SM Energy Co (NYSE:SM) has received a consensus rating of “Buy” from the twenty-five brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $32.27.

Several research analysts recently issued reports on the stock. MKM Partners assumed coverage on shares of SM Energy in a research note on Wednesday, December 5th. They issued a “buy” rating and a $31.00 price target for the company. JPMorgan Chase & Co. set a $25.00 price target on shares of SM Energy and gave the stock a “buy” rating in a research note on Friday, December 7th. Capital One Financial lowered shares of SM Energy from an “overweight” rating to an “equal weight” rating in a research note on Thursday, December 20th. Williams Capital set a $44.00 price target on shares of SM Energy and gave the stock a “buy” rating in a research note on Friday, November 2nd. Finally, Howard Weil upgraded shares of SM Energy from a “sector perform” rating to a “sector outperform” rating in a research note on Thursday, September 27th.

Shares of NYSE SM opened at $18.78 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.62 and a quick ratio of 0.62. SM Energy has a 12 month low of $13.15 and a 12 month high of $33.76. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of -22.90, a P/E/G ratio of 1.54 and a beta of 2.92.

SM Energy (NYSE:SM) last issued its quarterly earnings data on Thursday, November 1st. The energy company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.17). SM Energy had a return on equity of 0.59% and a net margin of 8.56%. The company had revenue of $459.37 million during the quarter, compared to the consensus estimate of $429.63 million. During the same quarter last year, the company posted ($0.25) earnings per share. The firm’s revenue for the quarter was up 55.5% compared to the same quarter last year. Equities research analysts expect that SM Energy will post 0.23 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in SM. Bank of America Corp DE boosted its holdings in shares of SM Energy by 209.4% in the second quarter. Bank of America Corp DE now owns 3,471,682 shares of the energy company’s stock worth $89,187,000 after buying an additional 2,349,442 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of SM Energy by 597.7% in the third quarter. AQR Capital Management LLC now owns 901,963 shares of the energy company’s stock worth $28,439,000 after buying an additional 772,689 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of SM Energy by 7.5% in the third quarter. Dimensional Fund Advisors LP now owns 8,085,585 shares of the energy company’s stock worth $254,939,000 after buying an additional 562,244 shares during the last quarter. Walthausen & Co. LLC purchased a new position in shares of SM Energy in the third quarter worth approximately $15,109,000. Finally, Vanguard Group Inc boosted its holdings in shares of SM Energy by 4.1% in the third quarter. Vanguard Group Inc now owns 11,191,722 shares of the energy company’s stock worth $352,875,000 after buying an additional 445,168 shares during the last quarter.

SM Energy Company Profile

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the Midland Basin and the Eagle Ford shale in Texas. As of December 31, 2017, the company had 468.1 million barrels of oil equivalent of estimated proved reserves; and working interests in 919 net productive oil wells and 489 net productive gas wells.

Further Reading: Insider Trading

Analyst Recommendations for SM Energy (NYSE:SM)

Receive News & Ratings for SM Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SM Energy and related companies with MarketBeat.com's FREE daily email newsletter.