SandRidge Energy (NYSE:SD) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• SandRidge Energy's stock passed above its 200‑day moving average, trading as high as $15.65 and last at $15.5050 versus the 200‑day MA of $14.92 (50‑day MA $16.29).
• Analyst opinions are mixed — Weiss Ratings upgraded to a Buy while Wall Street Zen and Freedom Capital downgraded, leaving the MarketBeat average rating at Hold (one Buy, one Sell).
• The company missed quarterly EPS and revenue estimates (EPS $0.34 vs. $0.37 est.; revenue $39.4M vs. $43.7M) but pays a $0.12 quarterly dividend (annualized yield ~3.1%) and has a market cap of about $571M with a P/E of 8.16.

SandRidge Energy, Inc. (NYSE:SD - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.92 and traded as high as $15.65. SandRidge Energy shares last traded at $15.5050, with a volume of 222,590 shares changing hands.

Analysts Set New Price Targets

SD has been the subject of a number of research reports. Weiss Ratings upgraded SandRidge Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 6th. Wall Street Zen lowered SandRidge Energy from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, Freedom Capital lowered SandRidge Energy from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold".

SandRidge Energy Price Performance

The company has a market capitalization of $571.05 million, a price-to-earnings ratio of 8.16 and a beta of 0.66. The stock has a 50 day moving average price of $16.29 and a two-hundred day moving average price of $14.92.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its earnings results on Wednesday, March 4th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.03). SandRidge Energy had a net margin of 44.90% and a return on equity of 11.24%. The business had revenue of $39.40 million during the quarter, compared to analyst estimates of $43.70 million.

SandRidge Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 20th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Friday, March 20th. SandRidge Energy's dividend payout ratio (DPR) is presently 25.26%.

Institutional Trading of SandRidge Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SD. Tower Research Capital LLC TRC increased its position in SandRidge Energy by 92.8% in the second quarter. Tower Research Capital LLC TRC now owns 3,852 shares of the oil and natural gas company's stock worth $42,000 after purchasing an additional 1,854 shares during the period. Strs Ohio acquired a new stake in SandRidge Energy in the first quarter worth about $57,000. State of Alaska Department of Revenue increased its position in SandRidge Energy by 391.0% in the fourth quarter. State of Alaska Department of Revenue now owns 6,604 shares of the oil and natural gas company's stock worth $94,000 after purchasing an additional 5,259 shares during the period. NewEdge Advisors LLC increased its position in SandRidge Energy by 11.1% in the third quarter. NewEdge Advisors LLC now owns 10,000 shares of the oil and natural gas company's stock worth $113,000 after purchasing an additional 1,000 shares during the period. Finally, Independent Advisor Alliance acquired a new stake in SandRidge Energy in the third quarter worth about $114,000. 61.84% of the stock is currently owned by institutional investors and hedge funds.

SandRidge Energy Company Profile

SandRidge Energy, Inc NYSE: SD is an independent exploration and production company focused on the development of onshore oil and natural gas resources in the United States. The company concentrates its operations primarily in the Anadarko Basin, applying horizontal drilling and multi-stage hydraulic fracturing techniques to exploit unconventional reservoirs. SandRidge's asset portfolio includes both crude oil and natural gas liquids, complemented by associated gas production, with infrastructure investments designed to optimize midstream availability and enhance capital efficiency.

Founded in 2006 by industry veteran Tom L.

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