Sempra Energy Common Stock (NYSE:SRE):
Sempra Energy Unit IEnova Completes Acquisition Of PEMEX Stake In Joint Venture.
The company is down by -2.36 percent from yesterday’s close.
Additionally the company recently declared a dividend that was paid on Friday the 15th of July 2016. The dividend payment was $0.755 per share for the quarter or $3.02 annualized. This dividend represents a yeild of $2.75 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Tuesday the 28th of June 2016.
Shares last traded at $108.18 marginally over the 50 day moving average which is $106.41 and a tad above the 200 day moving average of $106.85. The 50 day moving average was up $1.77 or +1.67% whereas the 200 day average was up by +1.24%.
The company currently has a P/E ratio of 28.57 and market cap is 27.06B. As of the last earnings report the EPS was $3.79 and is estimated to be $4.77 for the current year with 250,095,000 shares now outstanding. Next quarter’s EPS is forecasted to be $1.57 and the next full year EPS is projected to be $5.12.
A few brokerages have released opinions on the company of late. Goldman Sachs lowered the price target and downgraded the stock on June 5 changing the price objective from $130.00 to $108.00 and cutting the rating from “Buy” to “Neutral”. On June 5 the company was downgraded to “Neutral” from “Buy” with a current price target of $108.00 in a report from Goldman Sachs.
April 1 investment analysts at Barclays maintained a company rating of “Overweight” but raised the price target to $114.00 from $110.00. On February 29 Barclays left the stock rating at “Overweight” but moved down the price target from $111.00 to $110.00.
January 4 investment analysts at Barclays held the company rating at “Overweight” but lowered the price expectation from $115.00 to $111.00. September 15 investment analysts at UBS held the stock rating at “Buy” and moved down the price target to $108.00 from $119.00.