Sempra - SRE Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SRE shares.
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9 Wall Street analysts have issued 12 month price targets for Sempra's stock. Their SRE share price forecasts range from $160.00 to $180.00. On average, they predict the company's share price to reach $170.89 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
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Sempra's stock was trading at $154.54 at the beginning of the year. Since then, SRE stock has increased by 0.9% and is now trading at $155.90.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our SRE earnings forecast.

Sempra (NYSE:SRE) announced its quarterly earnings results on Friday, November, 5th. The utilities provider reported $1.70 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.70. The utilities provider earned $3.01 billion during the quarter, compared to analysts' expectations of $2.75 billion. Sempra had a net margin of 16.13% and a trailing twelve-month return on equity of 10.86%. The firm's quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.31 EPS.
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Sempra declared a quarterly dividend on Wednesday, November 16th. Shareholders of record on Thursday, December 22nd will be given a dividend of $1.145 per share on Sunday, January 15th. This represents a $4.58 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Wednesday, December 21st.
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 2.84%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 64.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SRE will have a dividend payout ratio of 51.12% 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 2023 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $8.60-$9.20 for the period, compared to the consensus estimate of $9.03. 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 many different retail and institutional investors. Top institutional shareholders include Newport Trust Co (2.27%), AMF Tjanstepension AB (0.43%), Pendal Group Ltd (0.36%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), DekaBank Deutsche Girozentrale (0.28%) and New York State Common Retirement Fund (0.19%). 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.
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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 $155.90.

Sempra (NYSE:SRE) has a market capitalization of $49.00 billion and generates $14.83 billion in revenue each year. The utilities provider earns $1.32 billion in net income (profit) each year or $7.13 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.