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SRE

Sempra NYSE:SRE Stock Report

Last Price

US$149.94

Market Cap

US$94.3b

7D

-7.3%

1Y

19.4%

Updated

30 Sep, 2022

Data

Company Financials +
SRE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance1/6
Financial Health1/6
Dividends3/6

SRE Stock Overview

Sempra operates as an energy-services holding company in the United States and internationally.

Sempra Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sempra
Historical stock prices
Current Share PriceUS$149.94
52 Week HighUS$176.47
52 Week LowUS$119.56
Beta0.67
1 Month Change-9.11%
3 Month Change-2.36%
1 Year Change19.40%
3 Year Change1.84%
5 Year Change33.93%
Change since IPO424.95%

Recent News & Updates

Sep 25
Estimating The Intrinsic Value Of Sempra (NYSE:SRE)

Estimating The Intrinsic Value Of Sempra (NYSE:SRE)

Today we will run through one way of estimating the intrinsic value of Sempra ( NYSE:SRE ) by taking the expected...

Sep 08

Sempra declares $1.145 dividend

Sempra (NYSE:SRE) declares $1.145/share quarterly dividend, in line with previous. Forward yield 2.64% Payable Oct. 15; for shareholders of record Sept. 23; ex-div Sept. 22. A quick comparison of dividend grades vs. peers. See SRE Dividend Scorecard, Yield Chart, & Dividend Growth.

Aug 22
Sempra (NYSE:SRE) Has A Somewhat Strained Balance Sheet

Sempra (NYSE:SRE) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Aug 07
Revenue Beat: Sempra Exceeded Revenue Forecasts By 18% And Analysts Are Updating Their Estimates

Revenue Beat: Sempra Exceeded Revenue Forecasts By 18% And Analysts Are Updating Their Estimates

Shareholders might have noticed that Sempra ( NYSE:SRE ) filed its second-quarter result this time last week. The early...

Shareholder Returns

SREUS Integrated UtilitiesUS Market
7D-7.3%-9.4%-2.5%
1Y19.4%5.2%-23.2%

Return vs Industry: SRE exceeded the US Integrated Utilities industry which returned 6.8% over the past year.

Return vs Market: SRE exceeded the US Market which returned -21.5% over the past year.

Price Volatility

Is SRE's price volatile compared to industry and market?
SRE volatility
SRE Average Weekly Movement3.4%
Integrated Utilities Industry Average Movement3.2%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: SRE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SRE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199815,390Jeff Martinhttps://www.sempra.com

Sempra operates as an energy-services holding company in the United States and internationally. The company’s San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles.

Sempra Fundamentals Summary

How do Sempra's earnings and revenue compare to its market cap?
SRE fundamental statistics
Market CapUS$94.26b
Earnings (TTM)US$1.13b
Revenue (TTM)US$14.22b

83.6x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SRE income statement (TTM)
RevenueUS$14.22b
Cost of RevenueUS$9.25b
Gross ProfitUS$4.97b
Other ExpensesUS$3.85b
EarningsUS$1.13b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.79
Gross Margin34.96%
Net Profit Margin7.92%
Debt/Equity Ratio86.0%

How did SRE perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

126%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SRE?

Other financial metrics that can be useful for relative valuation.

SRE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue8.6x
Enterprise Value/EBITDA24.7x
PEG Ratio8.2x

Price to Earnings Ratio vs Peers

How does SRE's PE Ratio compare to its peers?

SRE PE Ratio vs Peers
The above table shows the PE ratio for SRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.1x
D Dominion Energy
36.9x12.4%US$57.5b
ED Consolidated Edison
18.8x7.6%US$30.4b
WEC WEC Energy Group
20.6x5.7%US$28.2b
DTE DTE Energy
28.3x10.3%US$22.3b
SRE Sempra
83.6x10.2%US$94.3b

Price-To-Earnings vs Peers: SRE is expensive based on its Price-To-Earnings Ratio (83.6x) compared to the peer average (26.1x).


Price to Earnings Ratio vs Industry

How does SRE's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

Price-To-Earnings vs Industry: SRE is expensive based on its Price-To-Earnings Ratio (83.6x) compared to the Global Integrated Utilities industry average (15.8x)


Price to Earnings Ratio vs Fair Ratio

What is SRE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio83.6x
Fair PE Ratio26.5x

Price-To-Earnings vs Fair Ratio: SRE is expensive based on its Price-To-Earnings Ratio (83.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.5x).


Share Price vs Fair Value

What is the Fair Price of SRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SRE ($149.94) is trading above our estimate of fair value ($149.29)

Significantly Below Fair Value: SRE is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Sempra forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRE's forecast earnings growth (10.2% per year) is above the savings rate (1.9%).

Earnings vs Market: SRE's earnings (10.2% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: SRE's earnings are forecast to grow, but not significantly.

Revenue vs Market: SRE's revenue (3.2% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: SRE's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SRE's Return on Equity is forecast to be low in 3 years time (10.8%).


Discover growth companies

Past Performance

How has Sempra performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SRE has a large one-off loss of $1.7B impacting its June 30 2022 financial results.

Growing Profit Margin: SRE's current net profit margins (7.9%) are lower than last year (17.5%).


Past Earnings Growth Analysis

Earnings Trend: SRE's earnings have grown by 17.6% per year over the past 5 years.

Accelerating Growth: SRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SRE had negative earnings growth (-45.6%) over the past year, making it difficult to compare to the Integrated Utilities industry average (-1.3%).


Return on Equity

High ROE: SRE's Return on Equity (4.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Sempra's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SRE's short term assets ($5.9B) do not cover its short term liabilities ($7.6B).

Long Term Liabilities: SRE's short term assets ($5.9B) do not cover its long term liabilities ($39.0B).


