Equities Analysts Set Expectations for SM Energy Q1 Earnings

SM Energy Company (NYSE:SM) – Stock analysts at KeyCorp reduced their Q1 2027 earnings estimates for SM Energy in a research note issued on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the energy company will post earnings per share of $2.02 for the quarter, down from their previous estimate of $2.06. KeyCorp currently has a “Overweight” rating and a $39.00 target price on the stock. The consensus estimate for SM Energy’s current full-year earnings is $7.47 per share. KeyCorp also issued estimates for SM Energy’s Q4 2027 earnings at $2.41 EPS.

SM Energy (NYSE:SM) last issued its earnings results on Wednesday, May 6th. The energy company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.42. SM Energy had a net margin of 3.45% and a return on equity of 13.93%. The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter last year, the business earned $1.76 earnings per share. The business’s revenue was up 75.0% on a year-over-year basis.

Several other research analysts have also recently issued reports on the stock. Mizuho raised their target price on shares of SM Energy from $34.00 to $38.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. BMO Capital Markets raised their price target on SM Energy from $26.00 to $33.00 and gave the stock a “market perform” rating in a research note on Thursday, April 2nd. Wall Street Zen raised SM Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Truist Financial raised their price target on SM Energy from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Zacks Research lowered SM Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $37.07.

SM Energy Stock Down 0.8%

Shares of SM Energy stock opened at $34.01 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.39 and a current ratio of 0.39. SM Energy has a 52-week low of $17.45 and a 52-week high of $35.88. The stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 14.29 and a beta of 0.72. The company’s 50 day moving average price is $30.71 and its 200-day moving average price is $24.35.

SM Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 2.6%. SM Energy’s dividend payout ratio is 36.97%.

Insider Transactions at SM Energy

In other SM Energy news, Director Ramiro G. Peru sold 24,553 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $33.98, for a total value of $834,310.94. Following the completion of the transaction, the director owned 65,964 shares in the company, valued at approximately $2,241,456.72. This represents a 27.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On SM Energy

Institutional investors have recently added to or reduced their stakes in the company. NBC Securities Inc. raised its holdings in SM Energy by 160.5% in the fourth quarter. NBC Securities Inc. now owns 1,347 shares of the energy company’s stock worth $25,000 after purchasing an additional 830 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of SM Energy by 10,461.5% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,373 shares of the energy company’s stock worth $26,000 after purchasing an additional 1,360 shares in the last quarter. Torren Management LLC boosted its position in shares of SM Energy by 4,561.1% in the 1st quarter. Torren Management LLC now owns 839 shares of the energy company’s stock worth $26,000 after purchasing an additional 821 shares in the last quarter. Global Retirement Partners LLC boosted its position in shares of SM Energy by 62.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,386 shares of the energy company’s stock worth $26,000 after purchasing an additional 535 shares in the last quarter. Finally, Center for Financial Planning Inc. bought a new stake in shares of SM Energy in the 1st quarter worth approximately $31,000. Institutional investors own 94.56% of the company’s stock.

About SM Energy

SM Energy Company (NYSE: SM) is an independent energy firm engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company focuses on identifying and exploiting unconventional onshore basins, leveraging advanced drilling and completion techniques to optimize resource recovery. SM Energy’s operations are supported by an integrated approach to reservoir management and strategic midstream partnerships, enabling efficient transportation and marketing of hydrocarbons.

The company’s core asset areas include prolific basins such as the Permian, Eagle Ford, and the Rocky Mountain region.