NYSE:SRE

Sempra (SRE) Stock Forecast, Price & News

$67.75

-1.66 (-2.39%)

(As of 09/28/2023 ET)

Compare

Today's Range: $67.66
▼
$69.74
50-Day Range: $67.75
▼
$75.98
52-Week Range: $67.65
▼
$84.13

Volume: 2.96 million shs
Average Volume: 2.34 million shs
Market Capitalization: $42.64 billion

P/E Ratio: 17.15
Dividend Yield: 3.51%
Price Target: $82.63

Sempra MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 22.0% Upside
$82.63 Price Target
Short Interest: Healthy
0.82% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -5.04
Upright™ Environmental Score
News Sentiment: 0.90
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.40%
From $4.05 to $4.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.08 out of 5 stars

Utilities Sector

8th out of 87 stocks

Gas & Other Services Combined Industry

1st out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Sempra has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.63, Sempra has a forecasted upside of 22.0% from its current price of $67.75.
Amount of Analyst Coverage
Sempra has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
0.82% of the outstanding shares of Sempra have been sold short.
Short Interest Ratio / Days to Cover
Sempra has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sempra has recently decreased by 11.43%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Sempra pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sempra has been increasing its dividend for 19 years.
Dividend Coverage
The dividend payout ratio of Sempra is 60.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sempra will have a dividend payout ratio of 54.21% next year. This indicates that Sempra will be able to sustain or increase its dividend.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Sempra has received a 5.67% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Refined natural gas", "Construction of power lines", "Renovation of power lines", "Natural gas pipes", "LNG terminals", and "Natural gas distribution services" products. See details.
Environmental Sustainability
The Environmental Impact score for Sempra is -5.04.

2.7

News and Social Media Coverage

News Sentiment
Sempra has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Sempra this week, compared to 6 articles on an average week.
Search Interest
Only 11 people have searched for SRE on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
MarketBeat Follows
11 people have added Sempra to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sempra insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.24% of the stock of Sempra is held by insiders.
Percentage Held by Institutions
84.83% of the stock of Sempra is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sempra are expected to grow by 8.40% in the coming year, from $4.05 to $4.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sempra is 17.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sempra is 17.15, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 87.49.
Price to Earnings Growth Ratio
Sempra has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sempra has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sempra (NYSE:SRE) Stock

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. The San Diego Gas & Electric Company segment provides to San Diego and southern Orange counties; and natural gas service to San Diego County. It generates electricity through wind, solar, and other resources. As of December 31, 2022, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. The Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2022, it serves a population of 21.1 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2022, its transmission system included 18,268 circuit miles of transmission lines; 1,207 transmission and distribution substations; interconnection to 146 third-party generation facilities totaling 48,430 MW; and distribution system included approximately 3.9 million points of delivery and consisted of 123,500 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was founded in 1998 and is based in San Diego, California.

SRE Price History

30 days | 90 days | 365 days | Advanced Chart

SRE Stock News Headlines

September 27, 2023 | finance.yahoo.com

Tania Ortiz Mena Appointed President of Sempra Infrastructure

September 26, 2023 | finance.yahoo.com

Unveiling the Dividend Performance of Sempra Energy (SRE)

September 29, 2023 | Behind the Markets (Ad)

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September 23, 2023 | americanbankingnews.com

Sempra (NYSE:SRE) PT Raised to $78.00 at Morgan Stanley

September 22, 2023 | bizjournals.com

FERC approves Port Arthur LNG Phase 2 to double export facility's capacity

September 22, 2023 | benzinga.com

Monday Is Your Last Chance To Buy Sempra Energy Before The Dividend Payout

September 21, 2023 | msn.com

Sempra secures FERC approval for Port Arthur LNG expansion project

September 20, 2023 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At Sempra (NYSE:SRE)

September 29, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

September 15, 2023 | finance.yahoo.com

Sempra Energy (SRE) Fell as Defensive Sectors Went Out of Favor

September 12, 2023 | finance.yahoo.com

Sempra Infrastructure Completes Sale of Non-Controlling Interest in Port Arthur LNG Phase 1 to KKR

September 10, 2023 | markets.businessinsider.com

KeyBanc Remains a Hold on Sempra Energy (SRE)

