Spire Stock (NYSE:SR), Trade Ideas

Spire

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), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. 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.

Long Ideas

News

Small Cap

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

AXTA

DGICA

Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades.

$1M Bet On Axalta Coating Systems? Check Out These 3 Stocks Insiders Are Buying

Penny Stocks

Short Ideas

BIPC

CDZI

OTTR

As of the close of business on Friday, 7/7, we captured the Top 10 Highest Short Interest % stocks within the Utilities sector.

The average short interest for stocks within the Utilities sector stands at 1.94%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

Short Interest Sector Focus: Utilities Sector

As of the close of business on Tuesday, 6/13, we captured the Top 10 Highest Short Interest % stocks within the Utilities sector.

The average short interest for stocks within the Utilities sector stands at 1.94%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

Spire Inc

Sportradar Group AG - Class A Ordinary Shares

Sportradar Group AG

SANDFIRE RES AMER INC by Sandfire Resources America Inc.

Sandfire Resources America Inc

Stadler Rail AG

Sisram Medical Ltd

SRISAWAD CORP PUB CO ADR by Srisawad Corp Pub Co Ltd.

Srisawad Corp PCL

SRAX Inc

SIRONA BIOCHEM CORP ORD by Sirona Biochem Corp.

Sirona Biochem Corp

VusionGroup

STARRAG GROUP HLDG AG by STARRAG GROUP HLDG AG

Serabi Gold PLC

SR Bancorp Inc

SAPURA RESOURCES BHD by Sapura Resources BHD

Sapura Resources Bhd

SHANRONG BIOTECHNOLOGY CP by Shanrong Biotechnology Corp.

Shanrong Biotechnology Corp

STRATEC BIOMED SYS AG NEW by Stratec Biomedical Systems Ag Birkenfeld

Stratec SE

Spirit Realty Capital Inc (New) Com (New)

Stria Lithium Inc

1st Source Corp

SPRUCE RIDGE RES LTD CDW by Spruce Ridge Resources Ltd.

Spruce Ridge Resources Ltd

SEARCHLIGHT MINERALS CORP by Searchlight Minerals Corp.

Searchlight Minerals Corp

Stericycle Inc

SPARTA COMML SVCS INC by Sparta Commercial Services, Inc.

Sparta Commercial Services Inc

SHERWOOD CORP THAILAND by SHERWOOD CORP THAILAND PUB CO LTD.

Sherwood Corp(Thailand) Public Co Ltd

Scorpio Gold Corp

SUMMIT RESO LTD UNSP/ADR by Summit Resources Ltd.

Spire Inc Corporate Unit 03/01/2024

STONEBRIDGE RES EXPLS LTD by Stonebridge Resources Explorations Ltd.

Stonebridge Resources Explorations Ltd

Surmodics Inc

Sempra

DBA Sempra 5.750% Junior Subordinated Notes due 2079

Storebrand ASA

STOREBRAND ASA UNSP/ADR by StoreBrand ASA

SUNRISE ENERGY METALS LTD by Sunrise Energy Metals Ltd.

Sunrise Energy Metals Ltd

SAVILLE RES INC by Saville Resources Inc.

Saville Resources Inc

Global X SuperDividend REIT ETF

Surf Air Mobility Inc

Seritage Growth Properties Class A Common Stock

Seritage Growth Properties

Surgalign Holdings Inc

Suruga Bank Ltd

SOUTHRIDGE ENTERPS INC by Southridge Enterprises, Inc.

Southridge Enterprises Inc

SRG Global Ltd

SHOPRITE HLDGS LTD S/ADR by Shoprite Holdings Ltd.

Shoprite Holdings Ltd

SRG Mining Inc

SRI TRANG AGRO NVDR by SRI Trang Agro Industry Public Co., Ltd.

Sri Trang Agro-Industry PLC

Surge Copper Corp

Star Gold Corp

Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest

StarHub Ltd

SHOPRITE HLDGS LTD ORD by Shoprite Holdings Ltd.

Elevation Series Trust SRH U.S. Quality ETF

Elevation Series Trust SRH REIT Covered Call ETF

SYRAH RES LTD SPNS/ADR by Syrah Resources Ltd.

Syrah Resources Ltd

Stoneridge Inc

SPEAKING ROSES INTL INC by Speaking Roses International, Inc.

Speaking Roses International Inc

A. Soriano Corp

SRISAWAD CP PCL LOCAL SHS by Srisawad Corp Pub Co Ltd.

SparkPoint

Strake Inc

Sky Gold Corp

Scully Royalty Ltd

SPDR Blackstone Senior Loan ETF

SEAFIELD RES LTD COM by Seafield Resources., Ltd.

