while weaker guidance or continued earnings misses would challenge the setup.
For the next 1 to 3 years, SR’s thesis is supported by recent operating strength and acquisition progress, but hinges on execution and a return to reliable earnings delivery. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Spire grows earnings with the Piedmont Tennessee acquisition. |
| Broken |
| Fiscal 2027 EPS guidance falls below $5.65 |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Gas Utility adjusted earnings growth | Regulated gas utility earnings rose to $234.8 million in Q2 2026. | Intact | Gas Utility adjusted earnings fall below $195 million in any quarter | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$6.17 → $6.17 · observed estimates
$3.01B → $3.01B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-10-01 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-02 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-03 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-04 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-05 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-06 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-07 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-08 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-09 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-10 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-11 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-12 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-13 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-14 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-15 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-16 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-17 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-18 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-19 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-20 | $6.17 | $3,008,166,909 | 1 / 7 |
| 2026-10-21 | $6.17 | $3,008,000,242 | 1 / 7 |
| 2026-10-22 | $6.17 | $3,113,460,466 | 1 / 7 |
| 2026-10-23 | $6.17 | $3,013,354,310 | 1 / 7 |
| 2026-10-24 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-25 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-26 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-27 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-28 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-29 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-30 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-10-31 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-11-01 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-11-02 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-11-03 | $6.17 | $3,013,354,310 | 1 / 8 |
| 2026-11-04 | $6.17 | $3,013,354,310 | 1 / 8 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 6 Buy / Strong Buy · 5 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 1 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.