What is KeyCorp’s Forecast for SM Energy FY2025 Earnings?

SM Energy Company (NYSE:SM) – Investment analysts at KeyCorp cut their FY2025 earnings per share (EPS) estimates for SM Energy in a research note issued on Thursday, January 15th. KeyCorp analyst T. Rezvan now forecasts that the energy company will post earnings per share of $5.46 for the year, down from their prior forecast of $5.52. KeyCorp has a “Overweight” rating and a $28.00 price target on the stock. The consensus estimate for SM Energy’s current full-year earnings is $8.10 per share.

Several other brokerages have also issued reports on SM. Royal Bank Of Canada dropped their target price on SM Energy from $35.00 to $29.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 13th. Susquehanna decreased their price target on SM Energy to $27.00 and set a “neutral” rating for the company in a research note on Monday, October 20th. Mizuho set a $34.00 price objective on SM Energy in a report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SM Energy in a research report on Wednesday, October 8th. Finally, Roth Capital set a $28.00 target price on SM Energy in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $34.00.

SM Energy Stock Performance

Shares of NYSE:SM opened at $18.25 on Monday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.49. SM Energy has a 12 month low of $17.45 and a 12 month high of $43.06. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 2.88 and a beta of 1.07. The firm’s 50-day moving average is $18.84 and its 200 day moving average is $23.01.

SM Energy (NYSE:SM) last announced its earnings results on Monday, November 3rd. The energy company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.08. The business had revenue of $811.59 million for the quarter, compared to the consensus estimate of $838.24 million. SM Energy had a net margin of 22.03% and a return on equity of 16.67%. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.62 earnings per share.

Institutional Investors Weigh In On SM Energy

A number of institutional investors and hedge funds have recently bought and sold shares of SM. CSM Advisors LLC acquired a new stake in shares of SM Energy in the 2nd quarter worth $4,134,000. Congress Asset Management Co. increased its position in SM Energy by 19.9% during the 3rd quarter. Congress Asset Management Co. now owns 1,212,775 shares of the energy company’s stock valued at $30,283,000 after buying an additional 201,704 shares in the last quarter. Prudential Financial Inc. raised its stake in SM Energy by 33.1% in the second quarter. Prudential Financial Inc. now owns 294,546 shares of the energy company’s stock valued at $7,278,000 after buying an additional 73,240 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in SM Energy in the second quarter worth about $1,709,000. Finally, Creative Planning grew its stake in shares of SM Energy by 33.3% during the second quarter. Creative Planning now owns 81,990 shares of the energy company’s stock worth $2,026,000 after acquiring an additional 20,497 shares during the last quarter. 94.56% of the stock is owned by institutional investors.

SM Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 26th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.80 annualized dividend and a yield of 4.4%. SM Energy’s dividend payout ratio is 12.62%.

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.