The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

SR

Concerning the House

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. Spire Inc. 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.

United States · www.spireenergy.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$2.67B+7.8%
Operating income$523.90M+10.8%
Net income$250.90M+8.7%
Cash from ops$912.40M+10.4%
Quotation

$82.93

+0.22 (+0.3%)

52w hi$94.21
52w lo$71.97
Vol257.83K
As ofAug 13
The Verdict

Sell

Our score -0.57

Short-0.57
Medium-0.76
Long-0.21

computed 2026-08-13

By the Numbers

Spire Inc.

Utilities · Utilities - Regulated Gas

Market cap$4.90B
Enterprise value$12.13B
Trailing P/E18.31x
Forward P/E15.08x
EV / EBITDA12.59x
P / S (ttm)1.84x
Profit margin20.6%
Return on equity8.1%
Revenue growth+19.2%
Earnings growth+1138.2%
Debt / equity202.61
Risk Metrics
Beta vs SPX0.13
Corr SPX0.11
Annual vol20.0%
Annual ret+14.9%
Sharpe0.75
Max DD-20.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.33
Sector-0.01
Technical-0.33
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$82.36$84.16$82.36$82.93257.83K
Aug 12$83.31$83.31$81.73$82.71538.50K
Aug 11$81.20$82.51$80.90$82.45426.50K
Aug 10$81.55$82.01$80.67$81.04534.40K
Aug 7$80.27$82.23$80.02$81.97521.90K