DBA Sempra which can be found using ticker (SRE) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 182 and 150 and has a mean target at $169.45. Given that the stocks previous close was at $144.32 this indicates there is a potential upside of 17.4%. It’s also worth noting that there is a 50 day moving average of $153.00 and the 200 day moving average is $156.14. The company has a market cap of $45,754m. Visit the company website at: https://www.sempra.com
The potential market cap would be $53,721m based on the market consensus.
Sempra Energy operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. The San Diego Gas & Electric Company segment provides to San Diego and southern Orange counties; and natural gas service to San Diego County. It generates electricity through wind, solar, and other resources. As of December 31, 2022, 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. The Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2022, it serves a population of 21.1 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2022, its transmission system included 18,268 circuit miles of transmission lines; 1,207 transmission and distribution substations; interconnection to 146 third-party generation facilities totaling 48,430 MW; and distribution system included approximately 3.9 million points of delivery and consisted of 123,500 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Mineral Energy company and changed its name to Sempra Energy in 1998. Sempra Energy was founded in 1998 and is based in San Diego, California.
The company has a dividend yield of 3.3% with the ex dividend date set at 21-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.97, revenue per share of 45.82 and a 2.07% return on assets.
