In the latest trading session, 5.06 million Sempra (NYSE:SRE) shares changed hands as the company’s beta touched 0.78. With the company’s most recent per share price at $73.84 changing hands around $3.2 or 4.53% at last look, the market valuation stands at $46.77B. SRE’s current price is a discount, trading about -29.7% off its 52-week high of $95.77. The share price had its 52-week low at $64.89, which suggests the last value was 12.12% up since then.
Analysts gave the Sempra (SRE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.68. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SRE as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Sempra’s EPS for the current quarter is expected to be 1.35.
Sempra (NYSE:SRE) trade information
Instantly SRE is in green as seen in intraday trades today. With action -13.48%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -15.82%, with the 5-day performance at -13.48% in the red. However, in the 30-day time frame, Sempra (NYSE:SRE) is -10.12% down.
The consensus price target for the stock as assigned by Wall Street analysts is 93, meaning bulls need an upside of 20.6% from its recent market value. According to analyst projections, SRE’s forecast low is 85 with 98 as the target high. To hit the forecast high, the stock’s price needs a -32.72% plunge from its current level, while the stock would need to soar -15.11% for it to hit the projected low.
Sempra (SRE) estimates and forecasts
Year-over-year growth is forecast to reach 30.29% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 3.9B. 3 analysts are of the opinion that Sempra’s revenue for the current quarter will be 3.24B. The company’s revenue for the corresponding quarters a year ago was 3.64B and 3.01B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.05%. The estimates for the next quarter sales put growth at 7.76%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.94%. The 2025 estimates are for Sempra earnings to increase by 3.44%, but the outlook for the next 5-year period is at 6.94% per year.
SRE Dividends
Sempra is expected to release its next quarterly earnings report in March. The 3.36% annual yield figure for the share gives it an annual dividend of 2.48. It is important to note, however, that the 3.36% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Sempra (NYSE:SRE)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.7553% or 61.79 million shares worth $4.7 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Washington Mutual Investors Fund. With 20.06 shares estimated at $1.47 billion under it, the former controlled 3.17% of total outstanding shares. On the other hand, Washington Mutual Investors Fund held about 2.86% of the shares, roughly 18.13 shares worth around $1.33 billion.
