Sempra (SRE)

NYSE: SRE · IEX Real-Time Price · USD
78.17
+0.50 (0.64%)
At close: May 17, 2024, 4:00 PM
78.34
+0.17 (0.22%)
After-hours: May 17, 2024, 7:54 PM EDT
0.64%
Market Cap 49.43B
Revenue (ttm) 13.80B
Net Income (ttm) 2.86B
Shares Out 632.85M
EPS (ttm) 4.52
PE Ratio 17.31
Forward PE 15.52
Dividend $2.48 (3.17%)
Ex-Dividend Date Jun 27, 2024
Volume 1,578,710
Open 77.83
Previous Close 77.67
Day's Range 77.40 - 78.30
52-Week Range 63.75 - 78.40
Beta 0.70
Analysts Strong Buy
Price Target 83.77 (+7.16%)
Earnings Date May 7, 2024

About SRE

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. As of December 31, 2023, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. This segment owns and operates a natural gas distributi... [Read more]

Sector Utilities
Founded 1998
Employees 30,705
Stock Exchange NYSE
Ticker Symbol SRE
Full Company Profile

Financial Performance

In 2023, Sempra's revenue was $16.72 billion, an increase of 15.80% compared to the previous year's $14.44 billion. Earnings were $3.03 billion, an increase of 44.70%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SRE stock is "Strong Buy." The 12-month stock price forecast is $83.77, which is an increase of 7.16% from the latest price.

Price Target
$83.77
(7.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nonprofit Organizations Can Now Apply for Grants of up to $50,000 to Further Climate Solutions through the SoCal Climate Champions Grant Program

SoCalGas will award nonprofit organizations across the utility's service area with grants for projects, programs, and research that encourage and foster clean, safe, and innovative solutions toward a ...

3 days ago - PRNewsWire

Sempra Declares Common Dividend

SAN DIEGO , May 14, 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, whic...

4 days ago - PRNewsWire

SoCalGas Releases 2023 Corporate Sustainability Report

The report highlights the utility's progress on its ASPIRE 2045 sustainability strategy LOS ANGELES , May 13, 2024 /PRNewswire/ --   Southern California Gas Company (SoCalGas) released its stand-alone...

5 days ago - PRNewsWire

Sempra Releases Ideas with Energy, 2023 Corporate Sustainability Report

SAN DIEGO , May 9, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today shared its 2023 Corporate Sustainability Report – Ideas with Energy – highlighting how the company's sustainable business pr...

9 days ago - PRNewsWire

ONCOR REPORTS FIRST QUARTER 2024 RESULTS

DALLAS , May 7, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended March 31, 2024 net income of $225 million compared to reported three months ended M...

11 days ago - PRNewsWire

Sempra Reports First-Quarter 2024 Results

Reports $3B System Resiliency Plan Filed at Oncor Reaches FID on Cimarr ó n Wind Farm at Sempra Infrastructure SAN DIEGO , May 7, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported firs...

11 days ago - PRNewsWire

Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - CMS Energy (NYSE:CMS), PPL (NYSE:PPL)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: CMSPPL
16 days ago - Benzinga

SoCalGas Earns ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency for the Second Consecutive Year

The award is one of the ENERGY STAR program's highest levels of recognition and reflects the utility's efforts to help its customers save money, conserve energy and transition to a net-zero emissions ...

18 days ago - PRNewsWire

Sempra Named a Best Employer for Diversity by Forbes

SAN DIEGO , April 25, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot...

23 days ago - PRNewsWire

ONCOR TO RELEASE FIRST QUARTER 2024 RESULTS MAY 7

DALLAS , April 19, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2024 results on May 7, prior to Sempra's (NYSE: SRE) (BMV: SRE) first quarter 2...

4 weeks ago - PRNewsWire

Sempra to Report First-Quarter 2024 Earnings May 7

SAN DIEGO , April 19, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its first-quarter 2024 earnings by 8 a.m. ET on Tuesday, May 7.

4 weeks ago - PRNewsWire

SoCalGas Hosts U.S. Department of Energy's Second Annual Minority Business Summit, Emphasizing the Importance of Diverse Spending

700 diverse business leaders from 33 states will have the opportunity to learn about $400 billion in federal procurement opportunities; special guest Daymond John Media assets including videos and pic...