Debt to Equity History and Analysis

Debt Level: SRE's net debt to equity ratio (79.3%) is considered high.

Reducing Debt: SRE's debt to equity ratio has reduced from 117.5% to 86% over the past 5 years.

Debt Coverage: SRE's debt is not well covered by operating cash flow (15.8%).

Interest Coverage: SRE's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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Dividend

What is Sempra current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.05%

Current Dividend Yield

Dividend Yield vs Market

Sempra Dividend Yield vs Market
How does Sempra dividend yield compare to the market?
SegmentDividend Yield
Company (Sempra)3.1%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Integrated Utilities)3.4%
Analyst forecast in 3 Years (Sempra)3.4%

Notable Dividend: SRE's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: SRE's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (4.7%).


Stability and Growth of Payments

Stable Dividend: SRE's dividends per share have been stable in the past 10 years.

Growing Dividend: SRE's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (126.4%), SRE's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SRE is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Jeff Martin (60 yo)

4.33yrs

Tenure

US$24,675,982

Compensation

Mr. Jeffrey Walker Martin, also known as Jeff, has been President at Sempra since March 31, 2020. He served as Vice President of Investor Relations at Pacific Enterprises until 2009. Mr. Martin has been th...


CEO Compensation Analysis

Jeff Martin's Compensation vs Sempra Earnings
How has Jeff Martin's remuneration changed compared to Sempra's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$992m

Dec 31 2021US$25mUS$1m

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$23mUS$1m

US$2b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$20mUS$1m

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$900m

Dec 31 2018US$9mUS$968k

US$736m

Sep 30 2018n/an/a

-US$578m

Jun 30 2018n/an/a

-US$741m

Mar 31 2018n/an/a

US$134m

Dec 31 2017US$4mUS$600k

US$287m

Compensation vs Market: Jeff's total compensation ($USD24.68M) is above average for companies of similar size in the US market ($USD13.04M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SRE's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: SRE's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

NYSE:SRE Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
01 Mar 22SellUS$369,648Peter WallIndividual2,559US$144.45

Ownership Breakdown

What is the ownership structure of SRE?
Owner TypeNumber of SharesOwnership Percentage
Private Companies1,4060.0002%
Individual Insiders105,1130.02%
State or Government134,3840.02%
Institutions276,381,10844.0%
General Public351,998,65156.0%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 96.9%.


Top Shareholders

Top 25 shareholders own 32.02% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.89%
BlackRock, Inc.
30,764,381$4.6b3.44%0.12%
4.39%
The Vanguard Group, Inc.
27,574,590$4.1b0.66%0.1%
3.43%
T. Rowe Price Group, Inc.
21,574,493$3.2b-12.37%0.4%
3.01%
Capital Research and Management Company
18,897,394$2.8b-10.35%0.2%
2.99%
State Street Global Advisors, Inc.
18,800,250$2.8b1.65%0.16%
1.97%
Wellington Management Group LLP
12,412,129$1.9b-3.42%0.35%
1.18%
Newport Trust Company, Asset Management Arm
7,446,994$1.1b-1.82%6.63%
1.05%
RREEF America L.L.C.
6,573,126$985.6m-3.96%5.02%
0.95%
Norges Bank Investment Management
5,957,775$893.3m0%0.13%
0.89%
Geode Capital Management, LLC
5,573,762$835.7m2.67%0.11%
0.73%
Franklin Resources, Inc.
4,599,791$689.7m-41.46%0.31%
0.72%
FMR LLC
4,507,850$675.9m-10.7%0.07%
0.72%
ClearBridge Investments, LLC
4,501,134$674.9m-6.15%0.65%
0.66%
Legal & General Investment Management Limited
4,150,969$622.4m7.88%0.2%
0.61%
Northern Trust Global Investments
3,803,478$570.3m0.21%0.12%
0.45%
Pictet Asset Management Limited
2,800,262$419.9m-4.82%0.39%
0.44%
BNY Mellon Asset Management
2,792,222$418.7m7.29%0.1%
0.42%
Managed Account Advisors LLC
2,660,808$399.0m-0.86%0.12%
0.42%
Massachusetts Financial Services Company
2,623,068$393.3m-0.81%0.11%
0.37%
J.P. Morgan Asset Management, Inc.
2,317,779$347.5m179.88%0.07%
0.36%
Morgan Stanley, Investment Banking and Brokerage Investments
2,272,435$340.7m0.2%0.07%
0.36%
Eaton Vance Management
2,232,152$334.7m1.74%0.13%
0.35%
Neuberger Berman Investment Advisers LLC
2,174,543$326.1m65.25%0.34%
0.34%
Magellan Asset Management Limited
2,168,299$325.1m-11.87%1.12%
0.33%
UBS Asset Management
2,073,468$310.9m9.45%0.06%

Company Information

Sempra's employee growth, exchange listings and data sources


Key Information

  • Name: Sempra
  • Ticker: SRE
  • Exchange: NYSE
  • Founded: 1998
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Implied Market Cap: US$94.255b
  • Shares outstanding: 628.62m
  • Website: https://www.sempra.com

Number of Employees


Location

  • Sempra
  • 488 8th Avenue
  • San Diego
  • California
  • 92101
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SRENYSE (New York Stock Exchange)YesCommon SharesUSUSDJun 1998
SE4DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 1998
SE4XTRA (XETRA Trading Platform)YesCommon SharesDEEURJun 1998
SRE *BMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNJun 1998
0L5ALSE (London Stock Exchange)YesCommon SharesGBUSDJun 1998
SRENWBAG (Wiener Boerse AG)YesCommon SharesATEURJun 1998
S1RE34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 4 REPR 1 COMBRBRLJan 2020

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.