FY2025 EPS Estimates for Sempra Increased by Seaport Res Ptn

Sempra (NYSE:SRE) – Research analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for Sempra in a report issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $5.15 per share for the year, up from their prior forecast of $5.14. The consensus estimate for Sempra’s current full-year earnings is $4.76 per share. Seaport Res Ptn also issued estimates for Sempra’s FY2026 earnings at $5.47 EPS and FY2027 earnings at $5.78 EPS.

A number of other equities analysts have also issued reports on the stock. Wells Fargo & Company raised their target price on shares of Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. BMO Capital Markets boosted their price objective on shares of Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Jefferies Financial Group began coverage on shares of Sempra in a research note on Thursday, October 24th. They issued a “buy” rating and a $98.00 target price for the company. Barclays raised their price objective on shares of Sempra from $89.00 to $99.00 and gave the company an “overweight” rating in a research report on Monday, December 2nd. Finally, Bank of America initiated coverage on Sempra in a research report on Thursday, September 12th. They set a “buy” rating and a $94.00 target price on the stock. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, Sempra presently has a consensus rating of “Moderate Buy” and an average target price of $91.60.

Sempra Stock Down 1.7 %

Shares of NYSE SRE opened at $82.79 on Wednesday. The stock has a market cap of $52.44 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 2.45 and a beta of 0.78. Sempra has a 52-week low of $66.40 and a 52-week high of $95.77. The business has a 50-day moving average price of $89.08 and a 200 day moving average price of $83.59. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89.

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

Sempra Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Thursday, December 5th. Sempra’s dividend payout ratio is currently 54.63%.

Insider Transactions at Sempra

In other news, VP Trevor I. Mihalik sold 23,713 shares of the firm’s stock in a transaction that occurred on 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 transaction, the vice president now directly owns 11,190 shares of the company’s stock, valued at $1,041,677.10. This trade represents a 67.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Sempra

Large investors have recently bought and sold shares of the stock. Perennial Investment Advisors LLC boosted its position in Sempra by 2.8% during the second quarter. Perennial Investment Advisors LLC now owns 4,963 shares of the utilities provider’s stock worth $377,000 after acquiring an additional 134 shares during the last quarter. Private Advisor Group LLC boosted its stake in Sempra by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider’s stock worth $731,000 after buying an additional 139 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in Sempra by 0.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 46,518 shares of the utilities provider’s stock valued at $3,890,000 after buying an additional 158 shares during the period. CX Institutional increased its stake in shares of Sempra by 5.5% during the 3rd quarter. CX Institutional now owns 3,083 shares of the utilities provider’s stock valued at $258,000 after acquiring an additional 161 shares during the last quarter. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of Sempra by 4.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 4,031 shares of the utilities provider’s stock worth $337,000 after acquiring an additional 163 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

About Sempra

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.