Roth Capital Brokers Reduce Earnings Estimates for SM Energy

SM Energy Company (NYSE:SM) – Research analysts at Roth Capital lowered their FY2025 earnings per share (EPS) estimates for SM Energy in a note issued to investors on Monday, November 3rd. Roth Capital analyst L. Mariani now anticipates that the energy company will post earnings of $5.46 per share for the year, down from their previous forecast of $5.82. The consensus estimate for SM Energy’s current full-year earnings is $8.10 per share.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Tuesday, November 4th. The energy company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.08. SM Energy had a return on equity of 18.06% and a net margin of 25.94%.The firm had revenue of $811.59 million during the quarter, compared to analysts’ expectations of $838.24 million. During the same quarter in the previous year, the business earned $1.62 earnings per share. The company’s revenue was up 26.1% on a year-over-year basis.

A number of other analysts have also recently commented on SM. Wells Fargo & Company reduced their price objective on SM Energy from $30.00 to $23.00 and set an “equal weight” rating for the company in a research report on Friday, October 17th. Mizuho set a $38.00 target price on SM Energy in a report on Friday, October 10th. Susquehanna lowered their target price on SM Energy to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of SM Energy in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada increased their target price on SM Energy from $34.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $36.64.

SM Energy Stock Down 3.5%

SM stock opened at $18.67 on Wednesday. SM Energy has a 1-year low of $18.25 and a 1-year high of $46.42. The business has a fifty day moving average price of $24.71 and a 200-day moving average price of $25.22. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.69 and a quick ratio of 0.69. The stock has a market capitalization of $2.15 billion, a P/E ratio of 2.64 and a beta of 2.30.

Institutional Trading of SM Energy

Several institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in shares of SM Energy by 69.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,017 shares of the energy company’s stock worth $30,000 after purchasing an additional 417 shares in the last quarter. Diversified Trust Co grew its position in shares of SM Energy by 1.8% during the second quarter. Diversified Trust Co now owns 29,209 shares of the energy company’s stock worth $722,000 after purchasing an additional 505 shares in the last quarter. Xponance Inc. grew its position in shares of SM Energy by 6.3% during the first quarter. Xponance Inc. now owns 8,688 shares of the energy company’s stock worth $260,000 after purchasing an additional 516 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of SM Energy by 36.3% during the third quarter. Harbor Capital Advisors Inc. now owns 2,010 shares of the energy company’s stock worth $50,000 after purchasing an additional 535 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of SM Energy by 21.9% during the second quarter. Signaturefd LLC now owns 3,118 shares of the energy company’s stock worth $77,000 after purchasing an additional 560 shares in the last quarter. Hedge funds and other institutional investors own 94.56% of the company’s stock.

SM Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 17th were given a $0.20 dividend. The ex-dividend date was Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a yield of 4.3%. SM Energy’s dividend payout ratio is presently 11.30%.

SM Energy Company Profile

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.