September 5, 2023 | seekingalpha.com

Sempra: Decent For A Weak Economy, But Stock Looks Pricey

August 29, 2023 | markets.businessinsider.com

Barclays Keeps Their Buy Rating on Sempra Energy (SRE)

August 29, 2023 | finance.yahoo.com

SRE: Sempra Energy Continues To Find Growth in Texas

August 24, 2023 | finance.yahoo.com

Sempra Named to FTSE4Good Index Series for Sustainable Business Practices

August 23, 2023 | msn.com

Barclays Initiates Coverage of Sempra Energy (SRE) with Overweight Recommendation

August 23, 2023 | finance.yahoo.com

Implied Volatility Surging for Sempra (SRE) Stock Options

August 22, 2023 | gurufocus.com

Is Sempra Energy (SRE) Modestly Undervalued?

August 19, 2023 | nz.finance.yahoo.com

Sempra (SRE) interactive stock chart – Yahoo Finance

August 18, 2023 | finance.yahoo.com

Sempra (NYSE:SRE) is a favorite amongst institutional investors who own 89%

August 18, 2023 | finance.yahoo.com

Sempra Expects Significant Growth Ahead for Energy Infrastructure and Announced Stock Split

August 17, 2023 | finance.yahoo.com

Sempra Appoints Richard Mark to Board of Directors

August 15, 2023 | marketwatch.com

Sempra stock falls Tuesday, underperforms market

August 14, 2023 | msn.com

SoCalGas-led consortium wins DoE grant for California Direct Air Capture hub

August 12, 2023 | markets.businessinsider.com

Analysts Offer Insights on Utilities Companies: Sempra Energy (SRE) and Algonquin Power & Utilities (AQN)

August 11, 2023 | msn.com

Sempra's SoCalGas to pay $71M settlement over Aliso Canyon leak

See More Headlines

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SRE Company Calendar

Ex-Dividend for 7/15 Dividend: 7/03/2023
Dividend Payable: 7/15/2023
Last Earnings: 8/03/2023
Ex-Dividend for 10/15 Dividend: 9/26/2023
Today: 9/29/2023
Dividend Payable: 10/15/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gas & other services combined
Sub-Industry: Multi-Utilities
Sector: Utilities
Current Symbol: NYSE:SRE
CUSIP: 81685110
CIK: 1032208
Web: www.sempra.com
Phone: (619) 696-2000
Fax: 619-696-2374
Employees: 4,561
Year Founded: 1998

Price Target and Rating

Average Stock Price Forecast: $82.63
High Stock Price Forecast: $89.00
Low Stock Price Forecast: $78.00
Forecasted Upside/Downside: +22.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.95
Trailing P/E Ratio: 17.15
Forward P/E Ratio: 16.73
P/E Growth: 3.45
Net Income: $2.14 billion
Net Margins: 14.90%
Pretax Margin: 12.77%
Return on Equity: 10.04%
Return on Assets: 3.67%

Debt

Debt-to-Equity Ratio: 0.91
Current Ratio: 0.57
Quick Ratio: 0.53

Sales & Book Value

Annual Sales: $14.44 billion
Price / Sales: 2.95
Cash Flow: $7.75 per share
Price / Cash Flow: 8.74
Book Value: $45.09 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 629,310,000
Free Float: 627,797,000
Market Cap: $42.64 billion
Optionable: Optionable
Beta: 0.74

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Key Executives

Mr. Jeffrey Walker Martin (Age 61)
Chairman, Pres & CEO
Comp: $6.49M

Mr. Trevor Ian Mihalik (Age 56)
CFO & Exec. VP
Comp: $2.5M

Mr. Peter Ronan Wall (Age 51)
Sr. VP, Controller & Chief Accounting Officer
Comp: $849.53k

Ms. Karen L. Sedgwick (Age 55)
Chief Admin. Officer & Chief HR Officer
Comp: $1.04M

Mr. Kevin Cristopher Sagara (Age 61)
Exec. VP & Group Pres of California Utilities
Comp: $2.44M

Mr. Glen Donovan
VP of Investor Relations

Mr. Paul H. Yong
Chief Tax Counsel & VP

Ms. Lisa M. Larroque Alexander (Age 49)
Sr. VP of Corp. Affairs & Chief Sustainability Officer

Mr. Sandeep K. Mor
Sr. VP of Fin.

