Sempra (NYSE:SRE) Releases FY25 Earnings Guidance

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

Sempra Stock Performance

Shares of NYSE SRE traded down $0.74 during midday trading on Thursday, reaching $72.11. The company’s stock had a trading volume of 6,174,925 shares, compared to its average volume of 5,274,188. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47. The stock has a market capitalization of $45.68 billion, a P/E ratio of 15.92, a PEG ratio of 2.19 and a beta of 0.78. The firm has a 50 day moving average price of $83.71 and a 200-day moving average price of $84.84. Sempra has a 12-month low of $64.89 and a 12-month high of $95.77.

Sempra (NYSE:SRE) last announced its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.03. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $4.73 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. As a group, equities analysts predict that Sempra will post 4.76 earnings per share for the current year.

Sempra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 20th will be paid a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 3.58%. This is a boost from Sempra’s previous quarterly dividend of $0.62. The ex-dividend date is Thursday, March 20th. Sempra’s payout ratio is presently 56.11%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SRE. Barclays lowered shares of Sempra from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $95.00 to $72.00 in a research note on Thursday. Guggenheim lowered their target price on Sempra from $95.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday. The Goldman Sachs Group downgraded Sempra from a “buy” rating to a “neutral” rating and cut their price target for the stock from $99.00 to $76.00 in a research note on Wednesday. Mizuho dropped their price objective on shares of Sempra from $92.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Evercore ISI upped their price target on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.54.

Insider Buying and Selling

In other news, CEO Jeffrey W. Martin sold 49,737 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 2 shares of the company’s stock, valued at approximately $165.88. The trade was a 100.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total transaction of $225,717.15. Following the completion of the sale, the senior vice president now directly owns 13,905 shares in the company, valued at $1,139,236.65. This represents 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.

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.