Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $4.30-4.70 for the period, compared to the consensus earnings per share estimate of $5.16. Sempra also updated its FY 2025 guidance to 4.300-4.700 EPS.

Sempra Trading Up 2.2 %

Shares of Sempra stock traded up $1.56 on Wednesday, hitting $72.20. The stock had a trading volume of 1,297,199 shares, compared to its average volume of 4,854,608. The stock has a 50 day moving average of $83.96 and a 200 day moving average of $84.93. The firm has a market capitalization of $45.73 billion, a P/E ratio of 15.97, a PEG ratio of 2.19 and a beta of 0.78. Sempra has a twelve month low of $64.89 and a twelve month high of $95.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52.

Sempra (NYSE:SRE) last released its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.03. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter last year, the firm earned $1.13 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts expect that Sempra will post 4.76 earnings per share for the current fiscal year.

Sempra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 20th will be given a dividend of $0.645 per share. This is a positive change from Sempra’s previous quarterly dividend of $0.62. This represents a $2.58 annualized dividend and a dividend yield of 3.57%. Sempra’s dividend payout ratio is presently 54.63%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SRE. Wells Fargo & Company reduced their price target on shares of Sempra from $96.00 to $88.00 and set an “overweight” rating for the company in a research report on Wednesday. Morgan Stanley upgraded shares of Sempra from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $85.00 to $98.00 in a research note on Friday, December 13th. UBS Group cut shares of Sempra from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $95.00 to $78.00 in a research note on Wednesday. Evercore ISI lifted their price target on Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group downgraded Sempra from a “buy” rating to a “neutral” rating and lowered their price target for the company from $99.00 to $76.00 in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $88.17.

Insider Activity at Sempra

In other news, CEO Jeffrey W. Martin sold 49,737 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $82.94, for a total transaction of $4,125,186.78. Following the completion of the transaction, the chief executive officer now directly owns 2 shares of the company’s stock, valued at $165.88. The trade was a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total transaction of $225,717.15. Following the sale, the senior vice president now owns 13,905 shares of the company’s stock, valued at approximately $1,139,236.65. This represents a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

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.