Sempra Energy Affirms Guidance, Signals Stable Growth Outlook
The utility giant reaffirmed its adjusted EPS targets for 2025 and 2026, reinforcing a long-term earnings growth strategy of 7% to 9% through 2029.
Sempra Energy (NYSE: SRE) provided a steady hand to investors this week, reaffirming its full-year adjusted earnings per share (EPS) guidance and signaling confidence in its long-term growth trajectory amidst a complex market environment.
The San Diego-based energy infrastructure company confirmed it expects its 2025 adjusted EPS to fall between $4.30 and $4.70. Looking further ahead, the company also held firm on its 2026 adjusted EPS guidance of $4.80 to $5.30, meeting current market expectations.
This announcement reinforces the company's strategic plan, which targets a 7% to 9% long-term EPS growth rate through 2029. The move is significant as it provides shareholders with a degree of predictability and underscores management's belief in its operational execution and capital deployment strategy. The guidance was a key highlight in the company's recent , which outlines a substantial capital plan focused on enhancing its utility and infrastructure assets.
The affirmation comes as Sempra's stock has shown positive momentum, gaining over 10% in the past month. on the stock, balancing the company's stable, regulated utility returns with the execution risks tied to its large-scale energy infrastructure projects, particularly in Liquefied Natural Gas (LNG).
According to the , the company's financial planning remains on track. For investors, the steady guidance combined with a recently declared quarterly dividend offers a narrative of a reliable utility navigating a shifting energy landscape. While some analysts have pointed to potential overvaluation after the recent stock run-up, Sempra's consistent performance and clear growth targets continue to attract investor attention.