After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted SM ENERGY REPORTS PRODUCTION BEAT ON LOWER CAPITAL COSTS AND SCHEDULES YEAR-END 2023 EARNINGS RELEASE AND CALL.
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Stocks Info
This NYSE-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $38.80 and fluctuated between $39.39 as its day high and $38.65 as its day low. The current market capitalization of SM Energy Co is $4.51B. A total of 1.17 million shares were traded on the day, compared to an average of 1.25M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, SM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 35 BUYs and 27 SELLs from insiders. Insiders purchased 252,146 shares during that period but sold 193,280.
In the most recent transaction, Quintana Julio M sold 44,000 shares of SM for 42.06 per share on Aug 30. After the transaction, the Director now owns 89,028 company shares. In a previous transaction on Aug 29, PERU RAMIRO G sold 15,670 shares at 41.14 per share. SM shares that Director owns now total 73,685.
Among the insiders who sold shares, ROBESON ROSE M disposed of 30,000 shares on Aug 23 at a per-share price of $39.65. This resulted in the Director holding 39,531 shares of SM after the transaction. In another insider transaction, Lytle Patrick A sold 6,494 shares at $38.46 per share on Aug 07. Company shares held by the VP – Chief Accounting Officer now total 10,098.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. SM Energy Co pays an annual dividend of $0.63, resulting in a dividend yield of 1.62%, and it has a price to earnings (P/E) ratio of 5.67. SM’s most recent ex-dividend date was 1/18/2024 when it declared a $0.18 quarterly dividend that was paid in cash on 2/5/2024. Previously, the company paid the dividend on 11/6/2023 with an ex-dividend date of 10/23/2023. The SM stock dividend was $0.15 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SM in the last 3 months, the mean price target is $46.20 with high estimates of $58.00 and low estimates of $38.00. In terms of 52-week highs and lows, SM has a high of $43.73 and a low of $24.66.
As of this writing, SM has an earnings estimate of $Sm GBP/USD – NYCC – Mar24 per share for the current quarter. EPS was calculated based on a consensus of Qualtrics International Inc. estimates, with a high estimate of $Taiwan Semiconductor Manufactur per share and a lower estimate of $Micro E-mini S&P SmallCap 600 F.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SM’s latest balance sheet shows that the firm has $332.72M in Cash & Short Term Investments as of fiscal 2021. There were $2.08B in debt and $889.33M in liabilities at the time. Its Book Value Per Share was $29.27, while its Total Shareholder’s Equity was $2.06B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 4.18.
