Sempra Energy (SRE) Receives Daily Coverage Optimism Score of 0.11
News articles about Sempra Energy (NYSE:SRE) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sempra Energy earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.7471618908233 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Shares now down at $118.55 (SRE) Sempra Energy Declares Common Dividend – First News 24 (firstnewspaper24.com)
- Analyzing Sempra Energy (SRE) and CenterPoint Energy (CNP) (americanbankingnews.com)
- Sempra Energy (SRE) Declares Quarterly Dividend of $0.82 (americanbankingnews.com)
- Analysts Predict Sempra Energy (NYSE:SRE) Stock Can Get To A $30.68B Market Cap – AllStockNews (allstocknews.com)
- Critical Comparison: Public Service Enterprise Group Incorporated (PEG) vs. Sempra Energy (SRE) – StockNewsGazette (stocknewsgazette.com)
A number of equities research analysts have weighed in on the company. Morgan Stanley raised their target price on Sempra Energy from $131.00 to $134.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. BidaskClub upgraded Sempra Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, June 21st. Royal Bank Of Canada reiterated a “buy” rating and issued a $117.00 price target on shares of Sempra Energy in a research note on Monday, July 24th. Barclays PLC cut Sempra Energy from an “overweight” rating to an “equal weight” rating and set a $121.00 price target for the company. in a research note on Thursday, June 8th. Finally, Zacks Investment Research cut Sempra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $121.00.
Shares of Sempra Energy (NYSE:SRE) traded up 0.16% on Friday, reaching $119.16. The company had a trading volume of 568,800 shares. Sempra Energy has a one year low of $92.95 and a one year high of $119.66. The company’s 50-day moving average is $116.57 and its 200-day moving average is $113.19. The company has a market capitalization of $29.92 billion, a PE ratio of 17.62 and a beta of 0.55.
Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Friday, August 4th. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.30. Sempra Energy had a net margin of 15.51% and a return on equity of 9.11%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the business posted $0.79 earnings per share. The company’s revenue was up 17.5% on a year-over-year basis. Equities research analysts predict that Sempra Energy will post $5.23 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Sunday, October 15th. Shareholders of record on Friday, September 22nd will be given a dividend of $0.8225 per share. This represents a $3.29 annualized dividend and a yield of 2.76%. Sempra Energy’s payout ratio is 48.74%.
Sempra Energy Company Profile
Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.
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