Southwestern Energy (NYSE:SWN – Free Report) – Stock analysts at Zacks Research increased their FY2024 earnings estimates for Southwestern Energy in a research note issued to investors on Monday, July 22nd. Zacks Research analyst R. Department now anticipates that the energy company will post earnings of $0.51 per share for the year, up from their prior estimate of $0.50. The consensus estimate for Southwestern Energy’s current full-year earnings is $0.61 per share. Zacks Research also issued estimates for Southwestern Energy’s Q4 2024 earnings at $0.20 EPS, Q2 2025 earnings at $0.16 EPS and Q3 2025 earnings at $0.34 EPS.
Several other research firms also recently issued reports on SWN. Piper Sandler reaffirmed a “neutral” rating and set a $7.00 price target (down previously from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and upped their price target for the company from $9.00 to $9.50 in a report on Thursday, April 11th. Mizuho increased their target price on Southwestern Energy from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Susquehanna cut their price target on Southwestern Energy from $8.00 to $7.00 and set a “neutral” rating for the company in a report on Monday. Finally, Stifel Nicolaus increased their price objective on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research note on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Southwestern Energy presently has an average rating of “Hold” and an average price target of $8.42.
View Our Latest Stock Report on Southwestern Energy
Southwestern Energy Stock Down 1.5 %
SWN opened at $6.59 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $7.27 billion, a price-to-earnings ratio of -3.79 and a beta of 1.17. Southwestern Energy has a one year low of $5.93 and a one year high of $7.80. The business’s fifty day moving average is $7.05 and its two-hundred day moving average is $7.04.
Southwestern Energy (NYSE:SWN – Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the firm earned $0.31 EPS. Southwestern Energy’s revenue was down 33.1% compared to the same quarter last year.
Hedge Funds Weigh In On Southwestern Energy
Institutional investors and hedge funds have recently bought and sold shares of the stock. Magnetar Financial LLC increased its holdings in shares of Southwestern Energy by 3,468.3% during the 1st quarter. Magnetar Financial LLC now owns 12,360,286 shares of the energy company’s stock worth $93,691,000 after buying an additional 12,013,898 shares during the last quarter. KRYGER CAPITAL Ltd purchased a new position in shares of Southwestern Energy in the 1st quarter worth about $76,543,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Southwestern Energy by 14.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock valued at $298,381,000 after purchasing an additional 4,968,002 shares in the last quarter. Principal Financial Group Inc. increased its position in Southwestern Energy by 55.8% during the 4th quarter. Principal Financial Group Inc. now owns 6,330,974 shares of the energy company’s stock worth $41,468,000 after purchasing an additional 2,268,429 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in Southwestern Energy in the first quarter valued at approximately $16,407,000. Institutional investors and hedge funds own 86.97% 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, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.
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