Sempra Energy (NYSE:SRE – Get Free Report) declared a quarterly dividend on Wednesday, November 11th. Shareholders of record on Thursday, December 10th will be given a dividend of $0.6575 per share by the utilities provider on Friday, January 15th. This represents a $2.63 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, December 10th.
Sempra Energy has a payout ratio of 52.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Sempra Energy to earn $5.54 per share next year, which means the company should continue to be able to cover its $2.63 annual dividend with an expected future payout ratio of 47.5%.
Sempra Energy Stock Performance
Sempra Energy stock opened at $78.33 on Thursday. Sempra Energy has a 12-month low of $76.21 and a 12-month high of $101.04. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 0.77. The business’s 50-day moving average price is $81.75 and its two-hundred day moving average price is $89.12. The stock has a market cap of $51.24 billion, a PE ratio of 16.77, a P/E/G ratio of 2.15 and a beta of 0.55.
Sempra Energy (NYSE:SRE – Get Free Report) last posted its earnings results on Thursday, November 5th. The utilities provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.18. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Sempra Energy had a net margin of 22.53% and a return on equity of 8.84%. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.11 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. As a group, analysts expect that Sempra Energy will post 5.15 earnings per share for the current fiscal year.
Institutional Trading of Sempra Energy
A number of hedge funds have recently made changes to their positions in SRE. BlackRock Inc. bought a new stake in shares of Sempra Energy during the second quarter worth about $5,588,577,000. State Street Corp bought a new position in Sempra Energy during the 3rd quarter worth $3,082,427,000. Bank of America Corp DE acquired a new position in Sempra Energy during the 2nd quarter worth about $957,056,000. Deutsche Bank AG bought a new stake in shares of Sempra Energy in the 2nd quarter valued at about $896,599,000. Finally, Legal & General Group Plc bought a new position in Sempra Energy during the 2nd quarter worth approximately $538,775,000. 89.65% of the stock is owned by institutional investors and hedge funds.
Sempra Energy Company Profile
Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.
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