SM Energy (SM) Projected to Post Quarterly Earnings on Wednesday

SM Energy (NYSE:SM) will likely be issuing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $1.4182 billion for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

SM Energy (NYSE:SM) last posted its earnings results on Wednesday, February 25th. The energy company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.10. The firm had revenue of $704.92 million during the quarter, compared to analyst estimates of $764.40 million. SM Energy had a net margin of 20.55% and a return on equity of 13.47%. The business’s revenue was down 17.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.91 EPS. On average, analysts expect SM Energy to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SM Energy Stock Performance

SM stock opened at $31.41 on Tuesday. The business has a 50 day moving average of $27.72 and a 200-day moving average of $22.39. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.48. The firm has a market cap of $7.53 billion, a PE ratio of 5.56 and a beta of 0.73. SM Energy has a 12-month low of $17.45 and a 12-month high of $33.25.

SM Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 9th were paid a $0.22 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a yield of 2.8%. This is an increase from SM Energy’s previous quarterly dividend of $0.20. SM Energy’s dividend payout ratio (DPR) is presently 15.58%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SM. Global Retirement Partners LLC grew its stake in shares of SM Energy by 62.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,386 shares of the energy company’s stock worth $26,000 after buying an additional 535 shares during the last quarter. Johnson Financial Group Inc. bought a new position in SM Energy in the 3rd quarter valued at approximately $31,000. UMB Bank n.a. lifted its position in SM Energy by 102.4% in the 4th quarter. UMB Bank n.a. now owns 1,911 shares of the energy company’s stock valued at $36,000 after acquiring an additional 967 shares in the last quarter. State of Wyoming raised its stake in SM Energy by 22.2% during the 4th quarter. State of Wyoming now owns 2,748 shares of the energy company’s stock valued at $51,000 after buying an additional 499 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in SM Energy during the 3rd quarter valued at $80,000. Institutional investors own 94.56% of the company’s stock.

Analysts Set New Price Targets

SM has been the subject of a number of research analyst reports. KeyCorp lifted their price target on SM Energy from $29.00 to $39.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Wells Fargo & Company lifted their price target on SM Energy from $25.00 to $29.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upgraded SM Energy from a “neutral” rating to an “overweight” rating and set a $40.00 price target for the company in a research report on Friday, March 20th. Roth Mkm reiterated a “neutral” rating and set a $33.00 price target (up from $24.00) on shares of SM Energy in a research report on Wednesday, April 8th. Finally, National Bank Financial set a $30.00 price target on SM Energy in a research report on Tuesday, March 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.62.

About SM Energy

SM Energy Company (NYSE: SM) is an independent energy firm engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company focuses on identifying and exploiting unconventional onshore basins, leveraging advanced drilling and completion techniques to optimize resource recovery. SM Energy’s operations are supported by an integrated approach to reservoir management and strategic midstream partnerships, enabling efficient transportation and marketing of hydrocarbons.

The company’s core asset areas include prolific basins such as the Permian, Eagle Ford, and the Rocky Mountain region.