SM Energy Company (NYSE:SM) Stock Has Consensus Target Price of $39.38

03 Oct 2026, 02:44 by Jessica Moore · The Cerbat Gem

Shares of SM Energy Company (NYSE:SM – Get Free Report) have received an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $39.38.

SM has been the subject of several research reports. Roth Capital upgraded SM Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $30.00 to $32.00 in a report on Monday, June 22nd. Stifel Nicolaus started coverage on SM Energy in a research note on Wednesday, September 9th. They set a “hold” rating and a $42.00 price target on the stock. UBS Group lifted their price objective on SM Energy from $36.00 to $48.00 and gave the company a “buy” rating in a report on Monday, September 14th. Wells Fargo & Company raised shares of SM Energy from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $32.00 to $47.00 in a research note on Thursday, August 13th. Finally, Raymond James Financial lowered their price objective on shares of SM Energy from $55.00 to $48.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st.

Get Our Latest Stock Report on SM Energy

SM Energy Stock Up 0.4%

Shares of NYSE SM opened at $35.21 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 6.93 and a beta of 0.95. The stock has a 50 day moving average price of $34.85 and a 200 day moving average price of $31.65. SM Energy has a 52-week low of $17.45 and a 52-week high of $41.56.

SM Energy (NYSE:SM – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.23. The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.02 billion. SM Energy had a return on equity of 17.93% and a net margin of 18.20%.SM Energy’s revenue was up 215.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.50 earnings per share. Sell-side analysts expect that SM Energy will post 7.49 earnings per share for the current year.

SM Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 2.5%. SM Energy’s payout ratio is currently 17.32%.

Insider Activity at SM Energy

In related news, EVP James Barker Lebeck sold 17,500 shares of SM Energy stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $37.02, for a total transaction of $647,850.00. Following the transaction, the executive vice president directly owned 14,705 shares of the company’s stock, valued at $544,379.10. This trade represents a 54.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ashwin Venkatraman sold 3,650 shares of SM Energy stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $38.28, for a total transaction of $139,722.00. Following the transaction, the director directly owned 12,525 shares in the company, valued at approximately $479,457. The trade was a 22.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.45% of the stock is currently owned by corporate insiders.

Institutional Trading of SM Energy

Hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of SM Energy in the 2nd quarter valued at about $1,025,229,000. Canada Pension Plan Investment Board purchased a new position in shares of SM Energy in the 2nd quarter worth approximately $378,288,000. Dimensional Fund Advisors LP raised its stake in shares of SM Energy by 79.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 9,995,353 shares of the energy company’s stock worth $311,678,000 after acquiring an additional 4,426,751 shares in the last quarter. Donald Smith & CO. Inc. bought a new position in shares of SM Energy during the 2nd quarter worth approximately $199,602,000. Finally, Webs Creek Capital Management LP purchased a new stake in SM Energy during the second quarter valued at approximately $53,257,807. Hedge funds and other institutional investors own 94.56% of the company’s stock.

SM Energy Company Profile

(Get Free Report)

SM Energy Company is an independent energy company engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. Its operations focus on onshore properties in the United States, with activities concentrated in major producing regions such as the Permian Basin in West Texas and the South Texas Eagle Ford.