This is Why Spire Inc. (SR) is a High Growth Utility Stock to Buy
Key takeaways
- (SR) is a High Growth Utility Stock to Buy Neha Gupta Sun, May 10, 2026 at 4:27 AM GMT+7 2 min read SR Spire Inc.
- The divestment aligns with the company’s renewed focus on core utility operations as it also seeks to improve the risk profile and enhance long-term earnings visibility.
- Spire is increasingly focusing on its core regulated gas utility business, which continues to drive earnings.
This is Why Spire Inc. (SR) is a High Growth Utility Stock to Buy Neha Gupta Sun, May 10, 2026 at 4:27 AM GMT+7 2 min read SR Spire Inc. (NYSE:SR) is one of the high growth utility stocks to buy according to analysts. On April 30, Spire Inc. (NYSE:SR) completed the divestment of its gas marketing business, Spire Marketing, to Boardwalk Pipelines for $215 million in cash.
The divestment aligns with the company’s renewed focus on core utility operations as it also seeks to improve the risk profile and enhance long-term earnings visibility. The company will use the net proceeds from the transaction to partially fund the acquisition of Piedmont Natural Gas Tennessee’s business and for general corporate purposes.
Spire is increasingly focusing on its core regulated gas utility business, which continues to drive earnings. In its second quarter of fiscal 2026, net income increased to $217.6 million, or $3.51 per diluted share, compared to $189.3 million, or $3.17 per share, delivered in the same quarter last year.