Research Analysts Set Expectations for SM Energy Q3 Earnings

SM Energy Company (NYSE:SM) – Investment analysts at KeyCorp reduced their Q3 2025 EPS estimates for SM Energy in a research report issued to clients and investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan now anticipates that the energy company will earn $1.18 per share for the quarter, down from their previous estimate of $1.44. The consensus estimate for SM Energy’s current full-year earnings is $8.10 per share. KeyCorp also issued estimates for SM Energy’s Q4 2025 earnings at $1.09 EPS, Q1 2026 earnings at $1.34 EPS, FY2026 earnings at $5.25 EPS, Q1 2027 earnings at $1.72 EPS, Q2 2027 earnings at $1.60 EPS, Q3 2027 earnings at $1.66 EPS and FY2027 earnings at $6.77 EPS.

Several other research firms also recently commented on SM. Royal Bank Of Canada upped their price objective on shares of SM Energy from $34.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. Susquehanna upped their price objective on shares of SM Energy from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Raymond James Financial cut shares of SM Energy from an “outperform” rating to an “underperform” rating in a report on Tuesday, June 24th. Zacks Research cut shares of SM Energy from a “hold” rating to a “strong sell” rating in a report on Friday, October 3rd. Finally, Mizuho set a $38.00 target price on shares of SM Energy in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.10.

SM Energy Stock Performance

NYSE SM opened at $21.75 on Friday. SM Energy has a 1 year low of $19.67 and a 1 year high of $46.42. The firm has a market capitalization of $2.50 billion, a P/E ratio of 3.07 and a beta of 2.30. The firm’s fifty day moving average price is $26.26 and its two-hundred day moving average price is $25.44. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.59.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Thursday, July 31st. The energy company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.27. SM Energy had a net margin of 25.94% and a return on equity of 18.06%. The firm had revenue of $792.94 million for the quarter, compared to analyst estimates of $792.58 million. During the same period in the prior year, the firm posted $1.85 earnings per share. The company’s quarterly revenue was up 25.0% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in SM Energy by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 15,269,443 shares of the energy company’s stock worth $457,320,000 after purchasing an additional 69,933 shares during the last quarter. American Century Companies Inc. raised its holdings in SM Energy by 7.7% during the 2nd quarter. American Century Companies Inc. now owns 4,209,870 shares of the energy company’s stock worth $104,026,000 after purchasing an additional 300,866 shares during the last quarter. Westwood Holdings Group Inc. raised its holdings in SM Energy by 16.3% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,731,350 shares of the energy company’s stock worth $92,202,000 after purchasing an additional 524,105 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of SM Energy by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 2,710,106 shares of the energy company’s stock valued at $66,979,000 after acquiring an additional 17,930 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of SM Energy by 22.2% in the 2nd quarter. Invesco Ltd. now owns 2,289,314 shares of the energy company’s stock valued at $56,569,000 after acquiring an additional 415,454 shares in the last quarter. Institutional investors own 94.56% of the company’s stock.

SM Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 17th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 3.7%. SM Energy’s dividend payout ratio (DPR) is presently 11.30%.

About SM Energy

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.