Impact of Brokerage Rating on SM Energy Company(SM)

Many SM Energy Company(SM) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. SM Energy Co was Initiated by BofA/Merrill on Jan 4, 2017 to Buy, Price Target of the shares are set at $52.Company shares were Upgraded by Stifel on Dec 1, 2016 to Buy, Raises Price Target to $ 51 from a previous price target of $35 .

Company has reported several Insider transactions to the SEC, on Oct 3, 2016, Kenneth J. Knott (SVP-Bus Dv & Land & Asst Sec) sold 661 shares at 40.00 per share price.On Mar 1, 2016, Herbert S Vogel (EVP – Operations) purchased 6,000 shares at 8.64 per share price.On Mar 1, 2016, Javan D Ottoson (CEO) purchased 2,500 shares at 9.00 per share price.

SM Energy Co Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.23. Analyst had a consensus of $-0.60. The company had revenue of $352.66 million for the quarter, compared to analysts expectations of $380.75 million. The companys revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.34 EPS.

SM Energy Company (NYSE:SM) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.75 by 20 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold.

SM Energy Company (NYSE:SM): The mean estimate for the short term price target for SM Energy Company (NYSE:SM) stands at $43.94 according to 18 Analysts. The higher price target estimate for the stock has been calculated at $54 while the lower price target estimate is at $32.

SM Energy Company (NYSE:SM) witnessed a decline in the market cap on Tuesday as its shares dropped 1.06% or 0.3 points. After the session commenced at $28.52, the stock reached the higher end at $28.52 while it hit a low of $27.57. With the volume soaring to 2,382,372 shares, the last trade was called at $28.11. The company has a 52-week high of $43.09. The company has a market cap of $3,125 million and there are 111,180,218 shares in outstanding. The 52-week low of the share price is $6.99.

SM Energy Company, formerly known as St. Mary Land & Exploration Company, is an independent energy company engaged in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil. The Company operates in the areas: Mid-Continent, Rocky Mountains, ArkLaTex, Permian Basin, and Gulf Coast regions which are operated out of its offices in Tulsa, Oklahoma; Billings, Montana; Shreveport, Louisiana; Midland, Texas; and Houston, Texas, respectively. SM Energy Company is based in Denver, Colorado.


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