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SM Energy (SM) Stock Declines While Market Improves: Some Information for Investors
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SM Energy (SM - Free Report) ended the recent trading session at $28.78, demonstrating a -1.74% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
The independent oil and gas company's stock has dropped by 10.37% in the past month, falling short of the Oils-Energy sector's loss of 0.61% and the S&P 500's gain of 8.11%.
The investment community will be paying close attention to the earnings performance of SM Energy in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company's upcoming EPS is projected at $1.29, signifying a 26.70% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.39 billion, showing a 64.61% escalation compared to the year-ago quarter.
SM's full-year Zacks Consensus Estimates are calling for earnings of $6.85 per share and revenue of $6.93 billion. These results would represent year-over-year changes of +26.38% and +119.85%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SM Energy. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 31.77% higher. SM Energy presently features a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, SM Energy is currently exchanging hands at a Forward P/E ratio of 4.28. This valuation marks a discount compared to its industry average Forward P/E of 10.94.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 17, positioning it in the top 7% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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SM Energy (SM) Stock Declines While Market Improves: Some Information for Investors
SM Energy (SM - Free Report) ended the recent trading session at $28.78, demonstrating a -1.74% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
The independent oil and gas company's stock has dropped by 10.37% in the past month, falling short of the Oils-Energy sector's loss of 0.61% and the S&P 500's gain of 8.11%.
The investment community will be paying close attention to the earnings performance of SM Energy in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company's upcoming EPS is projected at $1.29, signifying a 26.70% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.39 billion, showing a 64.61% escalation compared to the year-ago quarter.
SM's full-year Zacks Consensus Estimates are calling for earnings of $6.85 per share and revenue of $6.93 billion. These results would represent year-over-year changes of +26.38% and +119.85%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SM Energy. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 31.77% higher. SM Energy presently features a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, SM Energy is currently exchanging hands at a Forward P/E ratio of 4.28. This valuation marks a discount compared to its industry average Forward P/E of 10.94.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 17, positioning it in the top 7% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.