Sempra Energy Stock Gets Lower EPS Estimate from Scotiabank

Sempra Energy (NYSE:SRE) – Stock analysts at Scotiabank decreased their FY2026 earnings estimates for Sempra Energy in a report released on Monday, November 2nd. Scotiabank analyst I. Rapp now forecasts that the utilities provider will earn $5.07 per share for the year, down from their prior estimate of $5.08. Scotiabank has a “Sector Perform” rating and a $83.00 price objective on the stock. The consensus estimate for Sempra Energy’s current full-year earnings is $5.13 per share.

Several other research firms also recently weighed in on SRE. Truist Financial set a $94.00 price target on shares of Sempra Energy and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Weiss Ratings cut Sempra Energy from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 30th. JPMorgan Chase & Co. cut their price objective on Sempra Energy from $102.00 to $99.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Jefferies Financial Group upgraded Sempra Energy from a “hold” rating to a “buy” rating and cut their price objective for the stock from $101.00 to $97.00 in a research note on Tuesday, September 1st. Finally, LADENBURG THALM/SH SH reduced their target price on Sempra Energy from $98.00 to $89.50 and set a “buy” rating for the company in a report on Tuesday, September 22nd. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $100.53.

Sempra Energy Stock Down 3.0%

Shares of NYSE SRE opened at $82.79 on Thursday. The company’s 50-day simple moving average is $82.28 and its 200-day simple moving average is $89.34. Sempra Energy has a 52-week low of $76.21 and a 52-week high of $101.04. The firm has a market cap of $54.13 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 2.35 and a beta of 0.55. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same period last year, the firm posted $0.89 earnings per share. The company’s revenue was down .1% compared to the same quarter last year.

Sempra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, September 24th were given a dividend of $0.6575 per share. The ex-dividend date was Thursday, September 24th. This represents a $2.63 dividend on an annualized basis and a yield of 3.2%. Sempra Energy’s payout ratio is presently 76.23%.

Institutional Trading of Sempra Energy

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Sempra Energy in the 2nd quarter worth approximately $5,588,577,000. Bank of America Corp DE grew its position in shares of Sempra Energy by 16.1% in the first quarter. Bank of America Corp DE now owns 10,385,174 shares of the utilities provider’s stock valued at $1,009,127,000 after purchasing an additional 1,441,981 shares in the last quarter. Deutsche Bank AG purchased a new stake in shares of Sempra Energy in the second quarter valued at approximately $896,599,000. Legal & General Group Plc purchased a new stake in shares of Sempra Energy in the second quarter valued at approximately $538,775,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Sempra Energy in the second quarter valued at approximately $465,202,000. Hedge funds and other institutional investors own 89.65% of the company’s stock.

About Sempra Energy

Sempra is an energy infrastructure company headquartered in San Diego, California. Through its regulated utility businesses, the company provides natural gas and electric service to customers in California, including through Southern California Gas Company and San Diego Gas & Electric Company.

Sempra also develops, owns, and operates energy infrastructure in North America. Its activities include natural gas pipelines and storage, liquefied natural gas infrastructure, renewable energy and battery storage projects, and electric transmission and distribution assets.