News coverage about Sempra Energy (NYSE:SRE) has trended somewhat positive on Monday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sempra Energy earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 46.2511907949063 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Short Interest In Sempra Energy Drops 23% (thestreet.com)
- Sempra Energy (SRE) a Buy on Robust Earnings Visibility – Investorplace.com (investorplace.com)
- SoCalGas Encourages Customers to Take Advantage of Energy Efficiency Rebates to Save Money this Winter (finance.yahoo.com)
- Is PG&E’s Discounted Valuation an Opportunity? (finance.yahoo.com)
- Financial Comparison: MDU Resources Group (MDU) vs. Sempra Energy (SRE) (americanbankingnews.com)
Sempra Energy (NYSE:SRE) opened at $121.13 on Monday. The company has a market cap of $30,413.08, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 2.66 and a beta of 0.62. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.96. Sempra Energy has a 1-year low of $92.95 and a 1-year high of $121.70.
Sempra Energy (NYSE:SRE) last released its quarterly earnings data on Monday, October 30th. The utilities provider reported $1.04 EPS for the quarter, hitting analysts’ consensus estimates of $1.04. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.64 billion. Sempra Energy had a net margin of 10.22% and a return on equity of 8.81%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.02 earnings per share. equities analysts forecast that Sempra Energy will post 5.24 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of record on Friday, September 22nd were issued a $0.8225 dividend. This represents a $3.29 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend was Thursday, September 21st. Sempra Energy’s dividend payout ratio is presently 72.95%.
A number of analysts have recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating on shares of Sempra Energy in a research report on Tuesday, November 7th. J P Morgan Chase & Co raised their price target on shares of Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Bank of America Corporation assumed coverage on shares of Sempra Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $125.00 price target for the company. Goldman Sachs Group, Inc. (The) raised shares of Sempra Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $117.00 to $129.00 in a research report on Wednesday, October 11th. Finally, Wells Fargo & Company decreased their price target on shares of Sempra Energy from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Tuesday, October 10th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Sempra Energy currently has a consensus rating of “Buy” and a consensus price target of $124.56.
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Sempra Energy Company Profile
Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.
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