Spire Payout Ratio from 2010 to 2024

SR Stock  USD 58.18  0.04  0.07%   
Spire Payout Ratio yearly trend continues to be relatively stable with very little volatility. Payout Ratio is likely to drop to 0.81. During the period from 2010 to 2024, Spire Payout Ratio destribution of quarterly values had range of 1.1043 from its regression line and mean deviation of  0.16. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.88
Current Value
0.81
Quarterly Volatility
0.26646814
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire main balance sheet or income statement drivers, such as Interest Expense of 224.2 M, Total Revenue of 3.2 B or Gross Profit of 585.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0503 or PTB Ratio of 1.67. Spire financial statements analysis is a perfect complement when working with Spire Valuation or Volatility modules.
  
This module can also supplement Spire's financial leverage analysis and stock options assessment as well as various Spire Technical models . Check out the analysis of Spire Correlation against competitors.

Latest Spire's Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of Spire Inc over the last few years. Payout Ratio is the proportion of Spire Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Spire Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Spire Inc is paying out more in dividends than it makes in net income. It is Spire's Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire's overall financial position and show how it may be relating to other accounts over time.
Payout Ratio10 Years Trend
Pretty Stable
   Payout Ratio   
       Timeline  

Spire Payout Ratio Regression Statistics

Arithmetic Mean0.75
Geometric Mean0.72
Coefficient Of Variation35.57
Mean Deviation0.16
Median0.71
Standard Deviation0.27
Sample Variance0.07
Range1.1043
R-Value0.19
Mean Square Error0.07
R-Squared0.03
Significance0.51
Slope0.01
Total Sum of Squares0.99

Spire Payout Ratio History

2023 0.88
2022 0.76
2021 0.71
2020 0.54
2019 1.61
2018 0.66
2017 0.51

Other Fundumenentals of Spire Inc

Spire Payout Ratio component correlations

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0.990.570.970.970.620.580.940.850.950.910.960.730.90.79-0.30.85-0.130.89-0.28-0.530.910.040.77-0.610.7
0.540.570.480.490.380.40.480.360.40.380.490.180.670.66-0.090.560.220.570.11-0.560.33-0.20.17-0.30.13
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0.980.970.490.970.580.550.940.870.950.890.960.810.80.66-0.260.78-0.190.85-0.31-0.420.910.050.84-0.580.79
0.620.620.380.560.580.950.570.780.650.620.520.450.590.67-0.190.68-0.060.75-0.23-0.340.650.270.51-0.440.06
0.590.580.40.540.550.950.570.80.570.530.510.480.530.61-0.170.67-0.110.75-0.17-0.330.580.140.5-0.220.05
0.970.940.480.970.940.570.570.880.920.820.970.810.810.69-0.290.84-0.210.88-0.23-0.420.820.120.83-0.480.76
0.880.850.360.880.870.780.80.880.870.730.870.810.690.59-0.20.75-0.180.84-0.18-0.280.760.160.8-0.340.59
0.960.950.40.960.950.650.570.920.870.90.930.750.830.71-0.370.8-0.240.85-0.37-0.450.890.160.83-0.630.73
0.890.910.380.860.890.620.530.820.730.90.830.580.830.75-0.370.79-0.140.79-0.49-0.540.940.070.68-0.640.59
0.980.960.491.00.960.520.510.970.870.930.830.790.850.71-0.30.83-0.150.87-0.2-0.430.840.060.83-0.470.81
0.770.730.180.790.810.450.480.810.810.750.580.790.460.31-0.110.51-0.260.66-0.020.040.680.10.85-0.380.79
0.880.90.670.860.80.590.530.810.690.830.830.850.460.94-0.420.84-0.010.84-0.22-0.720.750.070.52-0.490.46
0.760.790.660.730.660.670.610.690.590.710.750.710.310.94-0.410.880.040.86-0.22-0.720.710.180.47-0.450.27
-0.31-0.3-0.09-0.32-0.26-0.19-0.17-0.29-0.2-0.37-0.37-0.3-0.11-0.42-0.41-0.250.12-0.360.160.4-0.33-0.05-0.210.22-0.16
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-0.15-0.130.22-0.17-0.19-0.06-0.11-0.21-0.18-0.24-0.14-0.15-0.26-0.010.040.12-0.22-0.080.730.35-0.17-0.1-0.280.04-0.24
0.90.890.570.880.850.750.750.880.840.850.790.870.660.840.86-0.360.94-0.08-0.2-0.480.850.190.81-0.470.54
-0.27-0.280.11-0.25-0.31-0.23-0.17-0.23-0.18-0.37-0.49-0.2-0.02-0.22-0.220.16-0.410.73-0.20.59-0.44-0.08-0.250.3-0.16
-0.49-0.53-0.56-0.45-0.42-0.34-0.33-0.42-0.28-0.45-0.54-0.430.04-0.72-0.720.4-0.640.35-0.480.59-0.410.01-0.10.25-0.07
0.890.910.330.860.910.650.580.820.760.890.940.840.680.750.71-0.330.8-0.170.85-0.44-0.410.080.83-0.70.65
0.060.04-0.20.090.050.270.140.120.160.160.070.060.10.070.18-0.050.17-0.10.19-0.080.010.080.19-0.020.06
0.810.770.170.840.840.510.50.830.80.830.680.830.850.520.47-0.210.72-0.280.81-0.25-0.10.830.19-0.460.82
-0.56-0.61-0.3-0.52-0.58-0.44-0.22-0.48-0.34-0.63-0.64-0.47-0.38-0.49-0.450.22-0.40.04-0.470.30.25-0.7-0.02-0.46-0.36
0.740.70.130.80.790.060.050.760.590.730.590.810.790.460.27-0.160.49-0.240.54-0.16-0.070.650.060.82-0.36
Click cells to compare fundamentals

About Spire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spire income statement, its balance sheet, and the statement of cash flows. Spire investors use historical funamental indicators, such as Spire's Payout Ratio, to determine how well the company is positioned to perform in the future. Although Spire investors may use each financial statement separately, they are all related. The changes in Spire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payout Ratio 0.88  0.81 
Dividend Payout Ratio 0.88  0.81 

Spire Investors Sentiment

The influence of Spire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Spire. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Spire's public news can be used to forecast risks associated with an investment in Spire. The trend in average sentiment can be used to explain how an investor holding Spire can time the market purely based on public headlines and social activities around Spire Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Spire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Spire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Spire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Spire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Spire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Spire's short interest history, or implied volatility extrapolated from Spire options trading.

Currently Active Assets on Macroaxis

When determining whether Spire Inc is a strong investment it is important to analyze Spire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spire's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:
Check out the analysis of Spire Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Spire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spire. If investors know Spire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.915
Earnings Share
3.71
Revenue Per Share
49.434
Quarterly Revenue Growth
(0.07)
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spire's market value can be influenced by many factors that don't directly affect Spire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.