SM Energy (SM) Stock Price, News & Analysis

Company Overview

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. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $44.01 to $44.91
• 50-Day Range: $38.07 to $45.83
• 52-Week Range: $34.13 to $53.26
• Volume: 1.37 million shs
• Average Volume: 1.31 million shs
• Market Capitalization: $5.12 billion
• P/E Ratio: 6.25
• Dividend Yield: 1.79%
• Price Target: $51.09
• Consensus Rating: Moderate Buy

SM Energy Stock Analysis - MarketRank™

SM Energy scored higher than 87% of companies evaluated by MarketBeat, and ranked 47th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SM Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SM Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.02%

Earnings Growth

Earnings for SM Energy are expected to grow by 5.02% in the coming year, from $6.77 to $7.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SM Energy is 6.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of SM Energy is 6.25, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.60.

Price to Book Value per Share Ratio

SM Energy has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.93% of the float of SM Energy has been sold short.

Short Interest Ratio / Days to Cover

SM Energy has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in SM Energy has recently decreased by 8.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

SM Energy pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SM Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of SM Energy is 11.17%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, SM Energy will have a dividend payout ratio of 11.25% next year. This indicates that SM Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.53

Percentage of Shares Shorted

8.93% of the float of SM Energy has been sold short.

Short Interest Ratio / Days to Cover

SM Energy has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in SM Energy has recently decreased by 8.55%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.32

News Sentiment

SM Energy has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for SM Energy this week, compared to 7 articles on an average week.

Search Interest

Only 6 people have searched for SM on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

MarketBeat Follows

8 people have added SM Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SM Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of SM Energy is held by insiders.

Percentage Held by Institutions

94.56% of the stock of SM Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SM Stock Analysis - Frequently Asked Questions

How have SM shares performed this year?

SM Energy's stock was trading at $38.72 at the beginning of 2024. Since then, SM stock has increased by 15.6% and is now trading at $44.76.
View the best growth stocks for 2024 here.

How were SM Energy's earnings last quarter?

SM Energy (NYSE:SM) issued its quarterly earnings data on Thursday, October, 31st. The energy company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.10. The business's revenue for the quarter was up .4% compared to the same quarter last year.

Who are SM Energy's major shareholders?

SM Energy's top institutional investors include State Street Corp (5.50%), Pacer Advisors Inc. (3.90%), Geode Capital Management LLC (2.35%) and River Road Asset Management LLC (1.56%). Insiders that own company stock include Herbert S Vogel, David W Copeland, Julio M Quintana, Kenneth J Knott, Ramiro G Peru, David J Whitcomb, Rose M Robeson, Patrick A Lytle and Mary Ellen Lutey.
View institutional ownership trends.

How do I buy shares of SM Energy?

Shares of SM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SM Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SM Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Cenovus Energy (CVE), Broadcom (AVGO), Advanced Micro Devices (AMD), CrowdStrike (CRWD) and General Electric (GE).

Company Calendar

• Ex-Dividend for 11/4 Dividend: 10/25/2024
• Last Earnings: 10/31/2024
• Dividend Payable: 11/04/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:SM
• CUSIP: 78454L10
• CIK: 893538
• Web: www.sm-energy.com
• Phone: (303) 861-8140
• Fax: 303-861-0934
• Employees: 540
• Year Founded: 1908

Price Target and Rating

• Average Stock Price Target: $51.09
• High Stock Price Target: $60.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: +14.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.16
• Trailing P/E Ratio: 6.25
• Forward P/E Ratio: 6.61
• P/E Growth: N/A
• Net Income: $817.88 million
• Net Margins: 33.89%
• Pretax Margin: 41.55%
• Return on Equity: 19.62%
• Return on Assets: 10.87%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 3.52
• Quick Ratio: 3.52

Sales & Book Value

• Annual Sales: $2.37 billion
• Price / Sales: 2.16
• Cash Flow: $12.43 per share
• Price / Cash Flow: 3.60
• Book Value: $31.09 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 114,420,000
• Free Float: 112,702,000
• Market Cap: $5.12 billion
• Optionable: Optionable
• Beta: 4.18