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.