With 2.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.98 million shares. During the session, the Utilities – Diversified company that operates in wider Utilities sector, reached to the highest price of $82.99 whereas the lowest price it dropped to was $81.76. The 52-week range on SRE shows that it touched its highest point at $95.77 and its lowest point at $66.40 during that stretch. It currently has a 1-year price target of $95.08. With its current market cap of 51.99 billion, SRE has annualized dividend of $2.48 while the current yield stands at 3.02%. SRE paid its most recent dividend on 1733356800, while the ex-dividend date for that was 1733356800. Beta for the stock currently stands at 0.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SRE was down-trending over the past week, with a drop of -1.45%, but this was down by -2.88% over a month. Three-month performance surged to 1.57% while six-month performance rose 6.53%. The stock gained 17.17% in the past year, while it has lost -6.43% so far this year. A look at the trailing 12-month EPS for SRE yields 4.54 with Next year EPS estimates of 5.16. For the next quarter, that number is 1.61. This implies an EPS growth rate of 2.99% for this year and 8.66% for next year. EPS is expected to grow by 6.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.84%.
Float and Shares Shorts:
At present, 633.21 million SRE shares are outstanding with a float of 633.01 million shares on hand for trading. On 2025-01-15, short shares totaled 8.4 million, which was 133.00001 higher than short shares on 1734048000. In addition to Mr. Jeffrey Walker Martin as the firm’s Chairman, President & CEO, Ms. Karen L. Sedgwick serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.92003995 of SRE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SRE reported revenue of $2776000000.0 and operating income of $446000000.0. The EBITDA in the recently reported quarter was $1078000000.0 and diluted EPS was $1.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SRE since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SRE analysts setting a high price target of 99.0 and a low target of 85.0, the average target price over the next 12 months is 93.81875. Based on these targets, SRE could surge 20.61% to reach the target high and rise by 3.56% to reach the target low. Reaching the average price target will result in a growth of 14.3% from current levels.
Analysts have provided yearly estimates in a range of $4.78755 being high and $4.7277 being low. For SRE, this leads to a yearly average estimate of $4.74765. Based on analyst estimates, the high estimate for the next quarter is $1.65 and the low estimate is $1.03. The average estimate for the next quarter is thus $1.45.
