Roth Capital Issues Negative Estimate for SM Energy Earnings

SM Energy (NYSE:SM - Free Report) - Equities research analysts at Roth Capital reduced their Q2 2025 earnings per share estimates for SM Energy in a research report issued on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the energy company will post earnings per share of $1.29 for the quarter, down from their prior estimate of $1.80. The consensus estimate for SM Energy's current full-year earnings is $8.10 per share. Roth Capital also issued estimates for SM Energy's Q3 2025 earnings at $1.46 EPS, Q4 2025 earnings at $1.60 EPS, FY2025 earnings at $6.19 EPS, Q1 2026 earnings at $1.69 EPS, Q2 2026 earnings at $1.50 EPS and FY2026 earnings at $7.25 EPS.

SM Energy (NYSE:SM - Get Free Report) last released 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 business had revenue of $852.22 million during the quarter, compared to the consensus estimate of $849.44 million.

Other equities analysts have also recently issued reports about the company. KeyCorp reduced their target price on SM Energy from $60.00 to $36.00 and set an "overweight" rating for the company in a research report on Monday. StockNews.com cut SM Energy from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Wells Fargo & Company decreased their target price on shares of SM Energy from $45.00 to $33.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 25th. Williams Trading set a $41.00 price target on SM Energy in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. dropped their target price on shares of SM Energy from $54.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.83.

SM Energy Price Performance

SM stock traded up $1.19 during mid-day trading on Thursday, reaching $23.21. 493,812 shares of the company traded hands, compared to its average volume of 1,869,348. The company has a fifty day moving average price of $28.96 and a 200-day moving average price of $37.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.55 and a quick ratio of 3.52. The company has a market capitalization of $2.66 billion, a P/E ratio of 3.48 and a beta of 3.75. SM Energy has a 52-week low of $19.67 and a 52-week high of $51.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of SM Energy by 22.0% in the 4th quarter. JPMorgan Chase & Co. now owns 4,632,255 shares of the energy company's stock worth $179,546,000 after purchasing an additional 835,929 shares in the last quarter. American Century Companies Inc. lifted its holdings in SM Energy by 8.8% in the 4th quarter. American Century Companies Inc. now owns 3,682,093 shares of the energy company's stock worth $142,718,000 after purchasing an additional 296,601 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of SM Energy by 1.1% during the third quarter. Geode Capital Management LLC now owns 2,693,372 shares of the energy company's stock worth $107,675,000 after acquiring an additional 29,911 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of SM Energy by 40.1% during the 4th quarter. First Trust Advisors LP now owns 2,683,131 shares of the energy company's stock valued at $103,998,000 after purchasing an additional 767,779 shares during the last quarter. Finally, Westwood Holdings Group Inc. grew its holdings in SM Energy by 2.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 2,118,297 shares of the energy company's stock valued at $82,105,000 after buying an additional 42,297 shares in the last quarter. 94.56% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Barton R. Brookman, Jr. purchased 7,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were purchased at an average cost of $32.36 per share, with a total value of $226,520.00. Following the acquisition, the director now directly owns 14,666 shares of the company's stock, valued at $474,591.76. This represents a 91.31 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.50% of the company's stock.

SM Energy Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, April 17th. SM Energy's payout ratio is 11.98%.

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.