Sempra Energy Common Stock (NYSE:SRE):
Sempra Energy’s IEnova Unit Announces Full Exercise Of Over-Allotment Options.
The company is up by 0.55 percent from yesterday’s close.
The company recently declared a dividend that was paid on Saturday October 15th, 2016. The dividend was $0.755 per share for the quarter or $3.02 on an annualized basis. The dividend yield was $2.84. The ex-dividend date was set for Tuesday the 27th of September 2016.
It is trading at $105.10 a tad below the 50 day moving average of $105.59 and slightly below the 200 day moving average of $107.12. The 50 day moving average was down $-0.49 or -0.46% whereas the 200 day moving average was down $-2.02 or -1.88%.
The P/E ratio is 27.75 and the market cap of the company is 26.28B. In the last earnings report the EPS was $3.79 and is expected to be $4.79 for the current year with 250,095,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.54 and the next full year EPS is anticipated to be $5.12.
A few brokerage firms have released opinions on Sempra Energy Common Stock. Equity analyst Goldman Sachs both downgraded the stock and lowered the price target on June 5 cutting the price target from $130.00 to $108.00 and altering the rating from “Buy” to “Neutral”. On June 5 the company was downgraded from “Buy” to “Neutral” with a current price target of $108.00 in an announcement from Goldman Sachs.
April 1 investment analysts at Barclays made no change to the company rating of “Overweight” and moved up the price target to $114.00 from $110.00. On February 29 Barclays kept the stock rating at “Overweight” but moved down the price target from $111.00 to $110.00.
January 4 investment analysts at Barclays left the stock rating at “Overweight” and lowered the price expectation from $115.00 to $111.00. On September 15 UBS left the company rating at “Buy” but lowered the price expectation to $108.00 from $119.00.