Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $4.30-4.70 for the period, compared to the consensus EPS estimate of $5.16.

Analysts Set New Price Targets

A number of equities analysts have commented on SRE shares. Evercore ISI lifted their target price on shares of Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Morgan Stanley upgraded shares of Sempra from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $85.00 to $98.00 in a report on Friday, December 13th. Wells Fargo & Company upped their price objective on Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, Barclays cut their target price on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $91.20.

Sempra Trading Up 0.1 %

SRE opened at $87.20 on Tuesday. 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 business has a fifty day simple moving average of $84.29 and a 200-day simple moving average of $84.98. The firm has a market cap of $55.23 billion, a P/E ratio of 19.21, a P/E/G ratio of 2.19 and a beta of 0.78.

Sempra (NYSE:SRE) last posted its earnings results on Tuesday, February 25th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.03. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $4.90 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. Sempra’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. On average, equities analysts expect that Sempra will post 4.76 earnings per share for the current year.

Sempra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 20th will be paid a dividend of $0.645 per share. This is an increase from Sempra’s previous quarterly dividend of $0.62. This represents a $2.58 annualized dividend and a yield of 2.96%. Sempra’s dividend payout ratio is presently 54.63%.

Insiders Place Their Bets

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total value of $225,717.15. Following the sale, the senior vice president now owns 13,905 shares of the company’s stock, valued at $1,139,236.65. This trade represents a 16.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey W. Martin sold 49,737 shares of Sempra stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $82.94, for a total value of $4,125,186.78. Following the completion of the transaction, the chief executive officer now owns 2 shares of the company’s stock, valued at $165.88. The trade was a 100.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by company insiders.

Sempra 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.