Sempra - SRE Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SRE shares.
View SRE analyst ratings or view top-rated stocks.

9 equities research analysts have issued 1-year price targets for Sempra's shares. Their SRE share price forecasts range from $145.00 to $189.00. On average, they anticipate the company's share price to reach $171.67 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
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Sempra's stock was trading at $132.28 at the beginning of 2022. Since then, SRE stock has increased by 22.3% and is now trading at $161.78.
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Sempra saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 2,550,000 shares, a decline of 22.7% from the July 31st total of 3,300,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is currently 1.7 days.
View Sempra's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our SRE earnings forecast.

Sempra (NYSE:SRE) released its quarterly earnings data on Thursday, August, 4th. The utilities provider reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $0.16. The utilities provider had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3 billion. Sempra had a trailing twelve-month return on equity of 11.01% and a net margin of 8.84%. The business's quarterly revenue was up 29.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.63 earnings per share.
Read the conference call transcript.

Sempra announced a quarterly dividend on Wednesday, September 7th. Investors of record on Friday, September 23rd will be paid a dividend of $1.145 per share on Saturday, October 15th. This represents a $4.58 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend is Thursday, September 22nd.
Read our dividend analysis for SRE.

Sempra (NYSE:SRE) pays an annual dividend of $4.58 per share and currently has a dividend yield of 2.83%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 128.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SRE will have a dividend payout ratio of 51.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SRE.

Sempra updated its FY 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of $8.10-$8.70 for the period. The company issued revenue guidance of -.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sempra investors own include AT&T (T), Johnson & Johnson (JNJ), Raytheon Technologies (RTX), Intel (INTC), Verizon Communications (VZ), Walmart (WMT), Chevron (CVX), Walt Disney (DIS), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Sempra trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRE."

Sempra's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.86%), State Street Corp (5.98%), Deutsche Bank AG (2.39%), Newport Trust Co (2.37%), FMR LLC (1.70%) and Franklin Resources Inc. (1.47%). Insiders that own company stock include Andres Conesa, Cynthia Lynn Walker, Dennis V Arriola, Jeffrey W Martin, Karen L Sedgwick, Michael N Mears, Peter R Wall and Trevor I Mihalik.
View institutional ownership trends.

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.
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One share of SRE stock can currently be purchased for approximately $161.78.

Sempra (NYSE:SRE) has a market capitalization of $50.85 billion and generates $12.86 billion in revenue each year. The utilities provider earns $1.32 billion in net income (profit) each year or $3.57 on an earnings per share basis.

The company employs 4,537 workers across the globe.

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.