SM Energy (SM) Projected to Release Quarterly Earnings on Wednesday

SM Energy (NYSE:SM) is projected to issue its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $1.93 per share and revenue of $2.0172 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

SM Energy (NYSE:SM) last announced its earnings results on Wednesday, May 6th. The energy company reported $1.55 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 the consensus estimate of $1.42 billion. During the same period last year, the company posted $1.76 EPS. The business’s quarterly revenue was up 75.0% on a year-over-year basis. On average, analysts expect SM Energy to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

SM Energy Stock Performance

Shares of SM opened at $29.76 on Wednesday. The firm has a market cap of $7.13 billion, a P/E ratio of 12.50 and a beta of 0.73. SM Energy has a twelve month low of $17.45 and a twelve month high of $35.88. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.39 and a current ratio of 0.39. The firm’s 50 day moving average price is $30.08 and its two-hundred day moving average price is $27.07.

SM Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, June 8th. SM Energy’s dividend payout ratio (DPR) is presently 36.97%.

Insider Activity

In other news, Director Ramiro G. Peru sold 24,553 shares of the stock in a transaction that occurred 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 sale, the director owned 65,964 shares of the company’s stock, valued at approximately $2,241,456.72. This represents a 27.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Institutional Trading of SM Energy

Large investors have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of SM Energy by 1.7% in the 4th quarter. State Street Corp now owns 6,257,360 shares of the energy company’s stock valued at $118,267,000 after purchasing an additional 107,295 shares during the period. Millennium Management LLC lifted its position in shares of SM Energy by 205.1% in the fourth quarter. Millennium Management LLC now owns 2,835,718 shares of the energy company’s stock valued at $53,028,000 after buying an additional 1,906,255 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of SM Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 2,721,147 shares of the energy company’s stock worth $50,897,000 after acquiring an additional 56,187 shares during the period. Woodline Partners LP increased its holdings in shares of SM Energy by 198.9% during the 3rd quarter. Woodline Partners LP now owns 2,429,518 shares of the energy company’s stock worth $60,665,000 after acquiring an additional 1,616,822 shares during the last quarter. Finally, Invesco Ltd. raised its stake in SM Energy by 1.5% in the 3rd quarter. Invesco Ltd. now owns 2,323,065 shares of the energy company’s stock valued at $58,007,000 after acquiring an additional 33,751 shares during the period. Institutional investors and hedge funds own 94.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on SM. Raymond James Financial cut their price objective on shares of SM Energy from $55.00 to $48.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. UBS Group initiated coverage on shares of SM Energy in a report on Tuesday, July 14th. They issued a “buy” rating and a $36.00 price objective on the stock. Siebert Williams Shank upgraded shares of SM Energy from a “hold” rating to a “buy” rating and increased their target price for the stock from $30.00 to $41.00 in a report on Thursday, May 14th. Mizuho lowered their price target on shares of SM Energy from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 7th. Finally, Truist Financial lowered their price target on shares of SM Energy from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, SM Energy has a consensus rating of “Moderate Buy” and an average price target of $36.53.

SM Energy Company Profile

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.