SM Energy Co. (NYSE:SM)’s share price was up 5% during trading on Tuesday . The stock traded as high as $26.52 and last traded at $26.33, with a volume of 1,674,034 shares changing hands. The stock had previously closed at $25.07.

SM has been the topic of several research reports. Topeka Capital Markets lifted their price target on shares of SM Energy from $15.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, April 14th. Stifel Nicolaus lowered shares of SM Energy from a “buy” rating to a “hold” rating in a report on Wednesday, April 6th. KLR Group lowered shares of SM Energy from a “buy” rating to an “accumulate” rating in a report on Monday, April 18th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $24.00 price target on shares of SM Energy in a report on Wednesday, July 6th. Finally, Vetr lowered shares of SM Energy from a “hold” rating to a “sell” rating and set a $27.66 price target on the stock. in a report on Wednesday, April 27th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $25.02.

The firm’s market cap is $1.79 billion. The firm has a 50-day moving average of $27.98 and a 200-day moving average of $21.77.

SM Energy (NYSE:SM) last released its quarterly earnings data on Tuesday, May 3rd. The energy company reported ($5.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.76) by $4.34. The firm earned $143.08 million during the quarter, compared to analyst estimates of $344.49 million. The business’s quarterly revenue was down 60.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 earnings per share. Analysts forecast that SM Energy Co. will post ($3.05) EPS for the current year.

Several hedge funds and institutional investors have added to or reduced their stakes in SM. Rhumbline Advisers boosted its position in SM Energy by 0.5% in the fourth quarter. Rhumbline Advisers now owns 100,589 shares of the energy company’s stock valued at $1,978,000 after buying an additional 498 shares in the last quarter. Swiss National Bank boosted its position in SM Energy by 0.8% in the fourth quarter. Swiss National Bank now owns 89,000 shares of the energy company’s stock valued at $1,750,000 after buying an additional 700 shares in the last quarter. California State Teachers Retirement System boosted its position in SM Energy by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 129,035 shares of the energy company’s stock valued at $2,537,000 after buying an additional 2,089 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in SM Energy by 4.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 105,900 shares of the energy company’s stock valued at $2,082,000 after buying an additional 4,489 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in SM Energy by 2.0% in the fourth quarter. California Public Employees Retirement System now owns 302,400 shares of the energy company’s stock valued at $5,945,000 after buying an additional 6,000 shares in the last quarter.

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids (NGLs) in onshore North America. The Company operates in the exploration and production segment of the oil and gas industry within the United States.

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