SM Energy Company (SM) Volatility At 13.32%, Should You Add A Position?

230 institutions hold shares in SM Energy Company (SM), with 2.1M shares held by insiders accounting for 1.83% while institutional investors hold 74.07% of the company’s shares. The shares outstanding are 114.53M, and float is at 107.52M with Short Float at 9.47%. Institutions hold 72.71% of the Float.


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The top institutional shareholder in the company is Blackrock Inc. with over 16.65 million shares valued at $101.9 million. The investor’s holdings represent 14.53% 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 Schneider Capital Management Corp holds 3.97% of the shares totaling 4.55 million with a market value of $5.55 million.

SM Energy Company (NYSE: SM) is 118.95% higher on its value in year-to-date trading and has touched a low of $0.90 and a high of $14.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SM stock was last observed hovering at around $11.32 in the last trading session, with the day’s gains setting it 2.08% off its average median price target of $13.50 for the next 12 months. It is also 25.56% off the consensus price target high of $18.00 offered by 16 analysts, but current levels are -346.67% lower than the price target low of $3.00 for the same period.

Currently trading at $13.40, the stock is 26.39% and 58.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.69 million and changing 18.37% at the moment leaves the stock 206.28% off its SMA200. SM registered 57.09% gain for a year compared to 6-month gain of 413.41%. The firm has a 50-day simple moving average (SMA 50) of $9.78 and a 200-day simple moving average (SMA200) of $4.65.

The stock witnessed a 62.23% loss in the last 1 month and extending the period to 3 months gives it a 328.11%, and is 5.59% 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 13.32% over the week and 9.91% over the month.

SM Energy Company (SM) has around 503 employees, a market worth around $1.51B and $1.13B in sales. Fwd P/E is 31.53. Profit margin for the company is -67.90%. Distance from 52-week low is 1388.89% and -6.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.10%).

SM Energy Company (SM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for SM Energy Company (SM) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.60, where 7 rate it as a Hold and 1 think it is a “Overweight”. 6 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 -$0.24 with sales reaching $348.74M over the same period.The EPS is expected to shrink by -304.60% this year, but quarterly earnings will post 32.50% year-over-year. Quarterly sales are estimated to shrink -2.00% in year-over-year returns.

SM Energy Company (SM) Insider Activity

A total of 0 insider transactions have happened at SM Energy Company (SM) in the last six months, with sales accounting for 0 and purchases happening 0 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).

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SM Energy Company (SM): Who are the competitors?

The company’s main competitors (and peers) include Range Resources Corporation (RRC) that is 228.03% higher over the past 12 months. Cimarex Energy Co. (XEC) is 22.41% up on the 1-year trading charts. Short interest in the company’s stock has fallen -21.71% from the last report on Dec 30, 2020 to stand at a total of 12.39 million short shares sold with a short interest ratio of 1.82.

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