How to Buy Spire Stock
Spire Inc
Spire is a gas company located in Missouri, United States, which is part of the Utilities sector, and is traded under the ticker SR on the NYSE exchange.
Spire stock last closed at $61.40, down 0.57% from the previous day, and has decreased 9.24% in one year. It has underperformed other stocks in the Utilities - Regulated Gas industry by 0.02 percentage points. Spire stock is currently +14.19% from its 52-week low of $53.77, and -12.27% from its 52-week high of $69.99.
As of Apr 26, 2024, there are 54.98M SR shares outstanding. The market capitalization of SR is $3.38B. In the past 24 hours, 360,546 SR shares were traded.
How to Buy Spire Stock
Wondering how to invest in Spire stock? Here's how.
- Choose where to buy Spire stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Spire stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Spire stock: The Spire ticker symbol is SR. Is Spire stock a good investment? Should you buy shares of SR? How do SR's underlying business fundamentals look? Do top analysts think Spire is a good buy? Why has SR's stock price moved recently? (Hint: Our stock market research tools can help you understand if SR is a good stock to buy).
- Make your SR purchase: Decide if you will purchase SR shares at the current market price or use a limit order to buy SR shares at a particular price.
- Get notifications regarding your investment in SR: Create a watchlist to key updates about your position in Spire shares.
Step 1: Choose where to buy Spire stock
You will need an online brokerage account in order to access the NYSE market and buy SR stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy SR today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best app for stock investing, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your brokerage account.
Step 4: Analyze Spire stock
Once you have chosen the best place to buy Spire stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Spire stock data
Fundamentals of SR
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SR's stock page.
Is SR stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SR's fair value.
Using relative valuations metrics:
- SR could be overvalued based on its P/E ratio of 16.55x, relative to Utilities - Regulated Gas industry P/E ratio of 14.91x
- SR may be undervalued based on its P/B ratio of 1.11x, relative to Utilities - Regulated Gas industry P/B ratio of 1.74x
- SR may be undervalued based on its PEG ratio of 0.85x
You can access additional valuation research on SR's stock here.
A look at SR Cashflows and Balance Sheet
Failed Financial Due Diligence Checks:
- SR profit margin has gone down from 9.8% to 7.5% in the past year.
- SR has $4.80M in cash and short term investments. This is not sufficient to cover its annual cash burn of $53.20M.
- SR has a relatively high debt to equity ratio of 2.49.
- SR has cash burn of 53200000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the SR balance sheet.
- There are more short-term liabilities than short-term assets on the SR balance sheet.
- Total SR debt is higher than 5 years ago, relative to shareholder equity.
Is Spire stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Wall Street analysts who give recommendations on SR, the consensus analyst rating on Spire is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest SR Analyst Forecasts
Stephen Byrd, a top 5% analyst from Morgan Stanley maintains SR with a hold rating and lowers their SR price target from $66.00 to $63.00, on Nov 21, 2023.
Selman Akyol, a top 21% analyst from Stifel Nicolaus maintains SR with a hold rating and lowers their SR price target from $67.00 to $64.00, on Nov 20, 2023.
Sarah Akers, a top 11% analyst from Wells Fargo maintains SR with a hold rating and lowers their SR price target from $67.00 to $64.00, on Nov 17, 2023.
You can dig deeper into what analysts are saying on the Spire stock forecast page.
SR Technical Indicators
SR Growth Metrics
Last year, SR earnings were $196.50M. During the last 5 year, SR's earnings have increased by 2.31% per year. This was slower than the Utilities - Regulated Gas industry average of 21.57%.
Last year, SR revenue was $2.61B. Over the last 5 year, SR's revenue has gone up by 5.4% per year. This was slower than the Utilities - Regulated Gas industry average of 10.97%.
Dive into SR's earnings and revenue performance here.
Are SR insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at SR have bought more shares than they have sold.
Adam W. Woodard, Treasurer of SR, was the latest SR insider to sell. They sold $73,223.82 worth of SR stock on Mar 15, 2024.
Dig into more about who owns SR shares here.
Does SR stock generate passive income?
Spire pays a dividend of 4.8%, compared to the Utilities - Regulated Gas industry's average dividend yield of 3.65%. If you owned $1,000 worth of SR stock, you would have been paid $48.05 in the past year.
Spire dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Spire dividend yield and history here.
What do other traders have to say about SR?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SR purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in SR
Now that you own some SR shares, you'll want to keep up with your company.
Make a watchlist to keep tabs on your SR stock.
SR Feed
How to Buy Stock in Spire
To summarize, here are the 6 steps for buying Spire stock:
- Choose where to buy Spire stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Spire stock
- Make your SR purchase
- Get notifications regarding your investment in SR
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Spire, create a watchlist on WallStreetZen today.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.