Sempra Energy (NYSE:SRE) Stock Has Consensus Price Target of $100.00 According to Analysts

Sempra Energy (NYSE:SRE) has been assigned an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $98.77.

Several analysts have recently commented on SRE shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sempra Energy in a research report on Friday, July 17th. Morgan Stanley dropped their price objective on shares of Sempra Energy from $104.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, September 18th. TD Cowen started coverage on Sempra Energy in a research report on Wednesday, July 8th. They set a “buy” rating for the company. Mizuho reaffirmed a “neutral” rating and issued a $84.00 target price (down from $104.00) on shares of Sempra Energy in a research note on Monday, August 31st. Finally, Jefferies Financial Group raised Sempra Energy from a “hold” rating to a “buy” rating and reduced their target price for the company from $101.00 to $97.00 in a research note on Tuesday, September 1st.

Hedge Funds Weigh In On Sempra Energy

Institutional investors have recently made changes to their positions in the stock. Bell Investment Advisors Inc grew its holdings 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 buying an additional 116 shares during the period. Frazier Financial Advisors LLC acquired a new position in shares of Sempra Energy during the 2nd quarter valued at about $25,000. Anchor Investment Management LLC acquired a new stake in shares of Sempra Energy in the second quarter worth approximately $26,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Sempra Energy in the second quarter worth approximately $27,000. Finally, Silvant Capital Management LLC purchased a new stake in Sempra Energy in the second quarter valued at approximately $28,000. 89.65% of the stock is owned by institutional investors and hedge funds.

Sempra Energy Price Performance

Sempra Energy stock opened at $81.82 on Friday. Sempra Energy has a 52 week low of $76.21 and a 52 week high of $101.04. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The firm’s 50-day simple moving average is $82.74 and its 200 day simple moving average is $89.36. The firm has a market capitalization of $53.50 billion, a PE ratio of 23.72, a P/E/G ratio of 2.25 and a beta of 0.55.

Sempra Energy (NYSE:SRE) last issued its quarterly earnings data on Thursday, August 6th. The utilities provider reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the prior year, the company earned $0.89 EPS. The firm’s revenue was down .1% on a year-over-year basis. 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. On average, equities research analysts predict that Sempra Energy will post 5.12 EPS for the current fiscal year.

Sempra Energy Announces Dividend

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