Sempra (SRE)
After hours:
| Previous close | 83.95 |
| Open | 83.88 |
| Bid | 81.19 x 900 |
| Ask | 82.64 x 900 |
| Day's range | 82.25 - 84.10 |
| 52-week range | 63.75 - 84.29 |
| Volume | |
| Avg. volume | 2,685,396 |
| Market cap | 52.513B |
| Beta (5Y monthly) | 0.76 |
| PE ratio (TTM) | 17.72 |
| EPS (TTM) | 4.68 |
| Earnings date | 01 Nov 2024 - 05 Nov 2024 |
| Forward dividend & yield | 2.48 (2.95%) |
| Ex-dividend date | 26 Sept 2024 |
| 1y target est | 88.06 |
- Yahoo Finance Video
Utility stock plays to invest around AI, lower interest rates
Hennion & Walsh CIO Kevin Mahn sits down in-studio with Josh Lipton and Josh Schafer on Market Domination ahead of Wednesday’s expected interest rate cut, discussing why the utilities sector (XLU) stands out in a changing rate environment. Utilities are “generally known for paying attractive dividend yields" and as interest rates come down, “these high dividend paying stocks are going to look a lot more attractive,” Mahn says. The sector has “also historically have a very defensive nature" which could help weather near-term volatility brought on by not only the 2024 presidential election and the "Fed guessing game." Mahn tells Yahoo Finance that the utility sector is "a backdoor play into the AI revolution" due to the intense power demands of data centers. He highlights Southern Company (SO), Sempra Energy (SRE), and NiSource (NI) as stocks within the sector that could benefit. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
ZacksSRE's Unit SoCalGas Announces an Initiative to Reduce GHG Emissions
SRE's unit, SoCalGas, is set to launch a $1.5 million initiative to provide 50 fuel cards to fleet operators purchasing class 8 heavy-duty natural gas trucks.
- LA Times
SoCalGas to move from its longtime headquarters in downtown Los Angeles
SoCalGas will leave its namesake Gas Company Tower in downtown L.A. and move a block north to another skyscraper, at 350 S. Grand Ave.
