Sempra (SRE) Expected to Announce Quarterly Earnings on Thursday

Sempra (NYSE:SRE) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $1.25 per share and revenue of $3.90 billion for the quarter.

Sempra (NYSE:SRE) last posted its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.03. Sempra had a return on equity of 8.06% and a net margin of 22.63%. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter in the prior year, the company earned $1.13 EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts expect Sempra to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Sempra Trading Down 0.3 %

Shares of Sempra stock opened at $75.15 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.47 and a current ratio of 0.52. The stock has a market capitalization of $48.99 billion, a P/E ratio of 16.55, a P/E/G ratio of 2.19 and a beta of 0.63. Sempra has a 52-week low of $61.90 and a 52-week high of $95.77. The stock’s 50-day simple moving average is $70.63 and its 200 day simple moving average is $80.70.

Sempra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, March 20th were paid a dividend of $0.645 per share. This is a boost from Sempra’s previous quarterly dividend of $0.62. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Thursday, March 20th. Sempra’s dividend payout ratio is presently 58.37%.

Insider Transactions at Sempra

In other news, Director Cynthia J. Warner purchased 700 shares of the stock in a transaction on Thursday, March 6th. The shares were acquired at an average price of $70.65 per share, with a total value of $49,455.00. Following the completion of the acquisition, the director now directly owns 8,759 shares of the company’s stock, valued at $618,823.35. This trade represents a 8.69 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Justin Christopher Bird sold 4,817 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $71.23, for a total value of $343,114.91. Following the completion of the sale, the executive vice president now owns 19,778 shares of the company’s stock, valued at $1,408,786.94. The trade was a 19.59 % decrease in their position. The disclosure for this sale can be found here. Insiders acquired 9,319 shares of company stock worth $651,676 over the last quarter. 0.27% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SRE has been the topic of a number of analyst reports. The Goldman Sachs Group cut shares of Sempra from a “buy” rating to a “neutral” rating and lowered their target price for the company from $99.00 to $76.00 in a report on Wednesday, February 26th. BMO Capital Markets dropped their price objective on Sempra from $92.00 to $78.00 and set an “outperform” rating on the stock in a report on Tuesday, March 4th. Citigroup decreased their price target on Sempra from $93.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 9th. Argus lowered shares of Sempra from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Finally, Barclays cut shares of Sempra from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $95.00 to $72.00 in a research note on Thursday, February 27th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.54.

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.