FY2025 EPS Estimates for Sempra Increased by Seaport Res Ptn

Sempra (NYSE:SREFree Report) – Equities researchers at Seaport Res Ptn boosted their FY2025 EPS estimates for shares of Sempra in a note issued to investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $5.15 per share for the year, up from their previous forecast of $5.14. The consensus estimate for Sempra’s current full-year earnings is $4.76 per share. Seaport Res Ptn also issued estimates for Sempra’s FY2026 earnings at $5.47 EPS and FY2027 earnings at $5.78 EPS.

Several other equities analysts have also recently commented on the stock. Bank of America assumed coverage on shares of Sempra in a research report on Thursday, September 12th. They set a “buy” rating and a $94.00 price target on the stock. Jefferies Financial Group assumed coverage on Sempra in a report on Thursday, October 24th. They set a “buy” rating and a $98.00 target price on the stock. Barclays boosted their price target on Sempra from $89.00 to $99.00 and gave the company an “overweight” rating in a report on Monday, December 2nd. Morgan Stanley upgraded Sempra from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $85.00 to $98.00 in a research note on Friday, December 13th. Finally, Wells Fargo & Company boosted their target price on shares of Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.60.

Check Out Our Latest Research Report on SRE

Sempra Trading Down 1.7 %

NYSE SRE opened at $82.79 on Wednesday. The company has a market capitalization of $52.44 billion, a price-to-earnings ratio of 18.24, a price-to-earnings-growth ratio of 2.45 and a beta of 0.78. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47. Sempra has a 12 month low of $66.40 and a 12 month high of $95.77. The company’s fifty day moving average price is $89.06 and its two-hundred day moving average price is $83.58.

Sempra (NYSE:SREGet Free Report) last announced its earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.16). The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $3.54 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The firm’s revenue was down 16.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.08 earnings per share.

Institutional Investors Weigh In On Sempra

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in shares of Sempra in the 3rd quarter worth $28,000. Hollencrest Capital Management raised its position in Sempra by 250.0% in the third quarter. Hollencrest Capital Management now owns 378 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 270 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Sempra in the 2nd quarter valued at about $33,000. LRI Investments LLC boosted its position in shares of Sempra by 180.4% during the 3rd quarter. LRI Investments LLC now owns 443 shares of the utilities provider’s stock valued at $40,000 after purchasing an additional 285 shares in the last quarter. Finally, Mather Group LLC. grew its stake in shares of Sempra by 35.5% in the 3rd quarter. Mather Group LLC. now owns 740 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 194 shares during the last quarter. Institutional investors own 89.65% of the company’s stock.

Insiders Place Their Bets

In other news, VP Trevor I. Mihalik sold 23,713 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $93.09, for a total value of $2,207,443.17. Following the completion of the sale, the vice president now directly owns 11,190 shares of the company’s stock, valued at approximately $1,041,677.10. This represents a 67.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.27% of the stock is currently owned by insiders.

Sempra Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.00%. The ex-dividend date is Thursday, December 5th. Sempra’s payout ratio is currently 54.63%.

About Sempra

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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.

Further Reading

Earnings History and Estimates for Sempra (NYSE:SRE)

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