Seaport Res Ptn Analysts Increase Earnings Estimates for Sempra (NYSE:SRE)

Sempra (NYSE:SRE - Free Report) - Research analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for Sempra in a research report issued to clients and investors on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $5.14 for the year, up from their previous forecast of $5.12. The consensus estimate for Sempra's current full-year earnings is $4.82 per share. Seaport Res Ptn also issued estimates for Sempra's FY2026 earnings at $5.45 EPS.

Sempra (NYSE:SRE - Get Free Report) last released its earnings results on Tuesday, February 27th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.02. The firm had revenue of $3.49 billion during the quarter, compared to analysts' expectations of $4.01 billion. Sempra had a return on equity of 9.45% and a net margin of 18.26%. The firm's revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $1.17 earnings per share.

SRE has been the subject of several other reports. StockNews.com lowered Sempra from a "hold" rating to a "sell" rating in a research note on Tuesday, February 20th. Barclays raised their price target on Sempra from $77.00 to $79.00 and gave the stock an "overweight" rating in a research note on Thursday, March 14th. LADENBURG THALM/SH SH started coverage on Sempra in a research note on Wednesday, January 3rd. They set a "buy" rating and a $81.50 price target for the company. Mizuho decreased their price target on Sempra from $83.00 to $79.00 and set a "buy" rating for the company in a research note on Thursday, January 25th. Finally, Morgan Stanley lifted their target price on Sempra from $74.00 to $75.00 and gave the company an "equal weight" rating in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $82.14.

Sempra Price Performance

NYSE SRE traded down $0.66 during trading on Friday, hitting $71.32. 3,115,435 shares of the stock traded hands, compared to its average volume of 2,960,282. The company has a market capitalization of $45.08 billion, a P/E ratio of 14.89, a price-to-earnings-growth ratio of 2.49 and a beta of 0.71. The firm has a 50-day simple moving average of $70.55 and a 200-day simple moving average of $71.68. The company has a quick ratio of 0.49, a current ratio of 0.54 and a debt-to-equity ratio of 0.85. Sempra has a 12-month low of $63.75 and a 12-month high of $79.30.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SRE. AE Wealth Management LLC lifted its stake in Sempra by 118.6% during the third quarter. AE Wealth Management LLC now owns 18,796 shares of the utilities provider's stock worth $1,279,000 after purchasing an additional 10,198 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in Sempra by 106.9% during the third quarter. GHP Investment Advisors Inc. now owns 658 shares of the utilities provider's stock worth $46,000 after purchasing an additional 340 shares in the last quarter. Private Trust Co. NA lifted its stake in Sempra by 98.2% during the third quarter. Private Trust Co. NA now owns 2,598 shares of the utilities provider's stock worth $177,000 after purchasing an additional 1,287 shares in the last quarter. CX Institutional lifted its stake in Sempra by 99.6% during the third quarter. CX Institutional now owns 3,104 shares of the utilities provider's stock worth $211,000 after purchasing an additional 1,549 shares in the last quarter. Finally, Advisory Alpha LLC lifted its stake in Sempra by 100.7% during the third quarter. Advisory Alpha LLC now owns 6,544 shares of the utilities provider's stock worth $445,000 after purchasing an additional 3,284 shares in the last quarter. 89.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Sempra news, EVP Justin Christopher Bird sold 5,063 shares of the business's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $71.22, for a total transaction of $360,586.86. Following the completion of the sale, the executive vice president now directly owns 19,712 shares in the company, valued at approximately $1,403,888.64. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, VP Trevor I. Mihalik sold 57,571 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $70.59, for a total value of $4,063,936.89. Following the completion of the sale, the vice president now directly owns 10,922 shares in the company, valued at $770,983.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Justin Christopher Bird sold 5,063 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $71.22, for a total value of $360,586.86. Following the completion of the transaction, the executive vice president now owns 19,712 shares of the company's stock, valued at $1,403,888.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 122,432 shares of company stock valued at $8,668,035. 0.24% of the stock is owned by company insiders.

Sempra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 21st were issued a $0.62 dividend. This is a boost from Sempra's previous quarterly dividend of $0.60. The ex-dividend date was Wednesday, March 20th. This represents a $2.48 dividend on an annualized basis and a yield of 3.48%. Sempra's dividend payout ratio is presently 51.77%.

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.