FY2027 Earnings Forecast for Sempra Energy Issued By KeyCorp

Sempra Energy (NYSE:SRE) – Equities research analysts at KeyCorp upped their FY2027 earnings estimates for Sempra Energy in a report issued on Monday, October 12th. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings per share of $5.51 for the year, up from their previous estimate of $5.49. The consensus estimate for Sempra Energy’s current full-year earnings is $5.12 per share. KeyCorp also issued estimates for Sempra Energy’s FY2028 earnings at $5.96 EPS.

SRE has been the topic of a number of other research reports. TD Cowen initiated coverage on Sempra Energy in a research note on Wednesday, July 8th. They issued a “buy” rating on the stock. Barclays restated an “overweight” rating and issued a $90.00 target price (down from $103.00) on shares of Sempra Energy in a research note on Monday. Truist Financial set a $94.00 target price on Sempra Energy and gave the company a “buy” rating in a research note on Wednesday. Scotiabank started coverage on Sempra Energy in a report on Tuesday, September 29th. They issued a “sector perform” rating and a $83.00 price target for the company. Finally, Jefferies Financial Group upgraded shares of Sempra Energy from a “hold” rating to a “buy” rating and reduced their price target for the stock from $101.00 to $97.00 in a research report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Sempra Energy presently has an average rating of “Moderate Buy” and a consensus price target of $101.03.

Sempra Energy Trading Down 0.5%

SRE stock opened at $81.96 on Thursday. The business has a fifty day moving average price of $82.59 and a 200 day moving average price of $89.17. Sempra Energy has a fifty-two week low of $76.21 and a fifty-two week high of $101.04. The stock has a market capitalization of $53.60 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 2.28 and a beta of 0.55. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.62.

Sempra Energy (NYSE:SRE) last announced its earnings results on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, topping the consensus estimate of $1.01 by $0.15. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.14 billion. Sempra Energy had a return on equity of 8.49% and a net margin of 16.70%. Sempra Energy’s revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 EPS. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS.

Hedge Funds Weigh In On Sempra Energy

Several hedge funds have recently added to or reduced their stakes in SRE. Bell Investment Advisors Inc lifted its stake in Sempra Energy by 79.5% in the 1st quarter. Bell Investment Advisors Inc now owns 262 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 116 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in Sempra Energy during the 2nd quarter worth approximately $25,000. Anchor Investment Management LLC acquired a new position in Sempra Energy during the 2nd quarter worth approximately $26,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Sempra Energy during the 2nd quarter worth approximately $27,000. Finally, Silvant Capital Management LLC bought a new position in shares of Sempra Energy during the 2nd quarter worth approximately $28,000. Institutional investors own 89.65% of the company’s stock.

Sempra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.6575 per share. This represents a $2.63 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, September 24th. Sempra Energy’s dividend payout ratio is 76.23%.

About Sempra Energy

Sempra, formerly known as Sempra Energy, is an energy infrastructure company headquartered in San Diego, California. The company develops, owns and operates infrastructure that supports the delivery of electricity and natural gas, with operations focused primarily on North America.

Sempra’s principal businesses include regulated utilities and infrastructure development. Its California utilities, San Diego Gas & Electric and Southern California Gas, provide electric and natural gas services to customers in Southern California.