KeyCorp Issues Negative Estimate for SM Energy Earnings

SM Energy (NYSE:SM) – Equities researchers at KeyCorp reduced their Q1 2025 earnings per share (EPS) estimates for shares of SM Energy in a note issued to investors on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the energy company will earn $1.70 per share for the quarter, down from their prior estimate of $2.23. KeyCorp currently has a “Overweight” rating and a $36.00 target price on the stock. The consensus estimate for SM Energy’s current full-year earnings is $8.10 per share. KeyCorp also issued estimates for SM Energy’s Q2 2025 earnings at $1.36 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $6.00 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.39 EPS, Q3 2026 earnings at $1.46 EPS, Q4 2026 earnings at $1.65 EPS and FY2026 earnings at $6.10 EPS.

SM Energy (NYSE:SM) last issued its earnings results on Wednesday, February 19th. The energy company reported $1.91 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.09). SM Energy had a return on equity of 19.82% and a net margin of 28.63%. The company had revenue of $852.22 million during the quarter, compared to analyst estimates of $849.44 million.

Other research analysts have also recently issued research reports about the stock. Susquehanna decreased their target price on shares of SM Energy from $39.00 to $24.00 and set a “neutral” rating for the company in a research report on Tuesday. Williams Trading set a $41.00 price objective on SM Energy in a report on Wednesday, March 5th. Wells Fargo & Company cut their target price on SM Energy from $45.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 25th. Raymond James reduced their price target on SM Energy from $59.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, March 10th. Finally, Truist Financial raised their price target on SM Energy from $42.00 to $45.00 and gave the company a “hold” rating in a report on Monday, January 13th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, SM Energy presently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

SM Energy Stock Up 4.2 %

SM stock opened at $22.94 on Wednesday. The stock has a market cap of $2.63 billion, a PE ratio of 3.43 and a beta of 3.75. The firm’s 50-day simple moving average is $28.64 and its 200 day simple moving average is $37.13. SM Energy has a fifty-two week low of $19.67 and a fifty-two week high of $51.94. The company has a quick ratio of 3.52, a current ratio of 0.55 and a debt-to-equity ratio of 0.66.

SM Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Friday, April 18th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date is Thursday, April 17th. SM Energy’s payout ratio is currently 11.98%.

Insiders Place Their Bets

In other SM Energy news, Director Barton R. Brookman, Jr. bought 7,000 shares of SM Energy stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of $32.36 per share, for a total transaction of $226,520.00. Following the completion of the acquisition, the director now owns 14,666 shares of the company’s stock, valued at approximately $474,591.76. This represents a 91.31 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On SM Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Stifel Financial Corp raised its position in shares of SM Energy by 42.5% during the third quarter. Stifel Financial Corp now owns 25,697 shares of the energy company’s stock worth $1,027,000 after purchasing an additional 7,660 shares during the period. Barclays PLC raised its holdings in SM Energy by 47.3% during the 3rd quarter. Barclays PLC now owns 250,218 shares of the energy company’s stock worth $10,002,000 after buying an additional 80,343 shares during the period. World Investment Advisors LLC acquired a new stake in SM Energy during the 3rd quarter worth about $3,048,000. Tidal Investments LLC purchased a new stake in SM Energy during the third quarter valued at about $445,000. Finally, DGS Capital Management LLC boosted its holdings in shares of SM Energy by 88.4% in the third quarter. DGS Capital Management LLC now owns 10,910 shares of the energy company’s stock worth $436,000 after buying an additional 5,119 shares during the period. Institutional investors and hedge funds own 94.56% of the company’s stock.

SM Energy Company Profile

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.