Loading...

Spire

DB:LGR
Snowflake Description

Established dividend payer and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LGR
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The last earnings update was 75 days ago. More info.


Add to Portfolio Compare Print
LGR Share Price and Events
7 Day Returns
-1.4%
DB:LGR
-0.8%
Europe Gas Utilities
1.8%
DE Market
1 Year Returns
25.5%
DB:LGR
9.6%
Europe Gas Utilities
-6%
DE Market
LGR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Spire (LGR) -1.4% -0.1% 5.3% 25.5% 24.7% 112.9%
Europe Gas Utilities -0.8% -0% 4.1% 9.6% 36.2% 29.1%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • LGR outperformed the Gas Utilities industry which returned 9.6% over the past year.
  • LGR outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
LGR
Industry
5yr Volatility vs Market

Value

 Is Spire undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Spire. This is due to cash flow or dividend data being unavailable. The share price is €71.36.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Spire's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Spire's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LGR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $3.32
NYSE:SR Share Price ** NYSE (2019-04-18) in USD $80.91
Europe Gas Utilities Industry PE Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 17.84x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Spire.

DB:LGR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SR Share Price ÷ EPS (both in USD)

= 80.91 ÷ 3.32

24.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spire is overvalued based on earnings compared to the Europe Gas Utilities industry average.
  • Spire is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Spire's expected growth come at a high price?
Raw Data
DB:LGR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
6.8%per year
Global Gas Utilities Industry PEG Ratio Median Figure of 29 Publicly-Listed Gas Utilities Companies 2.44x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:LGR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.36x ÷ 6.8%

3.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spire is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Spire's assets?
Raw Data
DB:LGR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $45.04
NYSE:SR Share Price * NYSE (2019-04-18) in USD $80.91
Europe Gas Utilities Industry PB Ratio Median Figure of 9 Publicly-Listed Gas Utilities Companies 1.81x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:LGR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SR Share Price ÷ Book Value per Share (both in USD)

= 80.91 ÷ 45.04

1.8x

* Primary Listing of Spire.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spire is good value based on assets compared to the Europe Gas Utilities industry average.
X
Value checks
We assess Spire's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. Spire has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Spire expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Spire expected to grow at an attractive rate?
  • Spire's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Spire's earnings growth is positive but not above the Germany market average.
  • Spire's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:LGR Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:LGR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 6.8%
DB:LGR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 0.8%
Europe Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 40%
Europe Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:LGR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LGR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-09-30 454
2021-09-30 2,028 420 210 4
2020-09-30 2,052 399 201 7
2019-09-30 2,004 347 192 7
DB:LGR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 2,005 509 165
2018-09-30 1,965 457 214
2018-06-30 1,985 479 226
2018-03-31 1,957 372 222
2017-12-31 1,807 296 232
2017-09-30 1,741 288 161
2017-06-30 1,761 292 160
2017-03-31 1,687 311 149
2016-12-31 1,633 305 142
2016-09-30 1,537 328 144
2016-06-30 1,462 313 139
2016-03-31 1,488 286 143

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Spire's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • Spire's revenue is expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:LGR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Spire Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LGR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-09-30
2021-09-30 4.01 4.07 3.95 2.00
2020-09-30 3.90 3.91 3.88 4.00
2019-09-30 3.77 3.80 3.76 3.00
DB:LGR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 3.32
2018-09-30 4.35
2018-06-30 4.66
2018-03-31 4.61
2017-12-31 4.87
2017-09-30 3.44
2017-06-30 3.47
2017-03-31 3.30
2016-12-31 3.18
2016-09-30 3.26
2016-06-30 3.19
2016-03-31 3.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Spire is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Spire's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Spire has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Spire performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Spire's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Spire's year on year earnings growth rate has been positive over the past 5 years.
  • Spire's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Spire's 1-year earnings growth is negative, it can't be compared to the Europe Gas Utilities industry average.
Earnings and Revenue History
Spire's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Spire Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LGR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,005.20 165.10 -1.50
2018-09-30 1,965.00 213.70
2018-06-30 1,984.50 226.30 -1.90
2018-03-31 1,957.40 222.20 -1.90
2017-12-31 1,807.40 231.90 -1.90
2017-09-30 1,740.70 161.20
2017-06-30 1,761.30 160.30
2017-03-31 1,687.10 149.30
2016-12-31 1,633.00 142.10
2016-09-30 1,537.30 143.70
2016-06-30 1,462.20 139.20
2016-03-31 1,488.10 142.60
2015-12-31 1,756.20 136.20
2015-09-30 1,976.40 136.40
2015-06-30 1,994.50 140.30
2015-03-31 1,961.10 137.80
2014-12-31 1,778.20 95.80
2014-09-30 1,627.20 84.30
2014-06-30 1,552.00 89.60
2014-03-31 1,475.48 84.50
2013-12-31 1,178.60 62.41
2013-09-30 1,017.00 52.50
2013-06-30 1,039.44 61.37
2013-03-31 1,061.00 63.26
2012-12-31 1,021.57 62.77
2012-09-30 1,125.50 62.30
2012-06-30 1,226.98 60.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Spire has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Spire used its assets less efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
  • Spire's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Spire's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Spire has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Spire's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Spire's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Spire's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Spire's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Spire's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Spire Company Filings, last reported 3 months ago.

