SM Energy Company (NYSE: SM) is 53.43% higher on its value in year-to-date trading and has touched a low of $0.90 and a high of $11.84 in the current 52-week trading range. The SM stock was last observed hovering at around $10.37 in the last trading session, with the day’s loss setting it -0.98% off its average median price target of $7.00 for the next 12 months. It is also 21.75% off the consensus price target high of $12.00 offered by 16 analysts, but current levels are -213.0% lower than the price target low of $3.00 for the same period.
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Currently trading at $9.39, the stock is 39.37% and 94.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.09 million and changing -9.45% at the moment leaves the stock 183.89% off its SMA200. SM registered -17.78% loss for a year compared to 6-month gain of 153.10%. The firm has a 50-day simple moving average (SMA 50) of $6.04 and a 200-day simple moving average (SMA200) of $3.36.
The stock witnessed a 40.78% loss in the last 1 month and extending the period to 3 months gives it a 472.56%, and is 19.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.04% over the week and 9.57% over the month.
SM Energy Company (SM) has around 530 employees, a market worth around $1.09B and $1.26B in sales. Profit margin for the company is -55.80%. Distance from 52-week low is 943.33% and -20.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.50%).
SM Energy Company (SM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SM Energy Company (SM) is a “Hold”. 16 analysts offering their recommendations for the stock have an average rating of 2.80, where 8 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
SM Energy Company is expected to release its quarterly report on 05/04/2021 and quarterly earnings per share for the current quarter are estimated at -$0.03 with sales reaching $328.32M over the same period.The EPS is expected to shrink by -137.10% this year, but quarterly earnings will post -27.00% year-over-year. Quarterly sales are estimated to shrink -26.90% in year-over-year returns.
SM Energy Company (SM) Top Institutional Holders
230 institutions hold shares in SM Energy Company (SM), with 2.09M shares held by insiders accounting for 1.83% while institutional investors hold 74.07% of the company’s shares. The shares outstanding are 114.37M, and float is at 107.69M with Short Float at 12.49%. Institutions hold 72.71% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 16.2 million shares valued at $25.75 million. The investor’s holdings represent 14.14% of the SM Shares outstanding. As of Sep 29, 2020, the second largest holder is Maple Rock Capital Partners, Inc. with 6.53 million shares valued at $10.37 million to account for 5.70% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 6.52 million shares representing 5.69% and valued at over $10.37 million, while EnCap Energy Capital Fund IX, LP holds 4.18% of the shares totaling 4.79 million with a market value of $7.61 million.
SM Energy Company (SM) Insider Activity
A total of 2 insider transactions have happened at SM Energy Company (SM) in the last six months, with sales accounting for 1 and purchases happening 1 times. The most recent transaction is an insider purchase by Quintana Julio M, the company’s Director. SEC filings show that Quintana Julio M bought 40,000 shares of the company’s common stock on Mar 10 at a price of $2.00 per share for a total of $80000.0. Following the purchase, the insider now owns 0.11 million shares.
SM Energy Company disclosed in a document filed with the SEC on Mar 09 that PERU RAMIRO G (Director) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Mar 09 and was made at $1.43 per share for $21450.0. Following the transaction, the insider now directly holds 74124.0 shares of the SM stock.
Still, SEC filings show that on Mar 09, Copeland David W (EVP and General Counsel) acquired 10,000 shares at an average price of $1.54 for $15400.0. The insider now directly holds 155,912 shares of SM Energy Company (SM).
SM Energy Company (SM): Who are the competitors?
The company’s main competitors (and peers) include Range Resources Corporation (RRC) that is 101.52% higher over the past 12 months. Cimarex Energy Co. (XEC) is -10.40% down on the 1-year trading charts. Short interest in the company’s stock has risen 1.29% from the last report on Nov 29, 2020 to stand at a total of 12.23 million short shares sold with a short interest ratio of 1.64.