SM Energy (SM) Expected to Announce Quarterly Earnings on Wednesday

SM Energy (NYSE:SM) will likely be posting its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $1.4182 billion for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

SM Energy (NYSE:SM) last announced its quarterly earnings data on Wednesday, February 25th. The energy company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.10. The business had revenue of $704.92 million during the quarter, compared to analyst estimates of $764.40 million. SM Energy had a return on equity of 13.47% and a net margin of 20.55%.SM Energy’s quarterly revenue was down 17.3% compared to the same quarter last year. During the same period last year, the company earned $1.91 earnings per share. On average, analysts expect SM Energy to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SM Energy Price Performance

SM opened at $30.46 on Monday. The stock has a fifty day moving average price of $27.72 and a 200 day moving average price of $22.39. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. SM Energy has a 1 year low of $17.45 and a 1 year high of $33.25. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 5.39 and a beta of 0.73.

SM Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 9th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, March 9th. This represents a $0.88 annualized dividend and a dividend yield of 2.9%. This is a positive change from SM Energy’s previous quarterly dividend of $0.20. SM Energy’s dividend payout ratio is presently 15.58%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Truist Financial started coverage on SM Energy in a report on Tuesday, March 24th. They issued a “buy” rating and a $38.00 price objective on the stock. Weiss Ratings raised shares of SM Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 17th. Royal Bank Of Canada dropped their price target on shares of SM Energy from $35.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 13th. Roth Mkm restated a “neutral” rating and set a $33.00 price target (up from $24.00) on shares of SM Energy in a report on Wednesday, April 8th. Finally, BMO Capital Markets upped their price objective on shares of SM Energy from $26.00 to $33.00 and gave the stock a “market perform” rating in a report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $33.62.

Hedge Funds Weigh In On SM Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SM. Virtu Financial LLC grew its stake in SM Energy by 31.7% in the 4th quarter. Virtu Financial LLC now owns 14,421 shares of the energy company’s stock valued at $270,000 after buying an additional 3,475 shares during the last quarter. Summit Global Investments lifted its position in SM Energy by 1.1% during the 4th quarter. Summit Global Investments now owns 46,417 shares of the energy company’s stock worth $868,000 after acquiring an additional 489 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in SM Energy by 174.3% during the 4th quarter. State of Tennessee Department of Treasury now owns 75,969 shares of the energy company’s stock worth $1,479,000 after acquiring an additional 48,270 shares during the last quarter. CacheTech Inc. boosted its holdings in SM Energy by 51.0% during the fourth quarter. CacheTech Inc. now owns 156,553 shares of the energy company’s stock valued at $2,927,000 after acquiring an additional 52,877 shares during the period. Finally, Empowered Funds LLC boosted its holdings in SM Energy by 212.5% during the fourth quarter. Empowered Funds LLC now owns 125,993 shares of the energy company’s stock valued at $2,356,000 after acquiring an additional 85,674 shares during the period. Institutional investors and hedge funds own 94.56% of the company’s stock.

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.