Sempra (NYSE:SRE – Free Report) – Analysts at KeyCorp boosted their FY2026 earnings per share (EPS) estimates for shares of Sempra in a research report issued on Tuesday, December 3rd. KeyCorp analyst S. Karp now forecasts that the utilities provider will post earnings of $5.56 per share for the year, up from their previous estimate of $5.54. The consensus estimate for Sempra’s current full-year earnings is $4.76 per share. KeyCorp also issued estimates for Sempra’s FY2027 earnings at $5.90 EPS.
Other equities analysts have also recently issued research reports about the company. Wells Fargo & Company upped their price target on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. 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. BMO Capital Markets boosted their price target on shares of Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Morgan Stanley increased their price objective on shares of Sempra from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Finally, Barclays upped their price target on shares of Sempra from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. 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 Trading Down 1.5 %
SRE stock opened at $89.60 on Friday. Sempra has a 52-week low of $66.40 and a 52-week high of $95.77. 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 firm has a market cap of $56.75 billion, a P/E ratio of 19.74, a PEG ratio of 2.51 and a beta of 0.77. The company’s 50-day simple moving average is $87.56 and its 200-day simple moving average is $81.77.
Sempra (NYSE:SRE – Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter in the prior year, the company posted $1.08 EPS. The company’s revenue for the quarter was down 16.7% on a year-over-year basis.
Sempra Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be issued a $0.62 dividend. The ex-dividend date is Thursday, December 5th. This represents a $2.48 annualized dividend and a dividend yield of 2.77%. Sempra’s dividend payout ratio is presently 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 transaction, the vice president now directly owns 11,190 shares of the company’s stock, valued at $1,041,677.10. The trade was a 67.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.24% of the stock is currently owned by company insiders.
Institutional Trading of Sempra
A number of hedge funds and other institutional investors have recently made changes to their positions in SRE. FMR LLC lifted its position in Sempra by 9.1% in the third quarter. FMR LLC now owns 18,978,605 shares of the utilities provider’s stock valued at $1,587,181,000 after buying an additional 1,582,653 shares during the last quarter. State Street Corp raised its stake in shares of Sempra by 4.9% in the 3rd 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 period. Clearbridge Investments LLC lifted its holdings in shares of Sempra by 6.9% in the 2nd quarter. Clearbridge Investments LLC now owns 13,452,912 shares of the utilities provider’s stock worth $1,023,228,000 after acquiring an additional 874,133 shares during the last quarter. National Bank of Canada FI boosted its position in shares of Sempra by 201.2% during the 3rd quarter. National Bank of Canada FI now owns 620,394 shares of the utilities provider’s stock worth $51,882,000 after purchasing an additional 414,406 shares during the period. Finally, Unigestion Holding SA acquired a new stake in Sempra in the 3rd quarter valued at approximately $33,023,000. 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.
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