Seaport Res Ptn Analysts Boost Earnings Estimates for Sempra

Sempra (NYSE:SRE - Free Report) - Investment analysts at Seaport Res Ptn raised their FY2025 earnings per share estimates for shares of Sempra in a research report issued to clients and investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $5.15 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.

Other equities analysts also recently issued reports about the stock. Jefferies Financial Group began coverage on shares of Sempra in a research note on Thursday, October 24th. They issued a "buy" rating and a $98.00 price target on the stock. Morgan Stanley upgraded shares of Sempra from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $85.00 to $98.00 in a research report on Friday, December 13th. Bank of America started coverage on Sempra in a research note on Thursday, September 12th. They issued a "buy" rating and a $94.00 price objective for the company. Wells Fargo & Company raised their price objective on Sempra from $87.00 to $96.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Finally, BMO Capital Markets increased their price target on Sempra from $93.00 to $96.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $91.60.

Sempra Stock Performance

Shares of SRE traded down $1.44 during mid-day trading on Wednesday, reaching $82.79. The company's stock had a trading volume of 6,214,444 shares, compared to its average volume of 3,744,073. Sempra has a 1-year low of $66.40 and a 1-year high of $95.77. The stock has a market cap of $52.44 billion, a P/E ratio of 18.24, a PEG ratio of 2.45 and a beta of 0.78. The business has a 50-day simple moving average of $89.09 and a two-hundred day simple moving average of $83.59. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89.

Sempra (NYSE:SRE - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.16). The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $3.54 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The firm's quarterly revenue was down 16.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.08 earnings per share.

Sempra Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors 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 of this dividend is Thursday, December 5th. Sempra's payout ratio is currently 54.63%.

Insider Buying and Selling

In other news, VP Trevor I. Mihalik sold 23,713 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $93.09, for a total value of $2,207,443.17. Following the transaction, the vice president now owns 11,190 shares of the company's stock, valued at $1,041,677.10. This trade represents a 67.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SRE. Eastern Bank purchased a new stake in shares of Sempra during the 3rd quarter worth $28,000. Hollencrest Capital Management grew its stake in shares of Sempra by 250.0% during the 3rd quarter. Hollencrest Capital Management now owns 378 shares of the utilities provider's stock worth $32,000 after purchasing an additional 270 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of Sempra in the second quarter worth about $33,000. LRI Investments LLC increased its position in shares of Sempra by 180.4% in the third quarter. LRI Investments LLC now owns 443 shares of the utilities provider's stock valued at $40,000 after buying an additional 285 shares in the last quarter. Finally, Mather Group LLC. raised its position in Sempra by 35.5% during the third quarter. Mather Group LLC. now owns 740 shares of the utilities provider's stock worth $62,000 after acquiring an additional 194 shares during the period. Hedge funds and other institutional investors own 89.65% of the company's stock.

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.