Sempra Energy (NYSE:SRE) Stock Has Average Price Target of $100.53 According to Brokerages

Key Points

• Analyst sentiment is moderately positive: 14 of 19 analysts rate Sempra Energy a buy, while five recommend holding; the average 12-month price target is $100.53.
• Sempra reported quarterly EPS of $1.16, beating the $1.01 consensus, though revenue of $3 billion was below expectations of $3.14 billion.
• The company paid a quarterly dividend of $0.6575 per share, equivalent to $2.63 annually and a 3.1% yield.

Shares of Sempra Energy (NYSE:SRE - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nineteen analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $100.53.

SRE has been the subject of several recent analyst reports. HSBC began coverage on shares of Sempra Energy in a report on Thursday, October 22nd. They issued a "buy" rating and a $97.50 target price for the company. Wall Street Zen upgraded shares of Sempra Energy from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Morgan Stanley reduced their price target on shares of Sempra Energy from $104.00 to $100.00 and set an "overweight" rating for the company in a research report on Friday, September 18th. Barclays restated an "overweight" rating and issued a $90.00 price objective (down from $103.00) on shares of Sempra Energy in a report on Monday, October 12th. Finally, Jefferies Financial Group raised Sempra Energy from a "hold" rating to a "buy" rating and lowered their price objective for the company from $101.00 to $97.00 in a research report on Tuesday, September 1st.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Sempra Energy during the second quarter valued at $5,588,577,000. ABS Investment Management LLC bought a new stake in Sempra Energy in the 2nd quarter worth approximately $5,377,180,000. Bank of America Corp DE raised its holdings in shares of Sempra Energy by 16.1% during the 1st quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider's stock worth $1,009,127,000 after acquiring an additional 1,441,981 shares in the last quarter. Deutsche Bank AG bought a new position in shares of Sempra Energy during the 2nd quarter valued at approximately $896,599,000. Finally, Legal & General Group Plc bought a new position in shares of Sempra Energy during the 2nd quarter valued at approximately $538,775,000. Hedge funds and other institutional investors own 89.65% of the company's stock.

Sempra Energy Stock Down 0.9%

Shares of NYSE:SRE opened at $85.19 on Wednesday. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $82.30 and a two-hundred day simple moving average of $89.38. Sempra Energy has a 12-month low of $76.21 and a 12-month high of $101.04. The stock has a market capitalization of $55.71 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 2.37 and a beta of 0.55.

Sempra Energy (NYSE:SRE - Get Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.15. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.14 billion. During the same period in the prior year, the firm posted $0.89 earnings per share. The company's quarterly revenue was down .1% on a year-over-year basis. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. On average, research analysts anticipate that Sempra Energy will post 5.13 earnings per share for the current fiscal year.

Sempra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, September 24th were issued a $0.6575 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.1%. Sempra Energy's dividend payout ratio (DPR) is presently 76.23%.

Sempra Energy Company Profile

Sempra is an energy infrastructure company headquartered in San Diego, California. Through its regulated utility businesses, the company provides natural gas and electric service to customers in California, including through Southern California Gas Company and San Diego Gas & Electric Company.

Sempra also develops, owns, and operates energy infrastructure in North America. Its activities include natural gas pipelines and storage, liquefied natural gas infrastructure, renewable energy and battery storage projects, and electric transmission and distribution assets.

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