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.
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8 equities research analysts have issued 1 year target prices for SM Energy's shares. Their SM share price forecasts range from $45.00 to $56.00. On average, they expect the company's stock price to reach $50.75 in the next twelve months. This suggests a possible upside of 56.0% from the stock's current price.
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SM Energy's stock was trading at $34.83 at the beginning of the year. Since then, SM stock has decreased by 6.6% and is now trading at $32.53.
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SM Energy saw a drop in short interest in the month of 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 trading volume of 1,630,000 shares, the days-to-cover ratio is currently 2.9 days.
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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) posted its quarterly earnings results on Friday, October, 29th. The energy company reported $0.74 EPS for the quarter, topping 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 net margin of 36.09% and a trailing twelve-month return on equity of 37.36%. SM Energy's revenue for the quarter was up 170.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.05) EPS.

SM Energy announced a Semi-Annual dividend on Thursday, December 29th. Shareholders of record on Friday, January 20th will be paid a dividend of $0.15 per share on Monday, February 6th. This represents a dividend 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 0.96%. 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 4.67% 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 number of retail and institutional investors. Top institutional shareholders include River Road Asset Management LLC (1.69%), Assenagon Asset Management S.A. (1.17%), Pacer Advisors Inc. (0.67%), Wedge Capital Management L L P NC (0.62%), Russell Investments Group Ltd. (0.49%) and Hodges Capital Management Inc. (0.44%). 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.
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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 $32.53.

SM Energy (NYSE:SM) has a market capitalization of $3.99 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.