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Sempra (SRE) Stock Price, News & Analysis

$78.55
+0.48 (+0.61%)
(As of 07/26/2024 ET)
Today's Range
$78.06
$79.15
50-Day Range
$74.03
$79.12
52-Week Range
$63.75
$80.54
Volume
2.41 million shs
Average Volume
3.00 million shs
Market Capitalization
$49.50 billion
P/E Ratio
17.40
Dividend Yield
3.16%
Price Target
$82.10

Sempra MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
4.5% Upside
$82.10 Price Target
Short Interest
Healthy
1.88% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.04
Upright™ Environmental Score
News Sentiment
0.75mentions of Sempra in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$457,927 Sold Last Quarter
Proj. Earnings Growth
6.88%
From $4.80 to $5.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.87 out of 5 stars

Utilities Sector

5th out of 90 stocks

Gas & Other Services Combined Industry

1st out of 5 stocks

SRE stock logo

About Sempra Stock (NYSE:SRE)

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. As of December 31, 2023, 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. This segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2023, it serves a population of 21 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, 2023, its transmission system included 18,298 circuit miles of transmission lines; 1,257 transmission and distribution substations; interconnection to 173 third-party generation facilities totaling 54,277 MW; and distribution system included approximately 4.0 million points of delivery and consisted of 125,116 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 Stock Price History

SRE Stock News Headlines

Sempra stock rises Friday, still underperforms market
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q2 2024 Earnings Estimate for Sempra (NYSE:SRE) Issued By KeyCorp
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
SRE Aug 2024 65.000 call (SRE240816C00065000)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 7/15 Dividend
6/27/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas & other services combined
Sub-Industry
Multi-Utilities
CUSIP
81685110
Employees
16,835
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$82.10
High Stock Price Target
$89.00
Low Stock Price Target
$76.00
Potential Upside/Downside
+4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$3.08 billion
Pretax Margin
14.51%

Debt

Sales & Book Value

Annual Sales
$16.72 billion
Cash Flow
$8.20 per share
Book Value
$52.03 per share

Miscellaneous

Free Float
628,630,000
Market Cap
$49.53 billion
Optionable
Optionable
Beta
0.74

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Should I Buy Sempra Stock? SRE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Sempra:

  • Sempra's stock price has shown consistent growth over the past year, indicating a positive trend in the market.
  • Recent SEC filings reveal increased institutional ownership in Sempra, suggesting confidence from large investors.
  • Sempra's focus on utilities provides a stable and essential service, offering a defensive investment option.
  • Positive hedge fund holdings in Sempra indicate strong support from professional investors.
  • Strong dividend payouts from Sempra provide investors with a reliable income stream.

Cons

Investors should be bearish about investing in Sempra for these reasons:

  • Regulatory changes in the utility sector could impact Sempra's operations and profitability.
  • Market volatility may affect Sempra's stock price, leading to potential short-term fluctuations.
  • Increased competition in the utilities industry could pressure Sempra's market share and margins.
  • Dependence on external factors like weather patterns for energy demand may introduce variability in Sempra's earnings.
  • Potential interest rate hikes could impact Sempra's borrowing costs and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 27, 2024. Please send any questions or comments about these Sempra pros and cons to contact@marketbeat.com.

SRE Stock Analysis - Frequently Asked Questions

How have SRE shares performed this year?

Sempra's stock was trading at $74.73 at the start of the year. Since then, SRE stock has increased by 5.1% and is now trading at $78.55.
View the best growth stocks for 2024 here
.

How were Sempra's earnings last quarter?

Sempra (NYSE:SRE) issued its quarterly earnings results on Tuesday, May, 7th. The utilities provider reported $1.34 EPS for the quarter, missing analysts' consensus estimates of $1.35 by $0.01. The firm's revenue for the quarter was down 44.5% compared to the same quarter last year.
Read the conference call transcript
.

When did Sempra's stock split?

Shares of Sempra split before market open on Tuesday, August 22nd 2023. The 2-1 split was announced on Tuesday, August 22nd 2023. The newly created shares were issued to shareholders after the market closes 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 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.

Does Sempra have any subsidiaries?

Sempra subsidiaries include Oncor Electric Delivery Company, EnergySouth, San Diego Gas & Electric Company, Sempra Texas Intermediate Holding Company LLC, and Southern California Gas Company.

Who are Sempra's major shareholders?

Sempra's top institutional investors include Bank of New York Mellon Corp (0.82%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Maple Brown Abbott Ltd (0.20%) and Raymond James & Associates (0.19%). Insiders that own company stock include Karen L Sedgwick, Justin Christopher Bird, Diana L Day, Peter R Wall, Trevor I Mihalik, Richard J Mark and Jeffrey W Martin.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sempra own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sempra investors own include AT&T (T), Johnson & Johnson (JNJ), RTX (RTX), Intel (INTC), Verizon Communications (VZ), Walmart (WMT) and Chevron (CVX).

This page (NYSE:SRE) was last updated on 7/26/2024 by MarketBeat.com Staff

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