SM Energy Company (SM)

NYSE: SM · IEX Real-Time Price · USD
49.48
+0.43 (0.88%)
Mar 28, 2024, 1:02 PM EDT - Market open

Total Valuation

SM has a market cap or net worth of $5.68 billion. The enterprise value is $6.58 billion.

Market Cap 5.68B
Enterprise Value 6.58B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Apr 18, 2024

Share Statistics

SM has 115.75 million shares outstanding. The number of shares has decreased by -3.90% in one year.

Shares Outstanding 115.75M
Shares Change (YoY) -3.90%
Shares Change (QoQ) -1.57%
Owned by Insiders (%) 1.72%
Owned by Institutions (%) 97.61%
Float 113.50M

Valuation Ratios

The trailing PE ratio is 7.19 and the forward PE ratio is 8.39. SM's PEG ratio is 0.64.

PE Ratio 7.19
Forward PE 8.39
PS Ratio 2.39
Forward PS 2.25
PB Ratio 1.57
P/FCF Ratio 11.95
PEG Ratio 0.64
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.88, with an EV/FCF ratio of 13.85.

EV / Earnings 8.05
EV / Sales 2.77
EV / EBITDA 3.88
EV / EBIT 6.54
EV / FCF 13.85

Financial Position

The company has a current ratio of 1.45, with a Debt / Equity ratio of 0.44.

Current Ratio 1.45
Quick Ratio 1.43
Debt / Equity 0.44
Debt / EBITDA 0.93
Debt / FCF 3.32
Interest Coverage 10.98

Financial Efficiency

Return on equity (ROE) is 24.10% and return on invested capital (ROIC) is 15.83%.

Return on Equity (ROE) 24.10%
Return on Assets (ROA) 13.50%
Return on Capital (ROIC) 15.83%
Revenue Per Employee $4.36M
Profits Per Employee $1.50M
Employee Count 544
Asset Turnover 0.39
Inventory Turnover n/a

Taxes

In the past 12 months, SM has paid $96.32 million in taxes.

Income Tax 96.32M
Effective Tax Rate 10.54%

Stock Price Statistics

The stock price has increased by +79.27% in the last 52 weeks. The beta is 4.20, so SM's price volatility has been higher than the market average.

Beta (1Y) 4.20
52-Week Price Change +79.27%
50-Day Moving Average 41.59
200-Day Moving Average 38.48
Relative Strength Index (RSI) 75.95
Average Volume (30 Days) 1,576,842

Short Selling Information

The latest short interest is 9.28 million, so 8.02% of the outstanding shares have been sold short.

Short Interest 9.28M
Short Previous Month 8.28M
Short % of Shares Out 8.02%
Short % of Float 8.17%
Short Ratio (days to cover) 4.23

Income Statement

In the last 12 months, SM had revenue of $2.37 billion and earned $817.88 million in profits. Earnings per share was $6.86.

Revenue 2.37B
Gross Profit 1.81B
Operating Income 918.75M
Pretax Income 914.20M
Net Income 817.88M
EBITDA 1.70B
EBIT 1.01B
Earnings Per Share (EPS) $6.86
Full Income Statement

Balance Sheet

The company has $672.61 million in cash and $1.58 billion in debt, giving a net cash position of -$902.73 million or -$7.80 per share.

Cash & Cash Equivalents 672.61M
Total Debt 1.58B
Net Cash -902.73M
Net Cash Per Share -$7.80
Equity / Book Value 3.62B
Book Value Per Share 31.24
Working Capital 282.63M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.57 billion and capital expenditures -$1.10 billion, giving a free cash flow of $475.05 million.

Operating Cash Flow 1.57B
Capital Expenditures -1.10B
Free Cash Flow 475.05M
FCF Per Share $4.00
Full Cash Flow Statement

Margins

Gross margin is 76.26%, with operating and profit margins of 38.70% and 34.45%.

Gross Margin 76.26%
Operating Margin 38.70%
Pretax Margin 38.51%
Profit Margin 34.45%
EBITDA Margin 71.46%
EBIT Margin 42.37%
FCF Margin 20.01%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 1.46%.

Dividend Per Share $0.72
Dividend Yield 1.46%
Dividend Growth (YoY) 46.67%
Years of Dividend Growth 2
Payout Ratio 10.50%
Buyback Yield 3.90%
Shareholder Yield 5.36%
Earnings Yield 14.41%
FCF Yield 8.37%
Dividend Details

Analyst Forecast

The average price target for SM is $47.50, which is -4.00% lower than the current price. The consensus rating is "Buy".

Price Target $47.50
Price Target Difference -4.00%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 1, 2005. It was a forward split with a ratio of 2:1.

Last Split Date Apr 1, 2005
Split Type Forward
Split Ratio 2:1

Scores

SM has an Altman Z-Score of 2.63 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.63
Piotroski F-Score 6