SM Energy - SM Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SM Energy in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SM shares.
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8 Wall Street analysts have issued 12-month target prices for SM Energy's stock. Their SM share price forecasts range from $42.00 to $65.00. On average, they predict the company's share price to reach $52.22 in the next year. This suggests a possible upside of 54.2% from the stock's current price.
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SM Energy's stock was trading at $29.48 at the beginning of the year. Since then, SM shares have increased by 14.9% and is now trading at $33.86.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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SM Energy (NYSE:SM) announced its earnings results on Friday, October, 29th. The energy company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.60. The energy company earned $760.20 million during the quarter, compared to the consensus estimate of $520.81 million. SM Energy had a trailing twelve-month return on equity of 36.45% and a net margin of 25.46%. The company's revenue for the quarter was up 170.5% on a year-over-year basis. During the same period last year, the company posted ($0.05) earnings per share.

SM Energy announced a Semi-Annual dividend on Wednesday, September 7th. Stockholders of record on Tuesday, October 25th will be given a dividend of $0.15 per share on Monday, November 7th. This represents a dividend yield of 0.7%. The ex-dividend date is Monday, October 24th. This is an increase from the stock's previous Semi-Annual dividend of $0.01.
Read our dividend analysis for SM.

SM Energy (NYSE:SM) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 0.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SM will have a dividend payout ratio of 0.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SM.

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.

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).

SM Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "SM."

SM Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.95%), Goldman Sachs Group Inc. (1.55%), JPMorgan Chase & Co. (1.45%), River Road Asset Management LLC (1.46%), Advisory Research Inc. (1.35%) and Frontier Capital Management Co. LLC (1.34%). Insiders that own company stock include Anshul Sadana, David J Whitcomb, David W Copeland, Kenneth J Knott, Mary Ellen Lutey, Patrick A Lytle, Ramiro G Peru, Rose M Robeson and William D Sullivan.
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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.
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One share of SM stock can currently be purchased for approximately $33.86.

SM Energy (NYSE:SM) has a market capitalization of $4.15 billion and generates $2.62 billion in revenue each year. The energy company earns $36.23 million in net income (profit) each year or $7.11 on an earnings per share basis.

The company employs 506 workers across the globe.

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.