Sempra (SRE)
NYSEUtilitiesDiversified UtilitiesSnapshot 2026-09-04
$84.04-0.63%
Close 2026-09-04 · 1-day change
NYSEUtilitiesDiversified UtilitiesSnapshot 2026-09-04
QuarterlyIQ Insights · SRE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -6.8% |
| Our one-year growth estimate | diamond | 8.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 14.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 3 industry peers · Company calendar date is not available
SRE — debt issuance
Dated 2026-08-18
Other Events. On August 17, 2026, Southern California Gas Company (the “Company”), an indirect subsidiary of Sempra, entered into an underwriting agreement (the “Underwriting Agreement”) with Barclays Capital Inc., Credit Agricole Securities (USA) Inc., MUFG Securities Americas Inc. and TD Securities (USA) LLC, as the representatives of the several underwriters named on Schedule I thereto (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters, several…
Why it matters: This sale helps Sempra improve its finances. It also makes operations simpler.
Supportive ifThe sale will close in Q3 2026. This will happen after all approvals are in.
Worry ifThe sale is delayed or blocked. This could be due to regulatory issues or other problems.
Why it matters: This decision will affect SDG&E's return on equity. It will also impact its financial health.
Supportive ifFERC approves SDG&E's proposed rate formula with a return on equity of 10.28%.
Worry ifFERC denies or changes the proposed rate formula. This will hurt SDG&E's financials.
Why it matters: Management's guidance range shows how much money they expect to make in the future. Confirmation means they are doing well.
Supportive ifManagement confirms the full-year 2026 adjusted EPS guidance range of $4.80 to $5.30.
Worry ifManagement lowers the adjusted EPS guidance for the full year 2026.
Why it matters: Court cases may impact Sempra's money and how it runs.
Worry ifIf court cases go well for Sempra, it will lower possible costs.
Less concerning ifIf court cases go badly, it may increase costs or limit operations.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$85 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $227 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,810 loss on $10,000 · 18.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The earnings report will show if Sempra is on track with its EPS guidance. Investors will look for confirmation of growth.
Supportive ifGAAP EPS for Q2 2026 exceeds $1.20, supporting the full-year guidance of $4.80 to $5.30.
Worry ifGAAP EPS for Q2 2026 falls below $1.20, raising doubts about the full-year guidance.
Why it matters: Issuing a long-term EPS outlook can signal growth plans. It may attract long-term investors.
Supportive ifManagement will give an EPS outlook for the full year 2030 later.
Worry ifManagement delays or cancels the issuance of the 2030 EPS Outlook.
Why it matters: Lawsuit results can affect financial results. Updates may change stock performance.
Worry ifManagement shares good news on the lawsuit that lowers possible costs.
Less concerning ifManagement reports bad news in the lawsuit that raises possible costs.
Why it matters: Ongoing lawsuits can affect money stability and investor trust. It's key to watch.
Worry ifNew updates on the lawsuits show good news for Sempra.
Less concerning ifLawsuits can lead to a big financial penalty or bad ruling.
Why it matters: These changes can make Oncor stronger and help fund Texas infrastructure projects.
Supportive ifOncor shows better financial results after base rate changes, matching costs better.
Worry ifOncor's financial metrics do not improve or show signs of strain after the adjustments.
Why it matters: This deal is part of Sempra's plan to recycle capital. It may affect cash flow.
Supportive ifSempra says it has successfully closed the Ecogas deal.
Worry ifThe deal faces delays or regulatory issues that push back the closing.
Why it matters: This capital plan is crucial for growth in Texas and California. Progress indicates strong future investments.
Supportive ifManagement says they will spend about $3 billion as part of their capital plan.
Worry ifCapital spending will be less than $3 billion in the next reporting period.
Why it matters: Earnings reports reveal financial health. They can influence stock price and investor confidence.
Watch forEarnings report shows better results than expected and confirms guidance.
Also watch forEarnings report shows worse results than expected and lowers guidance.
Why it matters: The TO6 settlement will affect SDG&E's profits and financial health.
Supportive ifFERC makes a good decision on the TO6 settlement. It confirms a 10.28% profit rate.
Worry ifFERC changes or denies the TO6 settlement. This leads to a lower profit rate.
Why it matters: Closing this sale is important for recycling capital. It will affect Sempra's cash flow and financial options.
Supportive ifThe Ecogas transaction closes as planned in Q2 or Q3 2026.
Worry ifThe transaction faces delays or fails to close due to regulatory issues.
Why it matters: Confirming EPS guidance shows confidence in earnings. It shows what management expects for the future.
Supportive ifSempra reaffirms its full-year 2026 adjusted EPS guidance range of $4.80 to $5.30.
Worry ifSempra revises its EPS guidance downwards below $4.80.
Why it matters: This plan is important for Sempra's growth and stability. It shows they care about utility infrastructure.
Supportive ifSempra plans to spend over $6 billion in 2026-Q2. This matches their capital plan.
Worry ifCapital spending drops below $6 billion in the next quarters.