SM Energy (NYSE:SM – Get Free Report)‘s stock had its “neutral” rating restated by investment analysts at Roth Mkm in a research note issued on Wednesday,Benzinga reports. They currently have a $33.00 price target on the energy company’s stock, up from their prior price target of $24.00. Roth Mkm’s price target would indicate a potential upside of 5.43% from the company’s previous close.
Several other research firms have also commented on SM. KeyCorp raised their target price on SM Energy from $29.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. National Bank Financial set a $30.00 target price on SM Energy in a report on Tuesday, March 17th. BMO Capital Markets raised their target price on SM Energy from $26.00 to $33.00 and gave the stock a “market perform” rating in a report on Thursday, April 2nd. Truist Financial assumed coverage on SM Energy in a report on Tuesday, March 24th. They set a “buy” rating and a $38.00 target price on the stock. Finally, Siebert Williams Shank lowered SM Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $33.31.
Read Our Latest Stock Report on SM Energy
SM Energy Stock Up 2.8%
SM Energy (NYSE:SM – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The energy company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.10. The business had revenue of $704.92 million for the quarter, compared to analyst estimates of $764.40 million. SM Energy had a return on equity of 13.47% and a net margin of 20.55%.The company’s revenue was down 17.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.91 earnings per share. Equities analysts expect that SM Energy will post 8.1 earnings per share for the current year.
Institutional Trading of SM Energy
Several institutional investors have recently bought and sold shares of the business. State Street Corp grew its holdings in SM Energy by 1.7% in the fourth quarter. State Street Corp now owns 6,257,360 shares of the energy company’s stock valued at $118,267,000 after purchasing an additional 107,295 shares during the period. Dimensional Fund Advisors LP grew its holdings in SM Energy by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 5,921,769 shares of the energy company’s stock valued at $147,876,000 after purchasing an additional 30,951 shares during the period. American Century Companies Inc. grew its holdings in SM Energy by 8.9% in the third quarter. American Century Companies Inc. now owns 4,585,624 shares of the energy company’s stock valued at $114,503,000 after purchasing an additional 375,754 shares during the period. Westwood Holdings Group Inc. grew its holdings in SM Energy by 16.3% in the second quarter. Westwood Holdings Group Inc. now owns 3,731,350 shares of the energy company’s stock valued at $92,202,000 after purchasing an additional 524,105 shares during the period. Finally, Millennium Management LLC grew its holdings in SM Energy by 205.1% in the fourth quarter. Millennium Management LLC now owns 2,835,718 shares of the energy company’s stock valued at $53,028,000 after purchasing an additional 1,906,255 shares during the period. 94.56% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about SM Energy
Here are the key news stories impacting SM Energy this week:
- Positive Sentiment: Zacks added SM to its Zacks Rank #1 (Strong Buy) list, a headline that typically attracts buyer interest from momentum and quant-focused investors. New Strong Buy Stocks for April 8th
- Positive Sentiment: SM was named to Zacks’ Best Income Stocks (Rank #1), highlighting its yield/value appeal for income‑oriented funds and investors. Best Income Stocks to Buy for April 8th
- Positive Sentiment: Zacks also placed SM on its Best Value Stocks list (Rank #1), reinforcing a valuation narrative that can support buying. Best Value Stocks to Buy for April 8th
- Positive Sentiment: KeyCorp materially raised its EPS forecasts across 2026–2027 and maintains an “Overweight” rating with a $39 price target — a meaningful catalyst that supports higher analyst‑driven valuations. (KeyCorp research summaries circulated in recent coverage.)
- Positive Sentiment: A company debt‑tender announcement was framed as clarifying the post‑merger balance sheet and improving financial flexibility, reducing refinancing uncertainty and supporting credit metrics. SM Energy Debt Tender Clarifies Post Merger Balance Sheet And Flexibility
- Positive Sentiment: Multiple Zacks pieces call out SM’s strong momentum and history of earnings surprises (increasing the probability of near‑term upside as investors position ahead of results). Will SM Energy (SM) Beat Estimates Again in Its Next Earnings Report?
- Neutral Sentiment: Analyst consensus remains a “Hold” in a separate note — a reminder that not all analysts are upgrading, which can limit the breadth of buyer conviction. SM Energy Company (NYSE:SM) Given Consensus Rating of “Hold” by Analysts
- Neutral Sentiment: SM scheduled Q1 2026 results for May 6 and a May 7 conference call — an important near‑term event that could drive volatility depending on reported production, commodity realizations and capital allocation commentary. SM Energy Schedules First Quarter 2026 Conference Call for May 7, 2026
- Neutral Sentiment: Legislation (H.R.8034) has been proposed that could offer more favorable tax treatment to small oil & gas producers, which would be a potential tailwind if enacted — but the bill is early stage and uncertain. New Bill: Representative Tracey Mann introduces H.R. 8034
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.
See Also
Receive News & Ratings for SM Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SM Energy and related companies with MarketBeat.com's FREE daily email newsletter.
