Sempra Energy (NYSE:SRE – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 4.250-4.650 for the period, compared to the consensus earnings per share estimate of 5.060. The company issued revenue guidance of -. Sempra Energy also updated its FY 2025 guidance to 4.300-4.700 EPS.
Wall Street Analyst Weigh In
A number of brokerages recently commented on SRE. Citigroup dropped their price target on Sempra Energy from $93.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, April 9th. Jefferies Financial Group dropped their price target on Sempra Energy from $77.00 to $75.00 and set a “hold” rating for the company in a research note on Tuesday, April 15th. Argus lowered Sempra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. BMO Capital Markets raised their price target on Sempra Energy from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Monday, May 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $88.00 price target (up previously from $87.00) on shares of Sempra Energy in a research note on Wednesday, June 18th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $80.83.
Check Out Our Latest Stock Report on Sempra Energy
Sempra Energy Price Performance
Sempra Energy (NYSE:SRE – Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The utilities provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.12. The business had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.90 billion. Sempra Energy had a return on equity of 8.55% and a net margin of 22.15%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 earnings per share. Research analysts predict that Sempra Energy will post 4.76 earnings per share for the current fiscal year.
Sempra Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Thursday, June 26th will be issued a dividend of $0.645 per share. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $2.58 annualized dividend and a dividend yield of 3.43%. Sempra Energy’s payout ratio is presently 56.70%.
Insider Activity
In other news, insider Diana L. Day sold 8,015 shares of the firm’s stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $74.26, for a total transaction of $595,193.90. Following the completion of the transaction, the insider now directly owns 16,969 shares in the company, valued at $1,260,117.94. This trade represents a 32.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Justin Christopher Bird sold 4,817 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $71.23, for a total value of $343,114.91. Following the transaction, the executive vice president now owns 19,778 shares of the company’s stock, valued at $1,408,786.94. The trade was a 19.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.
Hedge Funds Weigh In On Sempra Energy
An institutional investor recently raised its position in Sempra Energy stock. Empowered Funds LLC lifted its holdings in shares of Sempra Energy (NYSE:SRE – Free Report) by 52.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,008 shares of the utilities provider’s stock after buying an additional 6,196 shares during the period. Empowered Funds LLC’s holdings in Sempra Energy were worth $1,285,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 89.65% of the company’s stock.
Sempra Energy Company Profile
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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