Sempra (NYSE:SRE) Releases FY25 Earnings Guidance

Sempra (NYSE:SRE - Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $4.90-5.25 for the period, compared to the consensus EPS estimate of $5.16. Sempra also updated its FY24 guidance to $4.60-4.90 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada restated an outperform rating and set a $82.00 price objective on shares of Sempra in a report on Wednesday, March 6th. Barclays lifted their price target on Sempra from $77.00 to $79.00 and gave the company an overweight rating in a report on Thursday, March 14th. BMO Capital Markets upgraded shares of Sempra from a market perform rating to an outperform rating and raised their price objective for the company from $76.00 to $84.00 in a research note on Thursday, January 11th. Morgan Stanley raised their price objective on shares of Sempra from $74.00 to $75.00 and gave the company an equal weight rating in a research note on Thursday, March 21st. Finally, Mizuho decreased their price target on shares of Sempra from $83.00 to $79.00 and set a buy rating on the stock in a research report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Sempra presently has a consensus rating of Moderate Buy and a consensus price target of $82.14.

Sempra Price Performance

NYSE:SRE traded up $1.28 on Tuesday, reaching $73.99. The stock had a trading volume of 4,279,934 shares, compared to its average volume of 2,960,857. Sempra has a 1-year low of $63.75 and a 1-year high of $78.70. The stock has a fifty day moving average price of $70.74 and a 200-day moving average price of $71.86. The company has a market capitalization of $46.77 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 2.52 and a beta of 0.70. 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 (NYSE:SRE - Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.11 by $0.02. Sempra had a net margin of 18.26% and a return on equity of 9.45%. The business had revenue of $3.49 billion for the quarter, compared to analysts' expectations of $4.01 billion. During the same period in the prior year, the firm earned $1.17 earnings per share. Sempra's revenue was up 1.0% compared to the same quarter last year. Research analysts forecast that Sempra will post 4.82 EPS for the current year.

Sempra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 21st were paid a dividend of $0.62 per share. This is a boost from Sempra's previous quarterly dividend of $0.60. This represents a $2.48 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend was Wednesday, March 20th. Sempra's dividend payout ratio is 51.77%.

Insider Activity

In other Sempra news, VP Trevor I. Mihalik sold 57,571 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $70.59, for a total value of $4,063,936.89. Following the transaction, the vice president now directly owns 10,922 shares of the company's stock, valued at $770,983.98. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, VP Trevor I. Mihalik sold 57,571 shares of the firm's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $70.59, for a total transaction of $4,063,936.89. Following the sale, the vice president now directly owns 10,922 shares in the company, valued at $770,983.98. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey W. Martin sold 50,703 shares of the firm's stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $70.92, for a total transaction of $3,595,856.76. Following the completion of the transaction, the chief executive officer now directly owns 2 shares of the company's stock, valued at approximately $141.84. The disclosure for this sale can be found here. Insiders have sold 122,432 shares of company stock valued at $8,668,035 over the last three months. 0.27% of the stock is owned by insiders.

About Sempra

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.