Sempra (NYSE:SRE) Issues FY 2025 Earnings Guidance

Sempra (NYSE:SRE) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.900-5.250 for the period, compared to the consensus earnings per share estimate of 5.160. The company issued revenue guidance of -. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.

Analysts Set New Price Targets

Several research firms recently commented on SRE. Evercore ISI boosted their target price on Sempra from $83.00 to $84.00 and gave the stock an outperform rating in a research note on Wednesday. Mizuho raised their target price on Sempra from $79.00 to $86.00 and gave the stock a buy rating in a research report on Friday, May 17th. Morgan Stanley dropped their price objective on Sempra from $79.00 to $76.00 and set an equal weight rating on the stock in a report on Monday, June 24th. BMO Capital Markets reduced their target price on Sempra from $86.00 to $84.00 and set an outperform rating for the company in a report on Wednesday, July 10th. Finally, Wells Fargo & Company boosted their price objective on Sempra from $79.00 to $84.00 and gave the company an overweight rating in a research note on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Sempra presently has a consensus rating of Moderate Buy and an average price target of $82.27.

Sempra Price Performance

Shares of SRE traded up $0.84 during mid-day trading on Friday, hitting $78.41. The company’s stock had a trading volume of 2,514,485 shares, compared to its average volume of 3,001,310. The company has a current ratio of 0.62, a quick ratio of 0.57 and a debt-to-equity ratio of 0.87. The firm has a 50-day simple moving average of $76.82 and a 200 day simple moving average of $73.55. The firm has a market capitalization of $49.41 billion, a P/E ratio of 17.30, a P/E/G ratio of 2.83 and a beta of 0.74. Sempra has a 1-year low of $63.75 and a 1-year high of $83.68.

Sempra (NYSE:SRE) last released its quarterly earnings data on Tuesday, August 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.03). Sempra had a net margin of 20.99% and a return on equity of 8.95%. The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3.46 billion. During the same period in the previous year, the business earned $0.94 earnings per share. The business’s revenue for the quarter was down 9.7% on a year-over-year basis. Analysts predict that Sempra will post 4.8 EPS for the current fiscal year.

Sempra Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Thursday, June 27th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend was Thursday, June 27th. Sempra’s payout ratio is 54.99%.

Insiders Place Their Bets

In other Sempra news, CAO Peter R. Wall sold 6,100 shares of the firm’s stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of $75.07, for a total transaction of $457,927.00. Following the completion of the transaction, the chief accounting officer now owns 14,751 shares of the company’s stock, valued at $1,107,357.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Richard J. Mark bought 1,925 shares of Sempra stock in a transaction that occurred on Friday, May 17th. The shares were purchased at an average price of $77.97 per share, for a total transaction of $150,092.25. Following the completion of the acquisition, the director now owns 5,420 shares of the company’s stock, valued at $422,597.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Peter R. Wall sold 6,100 shares of the business’s stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $75.07, for a total value of $457,927.00. Following the sale, the chief accounting officer now directly owns 14,751 shares of the company’s stock, valued at approximately $1,107,357.57. The disclosure for this sale can be found here. 0.24% of the stock is currently 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.