SM Energy (SM) to Release Earnings on Thursday

SM Energy (NYSE:SM - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $1.67 per share and revenue of $814.62 million for the quarter.

SM Energy (NYSE:SM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The energy company reported $1.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.00 by ($0.09). SM Energy had a return on equity of 19.82% and a net margin of 28.63%. The business had revenue of $852.22 million during the quarter, compared to the consensus estimate of $849.44 million. On average, analysts expect SM Energy to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SM Energy Stock Performance

Shares of SM stock traded up $0.31 during trading on Friday, reaching $23.48. The company had a trading volume of 1,368,989 shares, compared to its average volume of 1,889,583. The firm's 50 day simple moving average is $27.72 and its two-hundred day simple moving average is $36.68. SM Energy has a one year low of $19.67 and a one year high of $51.94. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.55 and a quick ratio of 3.52. The company has a market capitalization of $2.69 billion, a PE ratio of 3.51 and a beta of 3.75.

SM Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Friday, April 18th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Thursday, April 17th. SM Energy's dividend payout ratio is 11.98%.

Analyst Ratings Changes

Several research analysts recently commented on SM shares. KeyCorp dropped their target price on shares of SM Energy from $60.00 to $36.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Susquehanna dropped their price objective on SM Energy from $39.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday. Truist Financial increased their target price on SM Energy from $42.00 to $45.00 and gave the company a "hold" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on SM Energy from $54.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Finally, Stephens cut their price target on SM Energy from $62.00 to $55.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $44.00.

Insider Activity

In related news, Director Barton R. Brookman, Jr. purchased 7,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average price of $32.36 per share, with a total value of $226,520.00. Following the purchase, the director now directly owns 14,666 shares in the company, valued at $474,591.76. This represents a 91.31 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

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.