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Sempra (SRE) Stock Price, News & Analysis

$82.10
-0.99 (-1.19%)
(As of 09/6/2024 ET)
Today's Range
$82.08
â–Ľ
$83.26
50-Day Range
$74.97
â–Ľ
$83.40
52-Week Range
$63.75
â–Ľ
$84.28
Volume
2.12 million shs
Average Volume
2.91 million shs
Market Capitalization
$51.73 billion
P/E Ratio
18.18
Dividend Yield
3.02%
Price Target
$83.36

Sempra MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
1.5% Upside
$83.36 Price Target
Short Interest
Healthy
1.76% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.04
Upright™ Environmental Score
News Sentiment
0.99mentions of Sempra in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$457,927 Sold Last Quarter
Proj. Earnings Growth
7.10%
From $4.79 to $5.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Utilities Sector

14th out of 93 stocks

Gas & Other Services Combined Industry

1st out of 5 stocks

SRE stock logo

About Sempra Stock (NYSE:SRE)

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. As of December 31, 2023, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. This segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2023, it serves a population of 21 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2023, its transmission system included 18,298 circuit miles of transmission lines; 1,257 transmission and distribution substations; interconnection to 173 third-party generation facilities totaling 54,277 MW; and distribution system included approximately 4.0 million points of delivery and consisted of 125,116 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was incorporated in 1996 and is based in San Diego, California.

SRE Stock Price History

SRE Stock News Headlines

Sempra stock underperforms Friday when compared to competitors
Sempra (NYSE:SRE) Sets New 52-Week High After Dividend Announcement
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Sempra Declares Common and Preferred Dividends
Brokerages Set Sempra (NYSE:SRE) Price Target at $83.36
Sempra (NYSE:SRE) Price Target Raised to $80.00
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Morgan Stanley Remains a Hold on Sempra Energy (SRE)
Calculating The Intrinsic Value Of Sempra (NYSE:SRE)
SoCalGas Declares Preferred Dividends
Evercore ISI Keeps Their Buy Rating on Sempra Energy (SRE)
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/27/2024
Dividend Payable
7/15/2024
Last Earnings
8/06/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/26/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas & other services combined
Sub-Industry
Multi-Utilities
CUSIP
81685110
Employees
16,835
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$83.36
High Stock Price Target
$89.00
Low Stock Price Target
$76.00
Potential Upside/Downside
+1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$3.08 billion
Pretax Margin
13.27%

Debt

Sales & Book Value

Annual Sales
$13.48 billion
Cash Flow
$8.24 per share
Book Value
$52.03 per share

Miscellaneous

Free Float
628,630,000
Market Cap
$51.73 billion
Optionable
Optionable
Beta
0.75

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Should I Buy Sempra Stock? SRE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Sempra:

  • Sempra's stock price has been showing a positive trend, currently trading at $80.87, with a 52-week high of $83.68, indicating potential for growth.
  • Analysts have set a moderate buy rating on Sempra with an average target price of $82.27, suggesting optimism in the stock's performance.
  • Sempra operates as an energy infrastructure company in the United States and internationally, providing a diversified portfolio in the utilities sector.
  • Recent insider trading activities show a mix of selling and buying, indicating confidence from key individuals within the company.
  • Despite a slight miss in the last quarterly earnings report, Sempra has maintained a stable return on equity and net margin, showcasing financial resilience.

Cons

Investors should be bearish about investing in Sempra for these reasons:

  • Sempra's revenue for the last quarter was below analysts' expectations, indicating potential challenges in revenue generation.
  • The stock has a beta of 0.74, suggesting lower volatility compared to the market, which may limit potential returns for more risk-seeking investors.
  • Despite positive analyst ratings, there is a sell rating on the stock, indicating some skepticism in the market about Sempra's future performance.
  • Hedge funds and institutional investors own a significant portion of Sempra's stock, potentially limiting individual investor influence on the company's direction.
  • The utilities sector can be sensitive to regulatory changes and economic conditions, posing risks to Sempra's operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Sempra pros and cons to contact@marketbeat.com.

SRE Stock Analysis - Frequently Asked Questions

How have SRE shares performed this year?

Sempra's stock was trading at $74.73 at the beginning of the year. Since then, SRE shares have increased by 9.9% and is now trading at $82.10.
View the best growth stocks for 2024 here
.

How were Sempra's earnings last quarter?

Sempra (NYSE:SRE) released its quarterly earnings data on Tuesday, August, 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.92 by $0.03. Sempra's revenue was down 9.7% on a year-over-year basis.
Read the conference call transcript
.

When did Sempra's stock split?

Sempra's stock split on Tuesday, August 22nd 2023. The 2-1 split was announced on Tuesday, August 22nd 2023. The newly created shares were distributed to shareholders after the closing bell on Tuesday, August 22nd 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Jeffrey W. Martin's approval rating as Sempra's CEO?

18 employees have rated Sempra Chief Executive Officer Jeffrey W. Martin on Glassdoor.com. Jeffrey W. Martin has an approval rating of 81% among the company's employees.

Does Sempra have any subsidiaries?

Sempra subsidiaries include Oncor Electric Delivery Company, EnergySouth, San Diego Gas & Electric Company, Sempra Texas Intermediate Holding Company LLC, and Southern California Gas Company.

Who are Sempra's major shareholders?

Top institutional investors of Sempra include Newport Trust Company LLC (2.19%), Clearbridge Investments LLC (2.13%), Legal & General Group Plc (1.19%) and Bank of New York Mellon Corp (0.82%). Insiders that own company stock include Karen L Sedgwick, Justin Christopher Bird, Diana L Day, Peter R Wall, Trevor I Mihalik, Richard J Mark and Jeffrey W Martin.
View institutional ownership trends
.

How do I buy shares of Sempra?

Shares of SRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sempra own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sempra investors own include AT&T (T), Johnson & Johnson (JNJ), RTX (RTX), Intel (INTC), Verizon Communications (VZ), Walmart (WMT) and Chevron (CVX).

This page (NYSE:SRE) was last updated on 9/7/2024 by MarketBeat.com Staff

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