Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $4.30-4.70 for the period, compared to the consensus EPS estimate of $5.16. Sempra also updated its FY 2025 guidance to 4.300-4.700 EPS.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Sempra from $96.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday. Mizuho cut their price target on shares of Sempra from $92.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday. Morgan Stanley decreased their price objective on Sempra from $100.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday. Evercore ISI raised their price target on shares of Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Guggenheim reduced their price objective on shares of Sempra from $95.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.54.

Sempra Stock Down 1.0 %

SRE traded down $0.74 during midday trading on Thursday, hitting $72.11. The company had a trading volume of 6,174,925 shares, compared to its average volume of 5,274,188. The stock’s 50 day moving average price is $83.71 and its 200 day moving average price is $84.84. Sempra has a 52 week low of $64.89 and a 52 week high of $95.77. The company has a market capitalization of $45.68 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 2.19 and a beta of 0.78. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89.

Sempra (NYSE:SRE) last issued its earnings results on Tuesday, February 25th. The utilities provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.03. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The business had revenue of $3.76 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same period in the previous year, the company posted $1.13 EPS. The firm’s revenue was up 7.6% compared to the same quarter last year. On average, research analysts anticipate that Sempra will post 4.76 earnings per share for the current fiscal year.

Sempra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.645 per share. This is a boost from Sempra’s previous quarterly dividend of $0.62. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend is Thursday, March 20th. Sempra’s dividend payout ratio (DPR) is currently 56.11%.

Insider Buying and Selling

In related news, CEO Jeffrey W. Martin sold 49,737 shares of Sempra stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the transaction, the chief executive officer now owns 2 shares of the company’s stock, valued at $165.88. The trade was a 100.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the sale, the senior vice president now directly owns 13,905 shares of the company’s stock, valued at $1,139,236.65. The trade was a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by company insiders.

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.