Confused? Buy or Sell in volatile market – Analyst report Sempra Energy (NYSE:SRE)

Earnings results for Sempra Energy (NYSE:SRE)

Sempra Energy is expected* to report earnings on 02/25/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.55. The reported EPS for the same quarter last year was $1.55.

Analyst Opinion on Sempra Energy (NYSE:SRE)

14 Wall Street analysts have issued ratings and price targets for Sempra Energy in the last 12 months. Their average twelve-month price target is $143.23, predicting that the stock has a possible upside of 16.77%. The high price target for SRE is $173.00 and the low price target for SRE is $120.00. There are currently 6 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

Sempra Energy has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $143.23, Sempra Energy has a forecasted upside of 16.8% from its current price of $122.66. Sempra Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Sempra Energy (NYSE:SRE)

Sempra Energy pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends. Sempra Energy has been increasing its dividend for 10 years. The dividend payout ratio of Sempra Energy is 61.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sempra Energy will have a dividend payout ratio of 51.80% next year. This indicates that Sempra Energy will be able to sustain or increase its dividend.

Insiders buying/selling: Sempra Energy (NYSE:SRE)

In the past three months, Sempra Energy insiders have not sold or bought any company stock. Only 0.09% of the stock of Sempra Energy is held by insiders. 83.76% of the stock of Sempra Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Sempra Energy (NYSE:SRE

Earnings for Sempra Energy are expected to grow by 5.08% in the coming year, from $7.68 to $8.07 per share. The P/E ratio of Sempra Energy is 9.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.80. The P/E ratio of Sempra Energy is 9.51, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 34.56. Sempra Energy has a PEG Ratio of 2.07. PEG Ratios above 1 indicate that a company could be overvalued. Sempra Energy has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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