FY2030 Earnings Estimate for Sempra Energy Issued By KeyCorp

Sempra Energy (NYSE:SREFree Report) – Research analysts at KeyCorp issued their FY2030 earnings per share estimates for shares of Sempra Energy in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will post earnings per share of $7.05 for the year. The consensus estimate for Sempra Energy’s current full-year earnings is $5.12 per share.

A number of other research analysts have also issued reports on the stock. TD Cowen initiated coverage on shares of Sempra Energy in a research note on Wednesday, July 8th. They set a “buy” rating on the stock. Wall Street Zen raised Sempra Energy from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Truist Financial set a $104.00 target price on Sempra Energy and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Barclays cut their price objective on Sempra Energy from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Sempra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $104.23.

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Sempra Energy Price Performance

Shares of NYSE SRE opened at $90.71 on Monday. The company has a market cap of $59.30 billion, a PE ratio of 30.75, a P/E/G ratio of 2.19 and a beta of 0.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.69 and a quick ratio of 1.66. Sempra Energy has a 1-year low of $78.97 and a 1-year high of $101.04. The stock has a fifty day moving average price of $91.94 and a 200 day moving average price of $92.50.

Sempra Energy (NYSE:SREGet Free Report) last announced its earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, meeting the consensus estimate of $1.51. The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The company’s revenue was down 3.9% on a year-over-year basis. During the same period last year, the business posted $1.44 EPS. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.870-5.370 EPS.

Institutional Investors Weigh In On Sempra Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Sempra Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 76,734,070 shares of the utilities provider’s stock worth $6,774,907,000 after buying an additional 1,008,476 shares during the period. State Street Corp increased its stake in shares of Sempra Energy by 5.2% during the 4th quarter. State Street Corp now owns 36,810,449 shares of the utilities provider’s stock valued at $3,273,460,000 after acquiring an additional 1,824,280 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Sempra Energy by 17.0% during the 4th quarter. Morgan Stanley now owns 22,330,091 shares of the utilities provider’s stock worth $1,971,524,000 after acquiring an additional 3,250,783 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Sempra Energy by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 14,298,845 shares of the utilities provider’s stock worth $1,256,592,000 after acquiring an additional 116,554 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Sempra Energy by 16.6% in the fourth quarter. JPMorgan Chase & Co. now owns 12,163,523 shares of the utilities provider’s stock worth $1,073,918,000 after acquiring an additional 1,735,516 shares during the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

Insider Activity at Sempra Energy

In other Sempra Energy news, Director Pablo Ferrero sold 2,600 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $89.53, for a total value of $232,778.00. Following the transaction, the director directly owned 15,423 shares in the company, valued at approximately $1,380,821.19. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Caroline Ann Winn sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $90.55, for a total transaction of $724,400.00. Following the sale, the executive vice president owned 25,164 shares in the company, valued at approximately $2,278,600.20. This trade represents a 24.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 13,900 shares of company stock valued at $1,261,207. 0.31% of the stock is owned by corporate insiders.

Sempra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th were issued a $0.6575 dividend. This represents a $2.63 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 25th. Sempra Energy’s dividend payout ratio is 89.15%.

Sempra Energy Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Sempra Energy (NYSE:SRE)

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