Sempra (NYSE:SRE) Issues FY25 Earnings Guidance

Sempra (NYSE:SRE) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.90-5.25 for the period, compared to the consensus EPS estimate of $5.15. Sempra also updated its FY24 guidance to $4.60-4.90 EPS.

Sempra Stock Performance

Shares of NYSE:SRE opened at $82.22 on Wednesday. The business’s fifty day moving average price is $83.12 and its two-hundred day moving average price is $78.93. Sempra has a fifty-two week low of $66.40 and a fifty-two week high of $86.57. The stock has a market capitalization of $52.06 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 2.61 and a beta of 0.75. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.46 and a quick ratio of 0.41.

Sempra (NYSE:SRE) last announced its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.03). Sempra had a net margin of 22.31% and a return on equity of 8.58%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter last year, the company earned $0.94 earnings per share. The business’s revenue was down 9.7% on a year-over-year basis. As a group, analysts predict that Sempra will post 4.77 EPS for the current fiscal year.

Sempra Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, September 26th were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date was Thursday, September 26th. Sempra’s dividend payout ratio (DPR) is 52.99%.

Analyst Upgrades and Downgrades

SRE has been the topic of several research analyst reports. BMO Capital Markets increased 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. Jefferies Financial Group initiated coverage on Sempra in a report on Thursday, October 24th. They set a “buy” rating and a $98.00 target price on the stock. Evercore ISI increased their target price on Sempra from $83.00 to $84.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Morgan Stanley increased their target price on Sempra from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Finally, Barclays increased their target price on Sempra from $87.00 to $89.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $87.55.

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.