Sempra (SRE), a leading provider of utility services, has garnered attention with its focus on long-term growth despite short-term setbacks. Many institutional investors, including Inspire Trust Co., Wexford Capital, and Vivialdi Capital Management, have extended their investment in Sempra. However, Lazard Asset Management and USS Investment Management are among those who reduced their position.
Morgan Stanley had lowered Sempra's price target. Its Q1 2025 earnings came with robust EPS growth and strategic investments, and despite it registering a slump in stock prices mid-month, investor interest in Sempra remained unabated. A new quarterly dividend has been established at $0.645 per share, solidifying its place as a reliable, yield-bearing stock.
JIm Cramer has both criticised and praised the stock, recommending buying on the dip as a well-founded strategy. Sempra's Q1 earnings overcame estimates, an impressive feat that saw a consecutive four-quarter earnings beat streak. A new $56B growth plan has been announced, buoying its standing in the market. Despite missing Q4's earnings and a subsequent decline in their 2025 EPS forecast, Sempra remains a strong contender for the best utility stocks with its stable revenue trajectory and strategic growth plans.
Sempra SRE News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 11:44:40 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
