SM Energy (SM) Set to Post Earnings on Tuesday

SM Energy (NYSE:SM) is projected to release its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect SM Energy to announce earnings of $2.01 per share and revenue of $2.04 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

SM Energy (NYSE:SM) last released its earnings results on Wednesday, August 5th. The energy company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.23. SM Energy had a return on equity of 17.93% and a net margin of 18.20%. The firm had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm posted $1.50 earnings per share. The company’s quarterly revenue was up 215.3% on a year-over-year basis. On average, analysts expect SM Energy to post $8.15 EPS for the current fiscal year and $9.45 EPS for the next fiscal year.

SM Energy Trading Up 0.1%

NYSE SM opened at $40.15 on Tuesday. SM Energy has a 12 month low of $17.45 and a 12 month high of $41.56. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.85. The stock’s fifty day moving average price is $36.87 and its 200-day moving average price is $29.78. The stock has a market cap of $9.55 billion, a P/E ratio of 7.90 and a beta of 0.95.

SM Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, September 7th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, September 4th. SM Energy’s payout ratio is currently 17.32%.

Insider Activity at SM Energy

In other SM Energy news, Director Ashwin Venkatraman sold 3,650 shares of SM Energy stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $38.28, for a total value of $139,722.00. Following the completion of the sale, the director owned 12,525 shares of the company’s stock, valued at approximately $479,457. This trade represents a 22.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP James Barker Lebeck sold 17,500 shares of SM Energy stock in a transaction on Friday, August 21st. The stock was sold at an average price of $37.02, for a total value of $647,850.00. Following the completion of the sale, the executive vice president directly owned 14,705 shares of the company’s stock, valued at approximately $544,379.10. The trade was a 54.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company upgraded shares of SM Energy from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $32.00 to $47.00 in a research note on Thursday, August 13th. KeyCorp raised their price objective on shares of SM Energy from $39.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, September 15th. Truist Financial raised their price objective on shares of SM Energy from $43.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. Mizuho set a $39.00 target price on shares of SM Energy in a report on Wednesday, October 7th. Finally, Susquehanna lifted their target price on shares of SM Energy from $32.00 to $44.00 and gave the stock a “neutral” rating in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.59.

SM Energy Company Profile

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company’s operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.

Founded in 1908 as St.