Sempra Energy (NYSE:SRE – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.700-4.700 for the period, compared to the consensus EPS estimate of 4.560. The company issued revenue guidance of -.
Sempra Energy Stock Up 0.3%
NYSE SRE opened at $89.12 on Tuesday. The company has a current ratio of 1.59, a quick ratio of 1.56 and a debt-to-equity ratio of 0.76. Sempra Energy has a 1-year low of $61.90 and a 1-year high of $95.72. The company has a 50 day moving average of $90.21 and a 200-day moving average of $85.98. The company has a market cap of $58.16 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 2.38 and a beta of 0.74.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.27. The business had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $2.99 billion. Sempra Energy had a return on equity of 8.67% and a net margin of 15.63%.The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.89 earnings per share. On average, equities research analysts expect that Sempra Energy will post 4.76 earnings per share for the current fiscal year.
Sempra Energy Dividend Announcement
Analyst Ratings Changes
A number of brokerages have issued reports on SRE. Wall Street Zen upgraded shares of Sempra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Citigroup reaffirmed a “neutral” rating and set a $99.00 price target (up previously from $80.00) on shares of Sempra Energy in a report on Monday, November 24th. BTIG Research upgraded shares of Sempra Energy to a “strong-buy” rating in a research report on Wednesday, October 22nd. Barclays lowered their price objective on shares of Sempra Energy from $101.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $96.17.
Get Our Latest Analysis on SRE
Insider Transactions at Sempra Energy
In related news, SVP Alexander Lisa Larroque sold 4,322 shares of the business’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $92.55, for a total transaction of $400,001.10. Following the sale, the senior vice president owned 11,325 shares in the company, valued at $1,048,128.75. The trade was a 27.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Karen L. Sedgwick sold 7,564 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $92.29, for a total value of $698,081.56. Following the completion of the transaction, the chief financial officer owned 41,280 shares of the company’s stock, valued at $3,809,731.20. This represents a 15.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 19,396 shares of company stock worth $1,785,606. 0.27% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Sempra Energy
Institutional investors have recently added to or reduced their stakes in the business. State Street Corp increased its position in shares of Sempra Energy by 1.8% during the third quarter. State Street Corp now owns 34,986,169 shares of the utilities provider’s stock worth $3,148,055,000 after buying an additional 606,101 shares during the period. Invesco Ltd. lifted its holdings in Sempra Energy by 40.1% in the third quarter. Invesco Ltd. now owns 10,419,115 shares of the utilities provider’s stock valued at $937,512,000 after buying an additional 2,984,409 shares during the period. Northern Trust Corp boosted its position in Sempra Energy by 1.0% during the third quarter. Northern Trust Corp now owns 6,739,419 shares of the utilities provider’s stock valued at $606,413,000 after acquiring an additional 65,358 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Sempra Energy by 10.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,517,794 shares of the utilities provider’s stock worth $192,547,000 after acquiring an additional 242,535 shares during the period. Finally, Merewether Investment Management LP grew its holdings in Sempra Energy by 16.2% during the 3rd quarter. Merewether Investment Management LP now owns 1,949,432 shares of the utilities provider’s stock worth $175,410,000 after acquiring an additional 272,500 shares during the period. 89.65% of the stock is owned by institutional investors.
About Sempra Energy
Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.
The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.
Further Reading
- Five stocks we like better than Sempra Energy
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- This stock gets a 94 out of 100
Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
