Sempra (NYSE:SRE – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.900-5.250 for the period, compared to the consensus estimate of 5.160. The company issued revenue guidance of -. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.
Sempra Price Performance
Shares of NYSE SRE traded up $0.84 during mid-day trading on Friday, reaching $78.41. The company had a trading volume of 2,514,485 shares, compared to its average volume of 3,001,310. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.57 and a current ratio of 0.62. Sempra has a one year low of $63.75 and a one year high of $83.68. The firm has a market cap of $49.41 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 2.83 and a beta of 0.74. The business’s 50-day simple moving average is $76.82 and its 200 day simple moving average is $73.55.
Sempra (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.03). Sempra had a return on equity of 8.95% and a net margin of 20.99%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter in the previous year, the business posted $0.94 EPS. The firm’s revenue for the quarter was down 9.7% on a year-over-year basis. On average, research analysts predict that Sempra will post 4.8 earnings per share for the current fiscal year.
Sempra Announces Dividend
Analysts Set New Price Targets
A number of research firms have issued reports on SRE. Wells Fargo & Company lifted their target price on Sempra from $79.00 to $84.00 and gave the company an overweight rating in a research report on Wednesday, May 8th. Morgan Stanley decreased their target price on Sempra from $79.00 to $76.00 and set an equal weight rating on the stock in a research report on Monday, June 24th. Evercore ISI lifted their target price on Sempra from $83.00 to $84.00 and gave the company an outperform rating in a research report on Wednesday. BMO Capital Markets decreased their target price on Sempra from $86.00 to $84.00 and set an outperform rating on the stock in a research report on Wednesday, July 10th. Finally, Mizuho boosted their price target on Sempra from $79.00 to $86.00 and gave the stock a buy rating in a report on Friday, May 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average target price of $82.27.
Read Our Latest Research Report on SRE
Insider Transactions at Sempra
In related news, Director Richard J. Mark acquired 1,925 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were bought at an average cost of $77.97 per share, with a total value of $150,092.25. Following the completion of the purchase, the director now directly owns 5,420 shares in the company, valued at $422,597.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Sempra news, CAO Peter R. Wall sold 6,100 shares of the business’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $75.07, for a total value of $457,927.00. Following the transaction, the chief accounting officer now directly owns 14,751 shares of the company’s stock, valued at $1,107,357.57. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard J. Mark acquired 1,925 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were purchased at an average price of $77.97 per share, with a total value of $150,092.25. Following the acquisition, the director now owns 5,420 shares of the company’s stock, valued at $422,597.40. The disclosure for this purchase can be found here. Company insiders own 0.24% 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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