SM Energy (SM) Projected to Post Earnings on Thursday

SM Energy (NYSE:SM - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect SM Energy to post earnings of $1.67 per share and revenue of $814.62 million for the quarter.

SM Energy (NYSE:SM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The energy company reported $1.91 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.09). SM Energy had a return on equity of 19.82% and a net margin of 28.63%. The company had revenue of $852.22 million during the quarter, compared to the consensus estimate of $849.44 million. 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

SM stock traded down $0.34 during midday trading on Tuesday, reaching $23.26. 275,085 shares of the company's stock traded hands, compared to its average volume of 1,882,012. The company has a 50-day moving average price of $27.42 and a two-hundred day moving average price of $36.47. SM Energy has a 52 week low of $19.67 and a 52 week high of $51.94. The firm has a market capitalization of $2.66 billion, a PE ratio of 3.46 and a beta of 3.75. The company has a debt-to-equity ratio of 0.66, a quick ratio of 3.52 and a current ratio of 0.55.

SM Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Friday, April 18th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend is Thursday, April 17th. SM Energy's payout ratio is 11.98%.

Analyst Ratings Changes

Several brokerages recently commented on SM. Susquehanna decreased their target price on shares of SM Energy from $39.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 22nd. StockNews.com cut shares of SM Energy from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Williams Trading set a $41.00 price target on SM Energy in a research report on Wednesday, March 5th. Truist Financial boosted their price target on SM Energy from $42.00 to $45.00 and gave the stock a "hold" rating in a research note on Monday, January 13th. Finally, Wells Fargo & Company dropped their target price on SM Energy from $45.00 to $33.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 25th. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $44.00.

Insider Activity at SM Energy

In other news, Director Barton R. Brookman, Jr. purchased 7,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average cost of $32.36 per share, for a total transaction of $226,520.00. Following the completion of the purchase, the director now directly owns 14,666 shares in the company, valued at $474,591.76. The trade was a 91.31 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

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.