KeyCorp Has Strong Estimate for Sempra FY2026 Earnings

Sempra (NYSE:SRE) – Equities researchers at KeyCorp raised their FY2026 earnings estimates for shares of Sempra in a research report issued on Tuesday, December 3rd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings per share of $5.56 for the year, up from their previous estimate of $5.54. The consensus estimate for Sempra’s current full-year earnings is $4.76 per share. KeyCorp also issued estimates for Sempra’s FY2027 earnings at $5.90 EPS.

Sempra (NYSE:SRE) last issued its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.16). The firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $3.54 billion. Sempra had a return on equity of 8.06% and a net margin of 22.63%. Sempra’s revenue for the quarter was down 16.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.08 earnings per share.

A number of other equities analysts also recently weighed in on SRE. Evercore ISI raised their target price on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Bank of America initiated coverage on Sempra in a research report on Thursday, September 12th. They set a “buy” rating and a $94.00 price objective for the company. BMO Capital Markets boosted their target price on Sempra from $93.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Morgan Stanley raised their price target on Sempra from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Finally, Barclays upped their price target on shares of Sempra from $89.00 to $99.00 and gave the stock an “overweight” rating in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.91.

Sempra Stock Down 1.5 %

Shares of Sempra stock opened at $89.60 on Friday. Sempra has a 1 year low of $66.40 and a 1 year high of $95.77. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.52 and a quick ratio of 0.47. The company has a 50-day moving average of $87.56 and a 200 day moving average of $81.77. The firm has a market cap of $56.75 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.51 and a beta of 0.77.

Sempra Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.77%. The ex-dividend date is Thursday, December 5th. Sempra’s dividend payout ratio is currently 54.63%.

Insider Activity at Sempra

In related news, VP Trevor I. Mihalik sold 23,713 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $93.09, for a total transaction of $2,207,443.17. Following the completion of the transaction, the vice president now directly owns 11,190 shares of the company’s stock, valued at approximately $1,041,677.10. This represents a 67.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sempra

Several hedge funds have recently added to or reduced their stakes in SRE. Perennial Investment Advisors LLC lifted its holdings in Sempra by 2.8% during the 2nd quarter. Perennial Investment Advisors LLC now owns 4,963 shares of the utilities provider’s stock valued at $377,000 after buying an additional 134 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Sempra by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider’s stock worth $731,000 after purchasing an additional 139 shares during the period. SeaCrest Wealth Management LLC boosted its stake in shares of Sempra by 4.0% during the second quarter. SeaCrest Wealth Management LLC now owns 3,794 shares of the utilities provider’s stock valued at $289,000 after purchasing an additional 147 shares in the last quarter. Lester Murray Antman dba SimplyRich raised its stake in Sempra by 1.2% in the second quarter. Lester Murray Antman dba SimplyRich now owns 12,558 shares of the utilities provider’s stock worth $955,000 after buying an additional 152 shares in the last quarter. Finally, Conning Inc. lifted its holdings in Sempra by 3.8% during the second quarter. Conning Inc. now owns 4,184 shares of the utilities provider’s stock worth $318,000 after buying an additional 154 shares during the period. 89.65% of the stock is currently owned by institutional investors.

About Sempra

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.