Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Sempra Energy (SRE) Stock Price
News articles about Sempra Energy (NYSE:SRE) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sempra Energy earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 45.7519553323212 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Problems in the pipeline for Sempra’s subsidiary in Mexico (sandiegouniontribune.com)
- Sempra Energy (SRE) EPS Growth Rates Indicating Upbeat Sentiment For This Year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- SoCalGas Research & Development Team Wins EPRI Technology Transfer Award for Innovative Energy Efficiency Project (finance.yahoo.com)
- One Stock for Low Risk Investors: Sempra Energy (SRE) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- GDI Awards Matrix Service Inc., Engineering, Procurement, Fabrication and Construction Oversight for Storage Tanks at the IEnova New Liquid Fuels Marine Terminal in Veracruz, Mexico (finance.yahoo.com)
A number of analysts recently weighed in on SRE shares. Bank of America started coverage on shares of Sempra Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $125.00 price target on the stock. UBS Group began coverage on shares of Sempra Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $124.00 price target on the stock. Royal Bank of Canada reissued a “buy” rating on shares of Sempra Energy in a research note on Tuesday, November 7th. Wells Fargo & Co reissued a “buy” rating and set a $121.00 target price (down from $130.00) on shares of Sempra Energy in a research note on Wednesday, January 3rd. Finally, JPMorgan Chase & Co. increased their target price on Sempra Energy from $123.00 to $124.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $121.89.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were paid a dividend of $0.8225 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.29 dividend on an annualized basis and a yield of 3.09%. Sempra Energy’s payout ratio is 72.95%.
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Sempra Energy Company Profile
Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.
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