Sempra Energy (SRE) Analysts See $1.01 EPS

October 13, 2017 - By Dolores Ford

 Sempra Energy (SRE) Analysts See $1.01 EPS
Investors sentiment increased to 1.01 in Q2 2017. Its up 0.04, from 0.97 in 2017Q1. It improved, as 44 investors sold Sempra Energy shares while 177 reduced holdings. 55 funds opened positions while 169 raised stakes. 200.08 million shares or 0.33% more from 199.43 million shares in 2017Q1 were reported.
Moreover, Federated Invsts Pa has 0.03% invested in Sempra Energy (NYSE:SRE). 1,913 were accumulated by Tortoise Cap Advsrs Ltd Liability Company. Architects Incorporated reported 1,553 shares or 0.03% of all its holdings. Colonial Trust stated it has 18,811 shares or 0.48% of all its holdings. Dnb Asset Mngmt As has 0% invested in Sempra Energy (NYSE:SRE) for 33,587 shares. Umb Bancorporation N A Mo owns 9,323 shares for 0.04% of their portfolio. Weatherly Asset Mgmt Lp accumulated 0.14% or 4,442 shares. Sumitomo Mitsui Asset Mgmt Ltd holds 0.03% in Sempra Energy (NYSE:SRE) or 18,577 shares. Jacobs Levy Equity Mngmt stated it has 0.02% in Sempra Energy (NYSE:SRE). Paloma Prns Management invested 0.13% of its portfolio in Sempra Energy (NYSE:SRE). Moreover, Sei Invs Co has 0.05% invested in Sempra Energy (NYSE:SRE). Voya Ltd Liability has 0.03% invested in Sempra Energy (NYSE:SRE) for 136,788 shares. Kistler reported 0.04% of its portfolio in Sempra Energy (NYSE:SRE). Nippon Life Glob Americas stated it has 30,820 shares. Rothschild Invest Corporation Il holds 2,283 shares or 0.03% of its portfolio.

Since May 23, 2017, it had 0 insider buys, and 1 insider sale for $2.61 million activity.

Analysts await Sempra Energy (NYSE:SRE) to report earnings on November, 1. They expect $1.01 earnings per share, down 0.98 % or $0.01 from last year’s $1.02 per share. SRE’s profit will be $253.05M for 28.49 P/E if the $1.01 EPS becomes a reality. After $1.10 actual earnings per share reported by Sempra Energy for the previous quarter, Wall Street now forecasts -8.18 % negative EPS growth. About 1.24 million shares traded or 11.71% up from the average. Sempra Energy (NYSE:SRE) has risen 8.27% since October 14, 2016 and is uptrending. It has underperformed by 8.43% the S&P500.

Sempra Energy (NYSE:SRE) Ratings Coverage

Among 8 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Sempra Energy had 14 analyst reports since September 15, 2015 according to SRatingsIntel. On Friday, August 4 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was maintained by RBC Capital Markets on Sunday, August 27 with “Buy”. The stock of Sempra Energy (NYSE:SRE) has “Hold” rating given on Thursday, May 11 by BMO Capital Markets. On Tuesday, October 10 the stock rating was maintained by Wells Fargo with “Outperform”. The stock of Sempra Energy (NYSE:SRE) earned “Buy” rating by RBC Capital Markets on Sunday, October 1. The firm has “Neutral” rating by JP Morgan given on Thursday, October 12. As per Wednesday, October 11, the company rating was upgraded by Goldman Sachs. The company was maintained on Sunday, July 23 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. The stock has “Overweight” rating by Morgan Stanley on Thursday, August 10.

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company , Southern California Gas Company (SoCalGas) and Sempra South American Utilities divisions, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream divisions. The company has market cap of $28.84 billion. As of December 31, 2016, SDG&E’s service area covered 4,100 square miles. It has a 16.97 P/E ratio. Sempra South American Utilities operates Chilquinta Energia, which serves clients in the region of Valparaiso in central Chile.

More notable recent Sempra Energy (NYSE:SRE) news were published by: Nasdaq.com which released: “Sempra Energy (SRE) Ex-Dividend Date Scheduled for September 21, 2017” on September 20, 2017, also Prnewswire.com with their article: “Sempra Energy To Hold Oct. 4 Conference Call For Oncor Transaction Update” published on October 03, 2017, Prnewswire.com published: “Sempra Energy Named To Dow Jones Sustainability North America Index For 7th Year” on September 13, 2017. More interesting news about Sempra Energy (NYSE:SRE) were released by: Streetinsider.com and their article: “Goldman Sachs Upgrades Sempra Energy (SRE) to Buy” published on October 11, 2017 as well as Prnewswire.com‘s news article titled: “Sempra Energy’s IEnova Unit Acquires Pemex’s Participation In The Los Ramones …” with publication date: October 06, 2017.

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