Sempra

Sempra

SRE

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Market Cap$60.33B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
SempraSempra29.12.81%7%4.61.1

Earnings Call Q1 2026

May 7, 2026 - AI Summary

Q1 2026 results + guidance reaffirmed (good momentum) - Reported Q1 GAAP earnings: $1.37B ($1.58/share) vs $906M ($1.39/share) in Q1 2025; adjusted earnings: $991M ($1.51/share) vs $942M ($1.44/share). - Full-year 2026 adjusted EPS guidance reaffirmed: $4.80–$5.30; 2027 guidance reaffirmed: $5.10–$5.70. - Reaffirmed long-term EPS growth outlook: 7%–9% (company positions this as among the highest in the utility sector).
Oncor (Texas) regulatory milestone likely lifts earnings later (surprising timing) - PUCT base rate review settlement approval received: higher authorized equity layer (43.5%), higher ROE (9.75%), and higher cost of debt (4.94%). - Surcharge mechanism allowed to recover the difference between new and current billing rates for 1/1/2026–6/1/2026, with recovery expected via a separate filing over the remainder of the year. - Management emphasized financial impact primarily recognized in Q2 because the PUCT order issued in April (important for investor timing/modeling). - Inaugural UTM filing submitted to include $4.4B of T&D assets placed in service since 1/1/2025—intended to reduce regulatory lag and can be filed every 365 days going forward.
Huge Texas growth “visibility,” but execution + policy risk remains (good upside, real challenges) - Oncor’s large-load qualification improved to 127 GW (up from ~38 GW earlier); management believes quality is comparable and that it meets requirements under prior SP6 criteria. - ERCOT process detail provided: Batch 0 protocol revisions moving through committees toward Board approval June 1; schedule as discussed: inclusion criteria July 2026, batch study Jul 2026–Jan 2027, load commitment Feb 2027, refinement Mar–May 2027, RPG submission June 2027 (subject to change). - Challenge: investor asked about feasibility/capacity; management response stressed Oncor base capital plan is largely independent of data center count uncertainty, but acknowledged the need to match load growth with transmission buildout and generation interconnection timelines. - Upside: company highlighted incremental capital opportunities (~$9B beyond base plan) largely concentrated in Texas; also an incremental ~$10B CapEx bucket being “firmed up,” with an update targeted later this year.

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$106.67

Target Price by Analysts

15.6% upsideSempra Target Price DetailsTarget Price
$-48.55

Current Fair Value

152.6% downside

Overvalued by 152.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$60.33 Billion
Enterprise Value$95.97 Billion
Dividend Yield$2.59 (2.81%)
Earnings per Share$2.75
Beta0.58
Outstanding Shares653,589,000

Return

Return on Equity6.83%ROE
Return on Assets1.94%
Return on Invested Capital2.94%

Valuation & Multiples

P/E Ratio29.14P/E Ratio
PEG114.68PEG
Price to Sales4.61Price to Sales
Price to Book Ratio1.42Price to Book Ratio
Enterprise Value to Revenue7.08
Enterprise Value to EBIT35.45
Enterprise Value to Net Income43
Total Debt to Enterprise0.38
Debt to Equity1.13Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$1.49
Average shareholder expectation
Revenue Estimate
$4.11 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$1.02
Average shareholder expectation
Revenue Estimate
$3.19 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.4339 2.24%
Total Calls709,488 12.34%
Total Puts307,816 16.65%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %90.19% 2.46%
Total Invested$57.19B 7.09%
Investors Holding1,289 55.00%

ESG Score

No data

About Sempra Energy

4,396 employees
CEO: J. Bret Lane

Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets at the end of 2019, the San Diego-based company is the utility holding company with the largest U.S. custo...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides critical analysis and 'revenue estimates' for all tax legislation, directly influencing corporate tax structures and the overall financial landscape for a major corporation like Sempra.

Finance

This powerful committee controls taxation and trade policy, directly impacting Sempra's corporate tax burden, profitability, and access to international markets for its LNG exports.

Appropriations

This committee directly allocates discretionary federal spending, which can include funding for energy infrastructure projects, scientific research, or other programs that directly benefit or impact Sempra's business lines.

Energy and Natural Resources

This committee has direct oversight of national energy policy, public lands, and the Department of Energy, all of which directly shape the regulatory and operational environment for natural gas utilities and LNG exporters like Sempra.

Environment and Public Works

Sempra's natural gas infrastructure and operations are directly impacted by EPA regulations (emissions, environmental impact) and benefit from federal infrastructure initiatives overseen by this committee.

Foreign Relations

Sempra's significant involvement in the LNG export market and operations in Mexico make it directly vulnerable to changes in U.S. foreign policy, trade agreements, and international sanctions.