Is SM Energy Co (NYSE: SM) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that SM ENERGY DECLARES QUARTERLY CASH DIVIDEND.

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Stocks Info

SM belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $52.01 and fluctuated between $53.16 as its day high and $51.95 as its day low. The current market capitalization of SM Energy Co is $6.02B. A total of 1.27 million shares were traded on the day, compared to an average of 1.63M shares.

In the most recent transaction, Lutey Mary Ellen sold 43,506 shares of SM for 44.50 per share on Mar 01 ’24. After the transaction, the SVP – Expl., Development & EHS now owns 12,472 company shares. In a previous transaction on Aug 30 ’23, Quintana Julio M sold 44,000 shares at 42.06 per share. SM shares that Director owns now total 89,028.

Among the insiders who sold shares, PERU RAMIRO G disposed of 15,670 shares on Aug 29 ’23 at a per-share price of $41.14. This resulted in the Director holding 73,685 shares of SM after the transaction. In another insider transaction, ROBESON ROSE M sold 30,000 shares at $39.65 per share on Aug 23 ’23. Company shares held by the Director now total 39,531.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. SM Energy Co pays an annual dividend of $0.63, resulting in a dividend yield of 1.21%, and it has a price to earnings (P/E) ratio of 7.57. SM’s most recent ex-dividend date was 4/18/2024 when it declared a $0.18 quarterly dividend that was paid in cash on 5/3/2024. Previously, the company paid the dividend on 2/5/2024 with an ex-dividend date of 1/18/2024. The SM stock dividend was $0.18 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SM has a high of $53.26 and a low of $25.03.

As of this writing, SM has an earnings estimate of $1.25 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.34 per share and a lower estimate of $1.08. The company reported an EPS of $1.73 in the last quarter, which was 8.80% higher than expectations of $1.59.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $31.24, while its Total Shareholder’s Equity was $2.06B.

Analysts Opinion

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. 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.

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