Sempra (SRE)

NYSE: SRE · IEX Real-Time Price · USD
71.32
-0.66 (-0.92%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-0.92%
Market Cap 45.08B
Revenue (ttm) 16.72B
Net Income (ttm) 3.03B
Shares Out 632.15M
EPS (ttm) 4.79
PE Ratio 14.89
Forward PE 14.79
Dividend $2.48 (3.48%)
Ex-Dividend Date Mar 20, 2024
Volume 3,115,434
Open 72.03
Previous Close 71.98
Day's Range 71.31 - 72.36
52-Week Range 63.75 - 79.30
Beta 0.71
Analysts Strong Buy
Price Target 83.05 (+16.45%)
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 $83.05, which is an increase of 16.45% from the latest price.

Price Target
$83.05
(16.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 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...

8 days 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.

8 days 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...

9 days 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...

17 days 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
17 days 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
23 days 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...

5 weeks 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,...

6 weeks 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...

6 weeks 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...

6 weeks 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
6 weeks 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...

7 weeks 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 ...

2 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...

2 months ago - PRNewsWire

SoCalGas Showcases Zero Emissions Hydrogen Fuel Cell Electric Technologies by Kenworth and Toyota at 2024 World Ag Expo

The innovative hydrogen technology can help commercial customers decarbonize their fleet and reduce local air pollution from the transportation sector, the largest generator of greenhouse gas and nitr...

2 months ago - PRNewsWire

Sempra Named to JUST 100 List for America's Most JUST Companies of 2024

Ranks top 10 in utilities sector for corporate responsibility SAN DIEGO , Feb. 8, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the JUST 100 list by CNBC and JUST Capital, which...

2 months ago - PRNewsWire

Sempra Infrastructure and Japan Bank for International Cooperation to Develop Strategic Collaboration in Support of the Energy Transition

HOUSTON , Feb. 2, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that it has entered into a memorandum of understanding (MOU) with the Japan...

3 months ago - PRNewsWire

Sempra Named One of World's Most Admired Companies by Fortune Magazine

2024 recognition marks Sempra's 14th consecutive year on Fortune's list SAN DIEGO , Feb. 1, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named one of the World's Most Admired Companies ...

3 months ago - PRNewsWire

ONCOR TO RELEASE 2023 RESULTS FEBRUARY 27

DALLAS , Jan. 29, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its fourth quarter and year end 2023 results on February 27, prior to Sempra's (NYSE: SRE) (BMV: S...

3 months ago - PRNewsWire

Sempra to Report Fourth-Quarter and Full-Year 2023 Earnings February 27

SAN DIEGO , Jan. 29, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its fourth-quarter and full-year 2023 earnings by 7 a.m. ET, Tuesday, Feb. 27.

3 months ago - PRNewsWire

SoCalGas Declares Preferred Dividends

LOS ANGELES , Jan. 24, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as f...

3 months ago - PRNewsWire

SoCalGas Supports Nostromo Energy's Installation of an Innovative Energy Storage Solution Designed to Enhance Grid Resilience and Lower Energy Expenses at Beverly Hilton and Waldorf Astoria Hotels

The IceBrick System could reduce the hotels' energy bills and greenhouse gas emissions LOS ANGELES and IRVINE, Calif. , Jan. 22, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today a...

3 months ago - PRNewsWire