DB:LGR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,284.60 2,793.10 8.40
2018-09-30 2,263.30 2,629.20 4.40
2018-06-30 2,314.20 2,371.00 6.90
2018-03-31 2,160.00 2,571.10 17.80
2017-12-31 2,085.70 2,719.10 6.70
2017-09-30 1,991.30 2,572.30 7.40
2017-06-30 2,028.20 2,376.00 8.30
2017-03-31 1,883.00 2,492.70 19.60
2016-12-31 1,796.70 2,577.70 10.60
2016-09-30 1,768.20 2,469.40 5.20
2016-06-30 1,802.40 1,949.30 4.90
2016-03-31 1,681.40 2,105.20 8.70
2015-12-31 1,600.30 2,228.60 4.60
2015-09-30 1,573.60 2,189.50 13.80
2015-06-30 1,608.60 2,027.80 5.70
2015-03-31 1,611.60 2,063.90 46.90
2014-12-31 1,533.50 2,248.50 13.40
2014-09-30 1,508.40 2,138.10 16.10
2014-06-30 1,533.80 976.60 571.80
2014-03-31 1,106.62 868.82 10.93
2013-12-31 1,066.39 1,006.26 34.52
2013-09-30 1,046.30 986.70 53.00
2013-06-30 1,081.00 464.44 556.49
2013-03-31 640.00 468.98 146.88
2012-12-31 620.78 447.68 46.56
2012-09-30 601.61 404.52 27.46
2012-06-30 611.16 364.60 21.52
  • Spire's level of debt (122.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (94.2% vs 122.3% today).
  • Debt is not well covered by operating cash flow (18.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Spire's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Spire has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Spire's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.93%
Current annual income from Spire dividends. Estimated to be 3.07% next year.
If you bought €2,000 of Spire shares you are expected to receive €59 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Spire's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Spire's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:LGR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Europe Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:LGR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-09-30
2021-09-30 2.60 4.00
2020-09-30 2.50 7.00
2019-09-30 2.38 6.00
DB:LGR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-06 2.370 2.965
2018-11-15 2.370 3.089
2018-08-02 2.250 3.022
2018-02-01 2.250 3.228
2017-11-15 2.250 3.037
2017-08-02 2.100 2.748
2017-01-26 2.100 3.075
2016-11-15 2.100 3.256
2016-07-28 1.960 3.061
2016-04-28 1.960 2.948
2016-01-28 1.960 2.982
2015-11-24 1.960 3.349
2015-07-30 1.840 3.349
2015-04-30 1.840 3.492
2015-01-29 1.840 3.549
2014-11-20 1.840 3.497
2014-07-31 1.760 3.633
2014-04-24 1.760 3.730
2014-01-30 1.760 3.834
2013-11-21 1.760 3.886
2013-07-25 1.700 3.740
2013-04-25 1.700 3.678
2013-01-31 1.700 4.060
2012-11-14 1.700 4.344
2012-07-27 1.660 3.946
2012-04-27 1.660 4.230
2012-01-26 1.660 4.107
2011-11-17 1.660 4.139
2011-07-29 1.620 4.204
2011-04-29 1.620 4.322
2011-01-27 1.620 4.255
2010-11-18 1.620 4.388
2010-07-30 1.580 4.574
2010-04-30 1.580 4.678
2010-01-28 1.580 4.715
2009-11-19 1.580 4.785
2009-07-31 1.540 4.754
2009-04-30 1.540 4.707
2009-04-23 1.540 4.426

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Spire's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Spire's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Spire afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Spire has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Spire's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Suzanne Sitherwood
COMPENSATION $4,016,839
AGE 53
TENURE AS CEO 7.2 years
CEO Bio

