KeyCorp Has Positive Forecast for Sempra FY2026 Earnings

Sempra (NYSE:SRE) – Research analysts at KeyCorp upped their FY2026 earnings estimates for Sempra in a report released on Tuesday, December 3rd. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $5.56 per share for the year, up from their prior estimate of $5.54. The consensus estimate for Sempra’s current full-year earnings is $4.77 per share. KeyCorp also issued estimates for Sempra’s FY2027 earnings at $5.90 EPS.

Other equities analysts also recently issued reports about the stock. Wells Fargo & Company increased their price objective on shares of Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. BMO Capital Markets increased their price objective on shares of Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Jefferies Financial Group started coverage on shares of Sempra in a report on Thursday, October 24th. They set a “buy” rating and a $98.00 price objective on the stock. Evercore ISI increased their price objective on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Bank of America started coverage on shares of Sempra in a report on Thursday, September 12th. They set a “buy” rating and a $94.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.91.

Sempra Stock Performance

SRE opened at $89.60 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. The company has a market cap of $56.75 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.52 and a beta of 0.77. Sempra has a 52-week low of $66.40 and a 52-week high of $95.77. The firm’s fifty day simple moving average is $87.44 and its two-hundred day simple moving average is $81.66.

Sempra (NYSE:SRE) last announced its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.16). Sempra had a return on equity of 8.06% and a net margin of 22.63%. The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same period last year, the company posted $1.08 earnings per share. The business’s quarterly revenue was down 16.7% on a year-over-year basis.

Sempra Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.77%. The ex-dividend date is Thursday, December 5th. Sempra’s payout ratio is currently 54.63%.

Insider Buying and Selling

In other Sempra news, VP Trevor I. Mihalik sold 23,713 shares of Sempra stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $93.09, for a total transaction of $2,207,443.17. Following the completion of the sale, the vice president now directly owns 11,190 shares in the company, valued at $1,041,677.10. This trade represents a 67.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sempra

A number of institutional investors have recently made changes to their positions in SRE. FMR LLC increased its position in shares of Sempra by 9.1% during the third quarter. FMR LLC now owns 18,978,605 shares of the utilities provider’s stock valued at $1,587,181,000 after acquiring an additional 1,582,653 shares during the last quarter. State Street Corp increased its position in shares of Sempra by 4.9% during the third quarter. State Street Corp now owns 32,940,620 shares of the utilities provider’s stock valued at $2,774,974,000 after acquiring an additional 1,539,026 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Sempra by 6.9% during the second quarter. Clearbridge Investments LLC now owns 13,452,912 shares of the utilities provider’s stock valued at $1,023,228,000 after acquiring an additional 874,133 shares during the last quarter. National Bank of Canada FI increased its position in shares of Sempra by 201.2% during the third quarter. National Bank of Canada FI now owns 620,394 shares of the utilities provider’s stock valued at $51,882,000 after acquiring an additional 414,406 shares during the last quarter. Finally, Unigestion Holding SA acquired a new stake in shares of Sempra during the third quarter valued at about $33,023,000. 89.65% of the stock is currently owned by institutional investors and hedge funds.

Sempra Company Profile

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.