SM Energy (NYSE:SM) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

03 Nov 2026, 23:28 by Kim Johansen · The Markets Daily

SM Energy (NYSE:SM – Get Free Report) released its quarterly earnings data on Tuesday. The energy company reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.06), FiscalAI reports. SM Energy had a net margin of 18.20% and a return on equity of 17.93%. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.04 billion.

SM Energy Stock Down 2.0%

Shares of SM stock traded down $0.73 during mid-day trading on Tuesday, reaching $36.71. 2,984,075 shares of the company were exchanged, compared to its average volume of 4,790,965. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.62 and a current ratio of 0.62. The business’s 50 day simple moving average is $37.15 and its 200 day simple moving average is $30.31. The company has a market capitalization of $8.73 billion, a P/E ratio of 7.23 and a beta of 0.95. SM Energy has a fifty-two week low of $17.45 and a fifty-two week high of $41.56.

SM Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, September 7th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, September 4th. SM Energy’s payout ratio is presently 17.32%.

Insider Buying and Selling

In other news, EVP James Barker Lebeck sold 17,500 shares of SM Energy stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $37.02, for a total transaction of $647,850.00. Following the sale, the executive vice president owned 14,705 shares of the company’s stock, valued at approximately $544,379.10. The trade was a 54.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ashwin Venkatraman sold 3,650 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $38.28, for a total transaction of $139,722.00. Following the completion of the transaction, the director owned 12,525 shares of the company’s stock, valued at $479,457. This represents a 22.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on SM. Wall Street Zen upgraded shares of SM Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 19th. UBS Group raised their target price on shares of SM Energy from $36.00 to $48.00 and gave the company a “buy” rating in a report on Monday, September 14th. Weiss Ratings raised shares of SM Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 16th. Zacks Research upgraded SM Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Finally, Truist Financial boosted their price target on SM Energy from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.59.

Check Out Our Latest Stock Analysis on SM

SM Energy Company Profile

(Get Free Report)

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company’s operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.