Sempra Energy (SRE) - What Are Researchers Saying About This Stock?

Key Points

• Analysts are moderately bullish on Sempra: Fifteen analysts give the stock a consensus “Moderate Buy” rating, with nine buys, five holds, and one strong buy. The average 12-month price target is $100, versus a recent price of $81.32.
• Sempra exceeded quarterly earnings expectations, reporting $1.16 EPS versus the $1.01 consensus estimate, although revenue of $3 billion fell short of forecasts and was slightly lower year over year.
• The company declared a quarterly dividend of $0.6575, equivalent to $2.63 annually and a 3.2% yield. Institutional investors and hedge funds own approximately 89.65% of the outstanding shares.

Shares of Sempra Energy (NYSE:SRE - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fifteen analysts that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $100.00.

Several equities research analysts have weighed in on SRE shares. Jefferies Financial Group upgraded shares of Sempra Energy from a "hold" rating to a "buy" rating and cut their target price for the stock from $101.00 to $97.00 in a report on Tuesday, September 1st. Scotiabank initiated coverage on shares of Sempra Energy in a research report on Tuesday, September 29th. They issued a "sector perform" rating and a $83.00 price objective for the company. Mizuho reaffirmed a "neutral" rating and set a $84.00 price objective (down from $104.00) on shares of Sempra Energy in a research note on Monday, August 31st. Morgan Stanley reduced their target price on Sempra Energy from $104.00 to $100.00 and set an "overweight" rating on the stock in a report on Friday, September 18th. Finally, TD Cowen assumed coverage on Sempra Energy in a research note on Wednesday, July 8th. They issued a "buy" rating for the company.

Sempra Energy Trading Up 1.5%

NYSE SRE opened at $81.32 on Friday. The stock has a 50-day simple moving average of $82.86 and a 200 day simple moving average of $89.48. The company has a market capitalization of $53.17 billion, a PE ratio of 23.57, a P/E/G ratio of 2.21 and a beta of 0.55. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12 month low of $76.21 and a 12 month high of $101.04.

Sempra Energy (NYSE:SRE - Get Free Report) last posted its earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.15. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%. The company's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.89 EPS. 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. Research analysts forecast that Sempra Energy will post 5.12 EPS for the current year.

Sempra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, September 24th will be paid a $0.6575 dividend. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $2.63 dividend on an annualized basis and a yield of 3.2%. Sempra Energy's payout ratio is presently 76.23%.

Hedge Funds Weigh In On Sempra Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc boosted its position in shares of Sempra Energy by 79.5% during the first quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider's stock worth $25,000 after buying an additional 116 shares during the period. Frazier Financial Advisors LLC acquired a new stake in Sempra Energy in the 2nd quarter valued at approximately $25,000. Anchor Investment Management LLC bought a new stake in Sempra Energy in the 2nd quarter valued at approximately $26,000. Edmond DE Rothschild Holding S.A. bought a new stake in Sempra Energy in the 2nd quarter valued at approximately $27,000. Finally, Silvant Capital Management LLC acquired a new position in Sempra Energy during the 2nd quarter worth approximately $28,000. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Company Profile

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates infrastructure that supports the delivery of electricity and natural gas, with operations focused primarily on North America.

Sempra's principal businesses include regulated utilities and infrastructure development. Its California utilities, San Diego Gas & Electric and Southern California Gas, provide electric and natural gas services to customers in Southern California.

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