Seafield Resources Ltd

STHN REALTY CO CAL by Southern Realty Co.

Southern Realty Co

SALAZAR RESOURCES LTD ORD by Salazar Resources Ltd.

Salazar Resources Ltd

SRM Entertainment Inc

Serum - United States Dollar

SPAREBANK 1 SMN PRIM CAP by SPAREBANK 1 SMN

SpareBank 1 SMN

INVESCO MKT PLC MLP B ETF by Invesco Markets plc

Sarama Resources Ltd

SADDLE RANCH MEDIA INC by Saddle Ranch Media, Inc.

Saddle Ranch Media Inc

SIRNAOMICS LTD by Sirnaomics Ltd.

SORRENTO THERAPEUTICS INC by Sorrento Therapeutics, Inc.

Sorrento Therapeutics Inc

STHN BANC CO INC by Southern Banc Company, Inc. (The)

Southern Banc Co Inc

STRATOS RENEWABLE CORP by Stratos Renewables Corp.

Stratos Renewables Corp

Calamos ETF Trust Calamos Antetokounmpo Global Sustainable Equities ETF

Sercomm Corp

SAILFISH ROYALTY CORP by Sailfish Royalty Corp.

Sailfish Royalty Corp

SRP Groupe SA

STARTS PROCEED INVT CORP by Starts Proceed Investment Corp.

Starts Proceed Investment Corp

SURAPON FOODS PCL FGN REG by Surapon Foods Public Company Ltd

Sarepta Therapeutics, Inc. - Common Stock

Sarepta Therapeutics Inc

SCORPEX INC by Scorpex, Inc.

SRQ Resources Inc

Sendero Resources Corp

SUNRISE RL EST GROUP INC by Sunrise Real Estate Group, Inc.

Sunrise Real Estate Group Inc

SIERRA RUTILE HLDGS LTD by SIERRA RUTILE HLDGS LTD.

Sierra Rutile Holdings Ltd

Scholar Rock Holding Corporation - Common Stock

Scholar Rock Holding Corp

SIRIUS REAL EST LTD ORD by SIRIUS REAL ESTATE LTD

Sirius Real Estate Ltd

SHAGRIR GROUP VEH SVC ORD by Shagrir Group Veh Svcs Ltd

Shagrir Group Vehicle Services Ltd

SOURCE ROCK ROYALTIES LTD by SOURCE ROCK ROYALTIES LTD

Source Rock Royalties Ltd

Slate Grocery REIT

ProShares UltraShort Real Estate

Sears Canada Inc

SPIRITS TIME INTL INC by Spirits Time International, Inc.

Spirits Time International Inc

STRATECO RESOURCES INC by Strateco Resources Inc.

Strateco Resources Inc

RBC Capital analyst Shelby Tucker reiterates Spire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>) with a Sector Perform and maintains $65 price target.

Price Target

Reiteration

Analyst Ratings

RBC Capital Reiterates Sector Perform on Spire, Maintains $65 Price Target

UBS analyst William Appicelli initiates coverage on Spire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>) with a Buy rating and announces Price Target of $68.

Initiation

UBS Initiates Coverage On Spire with Buy Rating, Announces Price Target of $68

Offerings

Spire Files For Up To $200M Common Stock Offering

About&nbsp;$175 million&nbsp;will be sold by Spire and&nbsp;$175 million&nbsp;will be sold by certain selling securityholders.

Spire Reports Pricing Of Public Offering Of $350M Of Its 5.300% Senior Notes Due 2026

We remain confident in our ability to grow long-term NEE per share 5&ndash;7%&nbsp;driven by&nbsp;expected 7&ndash;8%&nbsp;annual utility rate base growth, reflecting our robust capital investment plan.
Our 10-year&nbsp;$7.2 billion&nbsp;capital investment target through&nbsp;fiscal 2033&nbsp;is driven by increasing investment in infrastructure upgrades and new business in the Gas Utility segment. Expected capital expenditures for fiscal 2024&nbsp;remain&nbsp;$765&nbsp;million, which includes&nbsp;$100 million&nbsp;for the Spire Storage West expansion.&nbsp;&nbsp;

Guidance

Spire Affirms FY24 Net Economic EPS Guidance Range Of $4.25–$4.45 Vs. $4.34 Est.

Spire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.35 by 8.89 percent. This is a 5.16 percent decrease over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $756.60 million which beat the analyst consensus estimate of $695.47 million by 8.79 percent. This is a 7.05 percent decrease over sales of $814.00 million the same period last year.