Southwestern Energy (NYSE:SWN) – Investment analysts at Jefferies Financial Group increased their Q1 2019 earnings per share (EPS) estimates for Southwestern Energy in a report released on Monday, October 15th, according to Zacks Investment Research. Jefferies Financial Group analyst Z. Parham now anticipates that the energy company will earn $0.29 per share for the quarter, up from their previous forecast of $0.25. Jefferies Financial Group also issued estimates for Southwestern Energy’s Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.26 EPS, FY2019 earnings at $0.91 EPS, Q1 2020 earnings at $0.33 EPS, Q2 2020 earnings at $0.26 EPS, Q3 2020 earnings at $0.25 EPS and FY2020 earnings at $1.15 EPS.
Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, October 25th. The energy company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. Southwestern Energy had a net margin of 14.22% and a return on equity of 22.07%. The business had revenue of $951.00 million during the quarter, compared to the consensus estimate of $889.13 million.
Other analysts also recently issued research reports about the stock. Johnson Rice downgraded shares of Southwestern Energy from a “buy” rating to an “accumulate” rating in a research report on Wednesday, August 15th. Zacks Investment Research raised shares of Southwestern Energy from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a research report on Tuesday, July 17th. BMO Capital Markets set a $7.00 price objective on Southwestern Energy and gave the stock a “buy” rating in a research note on Sunday, August 12th. Macquarie set a $7.00 price objective on Southwestern Energy and gave the stock a “hold” rating in a research note on Wednesday, September 26th. Finally, Scotiabank set a $7.00 price objective on Southwestern Energy and gave the stock a “hold” rating in a research note on Monday, August 6th. Seven investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the stock. Southwestern Energy has an average rating of “Hold” and a consensus price target of $5.74.
Shares of SWN stock traded up $0.04 during mid-day trading on Wednesday, reaching $5.75. 18,873,765 shares of the company were exchanged, compared to its average volume of 19,853,892. Southwestern Energy has a fifty-two week low of $3.42 and a fifty-two week high of $6.72. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $3.38 billion, a P/E ratio of 13.07 and a beta of 0.65.
Hedge funds have recently bought and sold shares of the business. Fox Run Management L.L.C. bought a new stake in Southwestern Energy in the third quarter valued at $101,000. Nisa Investment Advisors LLC lifted its stake in Southwestern Energy by 2,836.9% in the second quarter. Nisa Investment Advisors LLC now owns 20,705 shares of the energy company’s stock valued at $110,000 after buying an additional 20,000 shares during the last quarter. US Bancorp DE lifted its stake in Southwestern Energy by 222.5% in the second quarter. US Bancorp DE now owns 23,962 shares of the energy company’s stock valued at $127,000 after buying an additional 16,533 shares during the last quarter. Bayesian Capital Management LP bought a new stake in Southwestern Energy in the first quarter valued at $150,000. Finally, Meeder Asset Management Inc. lifted its stake in Southwestern Energy by 819.2% in the third quarter. Meeder Asset Management Inc. now owns 29,597 shares of the energy company’s stock valued at $151,000 after buying an additional 26,377 shares during the last quarter. Institutional investors own 90.45% of the company’s stock.
In other Southwestern Energy news, SVP Jennifer N. Mccauley sold 10,850 shares of the firm’s stock in a transaction on Tuesday, November 6th. The stock was sold at an average price of $5.88, for a total value of $63,798.00. Following the sale, the senior vice president now directly owns 30,799 shares in the company, valued at $181,098.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.70% of the company’s stock.
Southwestern Energy Company Profile
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.
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