What is KeyCorp's Forecast for Sempra FY2026 Earnings?

Sempra (NYSE:SRE - Free Report) - Investment analysts at KeyCorp raised their FY2026 earnings estimates for Sempra in a research report issued on Tuesday, December 3rd. KeyCorp analyst S. Karp now expects that the utilities provider will earn $5.56 per share for the year, up from their prior forecast of $5.54. The consensus estimate for Sempra's current full-year earnings is $4.76 per share. KeyCorp also issued estimates for Sempra's FY2027 earnings at $5.90 EPS.

Sempra (NYSE:SRE - Get Free Report) last posted its quarterly earnings results 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). Sempra had a return on equity of 8.06% and a net margin of 22.63%. The business had revenue of $2.78 billion during the quarter, compared to analysts' expectations of $3.54 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. The firm's revenue for the quarter was down 16.7% compared to the same quarter last year.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Sempra from $80.00 to $85.00 and gave the company an "equal weight" rating in a report on Wednesday, September 25th. 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. Jefferies Financial Group began coverage on Sempra in a research note on Thursday, October 24th. They issued a "buy" rating and a $98.00 price target on the stock. BMO Capital Markets upped their price objective on Sempra from $93.00 to $96.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. Finally, Evercore ISI increased their target price on Sempra from $84.00 to $88.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.91.

Sempra Stock Performance

SRE traded down $1.34 during midday trading on Friday, hitting $89.60. 3,265,220 shares of the company traded hands, compared to its average volume of 3,186,882. The company's 50-day moving average is $87.44 and its 200 day moving average is $81.66. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $56.75 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 2.51 and a beta of 0.77. Sempra has a 52 week low of $66.40 and a 52 week high of $95.77.

Sempra Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.77%. Sempra's dividend payout ratio is 54.63%.

Insider Activity

In other Sempra news, VP Trevor I. Mihalik sold 23,713 shares of the business's stock in a transaction dated 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 $1,041,677.10. The trade was a 67.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.24% of the company's stock.

Hedge Funds Weigh In On Sempra

Institutional investors have recently modified their holdings of the stock. Perennial Investment Advisors LLC raised its holdings in shares of Sempra by 2.8% in the second quarter. Perennial Investment Advisors LLC now owns 4,963 shares of the utilities provider's stock valued at $377,000 after acquiring an additional 134 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Sempra by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider's stock valued at $731,000 after purchasing an additional 139 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of Sempra by 4.0% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 3,794 shares of the utilities provider's stock worth $289,000 after purchasing an additional 147 shares during the period. Lester Murray Antman dba SimplyRich boosted its stake in shares of Sempra by 1.2% during the second quarter. Lester Murray Antman dba SimplyRich now owns 12,558 shares of the utilities provider's stock valued at $955,000 after purchasing an additional 152 shares in the last quarter. Finally, Conning Inc. increased its holdings in Sempra by 3.8% during the second quarter. Conning Inc. now owns 4,184 shares of the utilities provider's stock valued at $318,000 after buying an additional 154 shares during the period. 89.65% of the stock is owned by hedge funds and other institutional investors.

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.