In the latest trading session, SM Energy (SM) closed at $28.34, marking a -2.65% move from the previous day. This move lagged the S&P 500's daily gain of 0.81%. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 1.3%.
Shares of the independent oil and gas company have depreciated by 11.33% over the course of the past month, underperforming the Oils-Energy sector's loss of 3.61%, and the S&P 500's gain of 1.13%.
Investors will be eagerly watching for the performance of SM Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2026. It is anticipated that the company will report an EPS of $1.88, marking a 25.33% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $2.04 billion, up 157.41% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.1 per share and a revenue of $7.44 billion, representing changes of +31% and +136.03%, respectively, from the prior year.
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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.79% lower. At present, SM Energy boasts a Zacks Rank of #3 (Hold).
With respect to valuation, SM Energy is currently being traded at a Forward P/E ratio of 4.1. This signifies a discount in comparison to the average Forward P/E of 9.61 for its industry.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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 Company (SM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).