SM Energy Co. (NYSE:SM) shares traded up 6.3% during trading on Monday . The company traded as high as $35.01 and last traded at $34.68, with a volume of 1,979,226 shares trading hands. The stock had previously closed at $32.63.

A number of research analysts recently commented on the company. Guggenheim lowered SM Energy from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a research note on Thursday, April 21st. Deutsche Bank AG upped their target price on SM Energy from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Wednesday, August 10th. Robert W. Baird restated a “buy” rating on shares of SM Energy in a research note on Sunday, May 8th. Vetr lowered SM Energy from a “hold” rating to a “sell” rating and set a $27.66 target price for the company. in a research note on Wednesday, April 27th. Finally, KeyCorp upgraded SM Energy from a “sector weight” rating to an “overweight” rating and set a $40.00 target price for the company in a research note on Wednesday, August 10th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. SM Energy has an average rating of “Hold” and a consensus target price of $27.07.

The firm’s market cap is $2.37 billion. The company has a 50 day moving average price of $27.73 and a 200-day moving average price of $23.63.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Tuesday, August 2nd. The energy company reported ($0.44) EPS for the quarter, topping analysts’ consensus estimates of ($0.71) by $0.27. During the same period last year, the firm posted $0.49 EPS. The business had revenue of $341.80 million for the quarter, compared to analyst estimates of $328.18 million. SM Energy’s quarterly revenue was down 33.8% on a year-over-year basis. On average, equities research analysts forecast that SM Energy Co. will post ($2.56) EPS for the current year.

Several institutional investors have bought and sold shares of the company. BlackRock Advisors LLC boosted its position in SM Energy by 6.0% in the fourth quarter. BlackRock Advisors LLC now owns 982,591 shares of the energy company’s stock worth $19,318,000 after buying an additional 55,203 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of SM Energy by 126.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 81,579 shares of the energy company’s stock worth $1,604,000 after buying an additional 45,599 shares during the last quarter. I.G. Investment Management LTD. boosted its position in shares of SM Energy by 16.7% in the fourth quarter. I.G. Investment Management LTD. now owns 175,000 shares of the energy company’s stock worth $3,441,000 after buying an additional 25,000 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in shares of SM Energy by 35.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 78,300 shares of the energy company’s stock worth $1,539,000 after buying an additional 20,392 shares during the last quarter. Finally, Swiss National Bank boosted its position in shares of SM Energy by 0.8% in the fourth quarter. Swiss National Bank now owns 89,000 shares of the energy company’s stock worth $1,750,000 after buying an additional 700 shares during 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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