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, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SM shares.
View SM analyst ratings or view top-rated stocks.

8 equities research analysts have issued twelve-month price targets for SM Energy's shares. Their SM share price forecasts range from $45.00 to $56.00. On average, they expect the company's share price to reach $50.75 in the next year. This suggests a possible upside of 50.9% from the stock's current price.
View analysts price targets for SM or view top-rated stocks among Wall Street analysts.

SM Energy's stock was trading at $34.83 on January 1st, 2023. Since then, SM shares have decreased by 3.4% and is now trading at $33.63.
View the best growth stocks for 2023 here.

SM Energy saw a drop in short interest in January. As of January 15th, there was short interest totaling 4,780,000 shares, a drop of 16.9% from the December 31st total of 5,750,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is currently 2.9 days.
View SM Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our SM earnings forecast.

SM Energy (NYSE:SM) issued its earnings results on Thursday, November, 3rd. The energy company reported $1.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.05. The energy company had revenue of $835.45 million for the quarter, compared to the consensus estimate of $699.92 million. SM Energy had a net margin of 36.09% and a trailing twelve-month return on equity of 37.36%.

SM Energy announced a Semi-Annual dividend on Thursday, December 29th. Investors of record on Friday, January 20th will be paid a dividend of $0.15 per share on Monday, February 6th. This represents a yield of 0.9%. The ex-dividend date is Thursday, January 19th.
Read our dividend analysis for SM.

SM Energy (NYSE:SM) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.91%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 2.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SM will have a dividend payout ratio of 4.19% 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 many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.17%), Wedge Capital Management L L P NC (0.62%), Comerica Bank (0.11%), State of Alaska Department of Revenue (0.07%), Yousif Capital Management LLC (0.07%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include Anshul Sadana, David J Whitcomb, David W Copeland, Julio M Quintana, Kenneth J Knott, Mary Ellen Lutey, Patrick A Lytle, Ramiro G Peru, Rose M Robeson and William D Sullivan.
View institutional ownership trends.

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.

One share of SM stock can currently be purchased for approximately $33.63.

SM Energy (NYSE:SM) has a market capitalization of $4.13 billion and generates $2.62 billion in revenue each year. The energy company earns $36.23 million in net income (profit) each year or $10.29 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.