Market Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Sempra Energy and a Lead Plaintiff Deadline of May 2, 2016 – SRE

[Business Wire] – The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of California on behalf of investors who purchased Sempra Energy securities between May 14, 2015 and November 23, 2015. Read more on this. Sempra Energy (SRE) , with a current value of $26.41B, opened at $103.92. A quick look at the market, the company’s stock traded between $103.38 and $106.05 with the price of the stock fluctuating between $86.72 to $111.09 over the last 52 weeks. Priced at 20.52x this year’s forecasted earnings, SRE shares are relatively expensive compared to the industry’s 17.02x forward p/e ratio. And for income investors, the company pays shareholders $3.02 per share annually in dividends, yielding 2.90%. In a review of the consensus earnings estimate this quarter, 6 sell-side analysts are looking at $1.66 per share, which would be $0.05 worse than the year-ago quarter and a $0.22 sequential decrease. The full-year EPS estimate is $5.07 which would be a $0.14 worse than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.94 Billion. If realized, that would be a 9.70% increase over the year-ago quarter. In terms of ratings, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. The average price target for SRE shares by the analysts covering the stock is $114.08, which is 9.78% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE Market Update (NYSE:SRE): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE Company Update: Sempra Energy (NYSE:SRE) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 — SRE