SM Energy (SM) Projected to Release Quarterly Earnings on Thursday

SM Energy (NYSE:SM - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $1.24 per share and revenue of $792.58 million for the quarter.

SM Energy (NYSE:SM - Get Free Report) last released its earnings results on Thursday, May 1st. The energy company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.16. The firm had revenue of $844.54 million for the quarter, compared to analysts' expectations of $814.62 million. SM Energy had a net margin of 27.61% and a return on equity of 19.90%. The company's quarterly revenue was up 50.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 earnings per share. On average, analysts expect SM Energy to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SM Energy Stock Performance

Shares of NYSE:SM traded down $0.28 during mid-day trading on Friday, reaching $27.50. The company had a trading volume of 1,480,205 shares, compared to its average volume of 1,933,400. SM Energy has a one year low of $19.67 and a one year high of $47.69. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.62. The company's 50-day moving average price is $25.78 and its 200-day moving average price is $29.15. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 3.85 and a beta of 2.16.

SM Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Friday, July 18th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, July 18th. This represents a $0.80 annualized dividend and a dividend yield of 2.91%. SM Energy's payout ratio is 11.20%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Raymond James Financial lowered shares of SM Energy from an "outperform" rating to an "underperform" rating in a research report on Tuesday, June 24th. Mizuho decreased their price objective on shares of SM Energy from $46.00 to $42.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. TD Cowen upgraded SM Energy to a "strong-buy" rating in a report on Monday, July 7th. KeyCorp decreased their target price on shares of SM Energy from $60.00 to $36.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. Finally, Stephens decreased their target price on shares of SM Energy from $62.00 to $55.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $42.33.

Hedge Funds Weigh In On SM Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in SM Energy by 27.7% in the first quarter. Royal Bank of Canada now owns 91,916 shares of the energy company's stock worth $2,753,000 after buying an additional 19,965 shares during the last quarter. AQR Capital Management LLC lifted its position in SM Energy by 43.9% in the 1st quarter. AQR Capital Management LLC now owns 145,922 shares of the energy company's stock valued at $4,370,000 after acquiring an additional 44,542 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in SM Energy by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,111 shares of the energy company's stock valued at $2,040,000 after purchasing an additional 2,969 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of SM Energy by 44.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,248 shares of the energy company's stock worth $97,000 after purchasing an additional 1,007 shares in the last quarter. Finally, United Services Automobile Association purchased a new position in shares of SM Energy in the first quarter worth $222,000. Institutional investors own 94.56% of the company's stock.

About SM Energy

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.