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 $4.90-5.25 for the period, compared to the consensus earnings per share estimate of $5.16. Sempra also updated its FY24 guidance to $4.60-4.90 EPS.

Analyst Upgrades and Downgrades

SRE has been the subject of several recent analyst reports. Morgan Stanley upped their price target on Sempra from $74.00 to $75.00 and gave the stock an equal weight rating in a research note on Thursday, March 21st. Barclays increased their price target on Sempra from $77.00 to $79.00 and gave the company an overweight rating in a report on Thursday, March 14th. Royal Bank of Canada restated an outperform rating and issued a $82.00 price objective on shares of Sempra in a research note on Wednesday, March 6th. BMO Capital Markets upgraded shares of Sempra from a market perform rating to an outperform rating and lifted their target price for the stock from $76.00 to $84.00 in a report on Thursday, January 11th. Finally, StockNews.com cut shares of Sempra from a hold rating to a sell rating in a report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Sempra presently has a consensus rating of Moderate Buy and a consensus price target of $82.23.

Sempra Price Performance

Shares of SRE stock opened at $76.18 on Friday. The stock’s fifty day moving average is $70.84 and its 200-day moving average is $71.89. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.49 and a current ratio of 0.54. Sempra has a 52 week low of $63.75 and a 52 week high of $78.70. The stock has a market capitalization of $48.16 billion, a PE ratio of 15.90, a PEG ratio of 2.52 and a beta of 0.70.

Sempra (NYSE:SRE) last posted its quarterly earnings data on Tuesday, May 7th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.01). The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $5.58 billion. Sempra had a return on equity of 9.45% and a net margin of 18.26%. The firm’s quarterly revenue was down 44.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.46 EPS. Equities research analysts expect that Sempra will post 4.82 EPS for the current fiscal year.

Sempra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 21st were paid a $0.62 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.26%. This is an increase from Sempra’s previous quarterly dividend of $0.60. Sempra’s dividend payout ratio is 51.77%.

Insider Activity at Sempra

In other news, VP Trevor I. Mihalik sold 57,571 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $70.59, for a total transaction of $4,063,936.89. Following the completion of the transaction, the vice president now directly owns 10,922 shares in the company, valued at approximately $770,983.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, VP Trevor I. Mihalik sold 57,571 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $70.59, for a total transaction of $4,063,936.89. Following the completion of the transaction, the vice president now directly owns 10,922 shares in the company, valued at approximately $770,983.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Justin Christopher Bird sold 5,063 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $71.22, for a total value of $360,586.86. Following the transaction, the executive vice president now owns 19,712 shares of the company’s stock, valued at $1,403,888.64. The disclosure for this sale can be found here. Over the last quarter, insiders sold 122,432 shares of company stock worth $8,668,035. 0.27% of the stock is owned by 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.