Sempra Energy (NYSE:SRE – Free Report) – Equities research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Sempra Energy in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst I. Rapp now forecasts that the utilities provider will post earnings per share of $5.07 for the year, down from their previous estimate of $5.08. Scotiabank has a “Sector Perform” rating and a $83.00 price objective on the stock. The consensus estimate for Sempra Energy’s current full-year earnings is $5.13 per share.
A number of other research analysts have also issued reports on SRE. Morgan Stanley cut their price target on shares of Sempra Energy from $104.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, September 18th. Truist Financial set a $94.00 price objective on shares of Sempra Energy and gave the stock a “buy” rating in a research note on Wednesday, October 14th. The Goldman Sachs Group boosted their price objective on shares of Sempra Energy from $109.00 to $110.00 and gave the company a “buy” rating in a report on Monday, August 10th. LADENBURG THALM/SH SH cut their target price on Sempra Energy from $98.00 to $89.50 and set a “buy” rating on the stock in a research report on Tuesday, September 22nd. Finally, Mizuho lowered Sempra Energy from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $104.00 to $84.00 in a research note on Monday, August 31st. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Sempra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $100.53.
Read Our Latest Analysis on SRE
Sempra Energy Stock Down 3.0%
SRE stock opened at $82.79 on Thursday. The firm has a 50 day moving average of $82.28 and a 200 day moving average of $89.34. The stock has a market capitalization of $54.13 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 2.35 and a beta of 0.55. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. Sempra Energy has a 52 week low of $76.21 and a 52 week high of $101.04.
Sempra Energy (NYSE:SRE – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%. The company’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bridgewater Advisors Inc. increased its stake in shares of Sempra Energy by 2.2% in the 1st quarter. Bridgewater Advisors Inc. now owns 6,614 shares of the utilities provider’s stock valued at $643,000 after purchasing an additional 140 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its position in Sempra Energy by 4.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 4,040 shares of the utilities provider’s stock worth $315,000 after purchasing an additional 156 shares in the last quarter. CX Institutional boosted its position in Sempra Energy by 3.9% during the second quarter. CX Institutional now owns 4,204 shares of the utilities provider’s stock worth $390,000 after purchasing an additional 158 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Sempra Energy by 5.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 2,876 shares of the utilities provider’s stock worth $267,000 after purchasing an additional 158 shares in the last quarter. Finally, Grove Bank & Trust grew its holdings in Sempra Energy by 1.9% in the third quarter. Grove Bank & Trust now owns 8,375 shares of the utilities provider’s stock valued at $653,000 after purchasing an additional 159 shares during the period. 89.65% of the stock is currently owned by institutional investors and hedge funds.
Sempra Energy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, September 24th were issued a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 24th. Sempra Energy’s dividend payout ratio (DPR) is 76.23%.
Sempra Energy Company Profile
Sempra is an energy infrastructure company headquartered in San Diego, California. Through its regulated utility businesses, the company provides natural gas and electric service to customers in California, including through Southern California Gas Company and San Diego Gas & Electric Company.
Sempra also develops, owns, and operates energy infrastructure in North America. Its activities include natural gas pipelines and storage, liquefied natural gas infrastructure, renewable energy and battery storage projects, and electric transmission and distribution assets.
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