SM Energy (SM) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of SM Energy (NYSE: SM) recently:

• 10/21/2026 – SM Energy had its “outperform” rating reaffirmed by Raymond James Financial. They now have a $50.00 price target on the stock.
• 10/20/2026 – SM Energy had its price target raised by Susquehanna from $32.00 to $44.00. They now have a “neutral” rating on the stock.
• 10/16/2026 – SM Energy was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/14/2026 – SM Energy is now covered by Scotiabank. They set a “sector perform” rating and a $39.00 price target on the stock.
• 10/7/2026 – SM Energy had its price target raised by Truist Financial from $43.00 to $48.00. They now have a “buy” rating on the stock.
• 10/7/2026 – SM Energy was given a new $39.00 price target by Mizuho.
• 10/7/2026 – SM Energy was upgraded by Zacks Research from “hold” to “strong-buy”.
• 10/2/2026 – SM Energy was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 9/19/2026 – SM Energy was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/15/2026 – SM Energy had its price target raised by KeyCorp from $39.00 to $46.00. They now have an “overweight” rating on the stock.
• 9/14/2026 – SM Energy had its price target raised by UBS Group from $36.00 to $48.00. They now have a “buy” rating on the stock.
• 9/9/2026 – SM Energy is now covered by Stifel Nicolaus. They set a “hold” rating and a $42.00 price target on the stock.
• 9/3/2026 – SM Energy is now covered by Seaport Research Partners. They set a “sell” rating and a $35.00 price target on the stock.
• 9/2/2026 – SM Energy is now covered by Seaport Research Partners. They set a “sell” rating and a $35.00 price target on the stock.
• 8/30/2026 – SM Energy was downgraded by Wall Street Zen from “strong-buy” to “buy”.

SM Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, September 7th were issued a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.2%. SM Energy’s payout ratio is 17.32%.

Insider Buying and Selling

In other news, Director Ashwin Venkatraman sold 3,650 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $38.28, for a total value of $139,722.00. Following the sale, the director owned 12,525 shares in the company, valued at approximately $479,457. This trade represents a 22.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP James Barker Lebeck sold 17,500 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $37.02, for a total transaction of $647,850.00. Following the transaction, the executive vice president directly owned 14,705 shares in the company, valued at $544,379.10. This trade represents a 54.34% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.45% of the stock is owned by insiders.

SM Energy Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its activities include acquiring prospective acreage, drilling and completing wells, and managing producing properties in U.S. onshore oil and gas basins.

The company’s operations are primarily concentrated in Texas, including the Midland Basin in West Texas and the Eagle Ford shale region in South Texas. SM Energy focuses on development of unconventional resources and uses horizontal drilling and hydraulic fracturing technologies to produce hydrocarbons from shale and other tight-rock formations.

Founded in 1908 as St.