In the last trading session, 2.47 million SM Energy Co (NYSE:SM) shares changed hands as the company’s beta touched 3.78. With the company’s per share price at $30.30 changed hands at $0.04 or 0.13% during last session, the market valuation stood at $3.47B. SM’s last price was a discount, traded about -75.78% off its 52-week high of $53.26. The share price had its 52-week low at $26.66, which suggests the last value was 12.01% up since then. When we look at SM Energy Co’s average trading volume, we note the 10-day average is 2.57 million shares, with the 3-month average coming to 1.90 million.
Analysts gave the SM Energy Co (SM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.06. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SM as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight. SM Energy Co’s EPS for the current quarter is expected to be 1.61.
SM Energy Co (NYSE:SM) trade information
Instantly SM was in green as seen at the end of in last trading. With action 4.23%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -21.83%, with the 5-day performance at 4.23% in the green. However, in the 30-day time frame, SM Energy Co (NYSE:SM) is -21.34% down. Looking at the short shares, we see there were 10.15 million shares sold at short interest cover period of 5.1 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 39.4% from its current market value. According to analyst projections, SM’s forecast low is 41 with 60 as the target high. To hit the forecast high, the stock’s price needs a -98.02% plunge from its current level, while the stock would need to soar -35.31% for it to hit the projected low.
SM Energy Co (SM) estimates and forecasts
Year-over-year growth is forecast to reach 26.28% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 824.58M. 10 analysts are of the opinion that SM Energy Co’s revenue for the current quarter will be 837.71M. The company’s revenue for the corresponding quarters a year ago was 559.87M and 634.55M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 47.28%. The estimates for the next quarter sales put growth at 32.01%.
The 2025 estimates are for SM Energy Co earnings to decrease by -3.95%, but the outlook for the next 5-year period is at -2.16% per year.
SM Dividends
SM Energy Co is expected to release its next quarterly earnings report on 2025-Feb-18. The 2.51% annual yield figure for the share gives it an annual dividend of 0.76. It is important to note, however, that the 2.51% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.1 per year.
SM Energy Co (NYSE:SM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.54% of SM Energy Co shares while 102.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 104.44%. There are 102.84% institutions holding the SM Energy Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 17.0454% of the shares, roughly 19.71 million SM shares worth $852.13 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 12.4033% or 14.34 million shares worth $620.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Pacer Small Cap U.S. Cash Cows 100 ETF . With 7.35 shares estimated at $222.77 million under it, the former controlled 6.42% of total outstanding shares. On the other hand, Pacer Small Cap U.S. Cash Cows 100 ETF held about 3.85% of the shares, roughly 4.4 shares worth around $133.42 million.
