Spire Inc (SR)

NYSE · Utilities · Utilities - Regulated Gas · USA

Spire Inc is a mid cap company (market value between $2 billion and $10 billion) in the Utilities - Regulated Gas industry.

Spire Inc. is a holding company for regulated natural gas utilities serving residential, commercial, and industrial customers in Missouri, Alabama, Mississippi, and the Gulf Coast. The company operates through Gas Utility, which purchases and distributes natural gas; Gas Marketing, providing marketing services; and Midstream, handling transportation and storage of natural gas.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Spire Inc stock.

Our verdict on SR

Overvalued: intrinsic value $64.82 per share, market price $88.00, margin of safety -35.8% (as of 2026-10-30).

Discounting its cash flows at 7.0% (average of 2 methods) values the shares at $64.82; the price of $88.00 is 36% above that value.

Leak Score: 34/100 on 11 of 12 signals (On Watch).

ETFs with the most weight in SR

17 more funds hold it; the full list is part of the paid plan.

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3 more in this industry show a wider margin of safety.

Is SR undervalued or overvalued?

SR is overvalued (as of the 2026-10-30 close). Discounting its cash flows at 7.0% (average of 2 methods) values the shares at $64.82; the price of $88.00 is 36% above that value.

What is the intrinsic value of SR?

$64.82 per share (as of the 2026-10-30 close), against a market price of $88.00. That is a margin of safety of -35.8%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Spire Inc's Leak Score?

34 out of 100, which we rate "On Watch", on 11 of 12 value investing signals.