Investor Confidence Dwindles After Southwestern Energy Company. (NYSE: SWN) Shares Gain By About 0.03

Southwestern Energy Company (NYSE:SWN) has a beta value of 1.16 and has seen 10.66 million shares traded in the last trading session. The company, currently valued at $8.31B, closed the last trade at $7.54 per share which meant it gained $0.03 on the day or 0.40% during that session. The SWN stock price is -1.99% off its 52-week high price of $7.69 and 39.39% above the 52-week low of $4.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.08 million shares traded. The 3-month trading volume is 17.70 million shares.

Southwestern Energy Company (NYSE:SWN) trade information

Sporting 0.40% in the green in last session, the stock has traded in the red over the last five days, when the SWN stock price touched $7.54 or saw a rise of 1.95%. Year-to-date, Southwestern Energy Company shares have moved 15.11%, while the 5-day performance has seen it change -0.92%. Over the past 30 days, the shares of Southwestern Energy Company (NYSE:SWN) have changed 8.65%. Short interest in the company has seen 41.35 million shares shorted with days to cover at 2.67.

Southwestern Energy Company (SWN) estimates and forecasts

Figures show that Southwestern Energy Company shares have outperformed across the wider relevant industry. The company’s shares have gained 20.83% over the past 6 months, with this year growth rate of 0.00%, compared to -3.50% for the industry. Revenue growth from the last financial year stood is estimated to be -20.90%.

10 analysts offering their estimates for the company have set an average revenue estimate of $1.19 billion for the current quarter. 10 have an estimated revenue figure of $1.13 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $1.64 billion and $1.27 billion respectively for this quarter and the next, and analysts expect sales will shrink by -27.00% for the current quarter and -11.30% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.75% over the past 5 years. Earnings growth for 2024 is a modest -8.75% while over the next 5 years, the company’s earnings are expected to increase by 21.00%.

SWN Dividends

Southwestern Energy Company is expected to release its next earnings report between April 25 and April 29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Southwestern Energy Company (NYSE:SWN)’s Major holders

Insiders own 0.70% of the company shares, while shares held by institutions stand at 87.61% with a share float percentage of 88.23%. Investors are also buoyed by the number of investors in a company, with Southwestern Energy Company having a total of 596 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 110.71 million shares worth more than $665.38 million. As of Jun 29, 2023, Vanguard Group Inc held 10.05% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 96.98 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $582.82 million and represent 8.80% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. As of Sep 29, 2023, the former fund manager holds about 3.13% shares in the company for having 34.45 million shares of worth $222.19 million while later fund manager owns 34.24 million shares of worth $205.8 million as of Jun 29, 2023, which makes it owner of about 3.11% of company’s outstanding stock.