Sempra Energy

Sempra Energy Stock Forecast & Price Prediction

Live Sempra Energy Stock (SRE) Price
$92.12

11

Ratings

  • Buy 8
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$92.12

P/E Ratio

20.31

Volume Traded Today

$2.7M

Dividend

$0.62

52 Week High/low

92.66/66.40

Sempra Energy Market Cap

$58.40B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $SRE ๐Ÿ›‘

Before you buy SRE you'll want to see this list of ten stocks that have huge potential. Want to see if SRE made the cut? Enter your email below

SRE Summary

The Sempra Energy (SRE) share price is expected to increase by 0.73% over the next year. This is based on calculating the average 12-month share price estimate provided by 11 stock analysts who have covered SRE. Price targets range from $85 at the low end to $102 at the high end. The current analyst consensus for SRE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

SRE Analyst Ratings

About 11 Wall Street analysts have assignedSRE 8 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Sempra Energy to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SRE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

SRE stock forecast by analyst

These are the latest 20 analyst ratings of SRE.

Analyst/Firm

Rating

Price Target

Change

Date

Durgesh Chopra
Evercore ISI Group

Outperform

$88

Maintains

Nov 7, 2024
Sarah Akers
Wells Fargo

Overweight

$96

Maintains

Nov 7, 2024
Julien Dumoulin-Smith
Jefferies

Buy

$98

Initiates

Oct 24, 2024
James Thalacker
BMO Capital

Outperform

$96

Maintains

Oct 21, 2024
Eric Beaumont
Barclays

Overweight

$89

Maintains

Oct 1, 2024
David Arcaro
Morgan Stanley

Equal-Weight

$85

Maintains

Sep 25, 2024
Ross Fowler
B of A Securities

Buy

$94

Reinstates

Sep 12, 2024
James Thalacker
BMO Capital

Outperform

$93

Maintains

Sep 12, 2024
David Arcaro
Morgan Stanley

Equal-Weight

$80

Maintains

Aug 23, 2024
Eric Beaumont
Barclays

Overweight

$87

Maintains

Aug 13, 2024
Durgesh Chopra
Evercore ISI Group

Outperform

$84

Maintains

Aug 7, 2024
James Thalacker
BMO Capital

Outperform

$84

Maintains

Jul 10, 2024
David Arcaro
Morgan Stanley

Equal-Weight

$76

Maintains

Jun 24, 2024
Paul Fremont
Ladenburg Thalmann

Buy

$79

Maintains

May 29, 2024
Anthony Crowdell
Mizuho

Buy

$86

Maintains

May 17, 2024
Sarah Akers
Wells Fargo

Overweight

$84

Maintains

May 8, 2024
David Arcaro
Morgan Stanley

Equal-Weight

$75

Maintains

Mar 21, 2024
Eric Beaumont
Barclays

Overweight

$79

Maintains

Mar 14, 2024
Shelby Tucker
RBC Capital

Outperform

$82

Reiterates

Mar 6, 2024
Anthony Crowdell
Mizuho

Buy

$79

Maintains

Jan 25, 2024

SRE Company Information

What They Do: Provides energy infrastructure and utility services.

Business Model: Sempra generates revenue through its three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The California segment focuses on electric and natural gas services, serving millions of customers in a large geographic area. The Texas segment is involved in regulated electricity transmission and distribution, while the Infrastructure segment develops and invests in energy projects that support the transition to sustainable energy.

Other Information: Incorporated in 1996, Sempra is headquartered in San Diego, California, and has undergone a rebranding from Sempra Energy to Sempra in May 2023. The company plays a crucial role in energy infrastructure development across North America and has extensive operations that cover millions of customers and vast areas.
SRE
Sempra Energy (SRE)

When did it IPO

1998

Staff Count

16,835

Country

United States

Sector/Industry

Utilities/Utilitiesโ€”Diversified

CEO

Mr. Jeffrey Walker Martin

Market Cap

$58.40B

Sempra Energy (SRE) Financial Data

In 2023, SRE generated $16.72B in revenue, which was a increase of 15.80% from the previous year. This can be seen as a signal that SRE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$11.37B

Revenue From 2021

$12.86B

13.08 %
From Previous Year

Revenue From 2022

$14.44B

12.30 %
From Previous Year

Revenue From 2023

$16.72B

15.80 %
From Previous Year
  • Revenue TTM $12.92B
  • Operating Margin TTM 15.3%
  • Gross profit TTM $6.62B
  • Return on assets TTM 1.8%
  • Return on equity TTM 9.7%
  • Profit Margin 22.7%
  • Book Value Per Share 45.50%
  • Market capitalisation $58.40B
  • Revenue for 2021 $12.86B
  • Revenue for 2022 $14.44B
  • Revenue for 2023 $16.72B
  • EPS this year (TTM) $4.54

Sempra Energy (SRE) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Southern California Gas Company (SoCalGas) will pay quarterly dividends of $0.375 per share on its preferred stock on January 15, 2025, to shareholders on record by December 10, 2024.

Why It Matters - The declaration of dividends by SoCalGas indicates financial stability and confidence in future earnings, potentially attracting income-focused investors and affecting stock valuation.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - SoCalGas is promoting energy-saving tips and efficiency programs for customers as cooler weather approaches, aiming to help manage energy use and maintain comfort.

Why It Matters - SoCalGas's focus on energy efficiency can enhance customer loyalty and reduce operating costs, potentially improving financial performance and stock value amid seasonal demand changes.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Sempra (NYSE: SRE) has been named one of TIME Magazine's World's Best Companies for 2024, recognized for employee satisfaction, revenue growth, and sustainability transparency.

Why It Matters - Sempra's recognition by TIME as one of the World's Best Companies highlights strong employee satisfaction and growth, potentially boosting investor confidence and attracting new capital.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Sempra (NYSE:SRE) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, featuring key executives and analysts from various financial firms.

Why It Matters - The upcoming earnings call provides insights into Sempra's financial performance and strategic direction, impacting stock valuation and investor sentiment.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Sempra (NYSE: SRE) reported Q3 2024 GAAP earnings of $638 million ($1.00/share), down from $721 million ($1.14/share) in Q3 2023. Adjusted earnings were $566 million ($0.89/share), also lower than the previous year.

Why It Matters - Sempra's declining earnings signals potential challenges in profitability, which may affect stock performance and investor confidence moving forward.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Oncor Electric Delivery reported Q3 2024 net income of $324 million, down from $380 million in Q3 2023, due to higher expenses offset by increased revenues from updated rates and customer growth.

Why It Matters - Oncor's declining net income signals rising costs and customer consumption issues, impacting profitability, which may influence investor sentiment and stock performance.

...

SRE Frequently asked questions

The highest forecasted price for SRE is $102 from at .

The lowest forecasted price for SRE is $85 from David Arcaro from Morgan Stanley

The SRE analyst ratings consensus are 8 buy ratings, 3 hold ratings, and 0 sell ratings.