NYSE:SM

SM Energy (SM) Stock Forecast, Price & News

$40.04

-0.62 (-1.52%)

(As of 09/28/2023 ET)

Compare

Today's Range: $39.85
▼
$41.20
50-Day Range: $34.30
▼
$42.94
52-Week Range: $24.66
▼
$48.55

Volume: 2.18 million shs
Average Volume: 1.78 million shs
Market Capitalization: $4.75 billion

P/E Ratio: 4.53
Dividend Yield: 1.50%
Price Target: $41.30

SM Energy MarketRank™ Forecast

Analyst Rating: Hold
2.36 Rating Score
Upside/Downside: 3.1% Upside
$41.30 Price Target
Short Interest: Bearish
6.53% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -7.53
Upright™ Environmental Score
News Sentiment: 1.01
Based on 4 Articles This Week
Insider Trading: Selling Shares
$2.08 M Sold Last Quarter
Proj. Earnings Growth: 20.32%
From $5.66 to $6.81 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Oils/Energy Sector

200th out of 247 stocks

Crude Petroleum & Natural Gas Industry

71st out of 81 stocks

1.2

Analyst's Opinion

Consensus Rating
SM Energy has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $41.30, SM Energy has a forecasted upside of 3.1% from its current price of $40.04.
Amount of Analyst Coverage
SM Energy has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.53% of the float of SM Energy has been sold short.
Short Interest Ratio / Days to Cover
SM Energy has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in SM Energy has recently increased by 4.39%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
SM Energy pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
SM Energy has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of SM Energy is 6.80%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, SM Energy will have a dividend payout ratio of 8.81% next year. This indicates that SM Energy will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
SM Energy has received a -143.94% net impact score from Upright. The largest negative impact of SM Energy in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Crude oil", and "Oil exploration services" products. See details.
Environmental Sustainability
The Environmental Impact score for SM Energy is -7.53.

2.2

News and Social Media Coverage

News Sentiment
SM Energy has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for SM Energy this week, compared to 4 articles on an average week.
Search Interest
Only 6 people have searched for SM on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added SM Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SM Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,083,923.00 in company stock.
Percentage Held by Insiders
Only 1.40% of the stock of SM Energy is held by insiders.
Percentage Held by Institutions
91.26% of the stock of SM Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for SM Energy are expected to grow by 20.32% in the coming year, from $5.66 to $6.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SM Energy is 4.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of SM Energy is 4.53, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.73.
Price to Book Value per Share Ratio
SM Energy has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SM Energy (NYSE:SM) Stock

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 also has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

SM Price History

30 days | 90 days | 365 days | Advanced Chart

SM Stock News Headlines

September 28, 2023 | msn.com

Eni's (E) Plenitude Initiates Solar Power Project in Kazakhstan

September 26, 2023 | americanbankingnews.com

SM Energy (NYSE:SM) Given Average Rating of "Hold" by Brokerages

September 29, 2023 | UNKNOWN (Ad)

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September 23, 2023 | finance.yahoo.com

Is SM Energy Company (NYSE:SM) Trading At A 23% Discount?

September 20, 2023 | americanbankingnews.com

Mizuho Increases SM Energy (NYSE:SM) Price Target to $50.00

September 11, 2023 | markets.businessinsider.com

SM Investments still the most organized in investor relations, strongest in adherence to corporate governance in Southeast Asia

September 11, 2023 | gurufocus.com

Unveiling SM Energy Co (SM)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 6, 2023 | finance.yahoo.com

With EPS Growth And More, SM Energy (NYSE:SM) Makes An Interesting Case

September 29, 2023 | Behind the Markets (Ad)

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September 1, 2023 | finance.yahoo.com

Why Is SM Energy (SM) Up 13.4% Since Last Earnings Report?

August 30, 2023 | markets.businessinsider.com

SM Energy (SM) Gets a Hold from RBC Capital

August 28, 2023 | finance.yahoo.com

South Texas Drilling Permit Roundup: Four companies seek new wells in Eagle Ford's southernmost county

August 26, 2023 | msn.com

Oil M&A Has Surged. But the Game Has Changed.

August 22, 2023 | msn.com

Oil M&A Is Changing. 5 Possible Buyout Targets.

August 21, 2023 | finance.yahoo.com

Why The 27% Return On Capital At SM Energy (NYSE:SM) Should Have Your Attention

August 14, 2023 | markets.businessinsider.com

Rising Fuel Costs Lead To Win For Energy, Cathie Wood's Biotech Play Loses Big - ETF Winners And Losers: Medium-Cap Returns

August 14, 2023 | msn.com

SM Energy: Nearly $400 Million In Projected H2 2023 Free Cash Flow

August 9, 2023 | finance.yahoo.com

SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

August 4, 2023 | finance.yahoo.com

Is SM Energy Company's (NYSE:SM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

August 4, 2023 | markets.businessinsider.com

Siebert Williams Shank & Co Keeps Their Buy Rating on SM Energy (SM)

August 3, 2023 | seekingalpha.com

SM Energy Company 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | markets.businessinsider.com

SM Energy Co. Q2 Profit Decreases, but beats estimates

August 3, 2023 | msn.com

SM Energy reports mixed Q2 earnings; initiates Q3 and updates FY23 outlook

July 28, 2023 | finance.yahoo.com

SM ENERGY PUBLISHES UPDATED ESG DISCLOSURES INCLUDING THE CDP, TCFD AND SASB FRAMEWORKS

July 24, 2023 | markets.businessinsider.com

What 5 Analyst Ratings Have To Say About SM Energy

July 19, 2023 | markets.businessinsider.com

Analysts Conflicted on These NA Names: Nextier Oilfield Solutions (NEX), Pioneer Natural (PXD) and SM Energy (SM)

