Sempra - SRE Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sempra in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SRE shares.
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9 Wall Street analysts have issued twelve-month target prices for Sempra's shares. Their SRE share price forecasts range from $145.00 to $180.00. On average, they anticipate the company's share price to reach $166.22 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
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Sempra's stock was trading at $132.28 at the beginning of the year. Since then, SRE stock has increased by 22.8% and is now trading at $162.41.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our SRE earnings forecast.

Sempra (NYSE:SRE) announced its quarterly earnings results on Thursday, August, 4th. The utilities provider reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.23. The utilities provider had revenue of $3.55 billion for the quarter, compared to analysts' expectations of $3 billion. Sempra had a trailing twelve-month return on equity of 11.01% and a net margin of 8.84%. Sempra's revenue was up 29.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.63 earnings per share.
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Sempra declared a quarterly dividend on Thursday, May 12th. Shareholders of record on Thursday, July 7th will be paid a dividend of $1.145 per share on Friday, July 15th. This represents a $4.58 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Wednesday, July 6th.
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 2.85%. 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 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 51.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SRE.

Sempra issued an update on its FY23 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $8.60-9.20 for the period, compared to the consensus estimate of $9.00.

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 Pictet Asset Management SA (0.89%), Mitsubishi UFJ Trust & Banking Corp (0.71%), Swiss National Bank (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Victory Capital Management Inc. (0.32%) and DekaBank Deutsche Girozentrale (0.27%). Insiders that own company stock include Andres Conesa, Cynthia Lynn Walker, Dennis V Arriola, Jeffrey W Martin, Joseph A Householder, 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 $162.41.

Sempra (NYSE:SRE) has a market capitalization of $51.05 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 was founded in 1998.

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.