Sempra
SRE

$82.10

1.19%

Market Cap: $52B

About: Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Employees: 16,835

Utilities Gas & Other Services Combined

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

232% more call options, than puts

Call options by funds: $87.8M | Put options by funds: $26.4M

30% more funds holding in top 10

Funds holding in top 10: 10 [Q1] → 13 (+3) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 400 | Existing positions reduced: 353

6% more capital invested

Capital invested by funds: $40.9B [Q1] → $43.5B (+$2.56B) [Q2]

1% less funds holding

Funds holding: 1,021 [Q1] → 1,012 (-9) [Q2]

8% less first-time investments, than exits

New positions opened: 97 | Existing positions closed: 106

137.38% less ownership

Funds ownership: 227.71% [Q1] → 90.33% (-137.38%) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$76

7%

downside

Avg. target

$82

0%

upside

High target

$87

6%

upside

5 analyst ratings

3 positive

60%

2 neutral

40%

0 negative

0%

Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target	3%downside $80	Equal-Weight Maintained	23 Aug 2024
Barclays Eric Beaumont 67% 1-year accuracy 22 / 33 met price target	6%upside $87	Overweight Maintained	13 Aug 2024
Evercore ISI Group Durgesh Chopra 74% 1-year accuracy 14 / 19 met price target	2%upside $84	Outperform Maintained	7 Aug 2024
BMO Capital James Thalacker 87% 1-year accuracy 52 / 60 met price target	2%upside $84	Outperform Maintained	10 Jul 2024
Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target	7%downside $76	Equal-Weight Maintained	24 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about SRE published over the past 30 days

Zacks Investment Research

Want to Ride the Natural Gas Stocks Wave? Watch These 3: LNG, SRE, KMI

Energy companies in the United States that are at the forefront of the liquefied natural gas boom are LNG, SRE, KMI.

Want to Ride the Natural Gas Stocks Wave? Watch These 3: LNG, SRE, KMI

Sempra Declares Common and Preferred Dividends

SAN DIEGO , Sept. 4, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, which is payable Oct. 15, 2024, to common stock shareholders of record at the close of business on Sept.

Sempra Declares Common and Preferred Dividends

Sempra Named to FTSE4Good Index Series for Sustainable Business Practices

SAN DIEGO , Aug. 15, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) continues to achieve recognition for its sustainable business practices, ranking on the prestigious FTSE4Good Index Series for the ninth consecutive year. The FTSE4Good Index Series recognized Sempra's strong performance across multiple categories including corporate governance, labor standards, community engagement and more.

Sempra Named to FTSE4Good Index Series for Sustainable Business Practices

SoCalGas Declares Preferred Dividends

LOS ANGELES , Aug. 8, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on October 15, 2024, to shareholders of record on September 10, 2024. About SoCalGas SoCalGas is the largest gas distribution utility in the United States serving approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California.

SoCalGas Declares Preferred Dividends

7 Set-and-Forget Retirement Stocks With Potential to Pay You Forever

More and more Americans are looking for reliable, long-term stocks to bolster their retirement portfolios. While Americans continue to look for ways to retire younger, it is becoming harder to save for retirement.

7 Set-and-Forget Retirement Stocks With Potential to Pay You Forever

Sempra (SRE) Q2 2024 Earnings Call Transcript

Sempra (NYSE:SRE ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Glen Donovan - SVP, Finance Jeff Martin - Chairman & CEO Karen Sedgwick - EVP & CFO Trevor Mihalik - EVP & Group President, Sempra California Justin Bird - EVP & CEO, Sempra Infrastructure Allen Nye - CEO, Oncor Peter Wall - SVP, Controller & CAO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Jefferies Carly Davenport - Goldman Sachs Operator Good day, and welcome to Sempra's Second Quarter Earnings Call. Today's conference is being recorded.

Sempra (SRE) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Sempra (SRE) Q2 Earnings Miss Estimates, Revenues Decline Y/Y

Sempra Energy's (SRE) second-quarter 2024 earnings and revenues lag estimates. The company reiterates its 2024 EPS outlook.

Sempra (SRE) Q2 Earnings Miss Estimates, Revenues Decline Y/Y

Zacks Investment Research

Sempra (SRE) Q2 Earnings and Revenues Lag Estimates

Sempra (SRE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.94 per share a year ago.

Sempra (SRE) Q2 Earnings and Revenues Lag Estimates

Sempra posts higher Q2 profit on record-high temperatures

U.S. utility Sempra posted a rise in second-quarter profit on Tuesday, as it benefited from strong demand for electricity during the peak summer months.

Sempra posts higher Q2 profit on record-high temperatures

Oncor Reports Second Quarter 2024 Results

DALLAS , Aug. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended June 30, 2024 net income of $251 million compared to three months ended June 30, 2023 net income of $200 million. The $51 million increase was driven by higher revenues primarily due to updated interim rates to reflect increases in invested capital, increases in transmission billing units, higher customer consumption primarily attributable to weather, the new base rates implemented in May 2023 and customer growth, partially offset by higher costs associated with increases in invested capital (primarily borrowing costs and depreciation) and higher operation and maintenance ("O&M") expense.

Oncor Reports Second Quarter 2024 Results

See News Rankings