Company Update: Sempra Energy (NYSE:SRE) – Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sempra Energy of Class Action Lawsuit and Upcoming Deadline – SRE

[Accesswire] – NEW YORK, NY / ACCESSWIRE / April 8, 2016 / Pomerantz LLP announces that a class action lawsuit has been filed against Sempra Energy (“Sempra” or the “Company”)(NYSE: SRE), and certain … Read more on this. Sempra Energy (SRE) , with a current value of $25.95B, started the session at $103.64. Today, shares have traded between $103.64 and $104.59 per share and has traded between $86.72 and $110.31 over the past 12 months. SRE shares are currently priced at 21.14x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.04x earnings multiple. The company pays shareholders $3.02 per share in dividend income per year, for a current yield of 2.93%. Consensus earnings for the current quarter by the 7 sell-side analysts covering the stock is an estimate of $1.67 per share, which would be $0.04 worse than the year-ago quarter and a $0.21 sequential decrease. The full-year EPS estimate is $5.01 which would be a $0.20 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.05 Billion. If realized, that would be a 13.81% increase over the year-ago quarter. More recently, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. Investors should keep in mind is that the average price target is $115.00, which is 10.96% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Market Update (NYSE:SRE): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sempra Energy of Class Action Lawsuit and Upcoming Deadline – SRE 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 Company Update (NYSE:FCX): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX