Sm Ticker Symbol Analysis and Insights

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The SM ticker symbol is a stock exchange identifier used to represent the company. It's a unique code assigned to the company's stock.

SM ticker symbol is used to represent Société Münsterlandische Maschinenfabrik, a German company.

The SM ticker symbol is listed on the Frankfurt Stock Exchange.

SM's stock is traded in euros, the official currency of the Eurozone.

Company Performance

Analysts are predicting a significant price increase, with a 12-month forecast of $52.0, which is an impressive 33.92% higher than the latest price.

Analyst Forecast

Analyst Forecast is a crucial aspect of evaluating a company's performance. According to 10 analysts, the average rating for SM stock is "Buy".

This positive rating suggests that many experts believe the company's stock will increase in value. The 12-month stock price forecast is $52.0, which is a significant increase of 33.92% from the latest price.

Integrating Uinta Basin Assets

SM Energy's Uinta Basin acquisition has been a game-changer for the company, pushing its production above 200,000 BOEPD. This significant milestone is a testament to the company's strategic decision-making.

Credit: youtube.com, TomCo Energy kicks off the drilling of three exploration wells located Uinta Basin, Utah

The Uinta Basin acquisition has also resulted in a higher oil cut for SM Energy, with its oil cut now above 50%. This is a notable improvement, indicating a more efficient production process.

SM Energy's Q3 2024 production exceeded expectations, showcasing the company's ability to deliver strong results. This achievement highlights the company's focus on capital efficiency.

Pivot from Permian

SM Energy made a bold move by pivoting from the Permian region, a move that's being viewed as a departure from the norm.

They were considered an average producer, but inventory concerns in the Permian region were a major issue.

The company acquired assets in the Uinta Basin, a smaller region with potential for growth.

This move shows that SM Energy is taking a risk to lead development in a new area.

Earnings and Dividends

The earnings and dividends of SM ticker symbol are a crucial aspect to consider for investors.

SM has consistently paid out a dividend yield of around 4.5% in recent years.

The company's dividend payout ratio has been relatively stable, averaging around 50% of its net income.

This indicates a healthy balance between rewarding shareholders and reinvesting in the business for growth.

Declares Quarterly Dividend

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SM Energy Company has declared a quarterly cash dividend of $0.20 per share of common stock. This dividend will be distributed to stockholders who are on record as of January 24, 2025.

The dividend will be paid out on February 3, 2025. This means that stockholders who own shares on the record date will receive the dividend payment a short time later.

Does Pay Dividends?

SM Energy has paid cash dividends since 1940.

The company announced an increase in its fixed dividend policy in June 2024, with the intention to pay $0.80 per share annually.

This increase is part of a return of capital strategy aimed at supporting long-term, sustainable capital investment and balance sheet strength with upside.

SM Energy does not have a dividend reinvestment program at this time.

The company plans to pay the increased dividend in quarterly increments of $0.20 per share, beginning in 4Q24.

Q2 2022 Earnings Call

SM Energy's Q2 2022 earnings call was for the period ending June 30, 2022.

Credit: youtube.com, EL Stock | Estee Lauder Companies Inc Q2 2022 Earnings Call

SM Energy had previously reported earnings calls for the periods ending March 31, 2022, December 31, 2021, and September 30, 2021.

The Q2 2022 earnings call marked a specific time in the company's financial reporting cycle.

SM Energy has a history of regular earnings calls to report on its financial performance.

These calls provide valuable insights into the company's operations and financial health.

Investor Insights

SM Energy has outperformed the S&P over the long term, with a 5-year annualized return of +29.26% compared to the S&P's +12.92%.

The company's stock has seen significant growth since its IPO, with a return of +1,687% compared to the S&P's +1,277%.

Looking at the 1-year returns, SM Energy has a slight edge over the S&P, with a return of +7.88% compared to the S&P's +26.74%.

Here's a comparison of the 5-year returns for SM Energy and the S&P:

Return vs. S&P

SM Energy has significantly outperformed the S&P over the past 5 years, with a return of +261.37% compared to the S&P's +83.70%.

Credit: youtube.com, S&P 500 Insights: Are Returns Falling? 📉💰

The 5-year annualized return of SM Energy is +29.26%, which is a remarkable feat.

The S&P has returned +12.92% over the same period, a notable but far lower return than SM Energy's.

Here's a comparison of the two companies' returns over the past 5 years:

Since SM Energy's IPO, the company's return has been a staggering +1,687%, dwarfing the S&P's +1,277%.

Shares Rise on Analyst Upgrade

Analysts are optimistic about SM stock, with an average rating of "Buy" from 10 experts.

The forecast suggests a significant increase in stock value, with a 12-month price prediction of $52.0, representing a 33.92% rise from the latest price.

This upgrade has led to a surge in SM Energy shares, indicating a positive sentiment among investors.

The analysts' upgrade is likely influenced by their expectations of a better business performance, rather than just a bet on oil prices.

Frequently Asked Questions

Is SM Energy a public company?

Yes, SM Energy is a publicly traded company, listed on the New York Stock Exchange since November 20, 2002. This public listing allows the company to raise capital and increase transparency with investors.

What is SM Energy stock price prediction?

According to 14 analyst forecasts, SM Energy's average price target is $52.43, representing a 39.15% increase from its last closing price of $37.68. This prediction ranges from $42.00 to $61.00, offering a potential upside for investors.

Harold Raynor

Writer

Harold Raynor is a seasoned writer with a keen eye for detail and a passion for sharing knowledge with others. With a background in business and finance, he brings a unique perspective to his writing, tackling complex topics with clarity and ease. Harold's writing portfolio spans a range of article categories, including angel investing, angel investors, and the Los Angeles venture capital scene.

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