SM Energy Company (NYSE:SM) Updates On Dividend Release Date


On 2016-03-30, SM Energy Company (NYSE:SM) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-04-22. The firm will release dividend on 2016-05-04 while ex-dividend date is reported to be 2016-04-20.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, SM Energy Company (NYSE:SM) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $42.461 on the stock. This figure is the average of recommendations offered by 13 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $68 and $30, respectively.

Taking the mathematical rating formula, the price for SM Energy Company (NYSE:SM) stands at 2.22. Earnings Review SM Energy Company (NYSE:SM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $-0.57.

Coming to the quarter ending on 2015-12-31, SM Energy Company (NYSE:SM) recorded EPS of $-0.44. The reported numbers came lower than the analysts’ estimates of $-0.69, demonstrating a miss of $0.25 as against reported figures.

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