Sempra (NYSE:SRE – Get Free Report) 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.
Sempra Stock Performance
NYSE SRE opened at $91.25 on Friday. The company has a market cap of $57.77 billion, a P/E ratio of 20.10, a P/E/G 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. The business’s 50 day moving average price is $83.60 and its 200-day moving average price is $79.21. Sempra has a fifty-two week low of $66.40 and a fifty-two week high of $91.88.
Sempra (NYSE:SRE – Get Free Report) last released its earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.17). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $3.54 billion. Sempra had a net margin of 22.63% and a return on equity of 8.01%. The business’s revenue for the quarter was down 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 EPS. Sell-side analysts predict that Sempra will post 4.77 earnings per share for the current year.
Sempra Announces Dividend
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on SRE. Wells Fargo & Company upped their price objective on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday. Barclays increased their price target on Sempra from $87.00 to $89.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Morgan Stanley increased their price target on Sempra from $80.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 25th. Bank of America started coverage on Sempra in a research note on Thursday, September 12th. They issued a “buy” rating and a $94.00 price target for the company. Finally, BMO Capital Markets raised their target price on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.00.
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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.
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