Sempra (SRE) to Release Quarterly Earnings on Tuesday

Sempra (NYSE:SRE) is projected to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.47 per share and revenue of $4.90 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Sempra Stock Performance

NYSE SRE opened at $84.19 on Tuesday. The firm’s fifty day moving average price is $84.61 and its two-hundred day moving average price is $84.70. The stock has a market cap of $53.32 billion, a PE ratio of 18.54, a PEG ratio of 2.09 and a beta of 0.78. Sempra has a fifty-two week low of $66.40 and a fifty-two week high of $95.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52.

Insider Buying and Selling at Sempra

In other news, VP Trevor I. Mihalik sold 23,713 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $93.09, for a total transaction of $2,207,443.17. Following the transaction, the vice president now owns 11,190 shares in the company, valued at approximately $1,041,677.10. This represents a 67.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total transaction of $225,717.15. Following the transaction, 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. Over the last quarter, insiders have sold 76,205 shares of company stock valued at $6,558,347. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on SRE shares. Evercore ISI boosted their target price 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. Jefferies Financial Group initiated coverage on shares of Sempra in a research note on Thursday, October 24th. They issued a “buy” rating and a $98.00 price objective on the stock. BMO Capital Markets boosted their price objective on shares of Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. Wells Fargo & Company boosted their price objective on shares of Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Barclays reduced their price objective on shares of Sempra from $99.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.20.

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.