Sempra (SRE) Stock Price, News & Analysis

$72.04
+0.52 (+0.73%)
(As of 04/24/2024 ET)
Today's Range
$70.52
$72.25
50-Day Range
$66.41
$72.54
52-Week Range
$63.75
$79.38
Volume
2.32 million shs
Average Volume
2.96 million shs
Market Capitalization
$45.54 billion
P/E Ratio
15.04
Dividend Yield
3.44%
Price Target
$82.14

Sempra MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
14.0% Upside
$82.14 Price Target
Short Interest
Healthy
1.91% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.04
Upright™ Environmental Score
News Sentiment
0.72mentions of Sempra in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$11.09 M Sold Last Quarter
Proj. Earnings Growth
6.42%
From $4.83 to $5.14 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.

4.47 out of 5 stars

Utilities Sector

12th out of 89 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

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Company Calendar

Last Earnings
2/27/2024
Ex-Dividend for 4/15 Dividend
3/20/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/07/2024
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
$82.14
High Stock Price Target
$89.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+14.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$3.08 billion
Pretax Margin
15.71%

Debt

Sales & Book Value

Annual Sales
$16.72 billion
Cash Flow
$8.36 per share
Book Value
$52.03 per share

Miscellaneous

Free Float
630,443,000
Market Cap
$45.54 billion
Optionable
Optionable
Beta
0.71

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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 has a consensus target price of $82.14, indicating potential for growth.
  • Sempra has a diversified business model operating in the energy infrastructure sector, providing stability.
  • Recent increase in Sempra's quarterly dividend from $0.60 to $0.62 per share, showing commitment to rewarding shareholders.
  • Sempra's revenue for the quarter was up 1.0% on a year-over-year basis, demonstrating growth.
  • Sempra's net margin of 18.26% indicates strong profitability.

Cons

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

  • Sempra's stock has a 1 year low of $63.75, indicating potential volatility.
  • Sempra's quick ratio of 0.49 and current ratio of 0.54 may raise concerns about liquidity.
  • Sempra's price-to-earnings-growth ratio of 2.99 may suggest overvaluation.
  • Insider selling of Sempra stock by Diana L. Day could raise questions about future performance.
  • Sempra's beta of 0.71 indicates lower volatility compared to the market, potentially limiting returns.
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 Saturday, April 13, 2024. Please send any questions or comments about these Sempra pros and cons to contact@marketbeat.com.

SRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Sempra stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SRE shares.
View SRE analyst ratings
or view top-rated stocks.

What is Sempra's stock price target for 2024?

10 brokers have issued twelve-month price targets for Sempra's stock. Their SRE share price targets range from $75.00 to $89.00. On average, they expect the company's share price to reach $82.14 in the next year. This suggests a possible upside of 14.0% 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 2024?

Sempra's stock was trading at $74.73 at the beginning of the year. Since then, SRE stock has decreased by 3.6% and is now trading at $72.04.
View the best growth stocks for 2024 here
.

When is Sempra's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our SRE earnings forecast
.

How can I listen to Sempra's earnings call?

Sempra will be holding an earnings conference call on Tuesday, May 7th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Sempra's earnings last quarter?

Sempra (NYSE:SRE) announced its earnings results on Tuesday, February, 27th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.02. The utilities provider had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $4.01 billion. Sempra had a net margin of 18.26% and a trailing twelve-month return on equity of 9.45%. The business's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 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 Tuesday, February 27th. Stockholders of record on Thursday, March 21st will be given a dividend of $0.62 per share on Monday, April 15th. This represents a $2.48 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend is Wednesday, March 20th. This is a boost from the stock's previous quarterly dividend of $0.60.
Read our dividend analysis for SRE
.

Is Sempra a good dividend stock?

Sempra (NYSE:SRE) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.49%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SRE will have a dividend payout ratio of 48.25% 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?

Sempra shares split on Tuesday, August 22nd 2023. The 2-1 split was announced on Tuesday, August 22nd 2023. The newly minted shares were issued 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 FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of $4.60 to $4.90 for the period, compared to the consensus EPS estimate of $4.83.

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).

Who are Sempra's major shareholders?

Sempra's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), AMF Tjanstepension AB (0.17%), Raymond James & Associates (0.15%), Maryland State Retirement & Pension System (0.09%) and Allspring Global Investments Holdings LLC (0.05%). Insiders that own company stock include Diana L Day, Jeffrey W Martin, Justin Christopher Bird, Karen L Sedgwick, Peter R Wall and Trevor I Mihalik.
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.

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
This page (NYSE:SRE) was last updated on 4/25/2024 by MarketBeat.com Staff

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