How To Earn $500 A Month From Spire Stock Ahead Of Q4 Earnings

Core Viewpoint - Spire Inc. is expected to report improved quarterly earnings with a projected loss of 38 cents per share compared to a loss of 54 cents per share a year ago, alongside a revenue estimate of $439.56 million [1] Group 1: Earnings Expectations - Spire Inc. will release its fourth-quarter earnings results on November 14, with analysts forecasting a quarterly loss of 38 cents per share [1] - The consensus estimate for Spire's quarterly revenue is $439.56 million, an increase from $293.8 million in the same quarter last year [1] Group 2: Analyst Upgrade and Price Target - Bank of America Securities analyst Ross Fowler upgraded Spire from Underperform to Neutral and raised the price target from $76 to $89 [2] Group 3: Dividend Information - Spire currently offers an annual dividend yield of 3.47%, translating to a quarterly dividend of 79 cents per share, or $3.14 annually [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 1,911 shares, equating to a total investment of about $173,041 [4] - For a more conservative monthly income goal of $100, an investor would need 382 shares, requiring an investment of around $34,590 [4] Group 4: Dividend Yield Dynamics - The dividend yield is calculated by dividing the annual dividend payment by the current stock price, which can fluctuate based on stock price changes [5] - Changes in the dividend payment itself can also impact the dividend yield; an increase in the dividend payment raises the yield, while a decrease lowers it [6] Group 5: Stock Performance - Shares of Spire fell by 0.2% to close at $90.55 on Wednesday [6]