$0.30 Earnings Per Share Expected for Southwestern Energy (NYSE:SWN) This Quarter

Analysts forecast that Southwestern Energy (NYSE:SWNGet Rating) will report earnings of $0.30 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Southwestern Energy’s earnings, with estimates ranging from $0.15 to $0.50. Southwestern Energy reported earnings of $0.19 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 57.9%. The company is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Southwestern Energy will report full year earnings of $1.41 per share for the current financial year, with EPS estimates ranging from $1.21 to $2.13. For the next fiscal year, analysts expect that the business will post earnings of $1.85 per share, with EPS estimates ranging from $1.39 to $2.25. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Southwestern Energy.

Southwestern Energy (NYSE:SWNGet Rating) last announced its earnings results on Thursday, April 28th. The energy company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.36 by $0.04. Southwestern Energy had a negative net margin of 32.56% and a positive return on equity of 203.77%. The company had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same period last year, the company posted $0.29 earnings per share. The business’s revenue for the quarter was up 174.5% on a year-over-year basis.

A number of equities analysts have recently weighed in on SWN shares. US Capital Advisors upgraded Southwestern Energy from a “hold” rating to an “overweight” rating in a report on Monday, March 14th. Truist Financial upped their price target on shares of Southwestern Energy from $5.00 to $9.00 in a research note on Thursday, April 21st. Morgan Stanley boosted their target price on shares of Southwestern Energy from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research report on Friday, April 22nd. Wells Fargo & Company cut shares of Southwestern Energy from an “equal weight” rating to an “underweight” rating and upped their price objective for the stock from $8.00 to $10.00 in a report on Monday, March 14th. Finally, Raymond James raised their target price on Southwestern Energy from $9.00 to $10.50 and gave the company an “outperform” rating in a report on Monday, April 25th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $8.53.

Southwestern Energy stock traded down $0.24 during midday trading on Friday, reaching $7.10. The stock had a trading volume of 486,005 shares, compared to its average volume of 30,826,420. Southwestern Energy has a twelve month low of $3.81 and a twelve month high of $8.68. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 2.04. The firm’s fifty day simple moving average is $6.97 and its two-hundred day simple moving average is $5.56.

Large investors have recently added to or reduced their stakes in the company. Counterpoint Mutual Funds LLC acquired a new stake in shares of Southwestern Energy during the 1st quarter valued at about $25,000. FinTrust Capital Advisors LLC bought a new position in Southwestern Energy during the third quarter worth about $28,000. Chilton Capital Management LLC bought a new stake in shares of Southwestern Energy in the 4th quarter valued at approximately $35,000. JNBA Financial Advisors acquired a new position in shares of Southwestern Energy in the 4th quarter worth approximately $38,000. Finally, Lindbrook Capital LLC lifted its position in shares of Southwestern Energy by 28.1% during the 1st quarter. Lindbrook Capital LLC now owns 5,723 shares of the energy company’s stock worth $41,000 after buying an additional 1,254 shares during the period. 85.77% of the stock is owned by institutional investors.

About Southwestern Energy (Get Rating)

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.

Featured Stories

Get a free copy of the Zacks research report on Southwestern Energy (SWN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.