July 16, 2023 | finance.yahoo.com

Why You Might Be Interested In SM Energy Company (NYSE:SM) For Its Upcoming Dividend

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SM Company Calendar

Ex-Dividend for 8/7 Dividend: 7/20/2023
Last Earnings: 8/02/2023
Dividend Payable: 8/07/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Sector: Oils/Energy
Current Symbol: NYSE:SM
CUSIP: 78454L10
CIK: 893538
Web: www.sm-energy.com
Phone: (303) 861-8140
Fax: 303-861-0934
Employees: 539
Year Founded: 1908

Price Target and Rating

Average Stock Price Forecast: $41.30
High Stock Price Forecast: $56.00
Low Stock Price Forecast: $32.00
Forecasted Upside/Downside: +3.1%
Consensus Rating: Hold
Rating Score (0-4): 2.36
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.83
Trailing P/E Ratio: 4.53
Forward P/E Ratio: 7.07
P/E Growth: N/A
Net Income: $1.11 billion
Net Margins: 41.36%
Pretax Margin: 52.07%
Return on Equity: 22.48%
Return on Assets: 12.07%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 1.20
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $3.36 billion
Price / Sales: 1.42
Cash Flow: $12.79 per share
Price / Cash Flow: 3.13
Book Value: $25.13 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 118,700,000
Free Float: 117,038,000
Market Cap: $4.75 billion
Optionable: Optionable
Beta: 4.36

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Key Executives

Mr. Herbert S. Vogel (Age 62)
Pres, CEO & Director
Comp: $2.04M

Mr. A. Wade Pursell (Age 58)
Exec. VP & CFO
Comp: $1.13M

Ms. Mary Ellen Lutey (Age 51)
Sr. VP of Exploration, Devel. & EHS
Comp: $748.6k

Mr. Richard Jenkins
VP of Operations

Mr. Patrick Allen Lytle (Age 41)
VP, Chief Accounting Officer & Controller

Mr. Dean Lutey
VP & Chief Information Officer

Ms. Jennifer Martin Samuels
VP of Investor Relations & ESG Stewardship

Mr. James B. Lebeck (Age 42)
Sr. VP & Gen. Counsel

Ms. Julie T. Gray
VP of Marketing

Ms. Susie Piehl
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SM Stock - Frequently Asked Questions

Should I buy or sell SM Energy stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SM Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SM, but not buy additional shares or sell existing shares.
View SM analyst ratings or view top-rated stocks.
What is SM Energy's stock price forecast for 2023?: 11 analysts have issued 1-year price targets for SM Energy's shares. Their SM share price forecasts range from $32.00 to $56.00. On average, they expect the company's share price to reach $41.30 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
View analysts price targets for SM or view top-rated stocks among Wall Street analysts.
How have SM shares performed in 2023?: SM Energy's stock was trading at $34.83 on January 1st, 2023. Since then, SM shares have increased by 15.0% and is now trading at $40.04.
View the best growth stocks for 2023 here.
When is SM Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our SM earnings forecast.
How were SM Energy's earnings last quarter?: SM Energy (NYSE:SM) released its quarterly earnings results on Wednesday, August, 2nd. The energy company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.26. The energy company earned $550.75 million during the quarter, compared to analysts' expectations of $555.46 million. SM Energy had a net margin of 41.36% and a trailing twelve-month return on equity of 22.48%.
How often does SM Energy pay dividends? What is the dividend yield for SM Energy?: SM Energy announced a semi-annual dividend on Wednesday, June 28th. Investors of record on Friday, July 21st will be given a dividend of $0.15 per share on Monday, August 7th. This represents a yield of 1%. The ex-dividend date is Thursday, July 20th.
Read our dividend analysis for SM.
What ETFs hold SM Energy's stock?: ETFs with the largest weight of SM Energy (NYSE:SM) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), The Acquirers Fund (ZIG), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Quality ETF (XSHQ) and Euclidean Fundamental Value ETF (ECML).
Is SM Energy a good dividend stock?: SM Energy (NYSE:SM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.55%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SM will have a dividend payout ratio of 8.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SM.

What is Jay Ottoson's approval rating as SM Energy's CEO?: 36 employees have rated SM Energy Chief Executive Officer Jay Ottoson on Glassdoor.com. Jay Ottoson has an approval rating of 31% among the company's employees. This puts Jay Ottoson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of SM Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SM Energy investors own include Callon Petroleum (CPE), InterDigital (IDCC), Whiting Petroleum (WLL), Boeing (BA), Bank of Hawaii (BOH), Oasis Petroleum (OAS), Proofpoint (PFPT), Devon Energy (DVN), Matador Resources (MTDR) and Intel (INTC).
What is SM Energy's stock symbol?: SM Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "SM."
How do I buy shares of SM Energy?: Shares of SM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is SM Energy's stock price today?: One share of SM stock can currently be purchased for approximately $40.04.
How much money does SM Energy make?: SM Energy (NYSE:SM) has a market capitalization of $4.75 billion and generates $3.36 billion in revenue each year. The energy company earns $1.11 billion in net income (profit) each year or $8.83 on an earnings per share basis.
How many employees does SM Energy have?: The company employs 539 workers across the globe.
How can I contact SM Energy?: SM Energy's mailing address is 1775 SHERMAN STREET SUITE 1200, DENVER CO, 80203. The official website for the company is www.sm-energy.com. The energy company can be reached via phone at (303) 861-8140, via email at ir@sm-energy.com, or via fax at 303-861-0934.

This page (NYSE:SM) was last updated on 9/29/2023 by MarketBeat.com Staff

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