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Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Sempra Energy – SRE

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 8, 2016 / Pomerantz LLP is investigating claims on behalf of investors of Sempra Energy (“Sempra” or the “Company”) (NYSE: SRE). Such investors … Read more on this. Sempra Energy (SRE) , valued at $23.44B, opened at $94.87. During the trading session, SRE traded between $93.03 to $95.29 with its 52-week range being $86.72 to $112.90. Priced at 18.84x this year’s forecasted earnings, SRE shares are relatively expensive compared to the industry ’s 8.46x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.80 per share annually in dividends, yielding 2.95%. In a review of the consensus earnings estimate this quarter, 10 sell-side analysts are looking at $1.32 per share, which would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $5.06 which would be a $0.35 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.81 Billion. If reported, that would be a 38.55% increase over the year-ago quarter. Recently, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. The average price target for SRE shares by the analysts covering it is $116.60, which is 22.91% above where the stock opened. See more in (NYSE:SRE) Similar Articles: Company Update (NYSE:SRE): Sempra Energy To Report Third-Quarter 2015 Earnings Nov. 3 Stock Update: Sempra Energy (NYSE:SRE) – Sempra Energy Named To Dow Jones Sustainability Indices Company Update: Sempra Energy (NYSE:SRE) – Sempra U.S. Gas & Power Receives Renewable Energy Award at National Clean Energy Summit
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