KeyCorp Has Bearish Outlook for SM Energy FY2025 Earnings

SM Energy Company (NYSE:SM) – Equities researchers at KeyCorp decreased their FY2025 EPS estimates for SM Energy in a report released on Tuesday, October 14th. KeyCorp analyst T. Rezvan now anticipates that the energy company will post earnings of $5.52 per share for the year, down from their prior estimate of $6.00. The consensus estimate for SM Energy’s current full-year earnings is $8.10 per share. KeyCorp also issued estimates for SM Energy’s Q2 2026 earnings at $1.18 EPS, Q3 2026 earnings at $1.23 EPS and Q4 2026 earnings at $1.50 EPS.

A number of other analysts have also issued reports on the stock. Zacks Research lowered shares of SM Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, October 3rd. TD Cowen raised shares of SM Energy to a “strong-buy” rating in a research note on Monday, July 7th. Raymond James Financial lowered shares of SM Energy from an “outperform” rating to an “underperform” rating in a research note on Tuesday, June 24th. Susquehanna upped their price objective on shares of SM Energy from $24.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Mizuho set a $38.00 price objective on shares of SM Energy in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $38.10.

SM Energy Stock Down 1.6%

Shares of SM opened at $21.75 on Thursday. The firm has a market capitalization of $2.50 billion, a P/E ratio of 3.07 and a beta of 2.30. SM Energy has a 12-month low of $19.67 and a 12-month high of $46.42. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.59. The firm has a fifty day moving average price of $26.26 and a 200-day moving average price of $25.44.

SM Energy (NYSE:SM) last issued its earnings results on Thursday, July 31st. The energy company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.27. The firm had revenue of $792.94 million during the quarter, compared to analyst estimates of $792.58 million. SM Energy had a net margin of 25.94% and a return on equity of 18.06%. The business’s revenue was up 25.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.85 earnings per share.

SM Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 17th will be issued a $0.20 dividend. The ex-dividend date is Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a yield of 3.7%. SM Energy’s payout ratio is currently 11.30%.

Hedge Funds Weigh In On SM Energy

A number of large investors have recently added to or reduced their stakes in the company. Collar Capital Management LLC raised its holdings in SM Energy by 4.0% in the third quarter. Collar Capital Management LLC now owns 81,347 shares of the energy company’s stock worth $2,031,000 after purchasing an additional 3,166 shares in the last quarter. Inspire Investing LLC increased its holdings in shares of SM Energy by 15.6% during the third quarter. Inspire Investing LLC now owns 21,994 shares of the energy company’s stock valued at $549,000 after acquiring an additional 2,960 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings 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 valued at $50,000 after acquiring an additional 535 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of SM Energy by 8.5% during the third quarter. Exchange Traded Concepts LLC now owns 42,710 shares of the energy company’s stock valued at $1,066,000 after acquiring an additional 3,353 shares in the last quarter. Finally, Trust Point Inc. acquired a new position in shares of SM Energy during the third quarter valued at about $261,000. 94.56% of the stock is currently owned by institutional investors.

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.