SM Energy Company (NYSE: SM) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for SM Energy Company (SM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.33, or -3.16%, to $40.8. Volume reached 72,318 shares, with price reaching a high of $40.97 and a low of $40.75. Yahoo Finance discussed the stock recently as it posted SM ENERGY ANNOUNCES PROGRAM TO RETURN CAPITAL TO STOCKHOLDERS.


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Stocks Info

SM Energy Company is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $40.97 and fluctuated between $43.73 as its day high and $40.88 as its day low. The current market capitalization of SM Energy Company is $5.20B. A total of 1.31 million shares were traded on the day, compared to an average of 1.84M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SM has seen 46 BUY and 37 SELL insider trades, representing the acquisition of 781,162 and the disposition of 313,763 shares. Over the last 12 months, there were 72 BUYs and 66 SELLs from insiders. Insiders purchased 956,806 shares during that period but sold 630,662.

In the most recent transaction, Lytle Patrick A sold 8,658 shares of SM for 45.61 per share on Sep 09. After the transaction, the VP – Chief Accounting Officer now owns 12,463 company shares. In a previous transaction on Sep 09, Copeland David W sold 10,000 shares at 46.23 per share. SM shares that EVP & General Counsel owns now total 228,543.

Among the insiders who sold shares, Copeland David W disposed of 5,000 shares on May 31 at a per-share price of $51.23. This resulted in the EVP & General Counsel holding 188,722 shares of SM after the transaction. In another insider transaction, Copeland David W sold 20,000 shares at $45.07 per share on May 26. Company shares held by the EVP & General Counsel now total 193,722.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. SM Energy Company pays an annual dividend of $0.30, resulting in a dividend yield of 0.73%, and it has a price to earnings (P/E) ratio of 6.10. SM’s most recent ex-dividend date was 04/21/2022 when it declared a $0.01 quarterly dividend that was paid in cash on 05/06/2022. Previously, the company paid the dividend on 11/05/2021 with an ex-dividend date of 10/22/2021. The dividend was $0.01 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SM in the last 3 months, the mean price target is $59.34 with high estimates of $82.00 and low estimates of $40.00. In terms of 52-week highs and lows, SM has a high of $54.97 and a low of $20.97.

As of this writing, SM has an earnings estimate of $2.19 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.26 per share and a lower estimate of $2.09. The company reported an EPS of $2.19 in the last quarter, which was 3.3% higher than expectations of $2.12.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SM is Hold with a score of 4.30. A total of 5 analysts rated the stock as Buy while 2 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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