What is KeyCorp's Forecast for SM Energy Q1 Earnings?

SM Energy (NYSE:SM - Free Report) - Research analysts at KeyCorp dropped their Q1 2025 EPS estimates for shares of SM Energy in a report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the energy company will post earnings per share of $1.70 for the quarter, down from their prior estimate of $2.23. KeyCorp currently has a "Overweight" rating and a $36.00 target price on the stock. 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 2025 earnings at $1.36 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $6.00 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.39 EPS, Q3 2026 earnings at $1.46 EPS, Q4 2026 earnings at $1.65 EPS and FY2026 earnings at $6.10 EPS.

Other research analysts have also issued research reports about the company. Susquehanna reduced their price target on SM Energy from $39.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday. Raymond James cut their price objective on SM Energy from $59.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, March 10th. JPMorgan Chase & Co. reduced their price objective on SM Energy from $54.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Truist Financial increased their target price on shares of SM Energy from $42.00 to $45.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Finally, Stephens decreased their price objective on shares of SM Energy from $62.00 to $55.00 and set an "overweight" rating for the company in a research note on Tuesday, April 15th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, SM Energy has an average rating of "Moderate Buy" and an average target price of $44.00.

SM Energy Stock Performance

Shares of NYSE SM opened at $22.94 on Wednesday. SM Energy has a 12 month low of $19.67 and a 12 month high of $51.94. The company has a 50-day simple moving average of $28.64 and a 200-day simple moving average of $37.13. The company has a market cap of $2.63 billion, a PE ratio of 3.43 and a beta of 3.75. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.55 and a quick ratio of 3.52.

SM Energy (NYSE:SM - Get Free Report) last posted its earnings results 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). The company had revenue of $852.22 million during the quarter, compared to analysts' expectations of $849.44 million. SM Energy had a net margin of 28.63% and a return on equity of 19.82%.

Institutional Investors Weigh In On SM Energy

A number of institutional investors have recently modified their holdings of the stock. Barclays PLC grew its stake in SM Energy by 47.3% in the third quarter. Barclays PLC now owns 250,218 shares of the energy company's stock worth $10,002,000 after purchasing an additional 80,343 shares in the last quarter. World Investment Advisors LLC bought a new position in SM Energy during the 3rd quarter worth approximately $3,048,000. Range Financial Group LLC acquired a new position in shares of SM Energy in the 4th quarter worth approximately $833,000. Principal Financial Group Inc. increased its holdings in shares of SM Energy by 4.0% in the 4th quarter. Principal Financial Group Inc. now owns 635,822 shares of the energy company's stock valued at $24,644,000 after acquiring an additional 24,701 shares during the last quarter. Finally, Intrust Bank NA bought a new stake in shares of SM Energy in the 4th quarter valued at approximately $396,000. Institutional investors and hedge funds own 94.56% of the company's stock.

Insider Buying and Selling at SM Energy

In related news, Director Barton R. Brookman, Jr. acquired 7,000 shares of SM Energy stock in a transaction on Wednesday, February 26th. The shares were purchased at an average cost of $32.36 per share, for a total transaction of $226,520.00. Following the purchase, the director now directly owns 14,666 shares of the company's stock, valued at $474,591.76. The trade was a 91.31 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.

SM Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Friday, April 18th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Thursday, April 17th. SM Energy's dividend payout ratio (DPR) is 11.98%.

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.

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