SM Energy (SM) to Release Quarterly Earnings on Thursday

SM Energy (NYSE:SM) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 3rd. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

SM Energy (NYSE:SM) last issued its quarterly earnings results on Wednesday, February 21st. The energy company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.07. The firm had revenue of $340.53 million for the quarter, compared to the consensus estimate of $330.83 million. SM Energy had a negative net margin of 12.43% and a negative return on equity of 2.09%. The company’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.31) EPS. On average, analysts expect SM Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE SM opened at $23.28 on Thursday. The company has a market capitalization of $2,497.32, a PE ratio of -28.39, a PEG ratio of 11.32 and a beta of 2.98. SM Energy has a 52-week low of $12.29 and a 52-week high of $28.20. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.98 and a current ratio of 0.98.

The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Friday, April 27th will be given a $0.05 dividend. The ex-dividend date is Thursday, April 26th. This represents a dividend yield of 0.61%. SM Energy’s dividend payout ratio (DPR) is currently -12.20%.

SM has been the topic of a number of recent analyst reports. UBS upgraded shares of SM Energy from a “neutral” rating to a “positive” rating in a research report on Tuesday, February 20th. Stifel Nicolaus set a $44.00 price target on shares of SM Energy and gave the stock a “buy” rating in a research report on Monday, January 29th. Citigroup upgraded shares of SM Energy from a “neutral” rating to a “positive” rating in a research report on Tuesday, February 20th. Bank of America dropped their price target on shares of SM Energy from $31.00 to $25.00 and set a “neutral” rating on the stock in a research report on Thursday, March 8th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $24.00 price target on shares of SM Energy in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. SM Energy has an average rating of “Buy” and a consensus target price of $27.93.

COPYRIGHT VIOLATION WARNING: “SM Energy (SM) to Release Quarterly Earnings on Thursday” was first published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/3389690/sm-energy-sm-to-release-quarterly-earnings-on-thursday.html.

SM Energy Company Profile

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions.

Earnings History for SM Energy (NYSE:SM)

Receive News & Ratings for SM Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SM Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Big Lots  PT Lowered to $58.00
Big Lots PT Lowered to $58.00
Toll Brothers  PT Lowered to $51.00
Toll Brothers PT Lowered to $51.00
thyssenkrupp  Stock Rating Reaffirmed by Credit Suisse Group
thyssenkrupp Stock Rating Reaffirmed by Credit Suisse Group
Cimarex Energy  Price Target Cut to $135.00
Cimarex Energy Price Target Cut to $135.00
Morgan Stanley Increases Gulfport Energy  Price Target to $9.00
Morgan Stanley Increases Gulfport Energy Price Target to $9.00
Analyzing HAVAS  & Publicis Groupe
Analyzing HAVAS & Publicis Groupe


© 2006-2018 Ticker Report. Google+.