Ms. Suzanne Sitherwood has been the Chief Executive Officer of Spire Inc. (formerly, The Laclede Group, Inc.) since February 1, 2012 and has been its President since September 1, 2011. With more than 36 years of experience in the natural gas industry, serving in roles ranging from Chief Engineer to Vice President of gas operations and capacity planning, Ms. Sitherwood possesses significant experience working in a regulatory environment while implementing strategic growth initiatives. She has considerable leadership and management experience. Ms. Sitherwood served as the Chief Executive Officer of Laclede Gas Company since February 1, 2012. She served as the President of Laclede Gas Company until October 1, 2012. She served as the President of Atlanta Gas Light Company Inc. and served as its Senior Vice President of Southeastern Region since November 2004. She served as President of Atlanta Gas Light, Chattanooga Gas and Florida City Gas, which were natural gas utility subsidiaries of AGL Resources. Since joining AGL Resources in 1983, she served executive positions in gas supply, storage and transportation, construction, engineering and rates and regulatory affairs. She served as Senior Vice President of Southern Operations at Southern Company Gas since August 23, 2006. She has been the Chairman of the Board at Laclede Gas Company since February 1, 2012. She served as Vice President of Gas Operations and capacity planning at Atlanta Gas Light Company Inc. since June 2002. Ms. Sitherwood joined AGL Resources nearly 25 years ago as a co-op student in the cathodic protection group and has held a variety of positions including Vice President of Engineering & Construction, Chief Engineer, Director of Competition Planning, Director of Rates and Regulatory Affairs and Director of Residential Markets. She has been the Chairman of the Board at Alabama Gas Corporation since September 2014. She served as Chairman of St. Louis Regional Chamber & Growth Association until August 2016. She has been Deputy Chairman of the Board at Federal Reserve Bank Of St. Louis since January 2018 and has been its Director since 2016. She serves as a Director at Alabama Gas Corporation. She has been an Independent Director of Alcoa Corporation since November 1, 2016. She has been a Director of Spire Inc., since 2011. Ms. Sitherwood serves as the Chairman of the Board since January 2015 and Chief Executive Officer since October 2012 at Spire Missouri Inc. and serves as Chairman of the Board since September 2014 at Spire Alabama Inc. Ms. Sitherwood serves as Director of St. Louis Regional Chamber & Growth Association. She is a Board Member of Southern Polytechnic State University in Marietta, Georgia. She also serves on the boards of Civic Progress St. Louis, United Way of Greater St. Louis’ Executive Committee and Board, Birmingham Business Alliance and the American Gas Association. She is a Board Member for Emory Hospital Visiting Committee and AID Atlanta, where she dedicates time to education about HIV and other related issues. She was recognized in 2001 by Business to Business Magazine as a recipient of the “Divas“ award. She is a Graduate of Southern College of Technology with a Bachelor's Degree in industrial engineering technology. Ms. Sitherwood also holds a Master’s Degree in Business Administration from Brenau University.

CEO Compensation
  • Suzanne's compensation has been consistent with company performance over the past year.
  • Suzanne's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Spire management team in years:

6
Average Tenure
58
Average Age
  • The average tenure for the Spire management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Suzanne Sitherwood

TITLE
President
COMPENSATION
$4M
AGE
53
TENURE
7.2 yrs

Steve Rasche

TITLE
Executive VP
COMPENSATION
$1M
AGE
58
TENURE
5.5 yrs

Steve Lindsey

TITLE
Executive VP & CEO of Distribution Operations & Gas Utilities
COMPENSATION
$1M
AGE
52
TENURE
6.5 yrs

Mark Darrell

TITLE
Senior VP
COMPENSATION
$1M
AGE
60
TENURE
6.9 yrs

Mike Geiselhart

TITLE
Senior VP of Strategic Planning & Corporate Development
COMPENSATION
$1M
AGE
59
TENURE
4.3 yrs

Tim Goodson

TITLE
Vice President of Operations

Ryan Hyman

TITLE
Chief Information Officer & VP of Information Technology Services
TENURE
5 yrs

Scott Dudley

TITLE
Managing Director of Investor Relations

Jessica Willingham

TITLE
Vice President of Communications & Marketing

Gery Gorla

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the Spire board of directors in years:

5.2
Average Tenure
64
Average Age
  • The tenure for the Spire board of directors is about average.
Board of Directors

Ed Glotzbach

TITLE
Chairman of the Board
COMPENSATION
$359K
AGE
70
TENURE
4.3 yrs

Suzanne Sitherwood

TITLE
President
COMPENSATION
$4M
AGE
53
TENURE
7.6 yrs

Brenda Newberry

TITLE
Director
COMPENSATION
$191K
AGE
65
TENURE
12.3 yrs

Mark Borer

TITLE
Director
COMPENSATION
$197K
AGE
64
TENURE
5.2 yrs

Maria Fogarty

TITLE
Director
COMPENSATION
$195K
AGE
59
TENURE
4.7 yrs

Mary Ann Van Lokeren

TITLE
Director
COMPENSATION
$289K
AGE
70
TENURE
19.3 yrs

John Stupp

TITLE
Director
COMPENSATION
$173K
AGE
68
TENURE
14.3 yrs

Rob Jones

TITLE
Director
COMPENSATION
$173K
AGE
59
TENURE
3.2 yrs

Steve Schwartz

TITLE
Director
AGE
59
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Spire's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Spire has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through two segments, Gas Utility and Gas Marketing. It is also involved in marketing natural gas; and provision of energy services on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers. In addition, the company engages in the transportation of propane through its propane pipeline; compression of natural gas; risk management; and other activities. Further, it provides physical natural gas storage services. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in St. Louis, Missouri.

Details
Name: Spire Inc.
LGR
Exchange: DB
Founded: 1857
$3,672,551,718
50,740,277
Website: http://www.spireenergy.com
Address: Spire Inc.
700 Market Street,
St. Louis,
Missouri, 63101,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SR Common Stock New York Stock Exchange US USD 02. Mar 1964
DB LGR Common Stock Deutsche Boerse AG DE EUR 02. Mar 1964
Number of employees
Current staff
Staff numbers
3,366
Spire employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/22
Last earnings filing: 2019/02/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.