4 weeks ago - PRNewsWire

SDG&E RECOGNIZED FOR PUBLIC SAFETY PARTNER PORTAL

Portal provides safety partners with electrical hazard situational awareness and resources to better serve our community during emergency conditions SAN DIEGO , April 10, 2024 /PRNewswire/ -- San Dieg...

5 weeks ago - PRNewsWire

Let's Buy These ‘Hated' Dividends Before They Soar In 2024

We've got a great shot at locking in big yields—and big dividend growth—on utility stocks. But we need to buy now, before rates start their (inevitable) decline.

Other symbols: LNTNEE
5 weeks ago - Forbes

Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - Sempra (NYSE:SRE), NextEra Energy (NYSE:NEE)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: NEEWTRG
6 weeks ago - Benzinga

SoCalGas Joins Lawrence Livermore National Laboratory and Electrochaea to Help Advance Gas Infrastructure Decarbonization

This innovative technology could help revolutionize biomethane production and help decarbonize gas infrastructure by displacing traditional natural gas with carbon-neutral synthetic biomethane. LOS AN...

2 months ago - PRNewsWire

Sempra Infrastructure Launches Cimarron Wind Project

HOUSTON , March 14, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today that it reached a positive final investment decision for the development,...

2 months ago - PRNewsWire

SDG&E'S SUPPLY CHAIN BOOSTS ECONOMY BY $2.6 BILLION IN 2023

Program Expanded Opportunities for Hundreds of Small and Diverse Businesses, Helping to Promote Economic Prosperity SAN DIEGO, March 13, 2024 /PRNewswire/ -- San Diego Gas & Electric's (SDG&E) procure...

2 months ago - PRNewsWire

Students Learn About Financial Literacy and Energy Efficiency Through SoCalGas' Junior Achievement Storefront that Showcases Clean Energy's Future

The storefront is modeled after SoCalGas' [H2] Innovation Experience and equips the next generation of leaders with knowledge of clean energy LOS ANGELES , March 13, 2024 /PRNewswire/ -- Southern Cali...

2 months ago - PRNewsWire

3 AI Stocks Everyone's Missed

AI stocks are booming—but they're an absolute “dividend desert” for us contrarian income-seekers.

Other symbols: ESSMETA
2 months ago - Forbes

SoCalGas Exceeds California's Supplier Diversity Procurement Goal for 31st Consecutive Year, Purchasing Over 44% of all Goods and Services from Diverse Businesses in 2023

Over $1 billion spent with minority, women, disabled veteran, and/or LGBT-owned businesses; nearly 87%  of businesses based in California LOS ANGELES , March 6, 2024 /PRNewswire/ -- Today, SoCalGas an...

2 months ago - PRNewsWire

ONCOR REPORTS 2023 RESULTS; ANNOUNCES $24.2 BILLION 2024-2028 CAPITAL PLAN

DALLAS , Feb. 27, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported twelve months ended December 31, 2023 net income of $864 million compared to twelve months ended Dec...

2 months ago - PRNewsWire

Sempra Reports 2023 Financial and Business Results

Announces 20% Increase in Capital Plan to $48 Billion Raises Annualized Common Stock Dividend for 14th Consecutive Year Narrows Full-Year 2024 and Issues 2025 EPS Guidance Ranges Affirms 6-8% Projecte...

2 months ago - PRNewsWire

Grants of Up to $200 Available to Help SoCalGas Customers in Need

$1 million in Gas Assistance Funds available today to support eligible residential customers LOS ANGELES , Feb. 14, 2024 /PRNewswire/ -- Today, SoCalGas announced there is $1 million available in the ...

3 months ago - PRNewsWire

SDG&E UNVEILS FOUR ADVANCED MICROGRIDS TO BOOST GRID RESILIENCE AND RELIABILITY

Video of San Diego microgrid site available here.  SAN DIEGO , Feb. 13, 2024 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) unveiled four new microgrids featuring advanced remote operation capabilit...

3 months ago - PRNewsWire