SM Energy to Post FY2025 Earnings of $7.20 Per Share, Capital One Financial Forecasts (NYSE:SM)

SM Energy (NYSE:SM) – Investment analysts at Capital One Financial upped their FY2025 earnings per share estimates for SM Energy in a note issued to investors on Wednesday, April 17th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $7.20 for the year, up from their prior forecast of $7.08. The consensus estimate for SM Energy’s current full-year earnings is $6.21 per share.

A number of other equities research analysts have also issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $45.00 target price on shares of SM Energy in a research report on Monday, February 5th. Mizuho lifted their target price on SM Energy from $51.00 to $57.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Wells Fargo & Company lifted their target price on SM Energy from $45.00 to $51.00 and gave the company an “equal weight” rating in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on SM Energy from $49.00 to $54.00 and gave the company an “overweight” rating in a research report on Tuesday, April 9th. Finally, Seaport Res Ptn raised SM Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $50.86.

SM Energy Trading Down 2.6 %

NYSE SM opened at $48.03 on Thursday. The stock’s 50-day moving average is $45.98 and its 200-day moving average is $40.83. SM Energy has a one year low of $25.03 and a one year high of $53.26. The firm has a market cap of $5.56 billion, a P/E ratio of 6.99 and a beta of 4.20. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.45.

SM Energy (NYSE:SM) last released its quarterly earnings results on Wednesday, February 21st. The energy company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.17. The company had revenue of $608.73 million for the quarter, compared to analyst estimates of $611.35 million. SM Energy had a return on equity of 20.74% and a net margin of 34.45%. SM Energy’s revenue was down 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of SM Energy by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 15,111,503 shares of the energy company’s stock worth $568,344,000 after acquiring an additional 224,029 shares during the period. State Street Corp boosted its stake in shares of SM Energy by 13.7% during the 1st quarter. State Street Corp now owns 7,002,705 shares of the energy company’s stock worth $272,755,000 after acquiring an additional 842,589 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of SM Energy by 9.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,509,379 shares of the energy company’s stock worth $213,326,000 after acquiring an additional 493,427 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of SM Energy by 35.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,249,967 shares of the energy company’s stock worth $126,586,000 after acquiring an additional 849,019 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of SM Energy by 3.6% during the 1st quarter. Geode Capital Management LLC now owns 2,277,349 shares of the energy company’s stock worth $64,130,000 after acquiring an additional 79,806 shares during the period. 94.56% of the stock is currently owned by institutional investors.

SM Energy Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, April 19th will be paid a $0.18 dividend. The ex-dividend date is Thursday, April 18th. This represents a $0.72 dividend on an annualized basis and a yield of 1.50%. SM Energy’s dividend payout ratio is 10.48%.

About SM Energy

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.