SM Energy (SM) Projected to Announce Earnings on Tuesday

Key Points

• SM Energy is expected to report Q3 2026 results after Tuesday’s market close, with analysts forecasting earnings of $2.01 per share on $2.04 billion in revenue. The earnings call is scheduled for Wednesday, November 4.
• The company exceeded expectations in its most recent quarter, reporting $2.19 in EPS versus a $1.96 consensus estimate and $2.50 billion in revenue. Analysts project full-year EPS of $8.15 and next-year EPS of $9.45.
• SM Energy shares recently traded near their 52-week high, while the company maintains a quarterly dividend of $0.22 per share, or $0.88 annually. Analysts give the stock a Moderate Buy consensus rating with an average price target of $40.59.

SM Energy (NYSE:SM - Get Free Report) will likely be posting its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect SM Energy to announce earnings of $2.01 per share and revenue of $2.04 billion for the quarter. Investors may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

SM Energy (NYSE:SM - Get Free Report) last posted its earnings results on Wednesday, August 5th. The energy company reported $2.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.23. The firm had revenue of $2.50 billion for the quarter, compared to analysts' expectations of $2.02 billion. SM Energy had a return on equity of 17.93% and a net margin of 18.20%. The business's revenue was up 215.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.50 earnings per share. On average, analysts expect SM Energy to post $8.15 EPS for the current fiscal year and $9.45 EPS for the next fiscal year.

SM Energy Price Performance

Shares of SM Energy stock opened at $40.15 on Tuesday. The business has a 50 day moving average of $36.87 and a 200 day moving average of $29.78. SM Energy has a 52 week low of $17.45 and a 52 week high of $41.56. The company has a market cap of $9.55 billion, a PE ratio of 7.90 and a beta of 0.95. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.85.

SM Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 2.2%. SM Energy's payout ratio is 17.32%.

Insider Activity

In related news, Director Ashwin Venkatraman sold 3,650 shares of SM Energy stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $38.28, for a total transaction of $139,722.00. Following the completion of the transaction, the director directly owned 12,525 shares of the company's stock, valued at $479,457. This trade represents a 22.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James Barker Lebeck sold 17,500 shares of SM Energy stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $37.02, for a total transaction of $647,850.00. Following the transaction, the executive vice president directly owned 14,705 shares of the company's stock, valued at approximately $544,379.10. This trade represents a 54.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.45% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on SM. Scotiabank started coverage on shares of SM Energy in a research report on Wednesday, October 14th. They set a "sector perform" rating and a $39.00 price objective on the stock. UBS Group raised their target price on shares of SM Energy from $36.00 to $48.00 and gave the stock a "buy" rating in a research report on Monday, September 14th. Susquehanna raised their target price on shares of SM Energy from $32.00 to $44.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 20th. Weiss Ratings raised shares of SM Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 16th. Finally, Zacks Research upgraded shares of SM Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, SM Energy presently has an average rating of "Moderate Buy" and an average price target of $40.59.

About SM Energy

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company's operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.

Founded in 1908 as St.

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