Sempra (SRE) to Release Earnings on Thursday

Sempra (NYSE:SRE - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $1.25 per share and revenue of $3.90 billion for the quarter.

Sempra (NYSE:SRE - Get Free Report) last issued its earnings results on Tuesday, February 25th. The utilities provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.03. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The firm had revenue of $3.76 billion for the quarter, compared to analysts' expectations of $4.73 billion. During the same quarter last year, the company earned $1.13 earnings per share. The firm's revenue was up 7.6% compared to the same quarter last year. On average, analysts expect Sempra to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Sempra Stock Up 1.1 %

NYSE SRE traded up $0.82 on Friday, hitting $75.52. 2,830,803 shares of the stock were exchanged, compared to its average volume of 3,739,095. Sempra has a fifty-two week low of $61.90 and a fifty-two week high of $95.77. The company has a 50-day moving average price of $70.51 and a 200-day moving average price of $80.88. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89. The company has a market cap of $49.23 billion, a PE ratio of 16.63, a PEG ratio of 2.19 and a beta of 0.65.

Sempra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, March 20th were issued a $0.645 dividend. This represents a $2.58 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from Sempra's previous quarterly dividend of $0.62. Sempra's dividend payout ratio is 58.37%.

Insider Buying and Selling at Sempra

In other news, Director Cynthia J. Warner purchased 700 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $70.65 per share, with a total value of $49,455.00. Following the completion of the acquisition, the director now directly owns 8,759 shares of the company's stock, valued at approximately $618,823.35. This trade represents a 8.69 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Alexander Lisa Larroque sold 2,755 shares of Sempra stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the completion of the sale, the senior vice president now directly owns 13,905 shares in the company, valued at $1,139,236.65. This represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have bought 9,319 shares of company stock valued at $651,676. 0.27% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

SRE has been the topic of a number of recent analyst reports. Citigroup dropped their price objective on Sempra from $93.00 to $70.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group downgraded shares of Sempra from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $99.00 to $76.00 in a research report on Wednesday, February 26th. Wells Fargo & Company dropped their target price on shares of Sempra from $88.00 to $85.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Morgan Stanley set a $89.00 price target on shares of Sempra and gave the company an "overweight" rating in a research report on Wednesday, April 23rd. Finally, Barclays cut Sempra from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $95.00 to $72.00 in a research report on Thursday, February 27th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $80.54.

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.