KeyCorp Has Bearish Forecast for SM Energy FY2025 Earnings

Key Points

• KeyCorp has downgraded its FY2025 earnings estimate for SM Energy to $5.52 per share, down from $6.00, while the consensus estimate is currently $8.10 per share.
• SM Energy recently reported quarterly earnings of $1.50 per share, surpassing analyst expectations, and achieved a revenue of $792.94 million, reflecting a 25.0% year-over-year growth.
• The company announced a quarterly dividend of $0.20 per share, representing an annualized yield of 3.6%, with the payment date set for November 3rd.

SM Energy Company (NYSE:SM - Free Report) - KeyCorp lowered their FY2025 earnings estimates for SM Energy in a note issued to investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan now forecasts that the energy company will earn $5.52 per share for the year, down from their prior estimate of $6.00. The consensus estimate for SM Energy's current full-year earnings is $8.10 per share. KeyCorp also issued estimates for SM Energy's Q2 2026 earnings at $1.18 EPS, Q3 2026 earnings at $1.23 EPS and Q4 2026 earnings at $1.50 EPS.

SM Energy (NYSE:SM - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The energy company reported $1.50 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.27. The firm had revenue of $792.94 million for the quarter, compared to analysts' expectations of $792.58 million. SM Energy had a net margin of 25.94% and a return on equity of 18.06%. The business's revenue for the quarter was up 25.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.85 earnings per share.

Several other research analysts have also recently issued reports on SM. Royal Bank Of Canada increased their target price on shares of SM Energy from $34.00 to $35.00 and gave the stock a "sector perform" rating in a report on Thursday, October 9th. Susquehanna raised their price target on shares of SM Energy from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Raymond James Financial cut shares of SM Energy from an "outperform" rating to an "underperform" rating in a report on Tuesday, June 24th. Mizuho set a $38.00 price target on shares of SM Energy in a report on Friday, October 10th. Finally, TD Cowen raised shares of SM Energy to a "strong-buy" rating in a report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $38.10.

SM Energy Stock Down 1.9%

Shares of SM Energy stock opened at $22.15 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.69 and a quick ratio of 0.69. SM Energy has a 1 year low of $19.67 and a 1 year high of $46.42. The firm's 50-day moving average is $26.35 and its two-hundred day moving average is $25.49. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 3.13 and a beta of 2.30.

Institutional Investors Weigh In On SM Energy

A number of large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of SM Energy by 69.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,017 shares of the energy company's stock valued at $30,000 after acquiring an additional 417 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of SM Energy by 1,097.9% in the first quarter. Brooklyn Investment Group now owns 1,138 shares of the energy company's stock valued at $34,000 after purchasing an additional 1,043 shares during the period. Flaharty Asset Management LLC purchased a new stake in shares of SM Energy in the first quarter valued at about $45,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of SM Energy by 332.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,887 shares of the energy company's stock valued at $47,000 after purchasing an additional 1,451 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of SM Energy by 73.1% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,899 shares of the energy company's stock valued at $57,000 after purchasing an additional 802 shares during the period. Hedge funds and other institutional investors own 94.56% of the company's stock.

SM Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 17th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. SM Energy's dividend payout ratio is presently 11.30%.

SM Energy Company Profile

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St.

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