Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $4.30-4.70 for the period, compared to the consensus earnings per share estimate of $5.16.

Sempra Price Performance

NYSE SRE opened at $87.20 on Tuesday. The company has a market cap of $55.23 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 2.19 and a beta of 0.78. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47. The stock’s fifty day moving average price is $84.29 and its 200 day moving average price is $84.98. Sempra has a 1 year low of $66.40 and a 1 year high of $95.77.

Sempra (NYSE:SRE) last released its earnings results on Tuesday, February 25th. The utilities provider reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.03. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $4.90 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 earnings per share. As a group, equities research analysts forecast that Sempra will post 4.76 earnings per share for the current year.

Sempra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 20th will be paid a $0.645 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 2.96%. This is a positive change from Sempra’s previous quarterly dividend of $0.62. Sempra’s dividend payout ratio is presently 54.63%.

Analysts Set New Price Targets

Several research firms have commented on SRE. Evercore ISI upped their price target on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Morgan Stanley upgraded Sempra from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $85.00 to $98.00 in a research note on Friday, December 13th. Wells Fargo & Company lifted their price target on Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Barclays decreased their price target on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Ten analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $91.20.

Insider Buying and Selling at Sempra

In other Sempra news, SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction on 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 directly owns 13,905 shares of the company’s stock, valued at $1,139,236.65. This trade represents a 16.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jeffrey W. Martin sold 49,737 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the sale, the chief executive officer now directly owns 2 shares of the company’s stock, valued at $165.88. This represents a 100.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.

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.