Sempra (SRE) to Release Quarterly Earnings on Tuesday

Sempra (NYSE:SRE - Get Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Sempra to post earnings of $1.47 per share and revenue of $4.90 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Sempra Trading Up 1.3 %

SRE stock traded up $1.10 during trading on Friday, reaching $87.11. The company had a trading volume of 4,643,959 shares, compared to its average volume of 4,261,902. Sempra has a 52 week low of $66.40 and a 52 week high of $95.77. The company has a market cap of $55.18 billion, a P/E ratio of 19.19, a PEG ratio of 2.17 and a beta of 0.78. The business has a 50 day moving average of $84.31 and a 200 day moving average of $84.81. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SRE. 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 for the company. Evercore ISI increased their price target on shares of Sempra from $84.00 to $88.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Barclays decreased their target price on shares of Sempra from $99.00 to $95.00 and set an "overweight" rating for the company in a research note on Monday, January 27th. Morgan Stanley raised shares of Sempra from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $85.00 to $98.00 in a research note on Friday, December 13th. Finally, Wells Fargo & Company raised 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. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $91.20.

Insider Activity at Sempra

In related news, CEO Jeffrey W. Martin sold 49,737 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $82.94, for a total value of $4,125,186.78. Following the sale, the chief executive officer now owns 2 shares in the company, valued at approximately $165.88. This trade represents a 100.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the firm's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total transaction of $225,717.15. Following the completion of the sale, the senior vice president now owns 13,905 shares in the company, valued at $1,139,236.65. This represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. 0.24% 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.