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

[GlobeNewswire] – NEW YORK, March 21, 2016– The following statement is being issued by Levi& Korsinsky, LLP:. To: All persons or entities who purchased or otherwise acquired securities of Sempra Energy between May 14, … Read more on this. Sempra Energy (SRE) , with a current value of $25.64B, started trading this morning at $103.23. Looking at today’s market, SRE one day range is $102.23 to $103.36 with its 52-week range being $86.72 to $112.33. Sempra (SRE) shares are currently priced at 20.16x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.94x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.02 per share annually in dividends, yielding 2.93%. Consensus earnings for the current quarter by the 6 sell-side analysts covering the stock is an estimate of $1.66 per share, which would be $0.05 worse than the year-ago quarter and a $0.22 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.11 would be a $0.10 worse when compared to the previous year’s annual results. 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. 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 $113.42, which is 9.87% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: 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 Company Update (NYSE:FCX): INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 – FCX