Spire Announces $825M Senior Notes Offering

The latest update is out from Spire ( (SR) ).

On December 8, 2025, Spire Inc. announced an offering of $825 million in Senior Notes by Spire Tennessee Inc., contingent upon the acquisition of Piedmont Natural Gas Tennessee’s operations in Nashville. This strategic acquisition, announced in July 2025, aims to expand Spire’s regulated utility footprint and diversify its business mix, potentially enhancing long-term earnings growth and dividend increases. The acquisition, valued at $2.48 billion, is expected to close in the first quarter of 2026, pending regulatory approval.

The most recent analyst rating on (SR) stock is a Hold with a $89.00 price target. To see the full list of analyst forecasts on Spire stock, see the SR Stock Forecast page.

Spark’s Take on SR Stock

According to Spark, TipRanks’ AI Analyst, SR is a Neutral.

Spire’s overall stock score reflects a balanced view of its financial performance, technical indicators, valuation, and earnings call insights. The strong earnings call and fair valuation are significant positives, while technical analysis and cash flow challenges present risks.

To see Spark’s full report on SR stock, click here.

More about Spire

Spire Inc. operates in the natural gas industry, providing regulated natural gas services to 1.7 million homes and businesses across Alabama, Missouri, and Mississippi. The company manages approximately 63,000 miles of pipeline and engages in gas marketing services throughout North America. Spire’s operations are focused on infrastructure investment, sustainability, and growth through strategic acquisitions.

Average Trading Volume: 450,104

Technical Sentiment Signal: Buy

Current Market Cap: $4.87B

For a thorough assessment of SR stock, go to TipRanks’ Stock Analysis page.