Sempra (NYSE:SRE) Updates FY 2025 Earnings Guidance

Sempra (NYSE:SRE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.900-5.250 for the period, compared to the consensus earnings per share estimate of 5.140. The company issued revenue guidance of -. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on SRE shares. Barclays lifted their price target on Sempra from $87.00 to $89.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. BMO Capital Markets raised their target price on Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Bank of America began coverage on Sempra in a research report on Thursday, September 12th. They set a “buy” rating and a $94.00 price target for the company. Morgan Stanley raised their price objective on Sempra from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Finally, Evercore ISI upped their target price on shares of Sempra from $83.00 to $84.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $87.55.

Sempra Stock Performance

NYSE SRE traded up $2.22 on Wednesday, reaching $84.47. The stock had a trading volume of 757,375 shares, compared to its average volume of 2,846,010. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.41 and a current ratio of 0.46. The stock has a market cap of $53.48 billion, a P/E ratio of 17.57, a price-to-earnings-growth ratio of 2.61 and a beta of 0.75. The business’s 50-day moving average price is $83.12 and its 200 day moving average price is $78.93. Sempra has a 12-month low of $66.40 and a 12-month high of $86.57.

Sempra (NYSE:SRE) last posted its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.03). Sempra had a return on equity of 8.58% and a net margin of 22.31%. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same period last year, the company earned $0.94 earnings per share. The business’s revenue for the quarter was down 9.7% compared to the same quarter last year. As a group, equities analysts expect that Sempra will post 4.77 earnings per share for the current year.

Sempra Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 26th were paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend was Thursday, September 26th. Sempra’s payout ratio is currently 52.99%.

About Sempra

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.