Spire extends credit maturity to 2031. Scotiabank targets Spire stock at USD 79.00
Published on 10/18/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCredit terms and earnings timeline
- Spire amended its credit agreement on October 13, 2026, extending maturity by one year.
- Fiscal third-quarter revenue reached USD 420.20 million, up 19.20 percent year over year.
- Spire is expected to report its next results on November 13, 2026.
Spire (ISIN US84857L1017) extended the final maturity of its credit agreement by one year to October 11, 2031, according to the StockTitan summary of the October 13, 2026 filing. Scotiabank had initiated coverage on September 29 with a Sector Perform rating and a USD 79.00 target, Fintel reported.
What does the extension change?
The amendment moves the loan maturity from October 11, 2030, to October 11, 2031, while leaving the other material terms unchanged. The filing identifies Spire, Spire Missouri, Spire Alabama and Spire Tennessee as borrowers, with Wells Fargo serving as administrative agent.
The timing matters because Spire is funding a large utility investment program. Management reaffirmed a ten-year capital plan of USD 11.20 billion and expects fiscal 2026 capital expenditures of about USD 800.00 million, according to the SquawkNews transcript of the October 8, 2026 earnings call.
Three dated developments
On August 5, 2026, Spire reported fiscal third-quarter revenue of USD 420.20 million, up 19.20 percent year over year, while adjusted earnings per share showed a loss of USD 0.26. On September 29, Scotiabank began coverage with a Sector Perform rating and a USD 79.00 target. On October 13, Spire extended the credit agreement maturity to October 11, 2031.
When are results due?
MarketBeat lists November 13, 2026, as Spire's next estimated earnings date. The latest quarter also included reaffirmed fiscal 2026 adjusted earnings-per-share guidance of USD 3.90 to USD 4.10 and fiscal 2027 guidance of USD 5.40 to USD 5.60.
NYSE price and market value
Spire last stood at USD 82.03 on the NYSE on October 16, 2026, at 7:30 p.m. EDT in after-hours trading. The stock's market capitalization was USD 4.85 billion, while its 52-week range was USD 74.84 to USD 95.31 as of October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of Spire stock.
Spire stock key data
- Company: Spire Inc.
- ISIN: US84857L1017
- Ticker: SR
- Primary exchange: NYSE
- Market capitalization: USD 4.9 billion (as of October 16, 2026)
- 52-week range: USD 74.84-95.31 (as of October 16, 2026)
- Sector / Industry: Utilities / Gas Utilities
Market context: Market report S&P 500.
