Sempra (NYSE:SRE) Updates FY 2025 Earnings Guidance

by · The Markets Daily

Sempra (NYSE:SREGet Free Report) updated its FY 2025 earnings guidance on Wednesday. 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 Stock Performance

NYSE SRE traded up $1.49 during trading hours on Friday, reaching $91.25. The stock had a trading volume of 3,730,571 shares, compared to its average volume of 2,895,625. Sempra has a 52-week low of $66.40 and a 52-week high of $91.88. The stock has a fifty day moving average of $83.60 and a 200 day moving average of $79.21. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.41 and a current ratio of 0.52. The stock has a market cap of $57.77 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75.

Sempra (NYSE:SREGet Free Report) last released its quarterly earnings data on Wednesday, November 6th. The utilities provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.17). The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $3.54 billion. Sempra had a net margin of 22.63% and a return on equity of 8.01%. The firm’s revenue was down 16.7% on a year-over-year basis. During the same period last year, the company earned $1.08 earnings per share. Sell-side analysts predict that Sempra will post 4.77 earnings per share for the current year.

Sempra Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.72%. The ex-dividend date is Thursday, December 5th. Sempra’s dividend payout ratio is currently 54.63%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Sempra in a report on Thursday, October 24th. They issued a “buy” rating and a $98.00 price objective for the company. Morgan Stanley boosted their price target on Sempra from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Wells Fargo & Company lifted their target price on shares of Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a report on Thursday. 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 target price for the company. Finally, Barclays raised their price target on shares of Sempra from $87.00 to $89.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.00.

Check Out Our Latest Research Report on Sempra

Sempra Company Profile

(Get Free Report)

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.

See Also