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Stock Update: Sempra Energy (NYSE:SRE) – Sempra Energy To Webcast Analyst Conference July 19

[PR Newswire] – SAN DIEGO, July 5, 2016 /PRNewswire/ — Top executives from Sempra Energy (NYSE: SRE) will provide an update on the company’s strategy and financial goals at 1:30 p.m. EDT, July 19, on a live webcast from … Read more on this. Sempra Energy (SRE) , with a current market cap of $28.31B, opened at $113.41. During today’s session, SRE traded between $113.21 to $114.14 and has traded between $86.72 and $114.40 over the past year. SRE shares are currently priced at 23.50x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.26x earnings multiple for the same period. And for passive income investors, the company pays shareholders $3.02 per share annually in dividends, yielding 2.66%. Consensus earnings for the current quarter by the 8 sell-side analysts covering the stock is an estimate of $0.98 per share, which would be $0.05 worse than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $4.83 which would be a $0.38 worse than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.61 Billion. If realized, that would be a 10.13% 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 is $114.92, which is 1.33% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Market Update: Sempra Energy (NYSE:SRE) – Sempra Energy Releases Latest Corporate Responsibility Report Stock Update: Sempra Energy (NYSE:SRE) – IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces An Ongoing Investigation of Claims Against Sempra Energy And Strongly Encourages With Losses In Excess of $300,000 To Contact The Firm Stock Update: Sempra Energy (NYSE:SRE) – Scott+Scott, Attorneys at Law, LLP Announces Investigation of Sempra Energy
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