Mr. Robert J. Borthwick
Chief Risk Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SRE Stock - Frequently Asked Questions

Should I buy or sell Sempra stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SRE shares.
View SRE analyst ratings or view top-rated stocks.
What is Sempra's stock price forecast for 2023?: 9 brokers have issued 1-year target prices for Sempra's stock. Their SRE share price forecasts range from $78.00 to $89.00. On average, they predict the company's stock price to reach $82.63 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for SRE or view top-rated stocks among Wall Street analysts.
How have SRE shares performed in 2023?: Sempra's stock was trading at $77.27 at the beginning of 2023. Since then, SRE shares have decreased by 12.3% and is now trading at $67.75.
View the best growth stocks for 2023 here.
When is Sempra's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our SRE earnings forecast.
How were Sempra's earnings last quarter?: Sempra (NYSE:SRE) issued its quarterly earnings data on Thursday, August, 3rd. The utilities provider reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.08. The utilities provider earned $3.34 billion during the quarter, compared to analysts' expectations of $3.54 billion. Sempra had a trailing twelve-month return on equity of 10.04% and a net margin of 14.90%. The business's revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.99 earnings per share.
Read the conference call transcript.
How often does Sempra pay dividends? What is the dividend yield for Sempra?: Sempra declared a quarterly dividend on Wednesday, September 6th. Shareholders of record on Wednesday, September 27th will be paid a dividend of $0.595 per share on Sunday, October 15th. This represents a $2.38 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Tuesday, September 26th.
Read our dividend analysis for SRE.
What ETFs hold Sempra's stock?: ETFs with the largest weight of Sempra (NYSE:SRE) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Utilities Select Sector SPDR Fund (XLU), First Trust North American Energy Infrastructure Fund (EMLP), Fidelity MSCI Utilities Index ETF (FUTY), Vanguard Utilities ETF (VPU), ClearBridge Focus Value ESG ETF (CFCV), iShares U.S. Utilities ETF (IDU) and Direxion Daily Utilities Bull 3X Shares (UTSL).
Is Sempra a good dividend stock?: Sempra (NYSE:SRE) pays an annual dividend of $2.38 per share and currently has a dividend yield of 3.44%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SRE will have a dividend payout ratio of 54.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SRE.
When did Sempra's stock split?: Shares of Sempra split on Tuesday, August 22nd 2023. The 2-1 split was announced on Tuesday, August 22nd 2023. The newly created shares were payable to shareholders after the closing bell on Tuesday, August 22nd 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Sempra issued on next quarter's earnings?: Sempra issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $8.60-$9.20 for the period, compared to the consensus earnings per share estimate of $8.99. The company issued revenue guidance of -.
What is Jeffrey W. Martin's approval rating as Sempra's CEO?: 18 employees have rated Sempra Chief Executive Officer Jeffrey W. Martin on Glassdoor.com. Jeffrey W. Martin has an approval rating of 81% among the company's employees.
What other stocks do shareholders of Sempra own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sempra investors own include AT&T (T), Johnson & Johnson (JNJ), RTX (RTX), Intel (INTC), Verizon Communications (VZ), Walmart (WMT), Chevron (CVX), Walt Disney (DIS), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).
What is Sempra's stock symbol?: Sempra trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRE."
How do I buy shares of Sempra?: Shares of SRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sempra's stock price today?: One share of SRE stock can currently be purchased for approximately $67.75.
How much money does Sempra make?: Sempra (NYSE:SRE) has a market capitalization of $42.64 billion and generates $14.44 billion in revenue each year. The utilities provider earns $2.14 billion in net income (profit) each year or $3.95 on an earnings per share basis.
How many employees does Sempra have?: The company employs 4,561 workers across the globe.
Does Sempra have any subsidiaries?: The following companies are subsidiares of Sempra: EnergySouth, Oncor Electric Delivery Company, San Diego Gas & Electric Company, Sempra Texas Intermediate Holding Company LLC, and Southern California Gas Company.
Read More
How can I contact Sempra?: Sempra's mailing address is 488 8TH AVENUE, SAN DIEGO CA, 92101. The official website for the company is www.sempra.com. The utilities provider can be reached via phone at (619) 696-2000, via email at investor@sempra.com, or via fax at 619-696-2374.

This page (NYSE:SRE) was last updated on 9/29/2023 by MarketBeat.com Staff

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