Sempra (NYSE:SRE) Updates FY 2025 Earnings Guidance

Sempra (NYSE:SRE - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.900-5.250 for the period, compared to the consensus EPS estimate of 5.140. The company issued revenue guidance of -. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.

Sempra Trading Up 7.3 %

Shares of NYSE:SRE traded up $6.01 during mid-day trading on Wednesday, reaching $88.26. 7,743,011 shares of the company's stock were exchanged, compared to its average volume of 2,880,808. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.41 and a current ratio of 0.46. Sempra has a twelve month low of $66.40 and a twelve month high of $88.59. The firm has a market capitalization of $55.88 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 2.58 and a beta of 0.75. The business's fifty day moving average price is $83.26 and its 200-day moving average price is $79.00.

Sempra (NYSE:SRE - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.03). Sempra had a return on equity of 8.58% and a net margin of 22.31%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter in the previous year, the business posted $0.94 EPS. The firm's revenue for the quarter was down 9.7% compared to the same quarter last year. On average, research analysts predict that Sempra will post 4.77 EPS for the current fiscal year.

Sempra Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 26th were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.48 annualized dividend and a dividend yield of 2.81%. Sempra's payout ratio is 52.99%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SRE shares. Morgan Stanley raised their price objective on shares of Sempra from $80.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Wednesday, September 25th. Bank of America assumed coverage on shares of Sempra in a research note on Thursday, September 12th. They issued a "buy" rating and a $94.00 price target for the company. Jefferies Financial Group assumed coverage on shares of Sempra in a research report on Thursday, October 24th. They set a "buy" rating and a $98.00 price objective on the stock. Evercore ISI boosted their target price on Sempra from $83.00 to $84.00 and gave the company an "outperform" rating in a research report on Wednesday, August 7th. Finally, Barclays raised their price objective on Sempra from $87.00 to $89.00 and gave the company an "overweight" rating in a research note on Tuesday, October 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $87.55.

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.