Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $4.90-5.25 for the period, compared to the consensus estimate of $5.15. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.

Analysts Set New Price Targets

SRE has been the subject of a number of analyst reports. BMO Capital Markets boosted their price target on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Barclays raised their target price on shares of Sempra from $87.00 to $89.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Wells Fargo & Company raised their price objective on shares of Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday. Morgan Stanley raised their price target on Sempra from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Finally, Bank of America initiated coverage on Sempra in a research note on Thursday, September 12th. They issued a “buy” rating and a $94.00 price target for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $89.00.

Sempra Stock Up 1.7 %

Shares of Sempra stock traded up $1.49 on Friday, reaching $91.25. 2,509,931 shares of the company were exchanged, compared to its average volume of 2,889,986. The company has a market capitalization of $57.77 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 2.82 and a beta of 0.75. The company has a current ratio of 0.52, a quick ratio of 0.41 and a debt-to-equity ratio of 0.86. Sempra has a one year low of $66.40 and a one year high of $91.88. The company has a 50-day moving average of $83.26 and a 200 day moving average of $79.00.

Sempra (NYSE:SRE) last issued its earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.17). Sempra had a net margin of 22.63% and a return on equity of 8.01%. The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $3.54 billion. During the same quarter last year, the business posted $1.08 earnings per share. The company’s revenue for the quarter was down 16.7% on a year-over-year basis. On average, equities research analysts forecast that Sempra will post 4.77 earnings per share for the current year.

Sempra Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be issued a dividend of $0.62 per share. The ex-dividend date is Thursday, December 5th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.72%. Sempra’s dividend payout ratio (DPR) is presently 54.63%.

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.