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Company Update (NYSE:SRE): Sempra Energy To Report Fourth-Quarter 2015 Earnings Feb. 26

[PR Newswire] – SAN DIEGO, Feb. 12, 2016 /PRNewswire/ — Sempra Energy (NYSE: SRE) plans to announce its fourth-quarter 2015 earnings at 9 a.m. EST, Feb. 26. Sempra Energy executives will conduct a conference call at … Read more on this. Sempra Energy (SRE) , valued at $23.58B, began trading this morning at $94.95. Today, shares have traded between $94.05 and $95.10 per share and has traded between $86.72 and $112.90 over the past 12 months. SRE shares are currently priced at 18.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 12.92x earnings multiple. And for income investors, 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 decrease. In looking at the bigger picture, the full-year EPS estimate of $5.06 would be a $0.35 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.81 Billion. If realized, that would be a 38.55% increase over the year-ago quarter. More 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 22.80% above where the stock opened. See more in (NYSE:SRE) Similar Articles: Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Sempra Energy – SRE Company Update (NYSE:SRE): Sempra Energy To Report Third-Quarter 2015 Earnings Nov. 3 Company Update: Sempra Energy (NYSE:SRE) – Sempra U.S. Gas & Power Receives Renewable Energy Award at National Clean Energy Summit
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