Sempra (NYSE:SRE) Updates FY 2025 Earnings Guidance

Sempra (NYSE:SRE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.900-5.250 for the period, compared to the consensus estimate of 5.140. The company issued revenue guidance of -. Sempra also updated its FY 2024 guidance to 4.600-4.900 EPS.

Wall Street Analyst Weigh In

SRE has been the subject of a number of recent analyst reports. Jefferies Financial Group assumed coverage on shares of Sempra in a research report on Thursday, October 24th. They issued a “buy” rating and a $98.00 price target for the company. Bank of America began coverage on Sempra in a research report on Thursday, September 12th. They issued a “buy” rating and a $94.00 price objective on the stock. Morgan Stanley upped their price objective on Sempra from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. BMO Capital Markets lifted their target price on Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Finally, Evercore ISI upped their price target on Sempra from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Sempra has a consensus rating of “Moderate Buy” and a consensus target price of $89.00.

Sempra Price Performance

Shares of SRE traded up $1.49 during mid-day trading on Friday, hitting $91.25. 3,730,571 shares of the stock were exchanged, compared to its average volume of 2,895,625. The firm has a 50-day moving average of $83.60 and a two-hundred day moving average of $79.21. Sempra has a 52-week low of $66.40 and a 52-week high of $91.88. The company has a market cap of $57.77 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.41 and a current ratio of 0.52.

Sempra (NYSE:SRE) last announced its earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.17). Sempra had a net margin of 22.63% and a return on equity of 8.01%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter in the prior year, the company posted $1.08 earnings per share. The firm’s quarterly revenue was down 16.7% compared to the same quarter last year. On average, equities analysts predict that Sempra will post 4.77 earnings per share for the current year.

Sempra Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Thursday, December 5th. Sempra’s dividend payout ratio is currently 54.63%.

About Sempra

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.