Sempra (SRE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $85.34 to $87.22
• 50-Day Range: $80.81 to $94.75
• 52-Week Range: $66.40 to $95.77
• Volume: 4.63 million shs
• Average Volume: 2.95 million shs
• Market Capitalization: $54.99 billion
• P/E Ratio: 19.12
• Dividend Yield: 2.86%
• Price Target: $91.60
• Consensus Rating: Buy

Sempra Stock Analysis - MarketRank™

Sempra scored higher than 93% of companies evaluated by MarketBeat, and ranked 12th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sempra has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sempra has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.19%

Earnings Growth

Earnings for Sempra are expected to grow by 8.19% in the coming year, from $4.76 to $5.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sempra is 19.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sempra is 19.12, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.41.

Price to Earnings Growth Ratio

Sempra has a PEG Ratio of 2.45. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sempra has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.53% of the outstanding shares of Sempra have been sold short.

Short Interest Ratio / Days to Cover

Sempra has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Sempra has recently decreased by 3.55%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Sempra pays a meaningful dividend of 2.85%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Sempra has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Sempra is 54.63%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sempra will have a dividend payout ratio of 48.16% next year. This indicates that Sempra will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -5.04

Percentage of Shares Shorted

2.53% of the outstanding shares of Sempra have been sold short.

Short Interest Ratio / Days to Cover

Sempra has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Sempra has recently decreased by 3.55%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.34

News Sentiment

Sempra has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Sempra this week, compared to 11 articles on an average week.

Search Interest

4 people have searched for SRE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

11 people have added Sempra to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sempra insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,207,443.00 in company stock.

Percentage Held by Insiders

Only 0.24% of the stock of Sempra is held by insiders.

Percentage Held by Institutions

89.65% of the stock of Sempra is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 stock has increased by 16.2% and is now trading at $86.81.
View the best growth stocks for 2024 here.

How were Sempra's earnings last quarter?

Sempra (NYSE:SRE) released its earnings results on Wednesday, November, 6th. The utilities provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.16. The company's revenue was down 16.7% 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 issued shares were distributed to shareholders after the market closes on Tuesday, August 22nd 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Sempra have any subsidiaries?

Sempra subsidiaries include these companies: 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 shareholders of Sempra include Wellington Management Group LLP (5.42%), State Street Corp (5.20%), FMR LLC (3.00%) and Geode Capital Management LLC (2.01%). 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 Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/26/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 11/06/2024
• Ex-Dividend for 1/15 Dividend: 12/05/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Gas & other services combined
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:SRE
• CUSIP: 81685110
• CIK: 1032208
• Web: www.sempra.com
• Phone: (619) 696-2000
• Fax: 619-696-2374
• Employees: 16,835
• Year Founded: 1998

Price Target and Rating

• Average Stock Price Target: $91.60
• High Stock Price Target: $99.00
• Low Stock Price Target: $79.00
• Potential Upside/Downside: +5.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.54
• Trailing P/E Ratio: 19.12
• Forward P/E Ratio: 18.24
• P/E Growth: 2.45
• Net Income: $3.08 billion
• Net Margins: 22.63%
• Pretax Margin: 12.89%
• Return on Equity: 8.06%
• Return on Assets: 3.04%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 0.52
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $12.92 billion
• Price / Sales: 4.26
• Cash Flow: $8.03 per share
• Price / Cash Flow: 10.81
• Book Value: $52.03 per share
• Price / Book: 1.67

Miscellaneous

• Outstanding Shares: 633,399,000
• Free Float: 631,879,000
• Market Cap: $54.99 billion
• Optionable: Optionable
• Beta: 0.77