Spire's Series A Preferred Stock Shares Cross 6% Yield Mark
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2024
0mins
Source: NASDAQ.COM
Dividend History: The article provides a dividend history chart for Spire Inc's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock (SR.PRA), detailing its historical dividend payments.
Current Trading Status: As of Tuesday, Spire Inc's preferred stock (SR.PRA) is down approximately 0.5%, while the common shares (SR) have decreased by about 1.1%.
Analyst Views on SR
Wall Street analysts forecast SR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SR is 95.00 USD with a low forecast of 89.00 USD and a high forecast of 99.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 82.960
Low
89.00
Averages
95.00
High
99.00
Current: 82.960
Low
89.00
Averages
95.00
High
99.00
About SR
Spire Inc. is a holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Spire Missouri is a public utility engaged in the purchase, retail distribution and sale of natural gas. Spire Alabama is a public utility engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama, serving residential, commercial and industrial customers. The Company's segments include Gas Utility, Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. and Spire Mississippi Inc. The Gas Marketing segment includes Spire Marketing Inc., a wholly owned subsidiary providing natural gas marketing services. The Midstream segment includes Spire STL Pipeline LLC, Spire MoGas Pipeline LLC, and Spire Storage, which are subsidiaries engaged in the transportation and storage of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
