Sempra Energy (SRE) Given Daily News Sentiment Score of 0.03
News headlines about Sempra Energy (NYSE:SRE) have trended somewhat positive recently, Alpha One Sentiment reports. Alpha One, a service of Accern, rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sempra Energy earned a news impact score of 0.03 on Alpha One’s scale. Alpha One also assigned press coverage about the utilities provider an impact score of 97 out of 100, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the near term.
Sempra Energy (NYSE:SRE) traded up 0.20% during mid-day trading on Friday, reaching $112.52. The company had a trading volume of 1,471,345 shares. The company has a market capitalization of $28.19 billion, a price-to-earnings ratio of 20.61 and a beta of 0.47. The stock has a 50-day moving average of $110.61 and a 200 day moving average of $104.62. Sempra Energy has a 12-month low of $92.95 and a 12-month high of $114.66.
Sempra Energy (NYSE:SRE) last posted its quarterly earnings data on Tuesday, February 28th. The utilities provider reported $1.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.03. The company earned $2.87 billion during the quarter, compared to analyst estimates of $2.84 billion. Sempra Energy had a return on equity of 9.41% and a net margin of 13.24%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $1.47 earnings per share. On average, analysts expect that Sempra Energy will post $5.10 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, April 15th. Investors of record on Thursday, March 23rd were paid a dividend of $0.8225 per share. This is a positive change from Sempra Energy’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Tuesday, March 21st. This represents a $3.29 annualized dividend and a yield of 2.92%. Sempra Energy’s dividend payout ratio (DPR) is currently 57.41%.
A number of research analysts recently weighed in on the company. Barclays PLC boosted their target price on Sempra Energy from $108.00 to $113.00 and gave the stock an “overweight” rating in a report on Wednesday, February 8th. Zacks Investment Research raised Sempra Energy from a “sell” rating to a “hold” rating in a report on Thursday, February 9th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Sempra Energy has an average rating of “Buy” and an average target price of $113.62.
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In related news, insider Joseph A. Householder sold 6,472 shares of Sempra Energy stock in a transaction on Tuesday, January 24th. The stock was sold at an average price of $102.10, for a total transaction of $660,791.20. Following the completion of the sale, the insider now owns 47,425 shares of the company’s stock, valued at $4,842,092.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Debra L. Reed sold 17,300 shares of Sempra Energy stock in a transaction on Monday, January 23rd. The shares were sold at an average price of $102.34, for a total value of $1,770,482.00. Following the sale, the chairman now directly owns 127,645 shares of the company’s stock, valued at approximately $13,063,189.30. The disclosure for this sale can be found here. Insiders have sold 46,267 shares of company stock valued at $4,884,427 in the last three months. 0.16% of the stock is owned by corporate insiders.
Sempra Energy Company Profile
Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.
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