SM Energy to Post FY2025 Earnings of $7.20 Per Share, Capital One Financial Forecasts (NYSE:SM)

SM Energy (NYSE:SM) – Stock analysts at Capital One Financial boosted their FY2025 earnings per share (EPS) estimates for shares of SM Energy in a note issued to investors on Wednesday, April 17th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings per share of $7.20 for the year, up from their prior estimate of $7.08. The consensus estimate for SM Energy’s current full-year earnings is $6.21 per share.

Other analysts also recently issued reports about the company. Wells Fargo & Company raised their target price on SM Energy from $45.00 to $51.00 and gave the company an “equal weight” rating in a research note on Thursday. Susquehanna lifted their price target on SM Energy from $38.00 to $42.00 and gave the company a “neutral” rating in a research note on Monday, February 26th. KeyCorp lifted their price target on SM Energy from $51.00 to $62.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Raymond James cut their price target on SM Energy from $53.00 to $45.00 and set an “outperform” rating for the company in a research note on Monday, January 8th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $45.00 price target on shares of SM Energy in a research note on Monday, February 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.86.

SM Energy Stock Performance

Shares of SM opened at $48.03 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a 50-day moving average of $45.98 and a 200-day moving average of $40.83. The company has a market cap of $5.56 billion, a PE ratio of 6.99 and a beta of 4.20. SM Energy has a one year low of $25.03 and a one year high of $53.26.

SM Energy (NYSE:SM) last issued its quarterly earnings results on Wednesday, February 21st. The energy company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.17. The firm had revenue of $608.73 million during the quarter, compared to the consensus estimate of $611.35 million. SM Energy had a return on equity of 20.74% and a net margin of 34.45%. The business’s revenue was down 9.3% compared to the same quarter last year. During the same period last year, the business posted $1.29 EPS.

SM Energy Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Friday, April 19th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.50%. SM Energy’s dividend payout ratio (DPR) is presently 10.48%.

Institutional Investors Weigh In On SM Energy

A number of hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its holdings in SM Energy by 41.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,075 shares of the energy company’s stock valued at $314,000 after acquiring an additional 2,348 shares during the period. Natixis Advisors L.P. raised its holdings in SM Energy by 28.4% during the 1st quarter. Natixis Advisors L.P. now owns 20,390 shares of the energy company’s stock valued at $794,000 after acquiring an additional 4,513 shares during the period. MetLife Investment Management LLC raised its holdings in SM Energy by 55.1% during the 1st quarter. MetLife Investment Management LLC now owns 63,571 shares of the energy company’s stock valued at $2,476,000 after acquiring an additional 22,582 shares during the period. Great West Life Assurance Co. Can raised its holdings in SM Energy by 2.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 110,627 shares of the energy company’s stock valued at $4,431,000 after acquiring an additional 2,680 shares during the period. Finally, Cibc World Market Inc. bought a new stake in SM Energy during the 1st quarter valued at $1,226,000. Institutional investors own 94.56% of the company’s stock.

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.